Property Management Blog

According to to Legal Templates LLC, some tenants cause so much damage that the security deposit won't cover the costs. While you can use legal means to compel tenants to pay, it's a drawn-out process. It's much better to rent to respectful tenants who take good care of your investment.Thankfully, there's a way to maximize...

Average rent prices in Charlotte, NC, have declined by 5.2% since 2023. This is according to a report by realtor.com, which Queen City News posted in July of this year.Rent prices may decline when you miscalculate your rental unit's operating expenses. Avoid such errors by adopting the right rental property accounting strategies. The ...

Recent census data reveals that just under half of Charlotte properties are renter-occupied. That means that investors are profiting off of almost half of the real estate in the city. How are they keeping track of their finances in the process?In theory, all rental property owners should be receiving their pay through owner disbursements....

You're a real estate investor with multiple properties in Charlotte. Each one represents a potential goldmine, but managing the financial details feels like herding cats. You're getting statements, invoices, and random expense breakdowns that make your head spin. Are you really maximizing your investment?Now, picture receiving cry...

According to WCNC.com, in the 2024 to 2025 U.S. News & World Report "Best Places to Live" rankings, Charlotte, NC, ranked fifth out of 150 major cities. The city's Southern charm, cleanliness, solid economic identity, and relatively affordable housing (including rent) are all factors that contributed to its high ranking....

According to ZipRecruiter, landlords in Charlotte, NC, earn an average yearly salary of $81,368. It's considerably higher than the statewide average of $72,135!So, if you're considering investing in a rental property here, go ahead; it could be one of the wisest, most lucrative choices you make. However, your investment would only...

North Carolina's eviction rates have fully bounced back to pre-pandemic levels.If you're a landlord, evictions are something that should always be a last resort. For tenants, it's never something you want to go through, but even less so when it's out of your control. No matter what side of the situation you find ...

North Carolina's eviction rates have fully bounced back to pre-pandemic levels.If you're a landlord, evictions are something that should always be a last resort. For tenants, it's never something you want to go through, but even less so when it's out of your control. No matter what side of the situation you find yourself o...

Are you watching your tenant turnover rate like a hawk?This problem can generate an average of $2,000 in losses per tenant. Frequent turnover puts more work on your desk and can even negatively impact your chances of selling an investment property. Future buyers do check these rates to see if the property is worth the investment.You need ...

Welcome to Charlotte, the Queen City, a place where growth and prosperity are intertwined. With its thriving job market, top-tier educational institutions, and a lifestyle that blends southern charm with urban sophistication, Charlotte is not just a great place to live - it's a goldmine for real estate investors.But how do you make th...