While tenant turnover can lose money, not increasing the rent can also be a financial drain. Landlords must understand how to tactfully and effectively raise the rent without losing the tenant. This article lists things to consider when raising the rent and how to properly navigate the process.
When everything goes well in the rental property market, landlords have a constant source of income. A positive monthly cash flow used to maintain the property. However, there are often “hidden” costs associated with owning rental property. This article discusses some of the hidden costs of owning a rental property.
With maintenance and tenant concerns at the forefront of every landlord’s mind, reporting and accounting only seem to come into play around tax time when it comes to property management. As an experienced property management company, we understand that tracking your profits and expenses is crucial each year. This article touches on ways to stay organized as a landlord or real estate investor.
The strong US real estate market shows NO signs of stopping and Raleigh has a long-term growth model that ensures a constant housing and rental demand. From homeowners to landlords, Raleigh continues to be a great place to live and work. Take a look at the following article to learn more about the predicted housing and rental trends for 2022.
Tenants that respect your property and the neighborhood are what every landlord wants when it comes to renting their property. Add in the idea of paying on time; being clean; and considerate; and contacting you when issues arise; and you have yourself the illustrious “unicorn” of tenants. In this article, we talk about tips to keep your tenant happy.