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)
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)
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)
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)
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)
Have you been mulling over the idea of allowing tenants to pay their rent online? If so, take the time to read this blog. In it, we discuss several benefits of online rental payments.
1. It helps you stay competitive
In this day and age, many... (Read More)
One of the biggest benefits of hiring a property management company is that you can lean on them to handle day-to-day rental operations. This allows you, the property owner, to focus efforts on boosting profits, instead of handling the minutiae or... (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 a landlord, you have a lot of responsibility. You need to be aware of housing laws, and how those laws affect your rental property; you need to keep up with maintenance demands; and you need to manage all of your financials.
If you're... (Read More)