Property Management Blog

How Good Maintenance Helps Retain Tenant

The main goal as a landlord is to KEEP UNITS OCCUPIED! Am I right? And maintaining good maintenance plays a major role in retaining tenants. Think about it, do you think a tenant is going to want to renew their lease if it takes weeks at a time to address a maintenance issue? Probably not. So it is very important to stay on top of mainten...

Spring Maintenance Tips for Your Rental Property!

Get your rental property ready for spring in Indiana. Even though it may not seem like it, Spring is already here, and vendors are already filling up their schedules. Seasonal maintenance may be a chore, but seasonal inspections and preventative maintenance keep your costs down and help ensure your property is ready for the upcoming weath...

Landlords: Should you allow pets?

Almost every landlord has had a tenant that owned a pet. From chihuahuas, to kittens, to enormous Great Danes, pets are part of the family to those who raise them. That’s a problem, isn’t it? If you allow pets, there will be damage. If you don’t allow pets, there will probably be damage anyways. Herein lies the root of ...

Spring Yard Maintenance and Cleaning

Spring time is here and spring cleaning is in full swing. Not only do the insides of our homes need inspection and cleaning, our yards also need yearly maintenance done. Often times we forget about the simple things that should be done to our home each year, so here is a list of things that should be taken care of as the weath...

Why Conduct Regular Inspections of Your Rental Properties

If we didn't trust our tenants, we probably wouldn't rent to them, but when it comes to your properties and the protection of their value, here are 3 reasons as to why it is a good idea to conduct regular inspections of your rental properties. First, to confirm that no illegal activity is taking place. Second, check and see if a...

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 asking bigger questions such as “What do we do from here?” ...

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 out. Security deposits are often the most hostile subject...

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 the most part. However, there are some circumstances in wh...

Increasing Curb Appeal

Increase the value of your rental property by making some aesthetic changes and following a few simple tips. Check for concrete damage and consider making repairs. There are emerging low cost options, such as concrete lifting, to fix cracks and sunken concrete slabs as opposed to total concrete replacement. These small re...

Why Use a Property Manager

Purchasing rental property in NM is a smart investment and can be a significant source of residual income for property owners. However, property management can be an enormous undertaking that requires a great deal of time and effort. Property management involves the process of finding and vetting quality renters, keeping prope...