I frequently hear frustrated landlords complain that “I’ll never see that money, so why even bother trying to go after a tenant who owes me?” Sometimes that is true, but not always. It is almost always worthwhile to make an attempt to collect what is owed to you. By following the simple steps and procedures outlined below you can begin to reduce the amount of money that tenants owe you and ensure that your business becomes even more profitable. The best way to get nothing is to do nothing The only way to guarantee that you won’t get anything is to do nothing. Far too..
Friday Fail – Excuse of the Week
I don’t have the money for the rent, because I spent it all on Christmas presents for the kids. You don’t expect me to tell my kids they don’t get Christmas presents, do you?
Why do inspections?
Why should you conduct rental inspections? No matter how thoroughly you screen tenants, routine inspections are a must for a professional property management company. Inspections are done to protect the property and the rental owners investment, not necessarily because you don’t trust the tenant. Regular inspections benefit both the tenant and the owner/management. These inspections can help to identify any maintenance or issues that need fixing prior to becoming major expenses and/or damages. You can also follow up on your residents to make sure they are complying with the lease agreement and conducting their maintenance responsibilities. And of course, if any damage is being done..
Should you Rent or Buy?
Should I rent or should I buy? How do you know when you are ready to buy? Should you keep renting and save more? What is the benefit of home ownership? These are all questions that we ask at sometime in our lives? Here are some common questions you should be asking if you want to know whether it is right for you to buy or rent. Is your rent on the rise? The majority of rents in Utah are not “rent controlled” which means that they can rise as much or as little as the market bares. Sometimes they increase slightly, but other..
Top 10 Staging Tips for Selling Your Home Fast
It goes without saying that if you put your home up for sale that you want it to sell as quickly as possible for the highest price. Staging can help you get top dollar and sell your home faster. 1- Sparkeling Clean No one wants to move into a home, so they can clean up the previous owners mess. Sometimes hiring a professional cleaner to come in and make everything shine is worth the expense in the long run. 2- De-clutter Nothing can be as distracting as someone else’s clutter… What exactly does it tell a potential buyer? Is there enough storage space? Are..
Moving to Utah?
Are you considering moving to Utah? Utah is a wonderful place to work and live, and it is only getting better! In January, the Utah Economic Council turned in their annual report stating that Utah would continue to see growth (HERE). CNN stated that Utah County’s job market is on fire (HERE). And Forbes stated that Salt Lake City was one of the top 5 places in the United States for the highest number of Job opportunities, and one of the lowest unemployment rates (HERE) For those of you who are interested in purchasing a home, investing, or up/down sizing. We can help! If..
