The first rule of real estate is location, location, location. A successful rental property is in a desirable location, whether it’s for long-term or vacation rentals. Here’s what else you should know if you’re considering buying a rental. Invest in Property Management Sometimes you have to spend money to make
When it comes to property management, we know one size doesn’t fit all. You may have unique circumstances or requests for a property manager. That’s what sets Rhino rental property management in Utah apart from the rest. When you partner with Rhino Property Management Utah, you can choose between different
Your search for the perfect rental may take a little longer if you need to find something pet-friendly, but it’s worth the extra effort. You may be familiar with the phrase, “It’s easier to ask forgiveness than it is to get permission.” When it comes to renting an apartment or
Owning and managing rental properties can be an extremely rewarding experience, though no one would accuse it of being easy. With all there is to think about﹘from finding tenants, to getting rent, to keeping the property clean, to dealing with bad and/or negligent rentees﹘it can be overwhelming to keep all
For anyone who has been in the property management industry for a respectable amount of time, the prospect of difficult tenants is not just a scary thought but an actual waking nightmare; damaged or broken property, unpaid rent, belligerence to you and other neighbors on the property, and much more
The year 2020 will go down in history for a myriad of reasons, and very few of them will be good. Seen from nearly any vantage point, the year that was was a troubled one that resulted in property damaged, jobs lost, relationships broken, and lives changed. However, if you
Maintaining a positive relationship with your tenants can make a big difference when you’re a landlord. They rely on you to provide housing and you rely on them to take care of your property. Dealing with tenant issues can be time-consuming but if ignored can put you into a lot
One of the things that make people hesitate when it comes to having a rental property is the thought of having to deal with tenants. It’s frustrating to go through the work of approving a tenant, only to have to go through the process all over again if it doesn’t
We all know about homeowner associations (HOAs). They’re essentially property management organizations for a neighborhood. In fact, many property management companies provide HOA services, like Rhino Property Management. Perhaps, your current subdivision has one. Maybe you’ve heard your realtor mention that some of the prospective homes you’re looking at have
Many people dream of having an investment property; it can serve as a short-term rental and your own personal vacation home, it can generate income if you’re able to rent it for more than your mortgage costs, or it can be flipped and sold for profit. But is an investment
You can have the perfect property in the best location, but if you don’t have great tenants, none of that will matter. You need honest, trustworthy tenants that will not only pay their rent on time, but that will also properly care for your dwelling. So how do you go
Many rental property owners reach out to us because they need help maintaining their properties. Whether they live in another state or they need help with the logistics behind maintaining this extra property, we are happy to help. Here at Rhino Property Management, we offer many different services. Some of
Looking for a smart way to make a passive income in this uncertain time? Rental properties are an excellent source of supplemental income. Of course, owning a rental property isn’t a small undertaking, but it can be economically viable with the right planning, safeguards in place, and the help of
Finding the right tenant can be one of the most challenging (and rewarding) aspects of rental property management. It’s a tedious process that takes up a lot of time and can leave you feeling quite overwhelmed. It can be difficult, even for experienced property management companies, which is why we
Winter is already upon us, but if you’re managing several properties or have had a busy schedule, winterizing your properties might not have been at the top of your priority list. However, it’s not too late to get the job done. As the days continue to stay short and the
After investing some of your hard-earned money into rental properties, one may find themselves in a bind upon realizing that it is difficult to maintain the property and keep it occupied to ensure you get a return from your investment consistently. A property manager can help collect rent, schedule and
Maintaining a rental property can be hard work. Keeping up with inspections, maintenance, evictions, and lease renewals, feeling like you’re caught up on everything may seem like light-years away. Hiring a property manager or management will help you sleep at night while your money continues to flow.
Though property sales have seen an increase, the prices these properties are going for aren’t as high as many sellers would like to see. For those times when you’re watching the “For Sale” sign on your lawn get faded by sun and rain, considering a different route in regards to
Every landlord has one goal in common: the best tenant. It’s an ambitious goal. Finding tenants that respect the rented space, pay dues on time, and are easy to communicate with are all things we can hope for and find. But the key to a better tenant is to be
It can cost you significant time and money to attract and keep ideal tenants, but it’s far more costly to remove ones that are less than exemplary. Instead of waiting for a lease to end only to find you need to make costly repairs to your property before a new
A major responsibility that a landlord is legally required to fulfill is creating a habitable living space. This is legally enforced by a tenant’s “warranty of habitability.” The details of what makes a living environment habitable depend on what state you are in. In general, though, here are some key
If you’re considering moving into a home that has an HOA(Homeowners Association), you probably have a few questions. The quality of the HOA that you are moving into will vary depending on where you are moving, as no two HOAs are the same. Before making a decision to move into
“Section 8 Housing” is the phrase often used to refer to the Housing Choice Voucher Program, a federal program enacted to help low-income families better integrate into the public housing market. We’ve found that many landlords are hesitant to dive into the world of low-income housing, wary of coming across
No one wants to be that annoying renter or neighbor. You don’t want to be a nuisance, and often, when you are that tenant, it’s unbeknownst to you. It’s rarely intentional, and so it’s easy to not notice that you’re being annoying, bothersome, or inefficient. Especially if you’re a first
When you live in a rental unit, it can be hard to make the space feel like your own. You want to feel comfortable, and make it feel like home. But you also don’t want to sacrifice your deposit by painting the walls or drilling a bunch of holes into
Over 50% of potential tenants that want to move into your rental property, will have a pet. This means that if you don’t allow tenants who own pets to rent from you, you’re shutting out the majority of your potential tenant opportunities. If you’ve had a hard time filling vacancies,
The majority of your future clientele consists of millenials. There are changes and trends that come with every new generation, and as you clientele begins to change as the generations get older, you need to learn and develop new skills and tactics to market your properties more efficiently.
Although one of the most enjoyable seasons of the entire year, the holiday season also tends to be one of the busiest seasons of the entire year, as well. It’s easy to get so busy with everything else that you have going on, that managing your property is the last
No one wants a bad tenant. They can be hard to detect, though. When renting your property, you want the entire process to be smooth. In an ideal world, the perfect candidate would come to your door the exact moment you have a vacancy, and would want to stick around
Technology has completely changed our world. A few decades ago, the idea that you’d pay your rent or contact your friends electronically was bizarre. Yet here we are, doing almost everything that we do over the internet or from our phones. From paying bills, scheduling doctors appointments, and searching for