Property Management Blog

Property and Profits: Tips for Useful Rental Property Accounting

Rental income is treated the same as any other income you earn. This is why understanding deductions is crucial for managing your finances.Consider your property's expenses. This includes mortgage interest, repairs, and insurance, among others. These expenses can lower your t...

What Is the Importance of Balance in Property Portfolio Management?

So, you've decided to jump into the world of real estate investing?The best way to start is to devise a plan for a real estate portfolio. You don't want to wing your portfolio, but you don't want to miss an opportunity to buy a property with good ROI potential. Great ...

How We Screen Your Rental Applicants

If you own rental property in Albuquerque, NM, it's crucial to make sure you're screening all of your tenants before approving their applications. According to statistics, the global tenant screenings market is expected to reach $8.1 billion by 2027.A tenant criminal back...

Credit Checks and Other Useful Tools for Landlords in Albuquerque, New Mexico to Screen a Tenant

New Mexico citizens have an average credit score of 682. That's one of the lowest scores in the United States.That's why a thorough tenant background check is so essential. It's something you should do well before signing a lease agreement with someone.This ensures th...

Investing Tips for Your Rental Analysis for Albuquerque, New Mexico

The Albuquerque real estate market will be as competitive as ever in 2024, experts predict. With potentially lower interest rates, there will be fierce competition and higher home prices overall.Now is a great time to consider real estate investing in the Albuquerque area. Once y...

Why Rental Property Inspections Matter More Than You Think

Do you want to minimize property maintenance costs? That's wise thinking, as upkeep, renovations, and repairs can now cost property owners thousands of dollars.Fortunately, there are several ways to do so, including regular rental property inspections.But how exactly can insp...

3 Big Reasons to Outsource Tenant Screening in Albuquerque, New Mexico

Did you know that outsourcing tenant screening is an effective way to build wealth with real estate?Any real estate investor who wants to start earning money from properties must find out whether someone would make a good tenant. However, taking on this process alone can be quite...

How Section 8 Decides If Your Rent Is Reasonable in Albuquerque, New Mexico

You've discovered what you believe will be the perfect property for Section 8 housing in Albuquerque, New Mexico. You're now ready to make it yours to boost your rental income. Smart thinking.Research shows that over 11,000 households in New Mexico utilize Section 8's...

Difference Between Service, Emotional Support Animals, and Pets

Are you a landlord or a property manager in Albuquerque, New Mexico, wondering if you should allow pets in your rental property? Before deciding, it's important to know the difference between service animals, emotional support animals, and house pets.When creating rules, reme...

Eviction Protection Plans for Your Rental Properties in Albuquerque

Albuquerque is one of the top 100 cities for renters in the USA. The city has low rental vacancies, reasonable rents, and a low unemployment rate.These factors make it a promising prospect for property investors wanting to earn an income from renting houses.Looking at statistics ...