You’ve decided to rent out your house. Maybe you weren’t able to sell it or maybe you realized the investment opportunity of property rentals. Whatever the reason, the fact is you want to do it right. It may seem like a better financial decision to manage your own property… until you look at the …
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When Is It Time to Sell Your Investment Property?
Sometimes investments just don’t work out. Sure, a great property is often the key to unlocking real investment potential, but other times it’s just better to pull the plug. So how do you know if you should sell? If you find yourself in one of these scenarios, it’s probably time to call a listing …
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5 Common Mistakes To Avoid When Marketing Your Rental Property
In a renter’s market – like the one we’re in now – marketing oversights cost you more than usual. Of course you need to set the right price, but there’s more you can do to catch the eye of a great renter. Whether you’re a first-time or long-time landlord, be sure you’re not making these common …
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5 Essential Tips for Pricing Your Rental Property
The price of your rental property can make or break your success as a landlord. You want to turn a profit, but you also have to listen to the market. So, how do you zero in on the right number? How difficult will it be to find a tenant? How much should you consider location, population, condition, …
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4 Security Deposit Tips for Smart Landlords
Security deposits are funds you hold in case there’s more than typical wear and tear to your property when a tenant moves out. The amount you charge for a security deposit matches the risk of the tenant, which you find out during the background and credit check. A security deposit is supposed to …
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Behind the Scenes: A Day in the Life of LEAP DFW Property Management
You’ve probably wondered what property managers do. You may even assume we cash rent checks all day – but that’s only part of the story. If you’ve ever wanted to be a fly on the wall at a property management company, here’s your chance. We’re giving you a peek inside our management office to …
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5 Reasons Your Rental Property Has A Negative Cash Flow
When it comes to increasing cash flow for your rental property, most advice in the property management world is flat out wrong. It’s not as simple as raising rent. Instead, you need to find the underlying reasons you’re not making money. Only then can you make improvements that will positively …
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Landlords: How to Handle Damage to Your Rental Properties
Property damage. They’re two very simple words that make a landlord cringe. It can happen at any time, day or night, when a property is occupied or vacant. Two of the most common and potentially devastating causes of property damage are leaks and flooding. Here are steps we take to recover from …
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6 Property Management Fees You Should Never Pay
Comparing property management company pricing is like comparing apples to oranges or bananas to mangoes. Each management company has unique services. In our case, we’re a full-service company, so when a new client tells us they need small tasks done, like connecting utilities, we cover it. …
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How Landlords Can Save Money with a Property Management Company
No one cares about your property as much as you do. So, it’s understandable if you’re apprehensive about passing on management to someone else. After all, you have to trust this person to make decisions that affect your asset and monthly cash flow. You may not see the value in hiring a manager …
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