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)
You want your tenants to be happy because happy tenants are more inclined to renew their leases. They're also more motivated to keep your property in good condition. When combined, these factors can improve your relationship for the better.
There... (Read More)
We all know that a residential investment can be very lucrative. However, it can also come with some headaches. How can a landlord safeguard themselves and reduce trouble down the road? There are actually a few things you can do to help lower... (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 may have a second home that you use during a certain season or maybe you just use it for your annual vacations. But, what happens when you're not in your second home? Do you let it sit empty, continuing to pay the mortgage on a home that's left... (Read More)
Rental income is your revenue. It's what keeps your venture afloat. But how do you choose the right rental rate and what avenue do you use to accept monthly payments? As a landlord, it's important to consider both of these aspects to ensure that... (Read More)
Have you been mulling over the idea of allowing tenants to pay their rent online? If so, take the time to read this blog. In it, we discuss several benefits of online rental payments.
1. It helps you stay competitive
In this day and age, many... (Read More)
As a residential landlord, you want to find the right tenants. Thoroughly screening your tenants can help you choose wisely. But, what will make your property more attractive to potential clientele? There are a few things you can do to help you... (Read More)
One of the nice things about renting a property is that the majority of maintenance issues can be handled by someone else. You typically won't need to hire a vendor to come in and handle issues that pop up.
This can be a tremendous relief for... (Read More)
We understand that as a residential landlord, you need to have quality tenants in your property to be able to make an income. Every time you're without a tenant or you have a tenant who refuses to pay rent it can hurt your investment.
Being a... (Read More)