Mt. Bachelor Property Management Blog

How to Grow a Rental Property Business

People invest in rental property for various reasons, including recurrent rental income, property value growth, tax advantages, and investment diversification.Real estate ownership has a lot of potential advantages, but to enhance your chances of success, you should have a plan. If you plan to start a rental property business, continue re...

How to Choose a Property Management Company

If you are familiar with the rental property industry, you will agree that managing your property can be challenging. It is why many rental property owners choose to hire a property management company to help them take care of the day-to-day operations of their rental property.Landlords generally have multiple income streams, resulting in...

What Does a Property Management Company Do?

What Does a Property Management Company Do?Maintaining and owning a rental property is a tough job. Property management companies are the perfect solution for landlords who cannot handle every aspect of their properties.Some people buy rental homes to be active property owners. Many proprietors are successful in taking care of their tenan...

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...