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)
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)
If you're a landlord, then you know how busy things can get. It takes time to find new tenants, market properties, meet urgent needs, and the list goes on.
Landlords with multiple properties can quickly become inundated with work. However, it's... (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)
As a residential landlord, it's important to regularly invest in renovations. The right renovations can entice tenants to rent and increase the value of the rental. However, if too much money is spent during renovations, you may end up losing money... (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)
There are a lot of perks of owning real estate. It's a great investment. Plus, it provides passive income. Your time is valuable and a passive income allows you to make money without investing hours upon hours. You can literally be making money in... (Read More)
One of the nice things about renting a property is that the majority of maintenance issues can be handled by someone else. You typically won't need to hire a vendor to come in and handle issues that pop up.
This can be a tremendous relief for... (Read More)
You're a busy person and your time is valuable. You may even have another job on top of being a landlord, which can make your time even more scarce. That's why it's important to make sure you're saving yourself as much time as possible. In this... (Read More)
When you're a landlord, complications are sure to arise from time-to-time. That's why it's important to do everything you can to try and negate some of these issues.
Thankfully, there are several things you can do to save time, minimize... (Read More)