Property owners have two main ways to advertise rentals: yard signs and online listings. While online advertising delivers better results, it also attracts scammers.
These scammers copy legitimate rental ads and change the contact information to their own. They then collect fake deposits from potential tenants, claiming they’ll mail the keys afterward. While experienced landlords recognize these scams, many prospective tenants fall victim to them.
Each scam costs you a potential tenant and their deposit. It redirects people who should be renting from you to criminals instead.
At Advanced Solutions Property Management, we prevent this by adding watermarks to all property photos. Our website URL appears across the middle of each image – visible enough to prevent theft but not so dark it obscures the property details. This stops scammers from reusing the photos in fake listings.
While scammers will always try new tactics, watermarking your photos is an effective first defense against rental fraud. It protects both your business and potential tenants from deposit theft.
With 65 years of combined property management experience, our team brings expert market analysis, proven tenant screening, and systematic property management to protect your investment. As property owners ourselves, we handle every decision from an investor’s perspective. Contact Advanced Solutions Property Management to secure your rental listings and maximize your ROI through our data-driven management approach.
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Utah law requires landlords to handle security deposits within specific timeframes and follow clear procedures. Here are the key requirements:
You now have 30 days to return the security deposit to your tenant. If they aren’t getting the security deposit back, you’ll need to send a letter explaining why. The deposit or the letter has to go to the last known address. In the past, you had to wait for the tenant to provide you with a forwarding address, but now you cannot wait.
When your tenants move out without giving you a forwarding address, the last known address you’ll be sending the deposit to is probably the address of your property or unit where they had been living. You might send it and get it returned to you. If that happens, just file it until you do get a forwarding address.
There are essentially three types of letters you can send, and your tenant will get one of these three. The first type of letter says “congratulations, you’re getting your whole security deposit back.” You’ll include the check with that letter. The second type of letter will say “congratulations, you’re getting most of your security deposit back, but there was some damage to the property, and this is what we kept.”
The third type of letter will explain that the charges for damage exceeded the amount of the security deposit and you’ll be pursuing legal action to recover the rest of what is owed.
If tenants don’t receive their deposit back, they have to send you a notification in writing. This is also a change. They have to give you a forwarding address and let you know they are requesting their security deposit. Once they notify you, get that deposit back right away. In the state of Utah, you will be penalized for not getting that deposit back to them. You’ll need to refund their full deposit plus a $100 fee.
Also, if they take you to court and win, you’ll be responsible for their legal costs. That’s not something you want to deal with, so send back that deposit on time.
The changes in laws regarding security deposits can be hard to keep up with. Contact our SLC Property Management office today, and let us help you with security deposits in your rental property.
https://aspmanagement.com/wp-content/uploads/2014/08/How-To-Handle-Security-Deposits-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 Management2024-12-08 04:18:232025-08-26 11:48:49How To Handle Security Deposits In Your Rental Property
In today’s dynamic real estate market, protecting your rental property investment has never been more crucial. According to 2024 data from Zillow, rent prices have increased by 3.4% compared to the previous year, highlighting not just the increasing value of rental properties, but also the heightened importance of protecting these valuable assets through professional management.
The initial inspection is key to protecting your property. For every new lease we conduct a thorough inspection using a standard form to document the property. This documentation holds tenants accountable for the property during their tenancy. We do this inspection with the tenant so both parties can note any items that need attention. This process provides written documentation for future reference and helps tenants know what their responsibilities are.
Drive-By Inspections
We enforce lease compliance by doing monthly drive-bys of each property. During these exterior checks we look for any red flags, such as too many cars in the driveway or aluminum foil on the windows. Most times we find nothing, but when we do we take action immediately. If we find concerns we post a 24 hour notice and do an interior inspection. We rarely find serious issues but this proactive approach allows us to address any problems as soon as possible.
Internal Inspections
Unlike most property management companies we do annual internal inspections in the spring or fall. These visits include a 40 point inspection of the property. We look for evidence of tenant care and identify any damage or needed repairs or replacements. We check for leaks and assess normal wear and tear. Our regular presence in the property encourages tenants to take care of your investment.
