5 Things You Should Know About a Property Management Report
By Ryan Vienneau Thursday, February 23, 2023
The median property price in Saratoga Springs, NY has gone up 48.4% in the last 10 years.This means that if you had invested in a $100,000 property 10 years ago, that property would be worth around $148,400 today. In simple terms, your investment would have outperformed any savin...
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The median rent crossed over $2,000 in the United States in 2022.Inflation causes everything around the world to increase in price. While many people may not realize it, inflation can also impact rental prices. This is because mortgage rates rise, and property investors need to m...
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Why Investing in Real Estate Is Perfect for Retirement Planning
By Ryan Vienneau Thursday, February 9, 2023
Around 60% of Americans are set to rely on social security grants to support themselves during their retirement.With millions of Americans retiring every year, retirement planning has never been more important. Whether you’re retiring soon or still have a few decades to go,...
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Did you know that the rental property industry is worth around $485 billion?Millions of people rent homes and apartments around the country. This has created an opportunity for investors to diversify into the property market. The best part about investing in rental property is th...
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Right now, the cost of rent's high, and rental stock's low across America.You might not be worried about whether your rental property will remain tenanted. However, managing your property (or properties) is another story altogether.As a landlord in Saratoga Springs, NY, a...
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Understanding the latest trends in the rental market and how your property is faring is key to being a successful property owner.Do you know how well your rental property is doing? A property management company can help you find out by providing the data you need to ensure the su...
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What Do Landlords Need to Know About Security Deposits?
By Ryan Vienneau Wednesday, January 11, 2023
Upstate New York is a great place to rent out your property. Saratoga Springs has the highest renter population in the region, with over 44% of residents renting their homes.While this leaves a large pool of great tenants to choose from, the opposite is also true. As a result, in...
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Property Manager’s Guide to Tax Time and Sending 1099s to Landlords
By Ryan Vienneau Wednesday, January 4, 2023
Tax statements and 1099s. Few things are as stressful as those two - especially if you have no idea what a 1099 is or if you even need one.Tax season is troublesome enough for regular W2 employees, but when you add in additional income and paperwork, the stress escalates.Fortunat...
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The Importance of Conducting a Tenant Background Check
By Ryan Vienneau Wednesday, December 28, 2022
Approximately 40% of landlords run a tenant background check. That's a positive statistic, but what about the other 60%?These checks are one of the most important parts of the tenant screening process. Avoiding them is one of the biggest mistakes that landlords make...
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It's official: America is a country of pet lovers. A staggering 70% of US households own a pet, according to the APPA National Pet Owners Survey for 2021-22. Unsurprisingly, dogs are the most popular choice, with cats coming in a close second. This abundance of furry fri...
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