4 Tips for Improving Your Tenant Placement Process

4 Tips for Improving Your Tenant Placement Process
Did you know that the rent in Albuquerque, New Mexico shot up to almost double the national average in 2021?Rental properties are still a strong way to make a living. The key is to hone your tenant placement process so that it's much more efficient. If you neglect to improve ...

Your Guide to Smooth Rent Collection Every Time

Your Guide to Smooth Rent Collection Every Time
Did you know that 15% of tenants in the States are behind on rent?As a landlord, rent collection can be a hassle. You have to constantly keep track of when rent is due, remind tenants, and then follow up if they don't pay on time. Plus, you run the risk of tenants not paying ...

5 Questions to Ask Prospective Property Maintenance Companies

5 Questions to Ask Prospective Property Maintenance Companies
Did you know that Albuquerque is one of the most expensive cities in the States? This is because more and more people are moving to this great city, which means that it is a great place to invest in real estate.However, with these opportunities comes quite a bit of work. A great ...

Why You Should Secure Long-term Tenants for Your Rental Property

Why You Should Secure Long-term Tenants for Your Rental Property
In the United States, the average length of stay for a tenant in a multi-family building is a little more than 2 years (27.5 months). This varies by region, with renters in the northeast typically staying in a rental property for longer (average 32.9 months), compared to ren...

4 Benefits of Partnering With a Property Management Company in 2023

4 Benefits of Partnering With a Property Management Company in 2023
There are approximately 10 to 11 million individual investor landlords in the United States. These landlords manage an average of 2 properties each. Being a landlord comes with a host of benefits including an additional revenue stream, though it can also be a challenging job.For ...

Implementing Rent Increases: Tips for NM Landlords

Implementing Rent Increases: Tips for NM Landlords
Did you know that a whopping 40% of people in Albuquerque, New Mexico rent instead of own?If you manage one or more properties, then it's important to stay on top of the cost of the rent. The last thing you'd want to do is get taken advantage of by having rent that's ...

What Is the Eviction Process In New Mexico?

What Is the Eviction Process In New Mexico?
New Mexico is home to over 250,000 renter households. Since 2020 there have been about 24,000 evictions in total.While evictions might not be a common occurrence in New Mexico, it's important for property investors to know that they can rid themselves of a bad tenant when the...

Real Estate Investing: Market Conditions in Albuquerque, NM

Real Estate Investing: Market Conditions in Albuquerque, NM
The real estate market in Albuquerque, New Mexico has taken off in the past two years. But it's starting to cool down thanks to rising interest rates.In fact, the median listing home price in the metro area has increased by more than 17 percent in the past year. High home pri...

Things Property Managers Can Do To Create Financial Freedom

Things Property Managers Can Do To Create Financial Freedom
More than 10.6 million people earn money from rental properties, but many wish they could make money faster. In other words, many rental property owners long for financial freedom.Can you relate? Do you want financial freedom with your rental properties faster? The good news...

The Profit-Boosting Benefits of Rental Property Management

The Profit-Boosting Benefits of Rental Property Management
Now's a good time for investing in a rental property, as low supply and high demand push rentals to all-time highs across the United States.As a savvy investor, you're likely considering the most profitable way to take advantage of this situation. You may wonder if y...
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