The rental market in Salt Lake City continues to evolve rapidly due to shifting regulations, changing renter expectations, and an increase in weather-related maintenance demands. More than ever, property owners are turning to experienced management teams to ensure their units stay compliant, efficient, and attractive to tenants.
According to a recent LocationSync analysis, local demand for property managers in Salt Lake City has grown as new habitability and energy-efficiency requirements take effect. Renters are prioritizing well-maintained, predictable living environments, and owners are recognizing that expert oversight directly influences long-term occupancy and stability.
What’s Driving the Shift?
Several factors are contributing to the spike in interest:
Regulatory changes are creating new responsibilities for landlords.
Weather patterns are increasing wear on aging buildings.
Tenant expectations for fast response times and modern amenities continue to rise.
Financial efficiency is top of mind as operating costs fluctuate.
Property owners who rely on professional oversight are better equipped to handle compliance, manage repairs proactively, and maintain long-term tenant satisfaction.
Protecting Your Investment in 2025
Salt Lake City is one of the fastest-growing rental markets in the region, and staying competitive means staying prepared. Effective management is no longer optional—it’s a strategic advantage.
To explore full-service rental oversight and guidance, visit ASP Management and learn how professional management protects your investment.
https://aspmanagement.com/wp-content/uploads/2024/07/Property-Management-Company-Salt-Lake-City-1.jpg17072560Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2025-11-23 13:49:092025-11-23 14:24:43Why Utah Property Owners Are Increasingly Turning to Professional Management in 2025
Property management isn’t just something we do at Advanced Solutions Property Management – we live it. Our Business Development Manager, Trent Bray, is the perfect example. A real estate investor for over a decade before joining our team, Trent brings real world experience and empathy to every client conversation.
“I was an accidental landlord,” Trent says, recalling his fix-and-flip days when market timing didn’t always cooperate. “I quickly learned how much it hurts to get those 3:00 AM calls about exploded water heaters. It’s never convenient when these things happen – it’s always during vacations or weekends when you’re trying to relax.”
Those experiences shaped Trent’s approach to client relationships. Instead of focusing on closing deals, he prioritizes solving problems and building real connections. It’s working – in just 6 months with ASPM, Trent is already crushing his growth goals.
The ASPM Advantage
While many property management companies stretch themselves thin across wide geographic areas, we’ve intentionally focused our expertise on Salt Lake County. This allows us to respond faster and have deeper market knowledge.
“We know this market better than our competition because they’re worried about what’s happening north or south of here,” Trent says. “There are many factors at play and we’d be doing clients a disservice by taking properties outside our scope.”
Building Relationships That Last
Trent’s business development approach combines traditional networking with modern techniques. He’s a big fan of using personalized video messages to reconnect with prospects who’ve gone silent.
In one instance, he filmed himself in a prospect’s neighborhood, mentioning he was researching rental pricing in the area. This personal touch resulted in an immediate response and a new client relationship.
“It humanizes the whole situation,” Trent says. “You have to come across as human, so if you screw up – oh well – it just proves you’re human.”
Looking Ahead
As property management professionals who are also investors ourselves, we know what landlords face. We see huge opportunity to help property owners “buy their time back” and gain peace of mind.
Trent puts it best: “Anyone who says there isn’t opportunity in property management right now isn’t looking. If you think about how few people actually use property management services and how much you can help them by doing it – the sky’s the limit.”Get in touch
Are you tired of middle-of-the-night maintenance calls and tenant headaches? Contact Advanced Solutions Property Management today to discover how we can help you regain your time while maximizing your investment returns.
https://aspmanagement.com/wp-content/uploads/2025/05/Advanced-Solutions-Property-Management-Featured-on-‘Strategic-PM-Podcast.jpg6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2025-05-14 11:32:482025-10-05 12:59:01From Accidental Landlord to Property Management Pro: Insights From ASPM’s Trent Bray On The ‘Strategic PM’ Podcast
The screening process during tenant selection is one of the most important parts of property management. Thorough due diligence at the beginning saves you time, money, and headaches later.
As a rental property management company serving Salt Lake County—including Salt Lake City, Murray, Draper, West Valley City and surrounding areas—we’ve helped countless property owners find reliable tenants for their investments.
Your experience as a landlord improves significantly
Many property owners who come to us struggled because they didn’t adequately screen tenants upfront. Don’t make this common mistake.
Use Professional Screening Tools
Modern background screening tools provide property owners with comprehensive information quickly. With just a few clicks, you can access detailed reports about potential tenants.