Move-Out Inspection
When a lease ends we do a detailed exit walk-through using the same form from the move-in inspection. We assess the property to determine any security deposit deductions. Common deductions are carpet cleaning and exterior maintenance needs. This process ensures consistent tenant accountability.
Get Professional Protection for Your Investment
With over 65 years of combined experience, Advanced Solutions Property Management has developed these inspection protocols to protect your valuable investment while maximizing returns. Our systematic approach means nothing is left to chance.
Ready to protect your investment with professional property management? Contact us today to learn more about our comprehensive property management services.
Let us show you how our professional inspection processes can help preserve your property’s value while providing peace of mind.
https://aspmanagement.com/wp-content/uploads/2015/05/How-a-property-manager-protects-your-investment.png6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2024-11-10 03:39:272025-08-26 11:48:49How A Property Manager Protects Your Investment
Utah has been in the midst of a heat wave recently, but with temperatures about to change, it’s soon going to really feel like fall. That means it’s the ideal time to start preparing your rental property for colder weather. Here are 57 things you can do to get your investment home ready for winter.
If this seems overwhelming, reach out to us to see why ASPM is a top rated rental management company in Salt Lake City.
Exterior Maintenance
1. Inspect the roof for damaged or missing shingles: Regular inspections help prevent leaks and damage from winter storms.
2. Clean gutters and downspouts: Clearing debris ensures proper drainage and prevents ice dams.
3. Trim tree branches away from the roof and power lines: Trimming reduces the risk of branches breaking and causing damage during winter storms.
4. Check for cracks in exterior walls and seal them: Sealing cracks prevents cold air and moisture from entering the home.
5. Add exterior wall insulation if needed: Improved insulation enhances energy efficiency and tenant comfort during winter.
6. Inspect and repair window and door frames: Ensuring frames are intact prevents drafts and heat loss.
7. Caulk around windows and doors: Proper caulking minimizes air leaks, improving energy efficiency.
8. Install storm windows and doors: These provide an additional barrier against cold winds and snow.
9. Drain and store outdoor hoses: This prevents freezing and cracking during cold weather.
10. Shut off outdoor water valves and insulate spigots: Protecting plumbing from freezing temperatures reduces the risk of burst pipes.
11. Drain sprinkler systems and outdoor fountains: Emptying these systems prevents freeze damage.
12. Clean and cover outdoor furniture: Protecting furniture extends its lifespan against harsh weather conditions.
13. Inspect chimney and clean if necessary: A clean chimney ensures safe fireplace operation during winter use.
14. Check exterior paint and touch up as needed: Maintaining paint protects surfaces from moisture damage.
15. Secure loose siding or trim: Repairing loose sections prevents further damage from wind or snow.
Yard and Landscaping
16. Trim the shrubs: Pruning helps prevent damage from heavy snow accumulation on branches.
17. Remove dead plants and debris from flower beds: Cleaning up encourages healthy soil conditions for spring growth.
18. Aerate and fertilize the lawn: This prepares the lawn for healthy growth when spring arrives.
19. Mulch garden beds for insulation: Mulching protects plant roots from extreme cold temperatures.
20. Wrap delicate plants and shrubs: Insulating vulnerable plants helps them survive harsh winter conditions.
21. Store outdoor planters: Proper storage protects planters from freezing temperatures.
22. Clean and store lawn equipment: Regular maintenance ensures equipment is ready for use in spring.
23. Prepare snow removal equipment: Ensuring shovels, salt, or snow blowers are in good condition allows for efficient snow management.
Plumbing and Pipes
24. Insulate exposed pipes: Insulation prevents freezing, reducing the risk of costly repairs due to bursts.
25. Check for leaks and repair as needed: Addressing leaks early helps prevent water damage during winter months.
26. Drain water heater to remove sediment: Regular maintenance improves efficiency, ensuring hot water availability when needed most.
27. Insulate hot water pipes: Insulating these pipes reduces heat loss, saving energy costs.
HVAC System
28. Schedule professional HVAC inspection and maintenance: Regular servicing keeps heating systems running efficiently through the cold months.
