Blog

Even though the goal of every property owner is to receive rental income, that income is not unlimited. Eventually, you will need to replace your tenants and perhaps repair damage they cause. But this doesn’t have to be a typical scenario. The property managers at Real Property Group have put together a few proven tips that have worked for our clients in the past. Implementing these will reduce the possibility of damage to the rental property and maybe even increase your rental profits. Screen Your Prospects A thorough screening process is s…

As a landlord, you always want to keep the state of your rental property in an outstanding condition. To achieve this, you can perform walk-through inspections before a renter moves in. A walk-through inspection can reduce the risk of damaging the property as everything is documented before the tenant moves in, helping you easily identify any potential damages caused by the tenant later. Along with protecting the landlords, this inspection also guards the renters against paying for the repair of existing damages. Tenants have the right to chal…

Do you have a vacant rental property? A rental property can help you make a great passive income. However, if left vacant, it can cost you more money than you are earning on it. From increased insurance costs to potential legal issues, these risks can be daunting. But we're there to help you. At Real Property Group, understand that managing rental property isn't easy. We have the expertise to help you make the most of your rental income. In this blog, we will tell you why you should avoid having a vacant rental property. Further, we will provi…

We understand that during the term of the lease agreement, landlords do not always stay at their rental property. However, you still have a duty as per the warranty of habitability to ensure the rental units meet all safety standards. While there is the legal aspect to safety standards, there are also financial concerns. Failure to comply with safety standards can be costly when a tenant or the local authorities take you to court. Safety standards are provided for in county ordinances, State, and federal law. While it can be a stressful issue …

As more people learn about the advantages of investing in real estate, the motivation to own one is increasing. Compared to the volatility of stocks, real estate can be an excellent alternative. If your goal is to earn another steady income stream, consider investing in a property. It can be a great portfolio diversification strategy rather than focusing on investing purely in stocks. A real estate investment requires a high initial capital in contrast to stock market investments, so planning and researching is vital. Take time to check good d…