When it comes to being a landlord, there are a lot of things you need to be aware of and a lot of things you need to do in order to keep your investment successful. One of the things you need to protect yourself and your investment is to keep... (Read More)
We all know that security deposits reduce the likelihood of your rental unit becoming damaged. What you might not realize, is that there's a right and wrong way to handle them. If you aren't careful, you might even run into legal issues.
Every... (Read More)
Renters insurance isn't a requirement. But it is something that should be strongly considered. It offers many perks for both landlords and tenants.
One of the top benefits renters insurance provides is the relief in knowing that there is coverage... (Read More)
When tenants are looking for a place to rent, one of the things they may notice is how secure the property is. People will feel better about renting a residence that makes them feel safe. Making a few improvements on the security front can help... (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)
Are you searching for an apartment? Renting has a lot of perks compared to purchasing a home. When you rent, someone else typically handles the maintenance, you often get additional perks in the form of amenities, and you can pick up and move with... (Read More)
One way to improve occupancy rates is to allow your tenants to have roommates. However, if you go this route, you'll want to proceed with caution. The thing is, renting to roommates can come with a little more risk, which is why you want to take... (Read More)
There are many flooring types that you can consider for your rental property. You've probably seen a variety of rentals that offer wall-to-wall carpeting. On one hand, carpeting can be more affordable than hardwood. Plus, carpeting is cozy and has a... (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)