Property Management Blog

Property Management Company: 3 Things To Know About Application Fees

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Did you know that it is typical to have an application fee for an apartment?While they vary from state to state and from apartment complex to apartment complex, there will almost always be an application fee. That means as a landlord or property management company, it's important to know what type of fee to charge.This way, you aren&#...

How Do You Calculate Prorated Rent?

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Another way to describe prorated rent is rent based on a division of the monthly rate. Sometimes it's useful or necessary to charge your tenant this way.  However, many property managers don't know how to calculate this type of rent. Thus, when the situation calls for it, they'll struggle to get it right. They may ev...

3 Tips for Hiring a Property Management Company in Saratoga Springs

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Individual investors own over 71 percent of all rental properties in the United States. When trying to build wealth and create a passive source of income, there is no denying the benefits of investing in real estate. If you are one of the millions of rental property owners with a full-time job, working with a property management comp...

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...

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