29. Replace furnace filters: Clean filters improve air quality while enhancing system efficiency.
30. Clean air ducts: Clearing ducts promotes better airflow, improving heating distribution throughout the property.
31. Test thermostat for accuracy: Ensuring accurate readings helps maintain consistent indoor temperatures.
Energy Efficiency
32. Add attic insulation if needed: Proper insulation minimizes heat loss through the roof, reducing heating bills significantly.
33. Seal air leaks around windows and doors: Addressing leaks improves energy efficiency by preventing drafts.
34. Install programmable thermostats: These devices allow tenants to manage heating schedules efficiently based on their routines.
35. Reverse ceiling fan direction: Running fans clockwise pushes warm air down, enhancing heating effectiveness without additional energy use.
36. Install insulating curtains or blinds: These window treatments help retain heat indoors while adding an aesthetic touch.
Safety Measures
37. Test smoke and carbon monoxide detectors: Regular checks ensure these devices function properly, protecting tenants from hazards.
38. Replace batteries in detectors: Fresh batteries guarantee continuous protection against fire or gas leaks throughout winter.
39. Check fire extinguishers: Ensure extinguishers are accessible, charged, and ready for emergencies that may arise in colder months.
40. Clear space around furnace: Maintaining clear areas around heaters prevents fire hazards while ensuring efficient operation.
41. Inspect electrical outlets and cords: Check for signs of wear or damage to prevent electrical fires during increased usage.
Interior Maintenance
42. Clean and inspect fireplace: Ensuring fireplaces are clean promotes safe usage during cozy winter evenings with tenants.
43. Check for drafts and add weatherstripping: Weatherstripping reduces drafts effectively while enhancing comfort levels indoors.
44. Inspect basement for moisture issues: Addressing moisture problems now prevents mold growth that can affect tenant health later on.
45. Clean dryer vents: Regular cleaning prevents lint buildup that poses fire risks associated with dryer usage during winter laundry days.
46. Lubricate door hinges and locks: Ensuring smooth operation of doors helps maintain security while preventing wear over time.
Tenant Communication
47. Provide winter maintenance instructions to tenants: Clear guidelines help tenants understand their responsibilities in maintaining the property during winter months.
48. Remind tenants about maintaining minimum heat levels: Encouraging tenants to keep their homes heated prevents frozen pipes that could lead to significant damage.
49. Inform tenants about snow removal responsibilities: Clarifying who manages snow removal helps avoid misunderstandings during heavy snowfall periods.
50. Provide emergency contact information: Ensuring tenants have access to emergency contacts fosters a sense of security during adverse weather events.
Emergency Preparedness
51. Create an emergency winter kit: Stocking essentials prepares everyone for unexpected situations during storms or power outages.
52. Stock up on ice melt and sand: Having these materials on hand facilitates safe walkways around the property during icy conditions.
53. Have a backup power source ready: Generators or battery packs provide peace of mind in case of power outages caused by severe weather conditions.
54. Know how to shut off water main in case of pipe burst: Familiarity with this process allows for quick action to minimize damage if a pipe freezes or bursts.
Professional Services
55. Arrange for gutter cleaning service: Hiring professionals ensures gutters remain clear of debris throughout winter months, preventing ice dams that can cause extensive damage later on.
56. Set up snow removal service if applicable: Having a reliable service ready ensures safe access around the property for tenants during heavy snowfall periods.
57. Schedule professional energy audit: An audit identifies areas where energy efficiency can be improved, benefiting both costs and tenant comfort.
We have seasonal maintenance checklists below:
https://aspmanagement.com/wp-content/uploads/2024/10/57-Ways-To-Prepare-Your-Salt-Lake-Rental-Property-for-Winter-A-Landlords-Checklist.png6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2024-10-17 06:45:282025-08-26 11:49:1857 Ways To Prepare Your Salt Lake Rental Property for Winter: A Landlord’s Checklist
When you’re moving out of town or having trouble selling your home you face a common conundrum: should you rent it out, or sell it? Let’s look at this question and the pros and cons of each.
Building Long Term Wealth
If you want to build wealth over time holding onto your property is usually the better strategy. Here’s why:
Holding onto your property allows you to add value to your assets.
