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Property Management Blog

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...

Tuesday, January 31, 2023

What Is Turnkey Property Management and How Can It Benefit Investors?
Did you know that 70% of rental properties are owned by individuals? That means that people are taking advantage of the opportunities that they get to buy real estate.However, say you are in one part of the country, or even abroad, and want to invest in a different area? You can't manage the property yourself because of the distance, ...

Monday, January 16, 2023

The Benefits of Tenant Placement Services for Landlords
Are you a new landlord finding it difficult to juggle all the responsibilities of property management?You can't afford to let any details slip through the cracks, especially when it comes to filling your units and properties with the right tenants.It's time to look into the benefits of property management.One of the first roles of...

Saturday, December 31, 2022

6 Common Tenant Screening Mistakes and How to Avoid Them
Rake in those rental dollars! The cost of North Carolina rent has increased by 20% since early 2021.If you're a landlord, you can make your living off of rental fees alone. However, many landlords fail to tap into their potential because they make common tenant screening mistakes. Before you start inviting tenants into your property, ...

Friday, December 16, 2022

How to Choose Property Management Services: What You Need to Know
There are over 300,000 property management service companies in the United States.Property managers are one of the best ways to boost your real estate investments. They take care of the day-to-day management, manage tenants, and even advertise your properties if needed.For the biggest impact on your investment, you want to make sure you&#...

Wednesday, November 30, 2022

A Charlotte Property Owner's Guide to Section 8
According to a study by the national housing network Up For Growth, Charlotte needs over 21,000 units to address the city's shortfall of affordable places to live. Meanwhile, prices in the area are heading upward. Up For Growth's CEO says Charlotte's costs exceed the national average.How could you provide decent housing at rea...

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