Mt. Bachelor Property Management Blog

How to Start a Rental Property Business

Starting a rental property business can be a profitable and rewarding endeavor. However, it's important to have a solid plan and strategy in place to ensure success. In this blog post, we'll explore the steps you can take to start your own rental property business.Step 1: Define Your GoalsBefore you start your rental property busi...

Housing Market Predictions 2023

There have been ups and downs in the housing market for quite a few years, and if you are one of those people thinking of buying and selling in 2023, you need to give it some thought, undoubtedly. You may have no idea about the challenges you must go through during the entire buying and selling process, but you need to be vigilant en...

Renting vs. Selling Property

If you have a new job, want to move, or have the chance to buy your dream home, you may have to decide whether to sell or rent your property. If you choose to rent, your tenant may become a new source of revenue for you. However, if you sell, you can use the equity to subsidize the cost of your new house.When a homeowner entirely relocate...

Self-Management vs. Property Manager

Investors who self-manage their real estate properties have become more prevalent in recent years. According to the Census Bureau, only 63% of Americans own a home. From a peak of nearly 69% in 2004, this has decreased. Of these, one in three will try to self-manage their property because they believe it is simple and eliminates the need ...

How Does Rental Property Affect Debt-to-Income Ratio?

If you’re exploring property investment loans, there’s one calculation you’ll run across repeatedly— the debt-to-income ratio (DTI), which shows how much income is expected from the investment vs. how much debt you will incur to purchase it.Measuring debt to income is helpful when researching rental properties and ...

Best Door Locks for your Rental Property

Let’s talk about locks! Landlords don’t just need locks to secure their properties – locks also serve as an important method of access control for workers, preparing properties for new tenants, and much more. Today’s locks can also come packed with technology for gathering information, getting alerts, and other use...

Types of Rental Properties: Which is Right for You?

When discussing property investments, sooner or later the time comes to look at specific kinds of property and decide what’s right for you. Different types of rental properties can have different associated costs, may appeal to different tenants, and will have different timelines and expected rates of return. Narrowing down which ki...

How to be a Landlord

Are you interested in renting out a property for the first time? It’s common to have lots of questions about how to be a landlord – and what you may need to get started. Managing a property comes with an abundance of landlord responsibilities. Partnering with a property management service can be a helpful step (and we’ll...

How to Secure a Rental Property

If security concerns are on your mind these days, you aren’t alone: Landlords in many areas are showing more interest in new security measures and making a note to double-check their properties. At Mt. Bachelor Property Management, we’ve helped many property owners find the security services that they need – but sometime...

15 Tips for Improving Your Home’s Curb Appeal

“Curb Appeal” is that all-encompassing phrase used to describe the front of the home as seen at first glance by potential tenants or buyers. The reason it gets talked about so much is that what people see when they first walk up to a house has a significant impact on whether or not they want to live there. Even small details m...