Property Management Blog

Illegal To Not Take Section 8?
By Grow Property Management - Tuesday, November 1, 2022

Illegal To Not Take Section 8?

Is It Illegal To Not Take Section 8 Question: Will not take Section 8. No, that is not legal. You can’t choose your tenants based upon source of income. The different ways that they might actually be coming up with validated provable forms of payment such as Section 8, you can...
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Rental Property Income Requirement
By Grow Property Management - Monday, October 31, 2022

Rental Property Income Requirement

What Income Require Should I have For Rental Property Tenant Applicants?
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Rental Property Required To Have Blinds?
By Grow Property Management - Monday, October 31, 2022

Rental Property Required To Have Blinds?

Is A Landlord Required To Install Blinds In A Rental Property Meg’s question: Is she required to put blinds in her rental vacancy? No. You’re not required to put blinds in your rental vacancy. You might want to consider it, though. We do. The reason is, one would be aestheti...
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Rental Property Capital Expenses
By Grow Property Management - Sunday, October 30, 2022

Rental Property Capital Expenses

Rental Property Capital Expenses or Cap Ex Definition Capital expenses or CapEx and how they relate to rental properties. CapEx are those items that we anticipate that we already know will mechanically fail. We know that a central air unit had a life expectancy of 20 years, now ...
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Rental Property Mice
By Grow Property Management - Sunday, October 30, 2022

Rental Property Mice

How To Rid Rental Property of Mice Once And For All Question: The tenants moved out, left a mess, and now the property appears to have mice. The person is asking that they had hired an exterminator or the exterminator put down traps. And they want to know is there anything else ...
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Adjusting Rents For Inflation
By Grow Property Management - Saturday, October 29, 2022

Adjusting Rents For Inflation

How Much Do You Adjust Rents For Inflation Question: How much are you raising your rent because of inflation? That’s not really the way it works. As a very efficient property management company, we charge what the market will bear, so we charge as much rent as a tenant is goin...
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Rental Property Pricing Strategies
By Grow Property Management - Saturday, October 29, 2022

Rental Property Pricing Strategies

Rental Property Pricing Strategies Pricing strategies for your rental properties. And this applies equally well to buying more rental properties, putting in an offer to buy a property or even applies to selling your property. A few strategies we always employ and a few things we...
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Tenant Breaks Lease
By Grow Property Management - Friday, October 28, 2022

Tenant Breaks Lease

How Much Can You Charge A Tenant For Breaking Lease. Karen’s question: Her tenants are trying to break the lease six months early and she’s trying to find some contract to where she can charge $6,300 to allow them to break the lease to compensate her for them breaking the le...
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Rental Property Vacancy Rates
By Grow Property Management - Friday, October 28, 2022

Rental Property Vacancy Rates

Rental Property Vacancy Rates. What is a Vacancy Rate & what Vacancy Rate is recommended Rental property vacancy rates: We know that your rental property is going to be vacant percentage of the time, so most real estate investors will engage a vacancy rate. If your rent is $1000...
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The Still Usable Tenant Damage
By Grow Property Management - Thursday, October 27, 2022

The Still Usable Tenant Damage

How Do You Charge The Tenant for Damage of Still Usable Items Question: The tenant used brand new stainless steel fridge as a back stop for golf balls; dent everywhere, tenant vacates fridge is three years old, all is cosmetic, what do you charge? That’s just horrifying. I wou...
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