Entries by Michael Hurley

3 Property Management Facts That Might Surprise You

Whether it’s renting your old home or buying and selling small single-family apartments, property management is one of the most diverse areas in the real estate industry. No wonder like so many individuals you have decided to invest your time and energy in this growing industry. This can be a very worthwhile investment for you but there are a few interesting property management facts that you should consider. Here are some tips that will set […]

Not on My Property! A Property Manager’s Guide to Evicting Squatters

Owning rental property can be a great source of extra revenue. Unfortunately, sometimes your renters outstay their welcome (and their rental agreement). When this happens, you have squatters. There are many reasons why someone refuses to leave when their time is up, but as the property owner, you must be sure to take the right steps in evicting squatters. It can be a time-consuming process, but you need to do things correctly to protect your […]

Your Complete Guide on How to Handle the Death of a Tenant

An unexpected death is always tragic and hard to work through. While the emotions surrounding this kind of loss can be difficult, there’s also a wealth of logistical issues that one might have to work through as well. Dying, as they say, can be complicated. This is certainly the case when a tenant passes away. This is a somber topic and one that every landlord hopes they don’t have to deal with. But it does […]

5 Must-Have Property Management Tips for Beginners

Current statistics reveal that rental units comprise about 30% of the housing market. But with the rise of short-term rentals like Airbnb, lots of people are joining the ranks of property managers.  If you’re new to property management, there are a few things you must know! Keep reading for 5 must-have property management tips for beginners.  1. Do Your Due Diligence Most of the problems you’ll run into when it comes to property management are […]

3 Tips for Developing a Rental Property Investment Strategy in 2020

About 36% of millennials and 30% of baby boomers prefer to invest in real estate over stocks. They would instead invest their extra cash in long term rental property than put it into the stock market.  You, too, can successfully invest in real estate. The key to success is having a well thought out rental property investment strategy.  Try one of these three tips for creating your investment strategy for 2020.  1. Create a Five Year […]