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...
Property Management Blog
Optimizing Your Return on Investment: Key Portfolio Management Tips for Landlords
Tuesday, May 21, 2024
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...
The Difference Between Service, Emotional Support Animals and Pets: A Guide for Salt Lake City Landl...
Tuesday, May 7, 2024
You've given our real estate investment strategy a try and found a great rental property in Salt Lake City. Now, you're wondering what tenant rights are when it comes to animals.Generally speaking, landlords are entitled to develop a pet policy however they see fit. On one end of the spectrum, they may not allow pets of any kind. ...
Maintenance Coordination: Who Pays For Rental Maintenance In Utah?
Monday, April 22, 2024
As Utah rental vacancies slowly increase, Salt Lake City landlords are scrambling for ways to help their properties stand out in a more competitive market. Hiring a property manager is one way to do this.These experts can assist you with a range of services to help you attract and keep tenants for a fee. These services include overseeing ...
How Often Should A Landlord Inspect Rental Property In Salt Lake City?
Monday, April 8, 2024
Utah is becoming one of the most popular places to move to in the country. The Beehive State's population grew by around 120,000 residents between 2020 and 2022. The influx of potential renters makes Utah a prime location to own a rental property.Conducting rental property inspections is essential to protecting your investment. Follow...
What To Consider When Scouting a Potential Investment Property in UT
Thursday, March 21, 2024
Are you a real estate investor looking to get busy in the Beehive State? Home to over 3.3 million people, the state offers plenty of opportunities for investors who are looking to grab properties with great potential for passive income generation.Though, like in every real estate market, success doesn't come on a silver platter in Uta...
What's the Best Real Estate Investing Strategy for Salt Lake City?
Thursday, March 7, 2024
Salt Lake City is a lucrative hub for real estate investing. You have your pick of everything from vacation rentals to residential homes.All successful real estate investors start with a plan.Clarify your goals for investing. How much income do you want to generate for your portfolio? How much capital will you need to get there?Every busi...
Importance of Rental Property Accounting in Salt Lake City
Wednesday, February 14, 2024
Rental property accounting is the key to real estate investment success.The average American landlord brings in just under $90,000 per year. If you're going to reach a level where your real estate portfolio is your entire source of income, you need to prioritize bookkeeping.In today's post, we'll discuss the importance of rent...
How Does Section 8 Determine Rent Prices in Salt Lake City?
Wednesday, February 7, 2024
Families who want to qualify for Section 8 housing in Utah must have incomes at or below 50% of the area median income (AMI). In Salt Lake City, many people can't afford adequate housing, but landlords can help.Becoming a Section 8 landlord might be on your mind for different reasons. If you are interested in this program, there are s...
Maximizing Rental Income with Strategic Tenant Placement Strategies
Sunday, January 21, 2024
Every property owner fears rental vacancies.Although the rental vacancy rate in Utah is a relatively low 4.5%, you never want to be a property owner who can't fill a rental. If you're going to maximize your rental income, you need to make sure you've got quality tenants who remain in your Salt Lake City rentals for a long time...
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