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Get property management tips and tricks for success from the experts on the All County Property Management blog.
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How to Calculate ROI on a Rental Property
Did you know economists consider real estate one of the best recession-proof investments you can make? This is because real estate investing is a long-term game that isn’t affected by short-term occurrences. However, you shouldn’t just purchase any property that comes your way. Real estate investors know the importance of calculating ROI and assessing a…
All County Property Management
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Do I Need Homeowner’s Insurance for a Rental Property?
Data from the Insurance Information Institute (III) shows that between 2017 and 2021, nearly 6% of insured homes filed a claim on their homeowner’s insurance policy. While 6% doesn’t seem like a high number, the average cost of damage was about $15,000. Homes with fire damage experienced over $80,000 in damages! If you don’t have…
All County Property Management
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Should You Pay Off Your Rental Mortgage or Buy New Property?
Ever found yourself standing at the crossroads of financial decisions, a bundle of rental property keys jingling in your hand? We’ve been there. You’re asking yourself: “Should I pay off my rental property or buy more?” A weighty question. Picture it like a game of Monopoly. You own Boardwalk with some houses – do you…
All County Property Management
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What Exactly Does Landlord Insurance Cover?
If you’re a rental property owner, you probably already know how to set aside a percentage of your rental income to cover general maintenance and repairs. But what are you to do if a storm rolls through and causes extensive property damage? Should you use personal savings, a credit card, or a loan to pay…
All County Property Management
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4 Ways to Create Rental Property Passive Income
Are rental properties a good investment? They certainly can be! The average passive income from a rental property is around 7-8% after expenses and taxes. However, depending on your location, the rental real estate market, and costs, you could see a positive cash flow of up to 15%. Additionally, the more properties you own, the…
All County Property Management
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Tenant Screening: 8 Questions to Ask Renters
Did you know that for-profit rental companies only own a fifth of all rentals in the U.S.? According to data from the 2018 Census, individuals own an overwhelming majority of rental properties, and most only own one or two properties. Yet, these landlords sometimes lack the same resources as rental companies and, thus, may face…
All County Property Management
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Top Tips for Advertising Rental Properties on Social Media
As a property owner, you are always looking for ways to market your property, reach potential tenants, and fill your rental properties quickly. Social media marketing can be an influential tool for rental property owners and managers: approximately three-quarters of American adults have adopted social media, making it an ideal platform for connecting with prospective…
All County Property Management
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How To Buy a Second Home and Rent the First
Building long-term wealth and generating passive income is more achievable than many might think. The strategy and process for how to buy a second home and rent the first are the first steps toward creating a real estate portfolio and establishing a plan for buildable wealth. In this guide, we’ll walk you through the process…
All County Property Management
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What Is Considered Excessive Noise in an Apartment?
And Is It the Landlord’s Responsibility? Excessive noise, or “noise pollution,” can quickly become an escalated problem in rental apartments and have significant consequences. The meaning of “excessive” may vary depending on the setting or context, but it’s essential to familiarize oneself with the causes and how to address them. Furthermore, ignoring this issue could…
All County Property Management
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How to Make More Money From Rental Properties
Are you wondering how to make money from rental properties? Knowing how to choose the right property, set competitive rates, and manage a property effectively is essential for a successful rental property investment. This blog post will explore how you can start making money from rental properties today. Research the Market When it comes to…
All County Property Management
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