Are you getting your rental space ready for a new tenant? You probably already know you need to make sure that it's thoroughly cleaned and that any maintenance issues are fixed prior to move-in. But beyond that, there are some other ways you can... (Read More)
When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
At PMI, we believe it's very important it is to screen your tenants. This is to ensure that you end up with the right people who will care for your property and pay the rent on time.
Establishing a good tenant-landlord relationship goes beyond... (Read More)
Should you or shouldn't you include washers and dryers at your rental property? This is a question many landlords ask themselves.
On one hand, it can be an added value to tenants - another amenity that can be featured on a rental listing. It may... (Read More)
You may have a second home that you use during a certain season or maybe you just use it for your annual vacations. But, what happens when you're not in your second home? Do you let it sit empty, continuing to pay the mortgage on a home that's left... (Read More)
As you know, one of the top responsibilities that landlords have is dealing with property maintenance. Even if your property is in tip-top shape when you buy it, you'll need to do some things to keep your property maintained, and eventually, there... (Read More)
At PMI, we believe there are four things that are extremely important when partnering with a property management company –– effective communication skills, integrity and honesty, accurate accounting, and availability of management. Each of these... (Read More)
Rental income is your revenue. It's what keeps your venture afloat. But how do you choose the right rental rate and what avenue do you use to accept monthly payments? As a landlord, it's important to consider both of these aspects to ensure that... (Read More)
We all know that a residential investment can be very lucrative. However, it can also come with some headaches. How can a landlord safeguard themselves and reduce trouble down the road? There are actually a few things you can do to help lower... (Read More)