There are many flooring types that you can consider for your rental property. You've probably seen a variety of rentals that offer wall-to-wall carpeting. On one hand, carpeting can be more affordable than hardwood. Plus, carpeting is cozy and has a... (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)
Are you getting your rental space ready for a new tenant? You probably already know you need to make sure that it's thoroughly cleaned and that any maintenance issues are fixed prior to move-in. But beyond that, there are some other ways you can... (Read More)
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)
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)
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)
Rental income is your revenue. It's what keeps your venture afloat. But how do you choose the right rental rate and what avenue do you use to accept monthly payments? As a landlord, it's important to consider both of these aspects to ensure that... (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)
If you're a landlord, then you know how busy things can get. It takes time to find new tenants, market properties, meet urgent needs, and the list goes on.
Landlords with multiple properties can quickly become inundated with work. However, it's... (Read More)