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Property Management Blog

Blog Post Market Updates for June 2022

Market Updates for June 2022

By Daniel Robertson Friday, June 10, 2022
Last month, we said it’s finally starting to feel like summer, and if we weren’t 100% certain, facing a week straight of 90+ degree weather now has us convinced. In this month’s update, we will discuss the the state of the U.S. economy, highlight the impact of r...
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Blog Post

The Makings of a Great Investment Property

By Daniel Robertson Tuesday, June 7, 2022
Did you know that the average rental price for homes increased by more than 7% from 2021 to 2022? That means people who own rental property are making about 7% more this year than they were last year. Real estate is a booming business, but it’s not as easy as buying a house...
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Blog Post

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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3 Reasons Why Security Deposits Are Important

By Daniel Robertson Tuesday, May 24, 2022
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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Blog Post

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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Blog Post Market Updates for May 2022

Market Updates for May 2022

By Daniel Robertson Friday, May 13, 2022
Happy Friday the 13th! With temperatures slowly creeping upward and a wave of new leases being signed, it’s finally starting to feel like summer. In this month’s update, we highlight a near record high in the percentage of rent collected, outline a few fair housing do...
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How to Handle Lease Renewals for Existing Tenants

By Daniel Robertson Tuesday, May 10, 2022
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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Blog Post

Common Rental Property Inspection Mistakes and How to Avoid Them

By Daniel Robertson Tuesday, April 19, 2022
The hardest part about managing a property isn't the maintenance. A leaky faucet? Broken window? Those are easy fixes.No, you want to know what the hardest part of property management is?It's the tenants.Your property is a rock: steady, reliable, consistent. Tenants, thou...
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