Property Management Blog

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

A report from the Federal Reserve Bank of St. Louis, based on CBRE data, reveals that U.S. office vacancy rates hit 19% in Q1 2024. This surpasses highs from the Great Recession and the COVID-19 recession.Lease negotiations can help reduce commercial property vacancies by helping...

Understanding Commercial Property Insurance: Coverage Options in Raleigh, NCUnderstanding Commercial...

A National Fire Protection Association(NFPA) report shows that fires caused an estimated $23 billion in property damage in 2023.This is just one of the many dangers commercial property owners face. These risks can lead to massive financial losses.However, as a commercial property...

How to Create Long-Term Stability for Your Property Management Company

As mortgage rates climb and housing affordability drops, rental demand in 2024 is surging, particularly for single-family homes built for rent. According to the National Association of Home Builders, construction on these homes jumped by 20% in early 2024.One of the primary drive...

What's Next After Buying Your First Rental Property in Raleigh, NC?

Individual investors own a whopping 70.2% of rental properties, while LLCs and LLPs make up 15.4%, and real estate corporations and REITs account for just 1.2% (U.S. Census Bureau). This statistic highlights the accessibility and appeal of real estate investing; anyone can join t...

Myths About Rental Property Pricing in Raleigh, NC

If you've always wanted to be a landlord in Raleigh, NC, we recommend making this dream a reality. After all, landlords here make quite a hefty income; according to ZipRecruiter.com, they make an average annual pay of $84,693. The highest earners even make upwards of $147,000...

Building Strong Tenant Relations: Enhancing Communication and Satisfaction

According to a blog post by the Business of Story, miscommunication costs U.S. businesses $1.2 trillion yearly. Such losses stem from lowered productivity levels, lost business, and employees quitting, to name a few.The above proves that poor communication doesn't help anyone...

5 Innovative Property Marketing and Advertising Ideas to Boost Sales

Investing in Cary, NC, is wise, as it has recently been named one of the nation's best real estate markets. If you're a property owner in this thriving area, now is the time to take advantage of the market's momentum. But to attract buyers and close deals, you need a ...

Effective Rental Analysis Strategies for Landlords in Raleigh, NC

Have you heard that rent prices in Raleigh have fallen around 1.4% recently, according to Axios?If you're a landlord, you need to carefully assess your Raleigh rental income and property values. This helps you stay competitive in the local market.What should you do to keep yo...

5 Landlord Tips for Managing Rental Property Accounting Records

Accounting errors are incredibly common across businesses and industries, and it's no different in real estate. Managing rental property accounting records correctly is a tough, but important task.Managing records accurately can give you a clear idea of how well your rental i...

Commercial Real Estate in Raleigh: A Primer for Investors and Business Owners

Between 2020 and 2023, out-of-state migrants accounted for 95% of the state's population growth. Raleigh is one of the most popular cities, and many people interested in commercial real estate end up here. This is true for both investors and business owners. Not everyone und...