There are a lot of perks of owning real estate. It's a great investment. Plus, it provides passive income. Your time is valuable and a passive income allows you to make money without investing hours upon hours. You can literally be making money in... (Read More)

Are you getting your rental space ready for a new tenant? You probably already know you need to make sure that it's thoroughly cleaned and that any maintenance issues are fixed prior to move-in. But beyond that, there are some other ways you can... (Read More)

As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)

While you may be a landlord because you're motivated by the income opportunity, you can't approach the tenant relationship as such. The relational aspect can't be overstated. You need to treat it as more than a business transaction. Here's how to do... (Read More)

Homeownership isn't for everyone. In fact, some people prefer renting over owning. If you're trying to decide if renting is right for you, consider the following: 1. You're planning to move in the next few years. If you desire flexibility... (Read More)

As a residential landlord, it's important to regularly invest in renovations. The right renovations can entice tenants to rent and increase the value of the rental. However, if too much money is spent during renovations, you may end up losing money... (Read More)

You're a busy person and your time is valuable. You may even have another job on top of being a landlord, which can make your time even more scarce. That's why it's important to make sure you're saving yourself as much time as possible. In this... (Read More)

One of the biggest benefits of hiring a property management company is that you can lean on them to handle day-to-day rental operations. This allows you, the property owner, to focus efforts on boosting profits, instead of handling the minutiae or... (Read More)

At PMI, we believe there are four things that are extremely important when partnering with a property management company –– effective communication skills, integrity and honesty, accurate accounting, and availability of management. Each of these... (Read More)