6,000Units Under Management
Less Than 1% Eviction Rate
Avg. Time Rental Is on Market 23 Days

Tag Archives: common rental property expenses

The True Cost of Renting: Beyond the Monthly Rent

When most people look at renting an apartment or single-family home, they may only consider the monthly rental rate within their budget. However, there’s much more to think about. For instance, who covers the utilities? How much is the security deposit and application fees? And do you need renter’s insurance? These are all crucial aspects […]

How to Save Money on Utilities in Your Rental Property

save-money-on-utilities

One of the significant expenses of any household is utilities. After all, everyone needs water, heat, and electricity to live a comfortable life at home. However, adding up all the utility costs of a rental home can become quite overwhelming. As such, landlords and tenants should learn how to use less of these resources and […]

DIY Rental Property Repairs Every Landlord Needs to Know

DIY Rental Property Repairs Every Landlord Needs to Know

Maintenance and repairs are some of the biggest expenses for rental property owners. However, learning how to complete simple DIY repairs and knowing when to call experts is important to managing costs. For example, unclogging a toilet could be an easy DIY fix, but hiring a professional plumber can run anywhere from $150 to $700! […]

How to Calculate the Rent Value of Investment Properties

calculate rent value

One of the most common questions for landlords is, “how much should I charge for rent?” While this is a good question, there are several considerations property owners must first address to arrive at a rental fee. For instance, what are the neighbors like, and what does the property offer? Luckily, multiple tools, resources, and […]

Hidden Rental Property Costs that Can Eat Away at Your Profits

hidden-rental-property-costs

When you own a rental property business, there are several expenses you must account for. Some of the most common rental property costs include insurance, taxes, and maintenance. However, sometimes landlords encounter unexpected rental property costs that negatively affect profits. So how can you avoid running into hidden rental property costs? Here’s what you need […]

How to Estimate and Budget for Rental Property Expenses

How to Estimate and Budget for Rental Property Expenses

Part of being a successful landlord is preparing for all necessary and unexpected rental property expenses. However, for new landlords or investors, this is easier said than done. When it comes to determining income and profits, there are plenty of helpful online ROI calculators. That said, estimating expenses involves many variables that landlords can easily […]