Entries by Bob Mack

Do I Need a Property Management Company?

Real estate is a great investment. However, it is important to understand that real estate in and of itself is anything but passive income. In order to generate passive income from a real estate investment it is crucial that you hire an effective property management company in Salt Lake City.  Real Estate Investments as Passive […]

How To Hire A Great Property Manager

Did you know that 44.1 million American households are renters, according to the National Multifamily Housing Council? Most people who own any type of rental property, from commercial spaces to rental homes, find that hiring a property manager becomes necessary. Hiring the right manager for your property can be a make or break decision.  What […]

Why You Should Treat Your Rental Property Like A Business

Managing your rental property may not be your primary job, but it is still a business and a source of extra income. It’s important to remain professional with your tenants, keep your finances intact, and perform a thorough tenant screening prior to renter move in. In order to conduct good business, you need to comply […]

How To Set The Right Rent Price

To set the right rent price, we recommend researching your market to learn what the fair market rent price is in your area. Pricing your rental at the rent price that makes sense in your location can mean the difference between vacancies and attracting good tenants so you can rent your property quickly. You can […]

2015 Salt Lake City Rental Market Forecast Investor’s Guide

Today, we’re talking about the rental market forecast for 2015 in the Salt Lake City valley. Anyone who lives in the area simply needs to look around and it’s easy to notice all of the cranes. Those cranes are constructing a number of multi-unit buildings. That’s good if you’re looking for a rental but not […]

How to Handle Security Deposits in Your Rental Property

There is a new law in 2014 that affects how landlords are required to handle security deposits in Utah, so you’ll want to forget everything you knew before and focus on what is currently required. Now, you have 30 days to send the security deposit back to your tenant. If they aren’t getting the security […]