Salt Lake City Property Management Blog

Selling a Rental Property With Tenants in Place: A Quick Guide

It's no secret that homes are selling like hotcakes in the Salt Lake Valley. Following the boom that began during the pandemic that shows no sign of abating, the average price for a home in the region looks set to surpass $1 million in just a few short years (according to Sma...

Master Rental Property Accounting in Simple Steps

You own a handful of rental properties, each bringing in steady income. But when tax season rolls around or a tenant has a question about their payments, you find yourself sifting through spreadsheets, old emails, and scraps of paper to track down every last dollar. What should b...

Maximize Efficiency with Rent Collection Strategies

It's the first of the month, and rent is due. You're expecting payments to roll in smoothly, but instead, you're getting the usual mix of delays, excuses, and partial payments during rent collection. You've sent reminders, issued warnings, and even tried working w...

How to Get Tenants to Renew Leases in Murray, UT

Lease renewals are more crucial than ever for property owners in Murray, UT. With lease renewal rates hitting 62% this year, up from 60.5% during the peak season of 2023, according to Rental Housing Journal, it's clear that renters are choosing stability over change. Fewer ne...

What Do Murray, UT Landlords Need to Know about Security Deposits?

Are security deposit disputes leaving you feeling unsettled? Many landlords and real estate investors in Murray, UT, grapple with challenges ranging from ambiguous regulations to contentious deductions with tenants.What's considered reasonable? What isn't? If you're l...

Essential Commercial Property Maintenance Tips in Murray, UT

Last year, businesses across the U.S. spent over $153 billion on commercial property maintenance according to Grand View Research. Why is this spending so high? It's because maintaining a property's value, ensuring tenant satisfaction, and avoiding expensive repairs is no...

5 Essentials for Accurate Commercial Property Valuation in Murray, UT

Last year alone, the total dollar volume of commercial real estate transactions in the U.S. reached $647 billion according to The Motley Fool. With this kind of money on the line, an accurate commercial property valuation in a market like Murray, UT can make all the difference in...

Effortless Rental Analysis: Key Steps for Success in Murray, UT

52% of the Salt Lake City area's housing is renter-occupied.If you're looking to invest in a rental property in Murray, there's a lot you need to consider. You'd be remiss to purchase something without first performing a thorough rental analysis to determine wheth...

Top 5 Tips for Accidental Landlords in Murray, UT

A lot has been made about the prevalence of accidental landlords in the US.Some property owners become landlords instead of letting go of favorable mortgage rates, while others inherit property they can't sell. Whatever the reason is for your being a landlord, all you can do ...

Benefits of Online Portals for Owners and Tenants in Murray, UT

There are a lot of ways to make money from real estate, and rental properties are among the most popular.As a landlord, you have plenty of options in terms of how you manage your properties in Murray, UT. Embracing the latest technologies can make things much easier, and tenant p...