Owner RESOURCES

Lease agreements are invaluable legal contracts that allow both the tenant and the property owner to abide by the rules of the tenancy. It’s a form of assurance that the tenant will pay rent until the expiry of the lease and... read more +

Hiring a property manager or company is a big investment. Property management is complicated and fast-paced. It takes talent, dedication, and a unique skill set to succeed in the industry. Because of this, you’ll want t... read more +

Getting new clients isn’t very easy and each month your property stays vacant is a month you’ve lost income. Did you know improving your tenant retention rates by approximately 5% increases your profits by be... read more +

A positive landlord-tenant relationship can reduce many of the problems associated with property management. Tenants who maintain positive relations with their landlord throughout their tenancy are more likely to renew contracts ... read more +

As real estate investors ourselves, learning how to save money on a rental property is crucial to the game. But, sometimes it’s not all about saving money. It’s protecting yourself from any accidents that might happen... read more +

As any good real estate book will tell you, the formula for real estate investing success is some variation of the following: Maximize revenue + Minimize expenses = Maximum Profit. For example, a rent increase would obviously be ... read more +

Owning, maintaining, and managing an apartment can be an overwhelming task, especially when it isn’t your full-time job. In addition to property upkeep, collecting rent, and finding the right tenants, there’s an addit... read more +

Almost every rental property requires a security deposit of some kind. A security deposit is a one-time fee that is due at lease signing and acts as a “damage deposit” for a new renter. Typically, the renter will get ... read more +

Before handing over your property to be managed by a third-party, you probably have one question on your mind, “How much does property management cost?” This is a completely reasonable question and can make or br... read more +

Before handing over your property to be managed by a third-party, you probably have one question on your mind, “How much does property management cost?” This is a completely reasonable question and can make or br... read more +

Do you know how much the eviction process in Utah can cost? On average, the cost of eviction can be upwards of $3,500 and takes anywhere from three to four weeks to complete. Basically, an eviction does not co... read more +

If you’ve ever owned a rental property, you know that the quality of your tenants can make or break the experience. Ideally, every tenant would pay rent on time, keep the home clean, and never break anything. Unfortunately,... read more +

Screening tenants for a rental property is a crucial responsibility for any rental property manager. So, when interviewing property management fir... read more +

Managing your own Utah rental property can be tricky. From maintenance to tenant turnover, there are many factors to consider when managing your own property. One of the first and most important parts of successfully renting your... read more +

When a tenant moves out, does it cost you anything? The answer is yes. If you have a revolving door of tenants, this could be costing you much more than you think. You may not think about these costs often, but if you have a high... read more +

Succeeding in the property management industry in Utah can be difficult due to the many competitors. In order to stand out from the competition, we here at Wolfnest have to make sure both landlords and renters can find our busine... read more +

Once thought to be a tool to price-gouge future residents, rental application fees have actually proven their worth. In 2006, Utah’s Rent Control Prohibition Act was amended to add a list of fe... read more +

“You have to spend money to make money.” This is an old, common phrase you have probably heard several times. While this can apply to a variety of different businesses and ventures, it is especially true when you begi... read more +

While some property and homeowners may believe that all residential property management companies are created equal, this is not the case. Any owner that has had a bad experience with property management can attest to t... read more +

Finding a good property manager is a difficult task, but it may be one of the most important decisions that you will make after purchasing your rental property. Renting a property can be a significant investment, so you ... read more +

First time investor | What you need to know about real estate investmentReal estate property management is a huge responsibility to take on, and can be overwhelming if you’re new to investing. When you invest into real... read more +

Tips for New Rental Property Owners – Part 2 As we mentioned in part one of this article, being a new landlord for your rental property can be intimidating. There are several things that you need to learn. Below are sev... read more +

Tips for New Rental Property Owners – Part 1 Becoming a landlord for the first time can be a very stressful situation. Finding a qualified tenant is probably the first thing on your mind, but it is also very important t... read more +

Tips for Marketing Your Vacancies on the Web Remember when finding a new tenant meant throwing up a sign in the yard and placing an ad in the weekend paper? Times were simpler then. With sites like KSL and Craigslist attracti... read more +

While many owners struggle to find qualified tenants for their property, a distinct few may be fortunate enough to have multiple applicants willing to rent their unit. While almost all owners would agree, having multiple qualified... read more +

It seems like everyone in Utah is investing in multi-family homes right now — the authorities issued 465,000 building permits for these homes in 2018 alone — and with good reason. Sure, the stock market provi... read more +

Rental Advertising Tips for your Utah Rental Nothing puts a landlord on edge quite like a vacant unit. With no one to pay rent and expenses piling up, most want nothing more than a phone call from a qualified prospect to put ... read more +

So you have decided that you are going to rent out your home, the next logical question you will probably ask is: How do I find a qualified tenant? There will always be quality people that are looking for a Utah rental property, b... read more +

Why Investment Property Owners in Utah should consider refinancing through HARP?As most lenders continue to tighten mortgage requirements for investment properties, it has made it impossible for many owners to take advantage of hi... read more +

Being a landlord can be very stressful and it requires a lot of time and energy from an owner. Many owners ask: “when is the right time to hire a property management company to manage my investment?” The answer to this... read more +

Have you ever conducted an inspection of your Utah rental property after the tenant has moved out and you find that the property has been trashed? There is thousands of dollars worth of damage and the security deposit will not cov... read more +

Have you ever heard the saying “you get what you pay for”? Unfortunately this could not be more accurate when deciding which Utah property manager you will hire. Many companies will offer to manage your property for a ... read more +

Almost all owners have heard the horror stories of allowing tenants to have pets in their rental property – from kitty litter clogging the pipes to a dog soiling and ruining the carpet. While many owners would claim that all... read more +

One of the first questions you may ask yourself once you have purchased an investment property is “Should I hire a property manager or manage the property myself?”.While many owners may feel that the monthly managemen... read more +

If you have hired a property management company to handle all issues relating to your investment property, you always hope that you have employed the best company for the job. This company should handle the leasing, maintenance, ... read more +

Do I have time to be a good Utah landlord?Being a good landlord is at least a part time job, and in some cases, full time employment with unpaid overtime. A good exercise is to grab a sheet of paper and write down all your current... read more +