As a landlord, you already have plenty to manage. With the introduction of new laws for 2025, it’s more important than ever to understand how these changes impact your investment property. The good news? Many of these changes are already accounted for in our property management process, ensuring compliance without disruption to you. Below is […]
On-time rent payments do more than just maintain cash flow–they sustain the health of your investment property. It’s necessary to establish a reliable system that benefits both you and your tenants. In this article, we will explore effective strategies that you can implement to significantly improve your rent collection process. Whether you’re facing challenges with […]
Understanding Grace Periods: A grace period in property management is a set amount of time after the rent is due during which tenants can pay their rent without facing any late fees or penalties. Typically, grace periods range from the 2nd to the 5th day of the month, depending on terms established in the lease […]
Tax time is a regular part of owning rental properties, and staying organized is key. It’s important to keep track of what money you spend on your property because the IRS lets landlords lower their taxable income with these expenses. Keeping good records and knowing what expenses count is key. For the latest details, IRS […]
It’s time to reconsider whether you allow co-signers on your lease agreement. We break down the top three reasons why you should only allow co-tenants sharing equal responsibility on your lease and say ‘no’ to co-signers. Co-Signers: Provide Financial Support Co-signers, also known as lease guarantors, are individuals who pledge to take financial responsibility for […]
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