Property Management Blog

Organization in the home can create less stress for the tenants and ultimately lead to a better experience for the landlord and the tenant. It can make your tenant happy, and a happy tenant is a good tenant. It is also better for the landlord as it will help build the value of your home and can keep it in better condition.Renters bring th...

1. Run Your Property Like a Business. Some landlords do a terrible job at running their business. It might be because they see it as a “side-gig” or a hobby” more than a business. However, when you treat your business with the respect, systems, and organization that you would treat any other business venture, amazing thi...

1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to? If you don’t understand, ask questions before you sig...

Today it’s easier than ever to buy property outside of the area that you live and know. There are multitude of tools, websites and information online to help analyze areas of interest and the overall market performance.  Start with your investment objectives such as income versus appreciation, funds allotted, type of properties...

Single Family versus Multi-Family RentalIf you have been wanting or thinking about investing in residential real estate then you have probably asked yourself which type of asset should I invest in, Single Family Rentals or Multi Family? Both can be good investments and both have their pros and cons. Below we will show you why Single Famil...

If you are an investor on the west or east coast, you should consider investing in the Midwest and specifically Oklahoma. We speak with out of state investors daily about opportunities in Tulsa and Oklahoma City. Investors need to work harder to find good deals than they did five years ago due to the more competitive real estate market. T...

A question we are often asked, mainly by individuals who rent a home from us, is “Should we buy a home instead of renting?” In the past, popular belief would be “absolutely” however times have changed and the answer is not as easy as it once used to be. The trend today, especially by millennials and baby boomers, i...

The amount of time you spend on your rental might surprise you. How much time do you spend managing your properties? If you calculate everything involved from leasing to move-out inspection the time adds up quickly. Compare your time to the average time others spend on managing their rentals. National averages are based on data from NAPRM...

One of the biggest issues that investors and owners deal with in the single family and multi unit rental space is insurance. It’s a necessary evil. Nobody wants it but everybody has to have it. At Renters Place, we take pride in providing turnkey services for our investors so they don’t have to do anything. One of those servic...

Renters Place is a turnkey property management company of Single Family and Multi Family Rentals, however we are much more than just a property management company. Our experience in investing and relationships built over the last 15 years has given us the ability to find, purchase, renovate and sell properties for investors from all over ...