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Property Management Blog

How to Maximize Your ROI

Blog Post How to Maximize Your ROI
For all property rental owners, ROI (Return on Investment) is a critical factor. Here are some common strategies used by property management companies to maximize ROI.1. Price Your Rental Property Competitively One of the most important ways to improve your ROI is by pricing your...
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Keeping Accurate Records for Tax Preparation

Blog Post Keeping Accurate Records for Tax Preparation
The IRS requires you to maintain proper records of your rental income and expenses to ensure your income and deductions are accurately reported on your tax returns.Records You Need to KeepYou should keep records of the dates and amounts of rent you have received from tenants, as ...
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Energy Saving Tips for Your Rental Property

Blog Post Energy Saving Tips for Your Rental Property
Saving energy is a great way to cut costs and help the environment. Here are some easy and cost-effective tips to save on utilities in your home or rental property.1. Switch to LED light bulbs: A simple way to start saving on your energy bill is to swap out old light bulbs for en...
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For Rent By Owner: The Advantages and Disadvantages of Renting from a Private Landlord

Blog Post For Rent By Owner: The Advantages and Disadvantages of Renting from a Private Landlord
When searching for an apartment to rent, you may come across a “For Rent by Owner" sign. Typically, a property management company handles apartment rentals, but when you rent from a private landlord, you rent from an individual. Whether you’re rent...
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Before & After Re-Design Project

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Before & After Re-Design Project
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Reasons Why You Should Invest in Idaho’s Real Estate Market

Blog Post Reasons Why You Should Invest in Idaho’s Real Estate Market
When it comes to Real Estate investing it can be very difficult deciding where you will want to invest, whether it be nearby or out of state. Real-estate markets are very hard to predict, but there are few markets that have shown as much steady growth since 2012 than that of the ...
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Benefits of Hiring a Property Management Company

Blog Post Benefits of Hiring a Property Management Company
Owning a rental property can be stressful and overwhelming to handle by yourself. Fortunately, it is not something you have to tackle alone. Hiring the right property management company can get you on the right track, here are a few of the things a property manager can take care ...
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Benefits of Using Property Management Software

Blog Post Benefits of Using Property Management Software
Using property management software can make being a rental property owner much simpler and save you a lot of time. 24k Property Management proudly uses Buildium which is property management software that allows professionals to manage property portfolios, including leasing, accou...
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Becoming an Accidental Landlord

Blog Post Becoming an Accidental Landlord
Finding yourself unexpectedly in possession of a vacant property can be an overwhelming and stressful experience, here are some things you should know if you ever end up in this position.Understand your legal obligations. When you become a landlord, it will be your responsibility...
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How Do I Create an LLC for My Rental Property?

Blog Post How Do I Create an LLC for My Rental Property?
If you already have an existing loan for a property under your name, contact your lender to see if they allow a title transfer to your LLC.  See what requirements they have for allowing a title transfer.  Choose an available business name.  Fill out the Articles of...
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