Require Complete Applications
Make it clear to applicants that their application must be 100% complete. Every field needs an answer – incomplete applications delay the process and may hide important information you need to make decisions.
Review Background Check Results
Once you receive the background check results, examine:
Credit scores and history
Criminal background information
Previous rental history
Employment verification
Remember that imperfect credit doesn’t automatically disqualify an applicant. You can offset risk by adjusting security deposit requirements based on their financial profile.
Consider Professional Help
If tenant screening feels overwhelming, many property management companies (including Advanced Solutions Property Management) offer tenant placement as a standalone service. We can handle the screening process even if you manage the property yourself.
Contact Advanced Solutions Property Management if you have questions about effective tenant screening or property management.
https://aspmanagement.com/wp-content/uploads/2013/11/Smart-Tenant-Screening-For-Salt-Lake-County-Property-Owners.jpg6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2025-05-05 05:11:082025-10-05 13:02:14Smart Tenant Screening for Salt Lake County Property Owners
Managing rental properties means handling significant financial responsibilities. For Salt Lake City property owners, this is especially important as over half of households (56.5%) rent their homes according to an analysis by the University of Utah, with adults under 35 making up the majority (52.7%) of renters in the city.
With the rental market expanding nationwide, property accounting has become increasingly complex. At Advanced Solutions Property Management, we understand that solid financial management is crucial to your investment success. Here’s how partnering with a property management company can transform your accounting processes
1. Streamlined Financial Reporting and Bookkeeping
Property management companies take the burden of day-to-day financial tracking off your shoulders:
We use specialized property management software to track all rental income, expenses, and financial transactions for each property
You’ll receive detailed monthly statements showing your property’s performance and cash flow
Our Client Dashboard gives you 24/7 access to financial statements, monthly summaries, and year-end tax documents
All rent payments are processed smoothly and deposited directly into your bank account
We track expenses down to specific line items (GL codes), giving you granular visibility into your property costs
All your financial data is securely stored and accessible for years to come – even if you sell a property, you’ll still have access to historical financial records
Our scheduled notices, reminders, and follow-up processes help facilitate smooth rent payment processing right into your bank account, eliminating payment delays and improving your cash flow.
2. Tax Preparation and Compliance
Tax season becomes much simpler when your property management team handles the groundwork:
We track all deductible expenses throughout the year, including maintenance, repairs, and management fees
All financial transactions are properly categorized and documented, making tax preparation straightforward
You’ll receive comprehensive year-end financial summaries with 1099 documentation for your tax filing
Remember that property management services themselves qualify as a tax-deductible operating expense for your rental business
You can count on us to maintain all the necessary documentation for inspections, security deposits, Equal Housing Opportunity laws, Fair Housing laws, ADA compliance, and service animal accommodations – all of which have tax and financial implications.
3. Bank Reconciliations and Cash Flow Management
Maintaining healthy cash flow is essential for rental property success:
We handle all monthly bank reconciliations, comparing statements with accounting records to catch any discrepancies
Monthly owner ACH payments are processed efficiently, so you receive your rental income reliably
Our team manages rent collection, security deposits, and disbursements with professional precision
We charge no hidden fees or maintenance markups, so you always know exactly where your money is going
Our detailed financial reports identify cost patterns over time, helping you make informed investment decisions
For example, our expense tracking might reveal recurring maintenance costs that signal it’s time to replace equipment rather than continuing to repair it
Our fee structure is straightforward – we make money when you make money. We charge a competitive rate (8% monthly management) to ensure profitability while providing high-quality service.
“As property owners ourselves, we understand the accounting headaches that come with managing rental investments,” said Bob Mack, Principal Broker and Owner of Advanced Solutions Property Management. “That’s why we’ve developed comprehensive financial reporting systems that give our clients complete visibility into their property performance. Our clients don’t just get basic statements – they receive detailed financial insights that help them make data-driven decisions about their investments. We’ve found that proper accounting isn’t just about tracking dollars and cents; it’s about giving property owners the financial clarity they need to grow their portfolios with confidence.”
The Value of Professional Financial Reporting
DIY landlords often wear many hats – maintenance technician, leasing agent, and accountant. When you partner with Advanced Solutions Property Management, you get a professional accounting team dedicated to your financial success.
