Property Management Blog

How to Spot a Real Estate Investment Opportunity: A Guide

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Are you tired of seeing your hard-earned money sit idle in a low-interest savings account? One of the best investment options that you can consider is investing in real estate, where it's possible to make your money work much harder for you.Investing in property can provide you with a steady stream of passive income, and it can also g...

A Quick Guide on Rental Property Maintenance

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Real estate is a good long-term investment if you know how to play it smart. One of the first things you learn as a landlord is the importance of maintenance. You may have a beautiful home on the market, but neglecting maintenance can harm your business.Some maintenance requests are as simple as changing lightbulbs. Other issues can be mo...

5 Signs That You Should Hire a Property Management Company

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Most people living in New York live in rental properties. In fact, New York's homeownership rate is 53.6%, much lower than the national average.Landlords benefit from this statistic, meaning they rarely have trouble finding tenants. However, landlords have many other duties other than finding tenants.As a result, many seek help from p...

5 Things You Should Know About a Property Management Report

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The median property price in Saratoga Springs, NY has gone up 48.4% in the last 10 years.This means that if you had invested in a $100,000 property 10 years ago, that property would be worth around $148,400 today. In simple terms, your investment would have outperformed any savings account on the market.While investing in property is a gr...

How to Accurately Price Your Rental Property

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The median rent crossed over $2,000 in the United States in 2022.Inflation causes everything around the world to increase in price. While many people may not realize it, inflation can also impact rental prices. This is because mortgage rates rise, and property investors need to make more to cover their costs.However, have you ever wondere...

Why Investing in Real Estate Is Perfect for Retirement Planning

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Around 60% of Americans are set to rely on social security grants to support themselves during their retirement.With millions of Americans retiring every year, retirement planning has never been more important. Whether you’re retiring soon or still have a few decades to go, it’s never too early to start planning financially fo...

5 Property Accounting Tips for Landlords

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Did you know that the rental property industry is worth around $485 billion?Millions of people rent homes and apartments around the country. This has created an opportunity for investors to diversify into the property market. The best part about investing in rental property is the passive income that you can enjoy every month.However, it&...

What Can a Property Manager Do for Me?

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Right now, the cost of rent's high, and rental stock's low across America.You might not be worried about whether your rental property will remain tenanted. However, managing your property (or properties) is another story altogether.As a landlord in Saratoga Springs, NY, are you struggling with the day-to-day responsibilities of yo...

What Is Included in a Property Management Report?

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Understanding the latest trends in the rental market and how your property is faring is key to being a successful property owner.Do you know how well your rental property is doing? A property management company can help you find out by providing the data you need to ensure the success and growth of your real estate investment.For instance...

What Do Landlords Need to Know About Security Deposits?

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Upstate New York is a great place to rent out your property. Saratoga Springs has the highest renter population in the region, with over 44% of residents renting their homes.While this leaves a large pool of great tenants to choose from, the opposite is also true. As a result, investors need to protect their investments. Here are the thre...

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