Finding the Market Rent Rate for Your Rental: A Step-by-Step Guide

By Rhode Island Property Management Blog Tuesday, June 25, 2024

Determining market rent for your rental property is essential for you as a landlord. The fair market rent rate ensures that you can find long-term tenants, cover your expenses, and make more money. Setting the market rent too high can deter potential tenants while setting it too...

The Costs of Rent Increases: Consider the Big Picture

By Rhode Island Property Management Blog Monday, June 24, 2024

Rent increases are an important aspect of managing rental properties. While raising rent can help landlords keep up with inflation, maintain their properties, and ensure profitability, it's important to approach rent increases thoughtfully. In this article, we'll discuss ho...

Becoming a DIY Landlord? 10 Mistakes to Avoid

By Rhode Island Property Management Blog Sunday, May 19, 2024

Are you thinking about becoming a DIY landlord and managing your rental properties on your own? While taking the reins can be rewarding, it’s not without its challenges. Navigating the world of property management involves more than just finding residents and collecting r...

What to Do with a Resident’s Possessions after an Eviction

By Rhode Island Property Management Blog Tuesday, April 23, 2024

Evictions are never an enjoyable process. And as a landlord, navigating the aftermath of an eviction can be equally challenging, especially when dealing with left-behind possessions. This guide will provide you with clear, lawful steps to handle personal items responsibly a...

Is a Month-to-Month Lease Better for Landlords?

By Rhode Island Property Management Blog Tuesday, April 23, 2024

Are you a landlord wondering if a month-to-month lease agreement could align better with your rental business strategy? This flexible leasing option might just be the key to maximizing your property’s potential. In this guide, we'll explore the advantages and consideratio...

Smart Investments: How to Choose Profitable Rental Properties

By Rhode Island Property Management Blog Tuesday, March 26, 2024

Investing in rental properties can be lucrative for those interested in diversifying their investment portfolios and generating passive income. However, the difference between a profitable rental property and one that drains your resources lies in the details of your investment ...

Top Tenant Complaints and How to Solve Them

By Rhode Island Property Management Blog Tuesday, February 27, 2024

As a landlord, keeping residents happy and maintaining positive relationships is key to the success and longevity of your rental property. But this often requires you to be prepared for any situation, including dissatisfied residents. Understanding common resident complaints and...

8 Terms All Real Estate Investors Should Know

By Rhode Island Property Management Blog Tuesday, February 27, 2024

When approached with knowledge and strategy, real estate investment has the potential to yield substantial profits. No matter your level of experience as an investor, it is crucial to have a solid grasp of important terms so you can make well-informed decisions and optimize your...

Essential Tips for First-Time Landlords

By Rhode Island Property Management Blog Wednesday, February 14, 2024

Stepping into a landlord role can be challenging for new property owners. However, adopting the best management practices and being consistent with them helps you streamline your rental operation. The more efficient systems you build, the fewer property problems and emergencies ...

How To Conduct a Tenant Walk-through Inspection

By Rhode Island Property Management Blog Wednesday, February 14, 2024

Every landlord wants a rental home in excellent condition no matter how many residents have stayed in the property. An effective way to accomplish this is to perform tenant walk-through inspections. Landlords who take the time to do this step end up with rentals in a better stat...