When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
When tenants are looking for a place to rent, one of the things they may notice is how secure the property is. People will feel better about renting a residence that makes them feel safe. Making a few improvements on the security front can help... (Read More)
Real estate investing can be a lucrative way to diversify your investments. But what if you live too far away to deal with day-to-day issues? Or maybe you live close but can't keep up with all the demands. A property management company like PMI... (Read More)
You may have heard that you should treat your residential rental like you would a business. This makes sense because it is a business. You're earning money by providing something. It may look different from a typical business that sells a service or... (Read More)
One way to improve occupancy rates is to allow your tenants to have roommates. However, if you go this route, you'll want to proceed with caution. The thing is, renting to roommates can come with a little more risk, which is why you want to take... (Read More)
There are many flooring types that you can consider for your rental property. You've probably seen a variety of rentals that offer wall-to-wall carpeting. On one hand, carpeting can be more affordable than hardwood. Plus, carpeting is cozy and has a... (Read More)