Our reporting capabilities include:
Vacancy reports to track occupancy rates
Maintenance expense breakdowns by category
Cash flow summaries for individual properties or your entire portfolio
Customized financial reports based on your specific needs
Inspection reports and detailed work order documentation
As property owners ourselves, we see things from an owner’s point of view and understand the importance of accurate financial management. Our data-driven approach means we don’t operate on hunches – we make financial decisions based on solid information.
When you work with Advanced Solutions Property Management, you’re not just getting a property manager; you’re gaining a partner who treats your investment with the same care they would their own properties.
Ready to take the stress out of property accounting? Fill out the form below for a free rental market analysis:
Free Rental Market Analysis
Attn: Property Owners. Fill this form out if you want to get a market analysis of your property's rental value.
Late rent payments often lead to eviction if not addressed quickly. One of the most important principles in rent collection is consistency. When tenants don’t know what to expect from you, payment problems multiply.
This consistent process helps train tenants to pay on time.
Taking Action on Late Payments
Post the pay or quit notice immediately after rent becomes late. This signals to tenants that you take payment deadlines seriously. Without consistency from you, tenants won’t develop consistent payment habits.
When deciding whether to proceed with eviction, consider this fact: if a tenant passes the mid-point of the month without paying, about 80% won’t catch up financially. While some tenants might eventually pay back rent plus next month’s payment, statistics show most won’t recover.
The Eviction Process
Once payments stop, take these steps:
Contact the tenant immediately
If they don’t respond, move forward with eviction
Work with an attorney who specializes in evictions
Let the attorney handle the legal process efficiently
Evictions aren’t pleasant, but with clear processes and consistent enforcement, they become more manageable.
Remember that consistency is your most powerful tool for collecting rent and preventing the need for evictions. For questions about handling late payments or navigating the eviction process, contact us at Advanced Solutions Property Management.
https://aspmanagement.com/wp-content/uploads/2013/11/A-Landlords-Guide-To-Dealing-With-Late-Rent-Payments-And-Eviction.png6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2025-04-14 06:36:212025-10-05 13:04:35A Landlord’s Guide To Dealing With Late Rent Payments And Eviction
Abandonment happens when tenants leave your property without notice, usually when they stop paying rent. There are two types of abandonment situations and we’ll go over how to handle each one according to Utah law.
After three days you visit the property to check occupancy since the tenant hasn’t paid or contacted you
After knocking and getting no response you enter with your key
You find the tenant’s belongings still there but signs they haven’t been living there recently (like rotten food)
In this case you must follow the 15-Day Abandonment process:
After 15 days post an Abandoned Premise form on the door
This gives the tenant 24 hours to get their belongings
If their belongings remain after 24 hours you can remove them
What to do with abandoned personal property in a Salt Lake City rental property
When tenants leave belongings behind after abandoning your rental property you must follow specific rules to stay compliant with Utah law. Here’s what to do:
Step 1: Document Everything
Take dated photos of all abandoned items
Create a detailed inventory list of everything left behind
Record the condition of each item
Have a witness present if possible
Step 2: Written Notice* Send the notice to the tenant’s last known address
Post a copy on the property door
Include in the notice:
Itemized list of property
Where the property is stored
That storage costs may apply
Deadline to retrieve property (30 days)
Your contact information
Step 2: Store the Property
Move the property to a secure location
Keep the property in reasonably safe condition
Separate valuable items (electronics, documents, jewelry)
Store for the full 30 day period
Step 3: Handle Retrieval Requests
If the tenant contacts you to get their property:
Arrange a reasonable time for pickup
Verify their identity before releasing the property
Have them sign for the property
You can charge reasonable storage and moving costs
Step 4: After 30 days
If the property is still unclaimed after 30 days:
Items of obvious value: You can sell at a public sale
Items of minimal value: You can dispose of or donate
For sales:
Apply proceeds first to costs of storage and sale
Apply any remaining funds to unpaid rent/damages
Hold any excess funds for the tenant for 90 days
Step 5: Documentation after Disposal
Keep records of:
How you disposed of each item
Any money received from sales
Receipts for storage costs
Documentation of donation if applicable
Step 6: Special Considerations
For personal documents: Store or return to tenant
For medications: Dispose of at a pharmacy collection point
For hazardous materials: Follow local disposal regulations
By following these steps you will be compliant with Utah Code § 78B-6-816 and manage abandoned property situations effectively.
https://aspmanagement.com/wp-content/uploads/2014/07/Dealing-with-Abandonment-in-Your-Salt-Lake-City-Rental-Property.jpg6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2025-03-09 05:35:232025-10-26 15:22:43Dealing with Abandonment in Your Salt Lake City Rental Property