Renting out your home can help pay your mortgage and earn rental income.
Your property will likely increase in value over time.
Selling should only be considered when you need immediate cash flow. If you need quick access to funds selling your property can be a good solution. But for long term wealth creation holding onto your property and renting it out is usually the better option.
The Problem of DIY Property Management
Many homeowners are hesitant to be landlords because of the perceived headaches of dealing with tenants. If that’s your main concern there’s a solution: professional property management.
An uninhabitable property or non-paying tenants can escalate your expenses fast
Hiring a property manager is usually more cost effective than trying to manage a property from afar. They can provide the local presence and expertise to keep your investment profitable.
Every homeowner’s situation is different. What’s best for one person may not be best for another. By considering your long term financial goals and personal situation you can make an informed decision whether to rent or sell your Salt Lake City home.
https://aspmanagement.com/wp-content/uploads/2015/06/Moving-Out-of-Salt-Lake-City-–-Should-You-Rent-or-Sell.png6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2024-10-17 05:17:532025-08-26 11:48:50Moving Out of Salt Lake City – Should You Rent or Sell?
If you’re a rental property owner here in Salt Lake City, there’s a good chance you’re interested in learning how to increase your return on investment. This means profitability for you, and also making sure that managing the properties is efficient and effective. In this guide, we’ll look at 6 strategies that you can implement to get the most out of your rental property’s profitability.
1. Hire a property manager
You might be thinking, “What a coincidence that a blog post on a property management company’s website is telling me to hire a property manager!”. Yes there’s definitely a reason why we put this point first on the list. There are a few reasons why we believe property management services can benefit your portfolio, including expertise in Salt Lake’s rental market, legal compliance, maintenance coordination and tenant screening.
Our experience managing rental homes can help you avoid mistakes that can eat into your profits, and ultimately make sure your property is efficient by reducing vacancy rates and increasing your rental income.
2. Screen your tenants carefully
It goes without saying that if you have low quality tenants in your property, it can impact your income stream and your property’s value. This is why it’s important to have a comprehensive tenant screening process that includes rental history, references, employment verification and a credit check.
Responsible tenants in your rental can reduce the risk of property damage, late payments and evictions, which all impact your return on investment.
3. Reduce tenant turnover
Reducing tenant turnover is a big factor in your ROI. Every time you have a tenant move out, you’re looking at cleaning costs, repairs and marketing the property to get new renters in. Plus if the property is sitting vacant, you’re losing out on rental income. Make sure you’re keeping good tenants in the property longer by responding to their maintenance needs quickly, and even offering incentives for longer term leases and renewals.
4. Adjust your rental rates
What are the market trends in Salt Lake, and should you be adjusting your rental rates accordingly? This should include reviewing comparable properties in the area to ensure your rates are competitive, and looking at broader economic factors like interest rates which can impact demand.
Of course you’ll want to be fair with your rental rates, but consider increasing rent when it’s justified by improvements to your property or overall market conditions.
5. Invest in property upgrades
You’d be surprised at how strategic updates to your property can attract better tenants and even justify higher rental rates. Improvements like updating the kitchen and bathroom, adding a washer and dryer, landscaping and energy efficient appliances can make your property more appealing and also lower maintenance costs.
6. Protect your asset with regular inspections
Start with an initial walk through. When you lease your property, document the condition of the property so you can hold the tenant accountable for keeping the property in that condition. Everybody is on the same page. Then we recommend enforcing the terms of the lease by conducting monthly drive-by inspections, spring and fall internal inspections, and an end-of-lease move out inspection. This is where we make any necessary deductions from the security deposit.
https://aspmanagement.com/wp-content/uploads/2024/09/How-to-Maximize-Your-Rental-Propertys-ROI-in-Salt-Lake-City.png6281200Advanced Solutions Property Managementhttps://aspmanagement.com/wp-content/uploads/advanced-solutions-property-management-salt-lake-city-utah-.pngAdvanced Solutions Property Management2024-09-22 07:34:402025-08-26 11:49:17How to Maximize Your Rental Property’s ROI in Salt Lake City
