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Property Management Blog

Blog Post You Bought a Rental With a Tenant Already In It. Now What?

You Bought a Rental With a Tenant Already In It. Now What?

Buying an occupied rental sounds like winning: day-one cash flow, no vacancy, no lease-up. Sometimes it is. But we take over inherited-tenant properties every month across our portfolio, and the gap between what buyers expect and what they actually acquired is where most of the p...
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Blog Post Keeping a Good Tenant Beats Finding a New One: The Renewal Math Nobody Runs

Keeping a Good Tenant Beats Finding a New One: The Renewal Math Nobody Runs

Every owner wants top-of-market rent. Almost no owner calculates what chasing it actually costs. So let's run the math the industry mostly avoids, because it changes how you think about renewals.Start with what a turnover costs. Industry studies put the average tenant turnove...
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Blog Post The Questions I'd Ask Any Property Manager Before Signing (From Someone Who Answers Them Daily)

The Questions I'd Ask Any Property Manager Before Signing (From Someone Who Answers Them Daily)

I sit on the answering side of these interviews, so consider this a look at the test with the teacher's notes. If you're hiring a property manager in 2026, these are the questions that separate operators from fee collectors. A good company answers all of them without flin...
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Blog Post What I Look For Before Buying a Rental in Waco or Killeen

What I Look For Before Buying a Rental in Waco or Killeen

We manage properties across three states, and when out-of-state investors call about Texas, they usually ask about Austin or Dallas. Then they see the prices. The conversation that follows is how a lot of them end up in Waco or Killeen, and honestly, the numbers explain why.Start...
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Blog Post Why Your Rental Sat Vacant for 90 Days (It Usually Isn't the Market)

Why Your Rental Sat Vacant for 90 Days (It Usually Isn't the Market)

An owner called us last year about a house that had been empty for three months. His conclusion: the market was dead. We got it leased in 16 days without dropping the price. The market wasn't dead. The process was.I'll grant the macro picture first, because it's real....
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Blog Post What I Look For Before Buying a Class B or C Rental in the Triad

What I Look For Before Buying a Class B or C Rental in the Triad

Most investment advice about North Carolina goes straight to Charlotte and Raleigh. Meanwhile the Piedmont Triad quietly does what a rental market is supposed to do: house working people at rents they can pay, near jobs, with entry prices an actual human can underwrite.Some conte...
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Blog Post Self-Managing Your Rental: When It Works and When It Quietly Costs You

Self-Managing Your Rental: When It Works and When It Quietly Costs You

I run a property management company, so you'd expect me to tell you self-managing is a mistake. It isn't always. Roughly half of rental owners still manage their own properties, and some of them are doing it right.Here's when self-managing genuinely works. You own one...
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Blog Post What Property Management Actually Costs in 2026 (And What You Get For It)

What Property Management Actually Costs in 2026 (And What You Get For It)

Let's just put the numbers on the table, because most owners googling this question get vague answers on purpose.The national average management fee in 2026 is 8.49% of collected rent, with most companies landing somewhere between 8% and 12%, according to iPropertyManagement&...
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