By Innovation Property Management Inc - Friday, September 23, 2022
Are credit score woes keeping you down? If you have a poor credit score, it could be more frustrating and keep you from a car or house loan or the rental unit you want. And while it's possible to get an investment property loan with bad credit, it's much harder and costs ...
By Innovation Property Management Inc - Friday, September 16, 2022
What is a Mortgage? A mortgage is defined as the type of loan used to purchase or maintain a home, land or other essential real estate complexes.The borrower is simply taking a loan against a property they wish to purchase. He/she is agreeing to pay the entire loan back to t...
Why Hire a Property Management Company and What Should I look For?
By Innovation Property Management Inc - Friday, September 9, 2022
Rental properties are a worthwhile investment, but being a landlord requires much more than collecting rent checks. Do you have a plan in place if a pipe breaks? What happens when the AC goes out in the middle of the summer? Are you prepared to handle pest control and HOA packets...
By Innovation Property Management Inc - Wednesday, May 18, 2022
The rental industry is filled with people that prey on unsuspecting would-be tenants. If you are looking for a home or apartment to rent, protect yourself from rental scams by learning how to spot them early on.Signs You Are Dealing With a ScammerScam rentals affect millions of A...
By Innovation Property Management Inc - Monday, May 16, 2022
A make-ready is a process of preparing a rental unit for a new tenant after a previous one moves out. Terms that might be similar to make-ready are “apartment turn” or “turnover.”Make-readies are universally known as the bottleneck when it comes to filling...
By Innovation Property Management Inc - Monday, May 9, 2022
Disclaimer: Let me preface that we at Innovation Property Management, Inc. are not accountants or tax advisors. Below is some information on taxes in the US but should be verified by your accountant that knows your personal situation. Investing in rental real estate is...
What Is Renters Insurance? Is It Important To Get One?
By Innovation Property Management Inc - Wednesday, May 4, 2022
It is essential for tenants to obtain renters insurance to protect their belongings. But more often than not, renters fail to do so because they feel it is a waste of money. This is a common and dangerous misconception.What Is Renters Insurance?Renters insurance is a type of prop...
The 5 Things To Clean To Get Your Security Deposit Back
By Innovation Property Management Inc - Tuesday, March 29, 2022
If you’re renting your home, condo, or apartment, you probably paid a security deposit when you signed the lease. The good news is this deposit is refundable when you move out… as long as you meet certain requirements.Landlords use security deposits to protect their ...
By Innovation Property Management Inc - Tuesday, January 25, 2022
As a property owner, you’ve likely dealt with tenant complaints.Being a landlord isn’t all about collecting rent at the end of every month. Dealing with tenant issues is another big responsibility when managing your rental properties.Tenant complaints are unavoidable,...
Should I Allow My Tenants to Paint my Rental Property?
By Innovation Property Management Inc - Monday, January 10, 2022
As a landlord, you should consider painting your rental property in a neutral palette. That way, the walls match any furniture colors.However, some tenants, especially long-term ones, would prefer changing the color of the walls. They may want brighter colors or want to follow a ...