Successful rental owners follow these guidelines to ensure the success of their rental, and maximize their owning experience. 1. Treat your rental property like a business… because it is a business! 2. Have a financial reserve set aside for the “unexpected.” Placing...
To attract great tenants, you have to prove that you have a great rental property. If you want to make a good impression, the exterior of your property is an essential step. Investing in this is vital as it’s a very influential factor in keeping your rental properties...
Landlords have a lot on their plates. They must advertise, provide maintenance, collect rent, and do much more. When faced with bad tenants, the stress of being a landlord is compound. By taking the necessary steps to find high-quality tenants, you can minimize these...
Congratulations! You finally decided to build your wealth by purchasing a rental property. However, that is only the first step. There is a big difference between being simply a property owner and being a landlord. For those property owners who live far away or prefer...
Hiring someone to manage your investment is a big decision, so you need to do your research before choosing one. Essential qualities to look for include organization, honesty, and experience. We at Keyrenter Property Management have the best property managers in...
After you invest your money in a property or a set of properties, you should manage it. For sure, you must have considered whether to manage your property/properties all by yourself or with the assistance of a property management company. A property management firm...
The right commercial property management company will help you get the most out of your investment, minimizing vacancy rates and maximizing the value of your building. A full-service firm with a comprehensive roster of services makes commercial real estate a truly...
Owning commercial real estate comes with many responsibilities, but there’s one task many owners overlook until there’s due date: Property taxes. According to professionals, taxes are one of the most misunderstood aspects of real estate ownership, especially in the...
A management company will oversee the current conditions and operations of your rental property. They will be in charge of functions such as screening of tenants, rent collection, and handling tenant issues. However, not all property management companies are the same....
Are you trying to juggle a bunch of different rental properties at once right now? If so, you might be finding that it’s almost impossible to keep tabs on all your rental properties and give your tenants the attention they need. Rather than continuing to try and...
One of the most significant decisions you’ll make as a landlord is whether you should hire a property management company. Many landlords manage properties on their own or with the help of an employee, such as a resident manager. But sometimes landlords need more help,...
A landlord has a mountain of responsibilities. While you might want to manage your properties full time, some situations require the help of a rental property management company. Keyrenter Property Management provides expert real estate services throughout the Tacoma,...
Whether you’re thinking about investing in real estate or already own several rental properties, you should consider hiring a property manager to handle your investments. In addition to saving you a lot of time and stress, allowing a reliable company to handle the...
You are the owner of a home in search of the right property manager to hire. Maybe you don’t yet know what makes up the ideal property manager, but you do know your end goal. This list goes beyond the basics because as important as monthly management fees and rapidly...
There are a multitude of benefits to owning rental property. Many different situations may lead homeowners to convert their own home into a rental property. This can feel like a complicated process, so we have broken down 10 simple steps for converting your home into...
A great management company maximizes the return on your investment by holding down repair and maintenance costs. They keep rents inline remote investing with local market increases and keeping your property rented to responsible tenants who will pay their rent on...
When it comes time for you to open up your first rental property, your only hope is that your tenants will treat the home as if it were their own or as if you were living in it yourself. It can sometimes become a challenge to have this be your reality, but finding the...
It can sometimes become a challenge knowing where to find your next rental property home or to even know if a certain rental property is the one for you. And not only can it be difficult, but it can also be pretty time-consuming especially as more and more people are...
Landlords have multiple concerns to deal with. Maintenance is often one of the most important services that a landlord can perform for their rental properties. The purpose of maintenance is primarily to monitor the condition of a property and ensure that it stays in...
Obtaining rental property can be incredibly rewarding. In some cases, you may wish to convert the home you are currently living in into a property that can be rented out. When you prepare your home to be a rental, there are several things that you have to keep in...
You may think that tenant retention begins only after they have settled into their new home. However, studies have shown that the move-in process actually significantly impacts the tenant retention rates, as well as the overall satisfaction of the tenants. Not only do...
No matter what type of property you rent to your tenants, it pays to invest some money into your property to keep it updated, clean, and modern. Landlords often focus on landscaping and other basic maintenance tasks, that they forget to actually look at the age of the...
Rent control is inevitable in many areas, especially New York and parts of California. It was originally intended to keep housing affordable by limiting rent increases, but it has had a significant impact on the housing market in those environments. Many landlords...
When it comes to marijuana and tenants, the federal law is clear, landlords are not required to accommodate tenants for marijuana use, even for medical use. Medical marijuana is legal in Washington, but that does not mean landlords need to allow it as it is still...
Evicting a tenant is a necessary evil that comes with owning property. It can be a complicated process that can have many legal repercussions. This is why it is important to know the reasons a landlord may legally evict their tenant. Keep in mind that even with a...