Property Management Blog

Rental Management or Tenant Placement - Which Is Better?

You face challenges with your rental property business. What landlord doesn't? But is it time to seek help from a property management firm?It might be, but you'll have choices. Two common choices are tenant placement services and rental management.Both services help landl...

Things to Consider When Choosing a Leasing Agent

As a property owner, filling your units is one of your highest priorities. You lose money every month that a unit sits unoccupied. And when 41% of properties experience vacancies each year, it's bound to happen sooner or later.That's why being able to find tenants quickly...

Real Estate Trends Affecting Investors in 2024

If you're a New Orleans real estate investor, you're probably crying out for a return to the good old days. After all, last year saw both rents and house prices drop considerably across the area, reversing the gains of previous years.While we cannot tell you what will hap...

Real Estate Portfolio Management: Best Practices in New Orleans

Fifty-three percent of residential real estate investors expect business growth in 2024. One of the best ways to grow your business is to look at your portfolio performance.This means that you need to have a solid understanding of how your investments are doing. You also need to ...

The Dos and Don'ts of HOA Management for Maintaining HOA Home Values

The Dos and Don'ts of HOA Management for Maintaining HOA Home ValuesHomes in HOAs are worth 5-6% more than comparable homes outside of these communities. With such figures, it's easy to see why about 60% of new construction homes in the United States are in HOA communitie...

Understanding HOA Fees: A Guide for Homeowners

Understanding HOA Fees: A Guide for HomeownersIn the United States, there are currently 358,000 neighborhoods managed by a homeowners association (HOA). This amounts to more than 74 million individuals living in an HOA community.There are many advantages to HOAs. These include co...

The New Orleans Real Estate Market: A 2024 Snapshot

Do you dream of making money with property? On average, real estate investors earn between $70,000 and $124,000 per year.The New Orleans real estate market could be your stepping stone to that dream. This post provides a glimpse of what to expect in 2024. When you recognize chang...

Tenant Criminal Background Check in New Orleans: 4 Best Practices

You became a real estate investor to make passive income, but you've heard horror stories about becoming a landlord. Being a landlord is a lot of responsibility and requires you to find the best tenants.Tenant screening can be tedious, but it's worth it to find quality re...

4 Steps to Successful Tenant Screening in New Orleans, Louisiana

The methods by which some people pick their tenants can be puzzling when there are so many great residents available in the New Orleans area. One of the ways people end up with poor occupants is due to having a problematic tenant screening process. Were you aware there was a &quo...

3 Real Estate Investing Tips in New Orleans, Louisiana

Were you aware that New Orleans, famed for its vibrant culture and yearly celebration, is a prime choice for real estate investing? Its unique nature presents great opportunities but comes with its own set of challenges. Do you know what to expect if you invest in real estate in ...