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Property Management Blog

Wednesday, July 10, 2019

What Am I Able to Charge Tenants for Upon Move Out?
Many owners struggle to determine what types of things they can charge tenants for when they move out of the property. Technically, you should never be looking for a reason to charge your tenant’s security deposit.The best way to determine which expenses you can charge your tenants for and which expenses you’ll need to cover ...

Monday, June 10, 2019

How to Know if Your Rental Property is Ready to Market
When you want to rent your property quickly to a qualified tenant and for the most possible rent, you have to make sure it’s ready for the market. Not all property owners know what this means. A market-ready home is clean, functioning, and in a condition that’s appropriate for immediate move-in. It’s important to pay a...

Friday, May 10, 2019

What Types of Insurance Do Landlords Need For A Rental Property?
One of the best ways to protect yourself and your rental property is with adequate insurance.Many of the landlords we talk to are confused about what they’re required to have, and we always recommend that you invest in more than the basic requirements. This is one of your most valuable assets, and you want to make sure you’re...

Friday, March 8, 2019

Who Holds the Security Deposit When a Home is Under Management?
As a professional property management company serving the Sarasota/Bradenton and Portland areas, we are responsible for collecting and holding a tenant’s security deposit on behalf of the owners we work with. This is for your protection and the tenant’s.Holding a Tenant’s Security DepositThe security deposit is...

Wednesday, January 9, 2019

Normal Wear and Tear versus Tenant Damages to Your Rental Property
Normal wear and tear is a tough one for owners, and as a professional property management company serving the Sarasota/Bradenton and Portland areas, we can help you understand the difference between wear and tear and property damage.After a tenant has rented your property for 12 months and moved out, you may notice marks on the wall. That...

Monday, December 10, 2018

When is the Best Time to Reduce Rent to Increase Rental Occupancy?
As a professional property management company serving the Sarasota/Bradenton and Portland areas, we know that the right rental price will make a difference in how quickly you can rent your property to good tenants.Following the Data and Gathering LeadsYou have to keep track of data if you want to make a smart decision on where ...

Friday, November 9, 2018

How to Reduce Tenant Turnover and Save Money in the Long Run!
As a professional property management company serving the Sarasota/Bradenton and Portland areas, we understand that tenant turnover costs can be expensive. I have been working on reducing turnover costs for years – ever since buying my own first rental property.Make the Property AppealingBe careful about renovating your pr...

Tuesday, October 9, 2018

What to Include in Your Rental Property Lease Agreement
As a professional property management company serving the Sarasota/Bradenton and Portland/Oregon areas, we are in a great position to offer tips and advice on what to include in your lease agreement. If you’re going to create a lease on your own, make sure you can access a multi-family lease or a landlord lease that is legally compl...

Tuesday, September 4, 2018

What Happens if a Tenant Destroys My Property?
At PropM, our job as a professional property management company serving the Sarasota/Bradenton and Portland, Oregon areas is to protect your property. Our potential clients often want to know what happens if a tenant destroys the property. That’s a great question, and a good property management company should not have this situ...

Tuesday, August 21, 2018

Are You Financially Ready to Invest in a Rental Property?
At PropM, we are a professional property management company serving the Sarasota/Bradenton and Portland,Oregon areas. We talk to people all the time who are thinking about investing in a rental property, and they’re not sure whether they are financially ready. We don’t give advice about whether you can afford a particular prop...

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