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Property Management Blog

Blog Post How to Build Strong Relationships with Your Tenants

How to Build Strong Relationships with Your Tenants

By R&B Legacy PM Saturday, December 14, 2024
As a property owner, one of the keys to maintaining a successful rental property is fostering strong, positive landlord-tenant relationships. Whether you’re managing multifamily housing, single-family homes, or retail properties, happy tenants are more likely to renew their...
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Blog Post Do I Need Property Management for a Multifamily Rental Property?

Do I Need Property Management for a Multifamily Rental Property?

By R&B Legacy PM Thursday, November 21, 2024
Multifamily real estate offers advantages over single-family homes, as these properties allow you to have more tenants, increasing your rental income. However, managing such properties effectively requires considerable time, knowledge, and expertise. This leads to a common questi...
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Blog Post Finding the Right Financing Option for Multifamily Property in Burlington

Finding the Right Financing Option for Multifamily Property in Burlington

By R&B Legacy PM Thursday, November 7, 2024
Investing in multifamily property in Burlington is a good opportunity for real estate investors looking to generate rental income and build long-term wealth. Unlike single family homes, multifamily buildings offer an advantage: you can house more than one household under one roof...
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Blog Post How Do You Calculate Prorated Rent in Burlington?

How Do You Calculate Prorated Rent in Burlington?

By R&B Legacy PM Monday, October 28, 2024
Do you have a renter who won't be there for an entire month?Calculating prorated rent helps ensure that both tenants and landlords are treated fairly. It's an essential practice in the Burlington rental market.What should property managers know about prorated rent? Read o...
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Blog Post Why Should I Look into Hiring a Property Manager in Burlington?

Why Should I Look into Hiring a Property Manager in Burlington?

By R&B Legacy PM Monday, October 14, 2024
Has running your own North Carolina rental property business been tiring?Owning a rental property in Burlington can be a brilliant investment. However, managing it on your own can be challenging, which is why getting property management assistance could be wise.These companies of...
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Blog Post Evictions Explained: Key Insights for Burlington Property Owners

Evictions Explained: Key Insights for Burlington Property Owners

By R&B Legacy PM Saturday, September 28, 2024
Real estate investing can be profitable, but it can also be stressful. You must enter one of your rentals to find doors off hinges or trash in the yard, or you might look at your finances to see that some of your tenants are months late with the rent.That's why tenant evictio...
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Blog Post 5 Key Metrics for Effective Rental Analysis in Burlington

5 Key Metrics for Effective Rental Analysis in Burlington

By R&B Legacy PM Saturday, September 14, 2024
Numbers are everything when it comes to any financial investment, and that's true for real estate, too. A firm grasp of your figures can tell you much about where you need to improve and how to make more profit.If you want to conduct a rental analysis on your property portfol...
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Blog Post Credit Checks and Other Useful Tools for Landlords in Burlington to Screen a Tenant

Credit Checks and Other Useful Tools for Landlords in Burlington to Screen a Tenant

By R&B Legacy PM Wednesday, August 28, 2024
A thorough tenant background check is the best way to get great tenants if you're a landlord in the Burlington area. These background checks should answer several questions to determine which potential tenants are worth pursuing.If you're interested in learning more about...
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Blog Post How to Keep Great Tenants in Your Burlington Investment Property?

How to Keep Great Tenants in Your Burlington Investment Property?

By R&B Legacy PM Wednesday, August 14, 2024
As a property owner in Burlington, you've just received notice that your long-term, reliable tenants are moving out. This news highlights the importance of tenant retention for your investment's success. How can you ensure your next tenants will be just as great and want ...
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Blog Post Tips to Attract Tenants in a Tough Burlington Market

Tips to Attract Tenants in a Tough Burlington Market

By R&B Legacy PM Sunday, July 28, 2024
According to the most recent data, just under one-half of North Carolina renters struggle to afford their monthly rent. The knock-on effect of these kinds of conditions is that property owners also find filling vacancies difficult.Fixing this problem is not always as simple as as...
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