Property Management Blog

What’s Next After Buying Your First Rental Property?

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In 2021, investors purchased about one-quarter of all rental investment properties in the United States. Rental investment properties can offer you a great side hustle or a full-time income. Knowing the right investment strategies helps you grow your portfolio and revenue. Suppose you buy your first rental property in Saratoga S...

What Are Typical Application Fees?

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There are over 20 million rental properties in the United States, with millions more Americans looking to rent a space of their own. When renting a property, your retail application fee is a crucial first step during this process.But what are rental application fees? What should you expect to pay or charge during the rental application pr...

How Do You Calculate Prorated Rent?

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Landlords in New York make over $70K each year, which is above the national average. With such a positive outlook, it's no surprise that more people are interested in buying an investment property. But, managing rentals isn't always a simple process- there's a bit of math involved from the beginning.For example, you charge you...

Why You Should Hire a Property Manager in Saratoga Springs, NY

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Stocks, crypto, and precious metals. You hear about them all the time, but are they really worth it? Year after year, millionaires still say real estate is the best investment around.Well, if you're thinking of investing in real estate but you don't want to put in all of the work, you're in luck. Let's talk about why you s...

How To Find the Best Homes for Rent in Saratoga Springs, NY

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There are more than 20 million rental properties in the U.S. Finding the ideal home for rent is challenging and stressful. For a high-quality property in a desirable area, there may be fierce competition.Real estate brokers claim that having a strategy is the key. Frequently, tenants put off looking for a new home unti...

3 Reasons To Hire a Property Management Company

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It's no secret that the rental market in the US is hot. With over 44 million renters in the country, investing in rental property is a great way to generate income for the future. The only caveat is that there are a ton of responsibilities that come alongside owning rental property.One of the best ways to ease the stress of those resp...

Property Managers: How To Find the Right One in Saratoga Springs, NY

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Did you know that there are approximately 80,000 property managers in the United States?Your rental property is a source of income. That's why you should take the necessary precautions to ensure that you're selecting the finest management to look after it. Improper hiring may result in more vacant spaces and even lost rent.Yo...

3 Benefits of Using a Property Management Company in Saratoga Springs

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New York is one of the most popular states in the country for renters. As of 2021, approximately 46.5% of available housing in the state of New York was occupied by renters. If you're an investor, it makes sense that you'd want to purchase investment properties in a state that's full of renters.Owning a rental property and ope...

Evictions: How To Evict a Tenant

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More than 6 million renters are behind on rent and may be evicted!Evicting tenants is probably not something you look forward to doing as a landlord. However, there are times when evicting a tenant becomes necessary for several reasons.If you are in a situation where you have to evict a tenant, you may be feeling anxious and frustrated. E...

4 Tenant Screening Mistakes That You Should Never Make

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As a landlord, you want to make sure that you find the best tenants for your property. But when it comes to tenant screening, there are a lot of things that could go wrong.This, in turn, would mean that things could continue to go wrong when your tenants move in. In fact, about 3 million tenants get evicted each year.If you want to a...

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