Homeownership isn't for everyone. In fact, some people prefer renting over owning.
If you're trying to decide if renting is right for you, consider the following:
1. You're planning to move in the next few years.
If you desire flexibility... (Read More)
When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
As a landlord, you have a lot of responsibility. You need to be aware of housing laws, and how those laws affect your rental property; you need to keep up with maintenance demands; and you need to manage all of your financials.
If you're... (Read More)
When a tenant is looking around for an apartment, they will try to find a property that fits their needs. One of the ways they do this is by trying to picture themselves in the property and what it might look like furnished. If you're renting an... (Read More)
Should you or shouldn't you include washers and dryers at your rental property? This is a question many landlords ask themselves.
On one hand, it can be an added value to tenants - another amenity that can be featured on a rental listing. It may... (Read More)
As you know, one of the top responsibilities that landlords have is dealing with property maintenance. Even if your property is in tip-top shape when you buy it, you'll need to do some things to keep your property maintained, and eventually, there... (Read More)
If you're a landlord, then you know how busy things can get. It takes time to find new tenants, market properties, meet urgent needs, and the list goes on.
Landlords with multiple properties can quickly become inundated with work. However, it's... (Read More)
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)