PROPERTY MANAGEMENT BLOG

Before we talk about how to set a rental price, let’s talk about what a rental price is not. It’s not based on the amount of your mortgage payment every month. It’s not based on your expenses, your property management fee, the HOA fee, or your desire to pay all those things and still remain cash flow positive every ...

Maximizing your profit is important when you own an investment home. You want to get the maximum profit on that property, but it doesn’t necessarily mean getting the maximum rent price. Rental Property Profit: Setting a Competitive Price Here’s an example. You can list your property at $1,500 a month, and place a qualified...

One of the most common questions our potential new property management customers ask is “how often will you do an inspection on my property?” A common misconception is to favor the management company who promises the most inspections for the least amount of money. At face value, this seems to make sense. More is better and...

Insurance premiums and deductibles are going to be some of the most common expenses that affect your cash flow. So, when you’re deciding whether you want to provide a washer and dryer in your rental home, consider the potential for loss and liability. What Does a Landlord Have to Provide? We recently had an issue where a tenant...

In prior videos, you’ve heard me talk about the importance of having policies and procedures in writing for your rental property. Never has that been more true than when we’re talking about tenant screening criteria. Today, we’re sharing the best criteria for screening tenants.  Credit and Tradeline Reports&nbs...

The problem of collecting late rent payments can be difficult for landlords, especially if there’s not a system in place. We have talked before about dealing with difficult tenants, and sometimes landlords will create their own problems because they don’t have a set of policies and procedures that they consistently follow w...

  When we’re talking about problem tenants, the first problem that comes to mind is the tenant who does not pay rent. However, we can broadly say that problem tenants include those who do not comply with the lease terms. In today’s blog, we’re going to share some tips on how to avoid those situations entirely. R...

Paramount Realty Solutions provides property management in Raleigh, NC landlords and investors can trust. The purpose of today’s blog is to tell you more about who we are. Our company supports the Raleigh, North Carolina market as well as the popular surrounding towns of Apex, Cary, Holly Springs, Morrisville, and the community w...

Welcome to the new Paramount Realty Solutions Website!  Our new website is fully responsive and uses the latest technology, allowing you to have a better browsing experience on any device no matter if it is a desktop, tablet or cellphone! Why is this a big deal? Well, it allows you to have access to our site anywhere, at any time...

One of the risks of renting out your property is that your tenant will cause damage to the home. To avoid large repair bills later, most landlords choose to charge tenants security deposits. In North Carolina, there are several laws that you need to be aware of before you charge such a deposit, as well as before you make a claim against ...