As the seasons change, so do the needs of your properties and your tenants. When it comes to extreme heat or frigid cold temperatures, each can come with its challenges, so seasonal maintenance is needed to ensure your properties are in top condition year-round. If you utilize a reliable and professional property management company, they may have you covered, but just in case, it …

On Tuesday, April 18th, 2023, Seattle City Council held a vote to cap late rent fees in the city. The majority of councilmembers voted to cap late fees at just $10 a month, leaving renters happy and some landlords frustrated. This legislation was originally sponsored in March by councilmember Kshawma Sawant, but the cap was later raised to $50, or 1.5% of the tenant’s …

Sedona, Arizona, a popular vacation town, is currently in the midst of a housing crisis. In an attempt to increase available housing for Sedona workers, the local government is offering stipends to vacation landlords in the area. The stipend applies to landlords who currently have vacation or Airbnb style rentals. Homeowners can receive up to $10,000 for a three-bedroom house, or $3,000 for a …

it’s crucial to stay of the curve and embrace strategies that drive success. In this article we’ll delve into the factors that are shaping the evolution of property management companies. We’ll explore how advancements, in property management software have simplified operations and enhanced tenant relations through round the clock help desk support. Additionally we’ll discuss the importance of catering to tenant needs by offering …

If you’re a landlord, estimating the monthly rent for your property is an important part of calculating, and ultimately determining, the value of your financial investment. Your rent estimation will not only directly impact the profit you make each month, but will also affect the rental property‘s ability to attract tenants. Coming up with an accurate rent estimate is no easy task, but it’s …

Screening is the first step in determining whether or not a prospective tenant is a good fit for your rental property. Implementing effective and thorough screening practices can minimize future risks and help ensure the success and profitability of your investment. 1. Set minimum standards and requirements  If the rental application is pre-screening, then consider the rental posting to be pre-pre-screening. When listing your …

Climate change concerns are a hot topic in the rental industry today; green amenities are gaining popularity, and many property owners are considering how they can support sustainability in new projects with modern design and architecture. Despite the rising importance of environmental protection, recent rental trends in the U.S. are actually pointing towards a higher carbon footprint for the average American. In the wake …

In a rapidly changing time, adaptation is key. With the unexpected twists and turns thrown at us since the start of the pandemic, many property owners may be considering a change of use for their property. As the nature of real estate demand changes, it may be a smart investment to change the purpose of your property. For example, an extended-stay hotel can be …

2023 has been the hottest year on record, with countries all over the world reporting unusually high temperatures. It’s been a particularly hot and sweaty summer in Reno, where the city’s highest ever temperature was recorded on July 16th. That’s 108 degrees Fahrenheit, or 42 degrees Celsius for you metric system fans. One thing we can all agree on is this: that’s a little …