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Owning property can be a rewarding investment, but it’s not without its challenges. From tenant relations to maintenance and financial management, there are numerous responsibilities that come with being a property owner. While some may opt to manage their properties themselves, there’s a compelling case to be made for enlisting the expertise of a professional […]
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One of the main benefits of real estate investment are tax deductions for your investment properties. Carefully itemizing your deductions can significantly increase your ROI and can take a rentalproperty from the red to the black. With everything you are able to deduct (your mortgage and interest,property taxes, maintenance/repair costs, attorney fees, and more), it […]
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Mold: a word that conjures images of decay, neglect and a property management nightmare. It’s more than just an unsightly blemish on your walls or ceilings; it’s a health hazard and a structural menace. Of all the problems that can go wrong and put your tenants at risk, mold has always been the biggest issue […]
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Understanding the Cost of Turnover Before we explore the benefits of tenant retention, it’s essential to grasp the full cost oftenant turnover. These costs can include: Lost Rent: The most immediate impact of turnover is the loss of rental income duringthe vacancy period. At Brick & Vine we strive to make sure you have no […]
