Hiring a property management company to manage your rental property is a wise financial decision— if you understand the fees involved and hire the right firm. A property manager will ensure the day-to-day aspects of your investment run smoothly and will take the management burden off your plate. As with anything new, if you’re considering hiring a property manager, you probably want to know what to expect. Here’s a guide to the types of fees charged by property management companies. Continue reading
Winter is around the corner and it’s time to get your property ready for winter.
Spending a few dollars now could save you thousands later. And it’s equally important to educate your tenant. Their regular upkeep of the property reduces issues down the line, improves their experience, and reduces the number of their calls to you. Continue reading
Are you thinking about purchasing a new home? Whether you are expanding, downsizing, or considering a move for a myriad of other reasons, you may be wondering what you should do with your current home if you decide to purchase another one. There are many things to consider when faced with this dilemma. Additionally, as with most big life decisions, there are no easy answers. You should weigh your options carefully. Here we will outline some things you may want to consider as you attempt to examine and consider your potential choices. Continue reading
Thinking of becoming a rental property owner? Then you need to consider the pros and cons of rental property ownership. Don’t undermine a potential income-producing opportunity by failing to consider both. It’s best to know all the facts before jumping in. Continue reading
According to Truth Initiative, one in five Oklahoma adults is a smoker . With stats like these, as a rental property owner, you may feel compelled to allow your tenants to smoke to increase your prospect pool. But you should know the facts before making a decision.