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Property Management Blog

Blog Post

How Landlords Can Optimize Tenant Placement

By Daniel Robertson Monday, April 24, 2023
Were you aware that around 36% of Americans choose to rent instead of buy property?If you're interested in creating a robust investment portfolio, then you should consider buying a rental property. The best way that you can maximize your income is to secure high-quality tenan...
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Blog Post

What to Do if Your Tenant Does Not Vacate On Their Lease End Date

By Daniel Robertson Thursday, April 20, 2023
As a landlord, it can be frustrating when a tenant fails to vacate a rental property when their lease term ends. In Utah, landlords have specific legal procedures they must follow to regain possession of the property. Here are the typical steps that a landlord might have to take ...
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Blog Post

3 Tips for Effective Rental Property Management

By Daniel Robertson Monday, April 17, 2023
Recent statistics reveal that 34% of the people of Utah are renting. Furthermore, statistics show that the price of rent is rising. In 2021, the figures showed a 10% to 15% spike in the rent price in Utah.The leading cause for the sudden rise in rent is that demand for rental pro...
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Blog Post

How to Perform an Accurate Rental Valuation

By Daniel Robertson Monday, April 10, 2023
Forty-two percent of homes in the Salt Lake City area experienced price cuts in 2022. Now is an excellent time to consider buying property in the city.However, there's still a possibility that any property you buy will have a low ROI. To avoid this, you need to perform a thor...
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Blog Post

How to Process a Deposit Disposition in Utah

By Daniel Robertson Tuesday, April 4, 2023
Processing a deposit disposition for a rental property can be a complicated and stressful process for both landlords and tenants. In Utah, there are specific laws and regulations that govern how landlords must handle security deposits, including how to process a deposit dispositi...
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Blog Post

Annual Maintenance for Rental Properties: A Guide

By Daniel Robertson Monday, March 27, 2023
The annual maintenance of a rental property can often cost up to 1% of the property itself, if not more. This can eat into your profits, so you should be aware of everything you need to stay up-to-date on for that rental. So, what do you need to check on a yearly basis and why?Th...
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Blog Post

What to Do if your Tenant Files for Bankruptcy

By Daniel Robertson Wednesday, March 22, 2023
As a landlord in Utah, one of the worst things that can happen is for a tenant to file for bankruptcy. This can leave you in a difficult position, as you may be unsure of how to proceed with collecting rent, evicting the tenant, or even whether you have the right to terminate the...
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Blog Post

How Property Managers Can Help You With Your Accounting

By Daniel Robertson Monday, March 20, 2023
With 44 million households renting accommodation across the US, billions of dollars change hands in the property management market every year. This means property managers need to be at the top of their game in accounting for all this rental income.Fortunately, they have the tool...
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Blog Post

Short vs Long-Term Lease Agreements: Which Is Better?

By Daniel Robertson Monday, March 13, 2023
With the short-term rental market raking in almost $100 billion in 2021, there is a temptation to set all your leases as short-term. Though, long-term lease agreements have their benefits, which could appeal to some people. So, what is the difference between the two, and why woul...
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Blog Post

Why Real Estate Is the Best Investment for Retirement Planning

By Daniel Robertson Monday, March 6, 2023
If you're like most Americans, you're concerned about your future - especially retirement.That's because 57% of currently retired U.S. adults rely on Social Security as their primary source of income.When it comes to retirement planning, adding another pillar to your ...
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