Property Management Blog

Is Outsourcing Your Tenant Screening Process a Good Idea in Teaneck, NJ?

Real estate investing is widely considered to be a great way to build wealth as long as you're willing to put in the work.There are a lot of elements to property management, and you need to focus on all of them if you want to get the best return on your investments. Tenant sc...

What's Next After Buying Your First Rental Property in Teaneck, NJ?

You've just dipped your toes into the exciting world of real estate by snagging your first rental property in the charming town of Teaneck, NJ. You've navigated the murky waters of mortgages, endured the rollercoaster of negotiations, and emerged victorious as the proud o...

The Advantages of Using a Digital Tenant Portal for Landlords

Over 30% of homes in New Jersey are occupied by renters rather than homeowners.Property management can feel overwhelming much of the time. That's where modern technology comes in. Digital tenant portals are something you won't want to ignore.More and more landlords are tu...

Security Deposits in Teaneck, New Jersey: A Guide for Landlords

You've put your time and effort into buying and spiffing up a rental property to rent out. However, there are always risks associated with becoming a landlord.You might have bad tenants that don't pay rent or destroy property. Asking for security deposits when a tenant mo...

5 Strategies for Lease Renewals

According to the data collected from the Consumer Price Index Survey from last year, nearly 60% of all leases are for a one-year period.When the 12-month period ends, the best scenario for a landlord or property manager is for the tenant to renew the lease.A lease renewal gives t...

The Dos and Don'ts of Effective Rent Collection for Landlords

Imagine a world where tenants pay their rent on time, in full, and without complaint. It's a beautiful thought, isn't it?While you will never have 100% of your tenants on the same page, it is possible to have a majority of them follow the payment rules. The key is to crea...

The Importance of Getting an Eviction Check on Potential Tenants

Evicting a tenant is a great way to remove unruly tenants who refuse to pay their rent on time or cause other problems. While it's not ideal, an eviction is much better than letting them stay on your property and potentially lower its value. Even worse, they may put you at le...

Tax Statements and 1099s: A Guide for Teaneck, New Jersey Landlords

Do you own rental property in Teaneck, NJ?If so, the end of the year is a great time to start thinking about tax season. If you know what to expect, you can start gathering all of your necessary documents now, so you won't be as stressed down the road.For landlords, understan...

Landlord Rescue: 5 Major Signs You Need a Property Manager

It's awful that 55% of Americans are stressed daily.All types of jobs come with stress, but being a landlord is one of the trickier positions. You have to worry about finding suitable tenants and dealing with maintenance issues. Being a landlord can become overwhelming in a s...

5 Keys to Successful Rental Property Marketing

Efficient property marketing is the only way to engage your customers, increase income, and expand your business's reach. This is why you'll need to put a lot of focus on the right marketing plan if you want to be successful.Putting together an advertising strategy isn...