RISSOFT I Property Management News

November 22, 2018

After years of rising rents across the country, recent national rental reports indicate that rent growth is beginning to slow down across the country. According to the reports, there several reasons why rent growth is slowing down. Experts believe that an increase in a...

November 6, 2018

Not every tenant is going to move out or move into a rental unit on the first of the month. When a tenant moves into a rental in the middle of the month, rent has to be prorated, which is the amount of money a landlord charges a tenant when the tenant is only occupying...

October 4, 2018

Being a landlord is not just about collecting rental checks every month. Selling a rental property is a essential part of being a landlord. If you want to be a successful landlord, you need to be able to discern when it is time to sell your property.  There are several...

September 20, 2018

It is generally a common practice for landlords to collect a security deposit at the start of a lease in case there is damage to the property or unpaid rent. Collecting a security deposit seems like a no-brainer for most landlords. It is a safety net against tenants th...

September 13, 2018

Data breaches of major companies have become a common occurrence. Every year tens of millions of customers’ personal information including emails, birthdays and social security numbers are stolen and sold online to identify thieves. These thieves use this information t...

September 6, 2018

Being a landlord or property manager means that you have to wear many hats and take care of many different responsibilities. If you have several employees one aspect that can be particularly difficult is payroll. Payroll can be complicated because it involves not just...

August 21, 2018

As a landlord, you may one day be faced with a tempting prospect. A family member or friend needs a rental, and you have a vacancy.  As one can imagine there may be cases where this arrangement works out well or cases where it can become a complete disaster. Below are...

August 7, 2018

Marketing is an essential piece of managing a rental property. Increasing the exposure of your rental property will help you find quality tenants while keeping vacancies low. The first thing prospective tenants searching for a rental do is look online. With several pop...

July 26, 2018

There are several distinct types of properties that a landlord can invest in as a rental property. Some of these properties may offer better rental potential while others may offer higher returns upon sale. As a landlord, it is important to think about the different pr...

July 17, 2018

On June 13th the Federal Reserve raised the interest rate to between 1.75 and 2 percent. This rate, which is the rate banks charge one another to borrow money from each other overnight, was lowered to almost zero after the financial crisis began in 2008. The rate was l...

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