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)

We understand that as a residential landlord, you need to have quality tenants in your property to be able to make an income. Every time you're without a tenant or you have a tenant who refuses to pay rent it can hurt your investment. Being a... (Read More)

You have occupancies to fill, but you want to find the right tenants. That's because you know that finding the ideal tenants can help you avoid potential issues in the future and even reduce turnover rates. So, what things should you be asking and... (Read More)

Rental income is your revenue. It's what keeps your venture afloat. But how do you choose the right rental rate and what avenue do you use to accept monthly payments? As a landlord, it's important to consider both of these aspects to ensure that... (Read More)

You know that a real estate investment can be a great way to bring in extra income. You can be a landlord while working a job or pursuing a hobby. You can even make being a landlord your main gig. When it comes to real estate investments, you can... (Read More)

One of the nice things about renting a property is that the majority of maintenance issues can be handled by someone else. You typically won't need to hire a vendor to come in and handle issues that pop up. This can be a tremendous relief for... (Read More)

At PMI, we believe it's very important it is to screen your tenants. This is to ensure that you end up with the right people who will care for your property and pay the rent on time. Establishing a good tenant-landlord relationship goes beyond... (Read More)