You may have a second home that you use during a certain season or maybe you just use it for your annual vacations. But, what happens when you're not in your second home? Do you let it sit empty, continuing to pay the mortgage on a home that's left... (Read More)
It’s an awkward position to be in. If just a few homeowners aren’t paying their HOA fees, it can really start to affect your financials. But what you do can be just as important as what you don't do in response to such situations. In fact, a lot... (Read More)
Being a commercial landlord goes way beyond owning an investment property and renting it out to tenants. There are things that can make you an excellent landlord and aid in your success.
Here are six things great landlords excel at:
1. A... (Read More)
Your to-do list can get pretty long as a landlord. It's no surprise then that it's easy to fall behind when it comes to routine tasks like responding to tenant calls or handling maintenance. As a landlord, you may find yourself feeling overwhelmed... (Read More)
As a landlord, you have a lot of responsibility. You need to be aware of housing laws, and how those laws affect your rental property; you need to keep up with maintenance demands; and you need to manage all of your financials.
If you're... (Read More)
There's a popular quote that says "don't give up what you want most, for what you want now." This is important to remember when making any decision. Many of us are quick to act. We live in a society that expects things now. Of course, there are... (Read More)
House fires happen and can be devastating to families and communities. They can happen anywhere at any time. While unpleasant to consider, it’s prudent that your HOA board has a plan in place to ensure community-wide fire safety. What measures can... (Read More)
There are many traits that a successful property manager needs. One of them is being organized. Organization can help ensure your finances are handled correctly, maintenance issues are dealt with, and you manage your time adequately. There are so... (Read More)
At PMI, we believe there are four things that are extremely important when partnering with a property management company –– effective communication skills, integrity and honesty, accurate accounting, and availability of management. Each of these... (Read More)