Duplexes are multi-family homes with two units standing in one building. The duplex could either be a two-story building with one front yard, or the units could stand side by side, sharing a wall. On the other hand, a single-family home is built on a separate property and is not attached to any other building. Both single-family homes and duplexes… Read more →

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 →

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 →

      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 →

Whether you are an experienced landlord or just getting started, thinking about your taxes can be a huge hassle. It is important that you are ready when the time comes so that you can quickly and easily get your taxes completed. Are property management fees deductible on your taxes? Any property management fees are deductible when it comes to your… Read more →

Inspecting your rented property is an important way to check on its condition throughout the tenants’ lease. It offers you a chance to address small maintenance and repair issues before they become bigger, as well as a chance to make sure your tenants are satisfied. Depending on the state, there are regulations on when and how, as the owner, you… Read more →

  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 →

  Having the best tenants is every landlord’s dream. Waking up to zero phone calls from tenants due to loud noise and disturbance in the middle of the night from a new tenant is an incredible experience. How can I get such tenants? Well, screening tenants can be one of the best options to start with. Running background checks, credit reports while… Read more →

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 →

The eviction process can be engaging, but it does not have to be stressful. As a landlord, you could be prompted to evict a tenant. There are many reasons you could decide to evict a tenant, but the most common ones include: Non-payment of rent Habitual late payment of rent Disrupting other tenants Damage to your property Holdovers after the… Read more →