Property Management Blog

Our Business Philosophy

We usually talk about specific property management topics in this blog, but I wanted to take a quick detour this week to discuss something more broad: our general business philosophy. Our philosophy applies to how we interact with everyone, from tenants to property owners, and fr...

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Automatic Lease Extensions

Many tenants balk at signing a lease renewal, even though they plan to stay in the house. They would much prefer, obviously, to simply stay on a “month-to-month” basis, giving them more freedom to leave on their own schedule. Clearly, this isn't in your best inter...

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June home sales bad for sellers, good for income property investors

The latest data for new home sales is out for the month of June, and it continues to be bad news for home builders and sellers. But, it's important to note that bad news for sellers is frequently good news for owners of rental properties, because it means demand for rentals w...

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Update from the Federal Reserve Chairperson

Last week the chairperson of the Federal Reserve, Janet Yellen, gave her testimony to both House and Senate committees, which included interesting information for homeowners and real estate investors.Most notably, she signaled that although the Fed will be likely to start increas...

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No, we won't waive late fees.

It's a question we get all the time: “I had [insert excuse here], and I've always been a good tenant, so will you please waive my late fee?” Sorry, but no.Late fees are a very important part of enforcing a lease agreement and ensuring that tenants pay on time....

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Wage Garnishment from Deadbeat Tenants

Thankfully, the vast majority of our clients never have to worry about this situation. Very few tenants ever have to have an eviction filed against them, since we're so thorough with our tenant screening on the front-end, but no screening can ever completely eliminate evictio...

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HOA & COA Management

In addition to management of rental properties, we can also help your neighborhood or condo complex with management of your HOA or COA. Management of a neighborhood association can be complicated, including accounting, tax filings, ongoing maintenance and repairs for common areas...

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Company Expansion

You may have noticed that our company has been growing rapidly over the last few years. Two years ago, we managed just 60 houses. Today, that number has grown to well over 200. In addition to adding houses under management, we have also added a new office, new office staff, new l...

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Rental Market Update

Every now and then it's a good idea to take a look at the status of the market for rental properties to evaluate whether you're better off to sell your property or keep it as an income property. As the news has started to report that the housing market is beginning a slow...

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Smoking or Non-Smoking?

This is another question we get asked frequently, but unlike most questions, this one has an easy answer. “Should we allow tenants to smoke in our rental house?” In this case, the answer is an easy “NO!”Some people worry that prohibiting smoking will exclu...

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