Property Management Blog

When you buy investment property, at some point down the road you will question if it’s time to sell or hold on to it. Everyone hears horror stories of investors waiting too long … or selling too soon! It is a delicate balance. So how do we know when to release our investment properties?   No one has a crystal ball to gaze into th...

If you own rental properties in Wilmington close to the beautiful UNC Wilmington campus, it is guaranteed that you will have college students interested in your property. Having a rental property that’s attractive to college students is a good thing. By having a college-accessible rental property, you are guaranteeing a long line of potentia...

Requiring a security deposit is one of the standard components of renting out your investment property. Holding a deposit benefits the owner as it protects you from paying out of pocket for repairs that exceed the standards of normal wear and tear. But do you know what you should be doing as a property owner with that security deposit? The securit...

Congratulations! You’ve made the decision to hire a rental property management company for your rentals.  As we’ve discussed before, the decision to take this step was surely influenced by many factors and we know that you made the right one. But once you have made this decision, there is one more important choice waiting for you:...

With the end of the year approaching, many of us are being distracted by visions of sugar plums and thoughts of the holidays. For investors, business owners and contractors, however, it’s a time of year when a concern about tax liabilities has the potential to cast a shadow over any holiday gathering. Even for an employee anticipating a refu...

As I mentioned in a previous article, owning rental property can be an effective strategy for building wealth. Navigating federal and state fair housing laws can be extremely complex; it’s critical to have the assistance of a qualified property manager or a comprehensive knowledge of the subject. The topic of how to avoid a fair housing...

Raising the rent on a rental property may seem like an easy way to increase profits, but reducing vacancies is a more effective strategy. While it is important to ensure that rents keep pace with inflation, taking some steps to reduce vacancy rates will have a far greater impact on the bottom line. Consider that vacancies reduce a rental property&...

Compared with every other investment product out there, real estate has no equal. This point is compounded after considering that interest rates are still hovering at all-time lows, and purchasing real estate allows the investor to use the power of leveraging borrowed funds. Leveraging is one of the chief advantages to investing in real estate. By...

Buying a condominium or a townhome can be a great way to start investing in real estate. The cost is relatively low compared to purchasing a single family home, and many of the neighborhoods where condos and townhomes are located have a variety of amenities, from pools and spas to fitness centers and tennis courts. Amenities will often enhance a p...

Investing in real estate may sound like a great idea (see my article  on the topic), but the amount of detail and the number of steps involved can be intimidating, even for the most experienced investor. This is why I’ve decided to share some insights and strategies that I have learned about over the years to help others succeed and...