Property Management Blog

How Section 8 Decides if Your Rent Is Reasonable

Across the US, approximately 2.3 million renters are taking advantage of HUD Section 8 subsidies for rent. This makes up about 5% of all renters in the US.Thousands more wait years to get an approved voucher so they can look for a Section 8 rental. Many more seek a Section 8 rent...

Average Airbnb Occupancy Rates

Airbnb is one of the most popular platforms in the world when it comes to booking vacation lodging. As of 2022, more than 150 million people across the world use it.This has inspired people to put their own vacation rentals on the platform and hopes that guests want to book as ma...

Can You Sell a Rental Property With Tenants in Place?

Owning rental property can be a great way to increase your monthly income. However, it's not as easy as everyone makes it sound. It's hard work and being a landlord isn't for everyone.No matter what your reasoning is, if you're ready to sell a rental property, the...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start askin...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you donât want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way ...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections,...

Hiring A HOA Property Manager

Hiring a property manager is an easy decision for landlords who donât want to worry about the day-to-day hassles of running a rental property. When it comes to Homeowners Associations (HOA), however, the decision isnât so cut and dry. Typically, an HOA exists...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved...

Importance of Association Management Meeting Minutes

Meetings are rarely on anyoneâs list of favorite things to do â and keeping meeting minutes is even worse. However, timely, accurate minutes are important, especially if decisions are being made about your home and community. Ideally, after the conclusion of an ...