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Property Management Blog

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Utah Landlord's Guide: Tips for Writing a Proof of Residency Letter

Utah tenants may need you to confirm a number of different aspects of their residency while renting from you. One of the simplest things a renter might ask for is a letter of proof of residency, which verifies that the tenant actually resides at your Salt Lake City property.Consi...
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Top Rent Collection Mistakes That New Landlords Make

Over one-third of all residents in the United States are renting their homes rather than buying, and that is a lot of rent collection.This is also a lot of opportunity for mistakes to occur in the collection process, and the possibility of more bureaucracy than is necessary. So, ...
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Common Real Estate Investing Myths That May Be Holding You Back

Halfway through 2022, we learned that over four-fifths of home-owning millennials have some regrets about buying a home. Many of them prefer to rent these days, and with this comes opportunities in real estate investing. You can either buy to flip, or buy to lease, although ...
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How Much Do I Need for a Down Payment on an Investment Property in Utah?

Today, an increasing number of people are interested in real estate investing in Salt Lake City, Utah as a long-term means of generating extra income and growing net worth. However, it's essential to know what you're required to give as a down payment for an investment pr...
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What Is Tenant Screening and How Much Does It Cost?

Tenant screening is a powerful force in renting, with 14% of applications rejected through the screening process alone. This shows that it is catching many people who would not be a good fit as a tenant. But if you are a new landlord where do you learn more about how to do this?B...
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Market Updates for September 2022

The fall is always a welcome time of year for property managers. The busy summer leasing season is winding down, cooler temperatures are mercifully in the forecast, and we are finally afforded time to accurately assess our successes and failures. In this month’s update, we ...
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Common Property Management Myths That You Should Know

There's no denying that owning a rental property in Salt Lake City, Utah, is a sensible investment. After all, the state recently recorded some of the highest rents in America. That's great news for rental property owners.However, unless you're a property management e...
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6 Ways Utah Landlords Can Optimize Outdoor Space to Improve Property Value and Attract More Tenants

It doesn't matter if you've recently moved into your apartment or want to improve your outdoor area's aesthetics; now is the time to put your patio or balcony in good condition.Home improvement is one effective strategy for property managers or Salt Lake Cit...
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Rental Security Deposits: How Much is Too Much?

Successful property investors take the right measures to protect their rental units.One way you can do this is to have your new tenants pay security deposits when they move in, which protects your finances in the event of tenant-caused damage. In fact, one-quarter of al...
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Why You Should (Or Shouldn’t) Run a Tenant Criminal Background Check

It might be surprising to learn that approximately 1 in 3 Americans have a criminal record. Many people have minor crimes from years ago, but others have serious charges that might not be from long ago.As a rental property owner, you have the right to check someone's backgrou...
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