Author: Michael Leafer

Property Management + Tax Deductions

Why Property Management Fee Is a Tax-Deductible Expense     When you own a rental property, the responsibilities include purchasing monthly rent and paying the required building expenses. You are also supposed to screen prospective tenants, maintain the property as per the law and address any complaint. Managing a rental property is a tedious job. Consequently, it would be best… Read more →

How Often Should You Visit Your Properties?

With Property Managers, When is Visiting Your Property Too Much? Inspecting your property is essential and a personal decision depending on the kind of property you are renting, the type of tenants you attract and the type of relationship you want to establish with your tenant. Property inspections will help you assess the home’s condition and manage any repairs early… Read more →

Single-Family Home vs. Duplex

      Investing in real estate is a great mechanism to diversify investments. Nonetheless, it is suitable for real estate investors to be familiar with managing different types of houses. Such information will help you make well-informed decisions and handle their obligations perfectly. Let’s look at what it will take to manage a single-family home vs. a duplex in… Read more →

How Often Property Managers Should Visit Their Properties

  The importance of regular property visits cannot be overemphasized. Chances are, property managers may fail to pinpoint significant problems that could be fatal had they done the regular inspection. Therefore, it is crucial to find the right balance so that property inspections are not done too often, as this could interfere with tenant privacy. The lease agreement usually indicates… Read more →

Why You Need a Property Management Service for Low-Profitability Properties

Rental properties are great profitable investments. On the other side, some rental properties can suffer low profitability due to some reasons, such as poor management. Since renting protocols or becoming a landlord can be so complicated and stressful, the next option could be acquiring a property management service. Here are ways property management can improve your property profitability: Timely Payments… Read more →