Property Management Blog

Did you know that 20% of American households earn passive income through interest or dividends? Among this group of people, they earn a median amount of $4,200 each year.There are various ways to earn passive income and one of the most profitable is through rental property investments.How much rental income can you expect to learn and wha...

Being a landlord in Salt Lake City requires you to have a lot of patience and understanding.As rental prices keep going up, we're seeing more and more tenants that have trouble paying rent on time. According to Bloomberg, more than 8 million renters can't keep up with rising rent prices.For you as a property owner, it ca...

If your Salt Lake City property investment is going to be successful, you need to have good tenants.Around 1 million tenants are evicted every year in America. The eviction process can be a long, costly, and complicated one. Fortunately, it can all be avoided by doing your due diligence with all of your applicants through tenant screening...

Did you know that US consumers' usage of paper checks is declining rapidly, with only 3 checks written a month on average per person and most of them for less than $250? What does this mean for you as a landlord?On one hand, it's good news, because you don't have to fiddle around with paper checks and you don't have to was...

Have you ever heard of an accidental landlord?Life has a funny way of changing our plans for us, determining where we live, who we have relationships with, and what we do for work. And, even if you've never planned on becoming a property manager or rental owner, there's a chance that you'll find yourself there anyway!Sound fam...

You understand the importance of maintenance coordination plans if you're a rental property owner. The two most common tenant complaints deal with simple communication.If communication is an issue, it can hurt the property owner's investment. No one will recommend a place with rental maintenance that left them without air conditio...

Rents are going up across the United States. In 2022, six states experienced average rent prices that were more than 20% higher than the previous year. Real estate investors may see these high rent prices and think they can set their tenants’ rent at whatever price they want, but that’s not always the case. Every rental p...

In 2019, roughly 29.36% of households in Utah were headed by renters.Investing in property can be an excellent way to generate passive income. However, the task of managing rental properties is often overwhelming for landlords.You're left with maintenance and repair costs, accounting, and choosing the right tenant. If all the hea...

Did you know that last year the average cost of buying a property in Utah was $450,000? That price doesn't include closing fees or the cost of year-round maintenance. While property ownership might seem a tad expensive, there are ways to reduce its costs.If you're a landlord or real estate investor you should know about rental pro...

During the pandemic, everyone thought that the real estate market would collapse. Instead, it went on to grow rapidly and create one of the greatest increases in property value in recent history.As someone looking to start growing your income, you know that investing in Salt Lake City real estate is the right way to go. Tha...