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Property Management Blog

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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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The Benefits of Real Estate Asset Management

Did you know the real estate asset management and consulting industry is worth over $78 billion?With such a big industry, it can be hard to understand where you should start. It might even feel so overwhelming that you miss the point of getting involved in the first place. Luckil...
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Landlords: Should You Include Support Animals in Your Lease

In 2020, the US Department of Housing issued updated rules regarding emotional support animals (ESAs). Do your current policies comply with these new rules?An ESA is a pet that provides therapeutic benefits to its owner, who must have a letter from a licensed mental health profes...
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What’s the Average Security Deposit Amount in Utah

In 2021 statistics showed that over 300,000 rental households in Utah. With house prices on the rise, it's no surprise more people are looking to rent each year. If you're an owner or real estate investor, you'll need to know how much money to charge to a te...
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Utah Eviction Law: What You Need to Know

The eviction process can be a scary thing for a tenant to have to face, especially if they do not know where else they can live. However, having a tenant that cannot pay rent can financially cripple and potentially ruin you the landlord. Typically, there are about 865,000 ev...
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Does a Property Management Company Take Care of All Property Maintenance?

Are you a landlord or landlady in Salt Lake City, Utah? Have you considered hiring a property management company? Their services help shoulder the responsibility of your investment property. But not all of them are equal. If you want one with all the bells and whistles, like...
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How Much Property Should I Have to Talk With a Property Management Company?

More than 43 million households in the United States are renting today. If you're a person interested in beefing up your real estate portfolio, it's not something that you have to do alone. Property managers make life easier for investors like you and have an en...
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Benefits of Having a Third Party Handle Your Tenant Screening

No one wants to evict a tenant from their property. It can be upsetting and it can also be very expensive. Tenant screening is the best way to avoid these situations.But landlords are busy people, whether they do it full time or as a side income. It can be time-consuming to ...
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3 Reasons Why Security Deposits Are Important

Security deposits are not a legal requirement when it comes to rental properties. However, they do serve as a form of security recourse for a property management company or a landlord in the event that rent is unpaid or damage is done to the property.Security deposit amounts vary...
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