Entries by Michael Hurley

5 Reasons Why It’s Smart to Invest in Properties

You hear a lot about today’s “hot investments” all over the news. However, most millionaires still agree that real estate is the best investment around today. Well, when you know the facts, it’s easy to see why. Let’s talk about some of the best reasons to invest in properties this year! 1. Real Estate Is Tangible Investing in stocks or crypto is popular, but you have little to no control over how the entity is handled. […]

4 Benefits of Hiring a Property Management Company

Did you that the worldwide property management market is expected to reach $37.25 billion by 2029? Owning an investment property can be a great way to generate income and build wealth, but managing the property can be time-consuming and difficult. Property management can be a hassle, but it’s important to remember that there are many benefits to hiring a professional property management company. Want to learn more? Keep reading to learn about the four key […]

3 Things a Property Manager Should Do Before a Tenant Moves Out

Owning rental properties is a great way to boost your income and overall wealth. The key to being a successful property manager is making your tenant turnover rate as low as possible.  Unfortunately, there’s nothing you can do when managing a property to prevent every tenant from ever leaving. So when it does need to happen, it’s important to make the transition as smooth and seamless as possible. The less time your rental property is empty, the […]

5 Benefits of Buying a Rental Property

Did you know that over 10 million people — or about 7% of the US population — make money from rental properties? Are you interested in joining them? The good news is that now is a terrific time to invest in property and manage a rental property. Before we talk about how to buy a rental property, let’s first discuss why you should consider buying a rental property. Here are five compelling benefits of owning rental […]

What is the Average Property Manager Salary? What You Can Make

According to data compiled by the US Department of Housing and Urban Development (HUD), 43.6 million rent-based households existed in America in 2019. That number may rise due to market fluctuations caused by the COVID-19 pandemic. As younger folks like Millennials approach their late 30s awash with student loan debt and unable to save a down payment, the renting market will remain stable and profitable. Perhaps you’re thinking about property management as a career. If […]