Property Management Blog

Do you need help filing your property tax return? Filing tax statements and 1099s is one of the sacred American duties, and the deadline is April 15 every financial year. You'll often require a 1099 form if you get rental income.Do you need to pay taxes on passive income? It can be difficult to navigate the tax system on your own. Rea...

According to the National Low Income Housing Coalition, Utah had more than 300,000 renter households in 2021. With lots of renters comes lots of background checks.A tenant background check can hold up an otherwise speedy rental process. You don't want the time it takes to catch you off-guard.How long do tenant background checks take i...

According to PNAS, around 2.7 million households face evictions each year. In a massive country like the USA, that may seem like a small number, but it does mean that your odds of evicting a tenant are around 1 in 50. That's still a small chance, but it's big enough to warrant that every landlord prepares themselves, just in case....

Salt Lake City, Utah, is the most populated city in the state and continues to grow steadily. With around 210,000 residents, it beats other Utah cities by 75,000 residents.As the city grows, it's a great time to begin investing in Utah real estate. Planning is the first step to entering the real estate market and making a beginner rea...

Renting in Salt Lake City is more affordable than buying. Rent prices average at $1,700 per month compared to mortgages at $3,100 a month. That's an 89% difference.This means landlords will have more applicants, but finding the right one can be like searching for a small fish in a large pond. Hiring the right professionals to hel...

Salt Lake City is one of the hottest rental markets in the U.S. It has great outdoor spaces, ample employment opportunities, and an array of first-class entertainment venues. For real estate investors in this city, the income opportunities are impressive.However, this setup only works if you have qualified, responsible tenants who will tr...

Utah's rental vacancy rate sat around 5% in 2023.As a Salt Lake City landlord, you never want to be a part of the rental vacancy statistic. Keeping your vacancy rates low and your tenant retention high is the key to landlord success, so if you're having issues with these property management metrics, it's time to reconsider you...

Did you know that Salt Lake City, Utah has a higher elevation than most cities? People from all over come to live in this area for the mountains and breathtaking views.With much to do, there is room to charge higher rent prices and make some money as a real estate investor. People will happily spend extra to live in a solid location with ...

Are you a real estate investor in Salt Lake City looking to scale your property portfolio? One of the most critical aspects of this journey is mastering property management.Without it, the dream of a diverse and profitable portfolio can become a nightmare. This article will explore the property management solutions that sustain growth.Thi...

Are you overwhelmed when you think about your real estate portfolio? Do you feel discouraged from any more real estate investing?If so, you may benefit from portfolio management. Portfolio management simply means keeping your real estate portfolio organized and tracking your gains and losses.Ready to learn more? Here are some portfolio ma...