You can make some rental property improvements to add value to your investment, increase the rental price, and attract high quality tenants quickly. Today we’re discussing how to do that inexpensively, and also how to add value on a long term basis. There are easy things you can do to bring in higher rent or create more interes...
If you’re a potential first time investor wondering how to buy rental property, we have some resources and things to think about. These are just some of the basics to get you started on how to buy a rental home.
Objectives in Buying Rental Property
One of the first things you have to decide when you’re buying a...
You can reduce maintenance costs while protecting and growing the underlying asset value of your property. Experienced property managers can help in this regard with their knowledge of how a building should be constructed from the ground up. That’s important because too often a property management company or an owner simply relie...
It’s important to have a good lease, and also to do a periodic rental inspection of your property. These should be done through your Indianapolis property management company, or if you’re self-managing – you need to do a couple of inspections and drive-by inspections so you know what’s happening at your proper...
Today, we’re offering landlord tips through a story about how a property owner who has been renting out a property lost a lot of money by not hiring a professional property management company. Managing a rental property requires a lot of time and knowledge, as this particular situation demonstrates. The subject of our story thoug...
When you're looking for Indianapolis property management, you need to be aware of the fee structures you may encounter and more importantly, the services that go along with those fees. Today, we're talking about what you can expect.
Monthly Management Fee
Everyone is prepared for this fee. It can have a wide range, from six percent per...
You have rented your property and you have a new tenant and they've signed their lease and paid the security deposit - congratulations. What do you need to do now? We are talking today about the move in process and what you need on your landlord move in checklist.
Send a Welcome Letter
You need to step into the move in process. At ES Pro...
When the tenant who has been in your property for a year or longer gives notice that they will be moving out, there’s a process that should be followed. Some companies offer pre-move out inspections, where you can take a look at the home and let the tenant know what needs to be done before the move out inspection is conducted. We...
What do you do when a tenant calls after hours and there’s an emergency? First, you want to find out if it’s really an emergency or if it’s something that can wait until normal business hours. At ES Property Management, we have a process for determining what needs immediate attention and what can wait. Hopefully, thi...
There are several different types of inspections that we do. One rental inspection is the onboarding inspection, which we do when we take on a new property. Another inspection is the tenant move-in inspection and the tenant move-out inspection. Today, we’re going to talk about the mid-year inspection, which we do annually. That&...
