Renters insurance isn't a requirement. But it is something that should be strongly considered. It offers many perks for both landlords and tenants.
One of the top benefits renters insurance provides is the relief in knowing that there is coverage... (Read More)
One way to improve occupancy rates is to allow your tenants to have roommates. However, if you go this route, you'll want to proceed with caution. The thing is, renting to roommates can come with a little more risk, which is why you want to take... (Read More)
There are many flooring types that you can consider for your rental property. You've probably seen a variety of rentals that offer wall-to-wall carpeting. On one hand, carpeting can be more affordable than hardwood. Plus, carpeting is cozy and has a... (Read More)
Homeownership isn't for everyone. In fact, some people prefer renting over owning.
If you're trying to decide if renting is right for you, consider the following:
1. You're planning to move in the next few years.
If you desire flexibility... (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)
Some HOAs choose to self-manage to try and save money. Unfortunately, there are a lot of risks to self-managing an HOA. Risks that can end up being costly.
HOAs that self-manage rely on volunteers to keep the organization afloat. Since they're... (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)
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)
One bad apple can really put a damper on things. Yes, it's true — failing to properly screen your rental applicants can really cost you in more ways than one.
So how do you avoid falling prey to such a disaster? Look no further than this list... (Read More)
When a tenant is looking around for an apartment, they will try to find a property that fits their needs. One of the ways they do this is by trying to picture themselves in the property and what it might look like furnished. If you're renting an... (Read More)