When you have multi-family units to manage, you can quickly become inundated with work. There are several things you need to navigate and expenses to be aware of. Here are a few things to consider:
Set ground rules
One of the first things you... (Read More)
At PMI, we believe it's very important it is to screen your tenants. This is to ensure that you end up with the right people who will care for your property and pay the rent on time.
Establishing a good tenant-landlord relationship goes beyond... (Read More)
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)
Homeownership isn't for everyone. In fact, some people prefer renting over owning.
If you're trying to decide if renting is right for you, consider the following:
1. You're planning to move in the next few years.
If you desire flexibility... (Read More)
Should you or shouldn't you include washers and dryers at your rental property? This is a question many landlords ask themselves.
On one hand, it can be an added value to tenants - another amenity that can be featured on a rental listing. It may... (Read More)
As you know, one of the top responsibilities that landlords have is dealing with property maintenance. Even if your property is in tip-top shape when you buy it, you'll need to do some things to keep your property maintained, and eventually, there... (Read More)
We understand that as a residential landlord, you need to have quality tenants in your property to be able to make an income. Every time you're without a tenant or you have a tenant who refuses to pay rent it can hurt your investment.
Being a... (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)
As a landlord, you know that staying on top of all the responsibilities associated with managing rental properties can be a difficult task. Even if you have a small team to help you out, managing your property or properties can be a huge headache... (Read More)