Property Manager’s Guide to Tax Time and Sending 1099s to Landlords
By Cassie Parker Wednesday, October 5, 2022
For some landlords, even the thought of taxes sends shivers down the spine. Luckily, property managers are responsible for handling and sending out rental property tax forms for landlords to fill out.Whether you are a landlord or property manager needing information on 1099s...
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The Pros and Cons of Allowing Pets in Your Rental Property
By Cassie Parker Wednesday, September 28, 2022
Did you know that over 90 million families in the United States have pets? Animals are an excellent resource for family love, emotional support, and learning how to take care of a living thing.However, sometimes it can be difficult to allow pets in a rental property. Have you eve...
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There's no denying that real estate is a great investment.In fact, buying real estate is one of the best ways of building wealth for retirement. This is especially true of rental property. But owning rental property is a lot of work because you have to focus on property maint...
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Is Outsourcing Your Tenant Screening Process a Good Idea?
By Cassie Parker Wednesday, September 14, 2022
In today's rental market, there is no shortage of people who need affordable housing. According to the US Department of Housing and Urban Development, there are 43.6 million rent-based households in America. As a landlord in Virginia, that means an excellent opportunity to ea...
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It's a nervous time for homeowners. Recent data has shown property values have fallen by as much as 10%, and rising interest rates will increase mortgage costs.That could make attracting tenants more difficult when the housing market is complex and unpredictable.How...
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Is Outsourcing Your Tenant Screening Process a Good Idea?
By Cassie Parker Tuesday, August 30, 2022
The Census Bureau recorded nearly 20 million rental properties in the United States. Each of these properties is filled with tenants that property owners and property managers rely on to turn a profit. You can reduce your financial risks when you implement a robust tenant sc...
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How to Choose Property Management Services: What You Need to Know
By Cassie Parker Tuesday, August 23, 2022
Investing in real estate will always be a top choice for long-term investors. Real estate has proven to be a reliable source of passive income and one of the best ways to grow your wealth over time. However, if you're not careful, real estate can also be a huge money pit.One ...
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5 Common Property Management Mistakes and How to Avoid Them
By Cassie Parker Thursday, August 18, 2022
The number of property management businesses grows about 3.5% each year in the US. Rental properties are becoming more popular, especially as the current generation continues to delay the time in which they settle down. And with more rental properties comes the need for more...
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How to Keep Good Tenants in Your Investment Property?
By Cassie Parker Wednesday, August 10, 2022
Landlords evict more than 1.64 million tenants each year for failing to pay their rent. Good tenants always pay their rent on time, which is why you should focus on finding and keeping the good ones.A good tenant also cares for their rental unit and doesn't start problems wit...
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Various circumstances can make you an accidental landlord. This includes inheriting a property, working abroad, and renting while you’re away, or renting out your home because you’re unable to sell it.About half of single-property landlords initially purchased their p...
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