Property management is a complex industry and it can be difficult to understand how property managers make money. It’s important to understand the different sources of income for property managers so you can make an informed decision when selecting a property manager. Property managers can make money through rental fees, management fees, and other services,…
Before we get into the nitty gritty details of what it costs to own a rental property in today’s market, let’s first define “property management”. Simply put, property management is the process of managing all aspects of owning a real estate asset. This includes everything from collecting rents on time and keeping track of repairs,…
Saving up for a dream rental in North Carolina is common formost people that are looking to secure their first lease aftermoving out from their family home or looking for a change as life moves them forward. Equally important, growing and maintaining great credit will either make or break a renter’s ability to secure a…
Successful landlords are always looking for ways to increase their profit margin. Are you maximizing the income potential from your property? Are you charging late fees? We are going to look at this from two important angles: the amount of late fees and the frequency of late fees. Are You Charging Enough Late Fees? State…
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