Property Management Blog

What is a rental income statement?

By Lizz Walters Monday, June 14, 2021

Rental income is any revenue generated from your leased properties, including commercial or other investment properties. Therefore, a rental income statement helps you track your rental income and finances. This can help you manage your investments by staying on track w...

What Is an Investment Property?

By Lizz Walters Monday, June 14, 2021

An investment property takes many different forms. However, it is commonly recognized as a property that is rented for more than 180 days out of the year. This could be a property that you purchase for the sole intention of renting. It could also be a property that you currently ...

Do Property Management Companies Pay for Repairs?

By Lizz Walters Monday, June 14, 2021

Leaky faucets. Broken windows. Busted refrigerators. Landlords are no strangers to spending money on repairs, whether those issues are costly or inexpensive. But when a property management company is handling your rental spaces, who pays for the repairs? And who exactly carries o...

Is it better to rent or sell your home?

By Lizz Walters Wednesday, June 9, 2021

[et_pb_section admin_label="section"] [et_pb_row admin_label="row"] [et_pb_column type="4_4"][et_pb_text admin_label="Text"] There are many factors to consider when deciding whether to sell your home or rent it out. Although rental properties are a great financial inves...

What Does a Property Management Company Do for You?

By Lizz Walters Wednesday, June 9, 2021

There are many different services that property management companies offer. Services vary depending on the type of property you own, how many renters you have, and more. To better understand what a property management company does, review these common services. About Prope...

What Is a Lease Up Fee?

By Lizz Walters Wednesday, June 9, 2021

[et_pb_section admin_label="section"] [et_pb_row admin_label="row"] [et_pb_column type="4_4"][et_pb_text admin_label="Text"]Tenant placement services are a common feature of property management companies. These services make finding tenants and keeping leases fulfilled muc...

Is a Property Manager the Same as a Landlord?

By Lizz Walters Tuesday, June 8, 2021

Although many people don’t realize it, the titles “landlord” and “property manager” don’t signify the same role. There is some overlap between the roles, however. For example, both landlords and property managers often share the goal of renting out spaces. And the...

What Does Property Management Mean?

By Lizz Walters Wednesday, June 2, 2021

If you're a renter or a property owner, you've probably heard of something called "property management." Knowing what that term encompasses could lead to some major changes to how you rent or handle your units. Property management is when a landlord hires another company...

Can a tenant refuse entry to landlord?

By Lizz Walters Monday, May 31, 2021

Many people prefer renting, as it gives them more flexibility. Renters also experience less responsibility when it comes to repairs and maintenance. As a renter, you’ll have many freedoms when it comes to your space. However, your landlord may need to temporarily gain access to...

What is included in a property management report?

By Lizz Walters Monday, May 31, 2021

Property management reports are a helpful tool for property owners. They give detailed information regarding the duties that the landlord or property management performs. This allows the owner of the property to oversee management without being entrenched in the daily comings and...