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Property Management Blog

Thursday, June 22, 2023

A Property Owner's Guide to NC Property Taxes
Many people invest in real estate because it's one of the best ways to build wealth in the modern economic marketplace. However, it's not all profit. There are many costs and fees you'll need to get familiar with if you plan on kicking off a real estate investment.Property taxes are a vital source of revenue for local governme...

Thursday, June 8, 2023

What Should Go in a Lease Violation Notice?
A new study found that sending lease violation letters can cause annual eviction rates to drop by 63%. Many tenants didn't realize they were violating the terms of their leases.With the letter, tenants can change their behavior accordingly. Now, you may ask yourself, how do I write a lease violation notice? Thankfully, we've found...

Thursday, May 25, 2023

Should You Allow Your Tenants To Bring In Emotional Support Pets?
More than 4.28 million people own support animals that help them with a range of issues, including mental health and physical ailments. While most places have clauses that make an exception for people to bring their emotional support pets with them, this isn't always the case with living arrangements.If you're a property manager, ...

Thursday, May 11, 2023

4 Characteristics of a Reputable and Rental Management Company
Do you own numerous rental properties? If so, managing all of them and providing the service your properties and tenants deserve can be challenging.This is precisely why the best thing to do is to hire a rental management company to aid in overseeing each of your properties. Below we've created a list of some of the things you need to...

Thursday, April 27, 2023

Essential Property Maintenance for Landlords
Individual investors own approximately 70% of all rental properties in the US, and 34% of American families live in rental housing.The fact is, there is huge potential for investing in rental properties, but you have to ensure you're keeping your properties in the best shape possible. If you're not prioritizing property maintenanc...

Thursday, April 13, 2023

5 Property Accounting Tips for Real Estate Investors
Did you that 72% of business owners, including real estate investors, do their accounting without professional help?Real estate investing has the potential to be incredibly rewarding, but success largely depends on having solid accounting practices in place. Without them, taxes and payments become a nightmare - not exactly what you want w...

Tuesday, March 28, 2023

Writing a Tenant Rent Increase Letter: Do’s and Don’ts
Across the United States, rent is increasing. On average, it's gone up more than 5% between 2017 and 2022. Increasing costs are a simple fact of life, but it still pays to tread carefully when alerting a tenant to a rent increase.Many landlords and property managers struggle when dealing with this issue. There are lots of moral and le...

Monday, March 13, 2023

How to Draft Attractive Rental Property Listings
Looking to attract as many prospective tenants to your property as possible? If so, you'll want to draft an attractive rental listing.The question is: how do you do this? What are the steps to drafting attractive rental property listings in Charlotte? There are quite a few things you'll want to include in your property description...

Tuesday, February 28, 2023

5 Maintenance Mistakes Landlords Make and How to Avoid Them
As a landlord, it is your business to find tenants and keep your rental units occupied, especially because Charlotte has a higher-than-average national vacancy rate of 7.12% as of 2019.If you are wondering how to get your tenants to renew their lease, then you should focus on maintaining your property.Find out 5 maintenance mistakes landl...

Monday, February 13, 2023

How to Pick a Tenant Screening Company: Everything You Need to Know
Did you know that the percentage of renters in Charlotte, NC., who fell behind on their rent reached a high of 30% in July of 2021? While much is to blame on the circumstances involving Covid-19, this is a daunting statistic for a landlord who relies on rent payments as an income.To ensure that rent is paid on time, you need to find relia...

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