Property Management Blog

Congratulations, you just bought an investment property. You may be wondering what you do now. We’re talking about what you need to know if you’re new to rental property investing.  Do Your Due DiligenceYou’ll have 30 or 40 days between your contract and your closing date. You need to take care of all your due dilig...

The importance of technology in property management cannot be overstated. In today’s day and age, technology makes it a lot easier to communicate and to handle day to day functions. Don’t misunderstand: I’m not saying we don’t need to communicate with people on an interpersonal level. We still need to meet each oth...

Often, there is a tension between a landlord or a property manager and a tenant, and that’s usually due to a lack of communication. The tenants often feel like if they communicate that something is wrong or their rent is going to be late, or they are having personal challenges, they’ll be charged additional fees. On the revers...

We are asked by landlords nearly every day how much to charge for rent. They want to know how much money they can get from their rental property, so today we’re talking about how to set that price and how to advertise your home.  How Much Can You Rent a House For? Data and Statistics  In a real estate transaction, when yo...

On our previous blog about tenant screening, we discussed the importance of screening tenants, setting rental criteria so you can protect yourself from discrimination lawsuits, and the federal fair housing guidelines. We talked about everything that the law said we need to be doing. There’s more to screening than just following the ...

A couple came in to talk about property management, and they had a fantastic list of questions. One of the things they wanted to know really stood out, and it forced me to step back and reflect on what we struggle with as professional property managers. They asked: what is the biggest challenge you face day to day when you’re managi...

We have talked about maintenance on your property before, and it’s important to distinguish between deferred maintenance and emergency maintenance. You will be required to treat each type of maintenance situation differently.  Defining Deferred MaintenanceDeferred maintenance is something like a faucet with a slow drip or a sli...

On our list of frequently asked questions is one that is really important. It involves your tenant’s security deposit and what you should do if there’s a landlord deposit dispute over what you might withhold. Here’s the scenario from a landlord who needs help: My ex-tenant said he left the property clean, but I had to pa...

The difference between tenant damage and normal wear and tear in your rental property is not always clear. At Property Solutions of Utah, we believe there are a few things you can do to make the process easier and to keep you protected while you’re making decisions about a tenant’s security deposit. Completing a Move-In Check...

There’s an age-old question among landlords and investors: should you hire a professional property management company, or take care of your rental property yourself? There are a lot of different questions you need to ask yourself, so put together a pro and con table to decide the best course of action for you and your property....