Property Management Blog

How To Manage Stress for Landlords

Tenant troubles at 2 AM. A burst pipe flooding the basement. An unexpected tax bill landing on your desk. Welcome to the high-stakes world of property management, where stress comes with the territory. But before you consider selling off your real estate empire for a quiet life o...

What's Next After Buying Your First Rental Property?

You've done it. After months of searching, number-crunching, and negotiating, you're finally holding the keys to your first rental property. The ink on the closing documents is barely dry, and you're riding high on a mix of excitement and nervous energy. But as you st...

Top Property Marketing Tips to Attract Tenants in a Tough Cody, WY Market

According to the Kilgore News Herald, Wyoming has a 4.4% rental vacancy rate. As more people find great rentals in Cody, WY, you could struggle to compete. With a strong property marketing strategy, you can ensure your rentals stand out.In time, you can maximize your occupan...

4 Things to Consider When Choosing a Leasing Agent in Cody, WY

According to the financial technology company Flex, only 45% of landlords manage their own rentals. The rest outsource to property management companies. Relying on a leasing only service in Cody, WY can help you remain competitive in today's rental market.Finding leasing...

How to Get Tenants to Renew Leases

Data from Salary.com shows that landlords in Cody, WY, take home an average of $50,844 yearly. The highest earners even make up to $59,367 a year!If you're a Cody landlord yourself but don't earn as much, it may be because you don't get enough lease renewals. You may ...

What Do Landlords Need to Know about Security Deposits?

With its affordable cost of living, thriving community, and proximity to the majestic Yellowstone National Park, it's no wonder Cody is Wyoming's best place to live, according to website StudyFinds.So, if you've recently invested in a rental property here, buckle up, ...

How to Conduct an Effective Tenant Background Check

80 million Americans, or about a fourth of the country, have a criminal record. Of those 80 million, 19 million have felony convictions on their records. Yikes.That's a concerning statistic for anyone, but especially landlords. A typical lease means for twelve months, a viole...

How to Handle Pets in a Rental Property: Essential Guidelines

If you want to become a successful real estate investor and maximize your profits, you need to develop a solid strategy.It's not as simple as buying properties and renting them out. There are a lot of important decisions you need to make, such as whether or not to allow pets ...

Rental Management or Tenant Placement - Which Is Better in Cody, WY?

If you chat with others in real estate circles, you'll encounter plenty of property owners telling impressive tales about how fast they secured a tenant for their rental.When you do, they'll probably talk about tenant placement services. Or they might chat with you about ...

Difference Between Service, Emotional Support Animals and Pets: A Cody Landlord's Guide

It's the start of a new lease, and your tenant arrives with a dog. They claim it's an emotional support animal, yet it lacks any visible identification. Suddenly, you're navigating a maze of questions. What are your rights as a landlord? What are the tenant's righ...