Property Management Blog

Rental Property Accounting: Essential Tips for Putnam, CT

You're a property owner in charming Putnam, CT, juggling tenant inquiries, maintenance requests, and lease renewals. Amid the hustle, tax season looms, and suddenly, you're sifting through a mountain of receipts, bank statements, and vague notes about "miscellaneous ...

The Property Manager's Guide to Tax Statements &1099s

As a property manager, it's vital to understand the role of tax statements and 1099s for reporting your client's income. Landlords can face substantial penalties for incorrectly reporting income related to 1099s.Landlords must report all income and expenses associated wit...

Demystifying Commercial Lease Agreements: What You Need to Know

Do you want to be a part of Putnam's economic growth?Commercial property investors play an instrumental role in the community for both small business owners and consumers.This mission starts with a solid understanding of your community's needs. Which businesses or service...

Credit Checks and Other Useful Tools for Landlords in Putnam, CT to Screen a Tenant

You don't want to rent out your Putnam property to just anyone. The wrong tenant can cause costly property damage and lead to other headaches. That's why rental risk mitigation efforts are critical before offering a lease agreement.Read on to learn about useful tenan...

Rental Evictions in Putnam, CT: A Guide for Landlords

Putnam, CT, is a promising location for buying an investment property. The city appeals to families and has a growing economy, which attracts business owners and employment seekers alike.These positives all indicate a thriving rental market in this area, but property investment i...

Putnam, CT, Accidental Landlord Tips

Being an accidental landlord is often a welcome development, but transforming it into a success story can be easier said than done.Whether you just inherited a house and don't intend to live in it or you have to relocate and don't want to sell your current home, renting i...

5 Best Practices for Landlord Maintenance Coordination in Putnam, CT

With Investopedia reporting that renting is now much wiser than buying for many Americans, we are about to see a lot more U.S. renters. With that comes more maintenance and difficulty organizing said upkeep. So, what is the best way to ensure you can handle tenant requests seamle...

Essential Lease Enforcement Tips for Landlords in Putnam, CT

With 50.5% of Putnam's households rented, lease enforcement is integral to landlords' property management tasks. It protects your investment and builds respectful and positive relationships when done correctly.Do you want to ensure your lease enforcement practice is as ef...

Facility Management Best Practices: Optimizing Efficiency and Tenant Experience

Creating a culture of safety is important in workplaces as well as residential settings. Putnam landlords need to maintain their properties according to local Connecticut ordinances as well as the safety needs of tenants. Facility management strategies make this possible.Here, we...

Tips to Attract Tenants in a Tough Market in Putnam, CT

Rent hikes in CT are causing major stress for tenants, and in a lower-income area like Putnam, they're also causing issues for landlords. It's getting harder and harder to attract quality tenants, and landlords are spending more money upkeeping vacant units.What can you d...