What’s the Average Security Deposit Amount in Utah
By Daniel Robertson Wednesday, July 27, 2022
In 2021 statistics showed that over 300,000 rental households in Utah. With house prices on the rise, it's no surprise more people are looking to rent each year. If you're an owner or real estate investor, you'll need to know how much money to charge to a te...
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The eviction process can be a scary thing for a tenant to have to face, especially if they do not know where else they can live. However, having a tenant that cannot pay rent can financially cripple and potentially ruin you the landlord. Typically, there are about 865,000 ev...
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Does a Property Management Company Take Care of All Property Maintenance?
By Daniel Robertson Tuesday, June 21, 2022
Are you a landlord or landlady in Salt Lake City, Utah? Have you considered hiring a property management company? Their services help shoulder the responsibility of your investment property. But not all of them are equal. If you want one with all the bells and whistles, like...
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How Much Property Should I Have to Talk With a Property Management Company?
By Daniel Robertson Tuesday, June 14, 2022
More than 43 million households in the United States are renting today. If you're a person interested in beefing up your real estate portfolio, it's not something that you have to do alone. Property managers make life easier for investors like you and have an en...
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Benefits of Having a Third Party Handle Your Tenant Screening
By Daniel Robertson Thursday, June 2, 2022
No one wants to evict a tenant from their property. It can be upsetting and it can also be very expensive. Tenant screening is the best way to avoid these situations.But landlords are busy people, whether they do it full time or as a side income. It can be time-consuming to ...
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Security deposits are not a legal requirement when it comes to rental properties. However, they do serve as a form of security recourse for a property management company or a landlord in the event that rent is unpaid or damage is done to the property.Security deposit amounts vary...
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Property Marketing: 4 Easy Ways to Market Your Rental Property
By Daniel Robertson Tuesday, May 17, 2022
74.4% of rental properties are owned by individual investors, and not by companies or property rental agencies. When it comes to being a property owner who operates in the rental space though there's nothing quite as important as your property marketing. A...
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Did you know that Salt Lake City is facing the tightest rental market in its history? With a vacancy rate that’s below 2%, the average rent for a two-bedroom apartment is about $1,700.If you are a landlord in Utah’s capital, it’s a great time to reevaluate your ...
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3 Property Maintenance Tips for New Landlords in Salt Lake City
By Daniel Robertson Tuesday, May 3, 2022
Did you know that about 5.6% of rental properties are unoccupied? Being a landlord requires wearing multiple hats, and no two days look the same. There is so much involved in successful property maintenance, from maintenance issues to rent payments. Here are three property m...
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The Complete Guide to Improving Tenant Retention for Landlords
By Daniel Robertson Tuesday, April 26, 2022
A responsible tenant is worth their weight in gold to experienced landlords. When you find those tenants, keeping them in your unit should be your number one priority. Seasoned professionals know a 5% increase in retention rate can boost profits from 25 to 95%.But what can you do...
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