Entries by Michael Hurley

How to Manage Multiple Properties Like a Pro

Managing multiple rental properties can yield substantial financial rewards. In fact, the average annual return on investment for a single rental property is over 9%. There is upside to this average, with ROI potential up to 19%. Despite the financial perks, managing rental properties is sometimes a struggle. Rental property management can be time-consuming and stressful. Multiple properties only add to the workload. The good news is that there are tips and tools to help […]

January 2, 2018 by

5 Tools That Make Residential Property Management Easier

Residental property management has its obvious perks, but it’s not always easy. Between repairs, tenant turnover, and keeping up with taxes for your property, there can be some pain points. Your time and energy are precious commodities. It should be your goal to simplify responsibilities whenever possible for yourself and your family. This way, you can focus on things like choosing the right real estate agent. Imagine having all the benefits of property management while […]

December 29, 2017 by

The Entrepreneur’s Real Estate Guide: Investment Properties

It’s 10 a.m., and instead of heading to the office with your laptop case, you’re heading out to the green with your golf clubs. You’ve mastered how to earn passive income thanks to the help of a real estate guide. And that means no more 9-to-5 for you. Statistics show that while about 66% of people in the United States used the stock market for investing purposes back in 2007, only a little more than […]

December 22, 2017 by

The Top 5 Benefits of Property Management Services

If you own a rental property, chances are it’s been a headache at some point. No one wants to spend precious time chasing down delinquent rent payments or dealing with repairs after a tenant has left a unit in poor condition. Uncomfortable confrontations and lengthy legal issues can seem unavoidable when you’re a landlord. It doesn’t have to be that way. When you hire a property management service to handle your rental units, you’re saving […]

December 15, 2017 by

When Is The Right Time To Hire Professional Property Management?

Are you trying to decide whether now is the right time to hire a property manager? According to Business Wire, 50 percent of investors handle all property management themselves. But 22 percent use third parties for some part of property management. Another 28 percent hire professional to do all the work. The average cost of a property manager can be 10% of the monthly rent you charge. This makes hiring a property management company an […]

December 8, 2017 by