Property Management Blog

Thursday, February 23, 2023

What is Section 8?
Section 8, also known as the Housing Choice Voucher Program, is a federal government program in the United States that provides rental assistance to low-income families, the elderly, and individuals with disabilities. The program is administered by the U.S. Department of Housing and Urban Development (HUD).Under the Section 8 program, eli...

Friday, February 17, 2023

What Tenants Look For In Rental Properties?
Tenants typically look for several key factors in rental properties, including:Location: proximity to work, public transportation, and amenities such as grocery stores and restaurants.Safety and security: tenants want to feel safe in their neighborhood and in the property itself.Amenities: many tenants look for properties that have amenit...

Tuesday, August 11, 2020

Analyzing the reason behind the credit score
Did you know that not all credit scores are created equal? I like to tell the story of my all-time favorite tenant.  My favorite tenant had a credit score when I put him into a house I own of less than 600.  While frequently anything below 650 is a definite no for most landlords renting houses, I like to analyze the reason ...

Tuesday, February 18, 2020

“PPPLLL” – the Six things tenants are looking for in a rental.
As I started investing, I came to realize what to look for in a property to maximize its rental potential.  One of our property managers came up with the acronym “PPPLLL” and I really like it.  This stands for the following:P – Price.  If your rental price is too high, you will not get any i...

Friday, August 2, 2019

The Two Types of Tenants
It is extremely hard to be successful in anything you do not put your full attention to, especially real estate.  If you are not on top of tenants for rent, other priorities and bills get in the way for them and they are late on rent or cannot pay.  You can be nice and lose significant income, teaching the tenants that rent real...