In 2019, roughly 29.36% of households in Utah were headed by renters.Investing in property can be an excellent way to generate passive income. However, the task of managing rental properties is often overwhelming for landlords.You're left with maintenance and repair costs, accounting, and choosing the right tenant. If all the hea...
Property Management Blog
What Do Landlords Need to Know About Rental Property Depreciation?
Tuesday, June 7, 2022
Did you know that last year the average cost of buying a property in Utah was $450,000? That price doesn't include closing fees or the cost of year-round maintenance. While property ownership might seem a tad expensive, there are ways to reduce its costs.If you're a landlord or real estate investor you should know about rental pro...
Real Estate Asset Management: 3 Tips for Getting Started
Tuesday, May 24, 2022
During the pandemic, everyone thought that the real estate market would collapse. Instead, it went on to grow rapidly and create one of the greatest increases in property value in recent history.As someone looking to start growing your income, you know that investing in Salt Lake City real estate is the right way to go. Tha...
3 Essential Property Marketing Techniques
Tuesday, May 10, 2022
Whether you're trying to market your first investment property or want to promote all your existing properties, marketing is a must if you want to reach a wider audience and find tenants fast.You have all those amazing properties but you need to fill all the vacancies so your business can thrive. This is why creating a strong online p...
4 Things Every Landlord Needs to Know About Evicting Tenants in Utah
Tuesday, April 26, 2022
Nearly 4 million families get evicted from their rental homes every year in the United States. Unfortunately, as a landlord, this is sometimes the only way you can prevent serious damage to your unit or ensure you don't lose money. But how do you go about it?We've put together this guide to show you some important things you ...
Common Mistakes You Can Avoid With Tenant Screening Services
Tuesday, April 12, 2022
If you've never used tenant screening services before, they may seem a bit excessive. After all, how hard can it be to find good tenants in Salt Lake City? As a new property owner, you may be surprised to realize that finding tenants is a full-time job in itself. Being a landlord becomes infinitely more difficult when you've ...
An Informative Landlord's Guide to Rent Collection
Tuesday, March 22, 2022
As a landlord, collecting rent is your top priority. You want to get the most out of your property investment, and that means that on-time payments are essential.But how do you go about rent collection in an efficient way for both you and your tenants? We're here to talk about it.Read on for a few quick landlord tips about rent collec...
How to Get Started Real Estate Investing in Salt Lake City
Tuesday, March 8, 2022
Have you wondered what it would be like to become a real estate investor? Real estate investing is a practical and effective way to build wealth and set yourself up for retirement.You can fix and flip properties to make tens of thousands of dollars in one go. Alternatively, buy property to rent out to tenants to create a recurring stream ...
A Quick Guide to Rental Property Inspections
Tuesday, February 22, 2022
A terrible tenant or two can turn your real estate nest egg and passive income retirement dream into a nightmare. Fortunately, there are ways to protect yourself against this scenario. It's easier than you think. Read on to learn more about how rental property inspections ensure your property does not fall victim to bad renters.W...
How to Carry Out Evictions
Tuesday, February 8, 2022
Renters make up nearly 36% of all residents in the United States, and eviction is an often-avoided yet integral part of the rental system. While it can be a hard topic to broach, landlords need to know how to do it effectively.So what are the steps in the eviction process? What goes into carrying out quick evictions for your renters,...
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