Property Management Blog

Blog Post Navigating the Ever-Evolving Real Estate Landscape
By Legacy Property Management - Wednesday, December 20, 2023

Navigating the Ever-Evolving Real Estate Landscape

As we reflect on the ever-evolving real estate landscape, Real Property Management Select emerges as your strategic partner. Economic activity has rebounded, and the labor market has seen recovery, influencing the way we approach real estate investment. Here, we explore five sig...
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Blog Post Navigating the Impact: Airbnb Bans and the Rental Property Market – Insights for Smart Investors
By Legacy Property Management - Thursday, December 14, 2023

Navigating the Impact: Airbnb Bans and the Rental Property Market – Insights for Smart Investor...

In recent times, cities like New York, Honolulu, and Dallas have been implementing strict regulations and bans on Airbnb and short-term rentals (STR). While this may seem like a challenge for those heavily invested in the short-term rental game, a new study reveals that it also ...
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Blog Post Navigating the Current Mortgage Landscape  A Closer Look at Recent Market Shift
By Legacy Property Management - Thursday, December 7, 2023

Navigating the Current Mortgage Landscape  A Closer Look at Recent Market Shift

In recent weeks, the real estate market has experienced a significant shift, marked by a notable increase in mortgage interest rates. The Mortgage Bankers Association’s latest data reveals a challenging scenario for both prospective homebuyers and existing homeowners looking t...
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Blog Post Inflation Falls, Rates Drop, and a Healthy Housing Market Emerges
By Legacy Property Management - Thursday, November 30, 2023

Inflation Falls, Rates Drop, and a Healthy Housing Market Emerges

Insightful discussions unfolded around several positive trends shaping the economic and real estate landscape. From a noteworthy decline in inflation to a robust housing market, these trends offer optimism and potential opportunities. This blog post distills key insights from th...
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Blog Post Unraveling the Rental Landscape: The Sacramento Slowdown
By Legacy Property Management - Thursday, November 16, 2023

Unraveling the Rental Landscape: The Sacramento Slowdown

Dear Real Estate Enthusiasts,We’re back with the latest insights into Sacramento’s rental market, shedding light on recent developments that might impact both landlords and tenants. In Collier International’s Quarter One report, some intriguing findings emerged, painting a...
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Blog Post Are Rental Properties a Good Investment? The In-Depth Analysis
By Legacy Property Management - Thursday, November 9, 2023

Are Rental Properties a Good Investment? The In-Depth Analysis

For years, rental properties have stood as one of the most preferred avenues for generating passive income. But before you embark on this journey, it’s crucial to delve into the intricacies of real estate investment. Acquiring knowledge upfront significantly enhances the odds ...
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Blog Post The Vital Role of Documentation for Landlords
By Legacy Property Management - Thursday, November 2, 2023

The Vital Role of Documentation for Landlords

We’ve encountered self-managing landlords facing crises, grappling with undesirable tenant behavior, and even navigating eviction proceedings, often due to inadequate documentation.  Application Documentation:– The cornerstone of meticulous documentation starts with compre...
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Blog Post The Most Important Strategy to Dodge Sky-High Tenant Turnover Expenses!
By Legacy Property Management - Thursday, October 19, 2023

The Most Important Strategy to Dodge Sky-High Tenant Turnover Expenses!

Sure, you might think you have all the rules-of-thumb down for keeping turnover costs low with a rental property. You know, the typical procedures like thorough tenant screenings and yearly inspections. But, there’s more to it than that, right?Take a moment and think… What c...
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Blog Post Maximizing Profits: Why Rental Properties Make Sense in a Rising Interest Rate Environment
By Legacy Property Management - Thursday, October 12, 2023

Maximizing Profits: Why Rental Properties Make Sense in a Rising Interest Rate Environment

Did you know that as an investor in rental properties, one of your most powerful tools is the 30-year fixed-rate mortgage, especially if you’re based in the U.S? This type of mortgage stands out among its global counterparts as most countries tend to lean towards adjustable, v...
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Blog Post Managing Below-Market Rent
By Legacy Property Management - Thursday, October 5, 2023

Managing Below-Market Rent

Dealing with below-market rent can be a challenge for landlords. While it may feel uncomfortable to raise rents, it’s essential to consider the financial and legal aspects of managing your rental property. In this guide, we’ll explore the reasons you may find yourself at bel...
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