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Property Management Blog

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Property Marketing: 4 Easy Ways to Market Your Rental Property

74.4% of rental properties are owned by individual investors, and not by companies or property rental agencies. When it comes to being a property owner who operates in the rental space though there's nothing quite as important as your property marketing. A...
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How to Handle Lease Renewals for Existing Tenants

Did you know that Salt Lake City is facing the tightest rental market in its history? With a vacancy rate that’s below 2%, the average rent for a two-bedroom apartment is about $1,700.If you are a landlord in Utah’s capital, it’s a great time to reevaluate your ...
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3 Property Maintenance Tips for New Landlords in Salt Lake City

Did you know that about 5.6% of rental properties are unoccupied? Being a landlord requires wearing multiple hats, and no two days look the same. There is so much involved in successful property maintenance, from maintenance issues to rent payments. Here are three property m...
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The Complete Guide to Improving Tenant Retention for Landlords

A responsible tenant is worth their weight in gold to experienced landlords. When you find those tenants, keeping them in your unit should be your number one priority. Seasoned professionals know a 5% increase in retention rate can boost profits from 25 to 95%.But what can you do...
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Common Rental Property Inspection Mistakes and How to Avoid Them

The hardest part about managing a property isn't the maintenance. A leaky faucet? Broken window? Those are easy fixes.No, you want to know what the hardest part of property management is?It's the tenants.Your property is a rock: steady, reliable, consistent. Tenants, thou...
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Top 5 Signs It's Time to Hire a Property Manager

Imagine this: you have 10 real estate investment properties in your portfolio and you've been managing okay until now. But now it feels like a chore every time you have to go to a property in the middle of the night to fix a leaking toilet or to help with a locked-out tenant....
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Rental Property Tax: Your Ultimate Guide

Tax time has a way of slashing your hopes for smooth and stress-free passive rental income. Even if you do everything by the book, there's still a lingering feeling of anxiety that comes each year. What if you miss something? What if you made a mistake that will come bac...
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Renters Insurance With Pet Coverage: What You’re Allowed to Require

According to a recent study, about 85 million American families own some kind of pet. So if If you're a landlord who is renting out one or possibly multiple properties, chances are at least one of your renters will have a pet. So should you require renters insurance with pet ...
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Pets in Rental Apartments: Should You Allow Them?

Almost 70% of US households have a pet. That statistic is from before the pandemic, so we're willing to bet the figure is even higher now.Those are a lot of furry friends! Around 40% of Americans rent instead of own, so it's likely that the people applying to your propert...
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Security Deposit Receipt: What You’re Required to Provide

There are more than 20 million rental properties in this country, which means a lot of people rent instead of owning homes. If you're a landlord, this is good news because it means that you'll always have people contacting you for rental properties. As a landlor...
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