Winston Salem Property Management Blog

Open House Success: Tips for Hosting a Memorable Property Showing

Why is it essential for property owners to host open houses? They are, essentially, one of your best tools when trying to sell a property. Not only does an open house give your home visibility, but it attracts potential homebuyers to your doorstep.To add to the list of reasons to...

Rent-to-Own Homes: A Path to Homeownership

About 65.8% of homes in the US are occupied by owners, while the rest are renters.Buying and renting both have their advantages, but for many people, homeownership is the main goal. For some, buying a home isn't viable. Rent-to-own homes, however, might be the best solution f...

Foreclosures: Exploring Opportunities in Distressed Properties

Foreclosure rates in the US are on the rise, being 14% higher in May 2023 than in May 2022.There are many opportunities in the real estate world, and one that many people don't fully understand is distressed properties. Foreclosures can offer the chance to get very good deals...

3 Steps For Managing Security Deposit Refunds

Having tenants in our rental properties can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start askin...

Breaking the Lease

Most tenants sign a lease for a year at a time. This ensures that for that year, a steady income can be counted on and decisions for either finding new tenants or continuing a lease can be thought out and planned on. This helps landlords rest easy in tenant stability for ...

Four Things That Will Keep Your Renters Happy

A happy, responsible renter is like gold, and — as with any treasure — you donât want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease. 1. No Surprises The best way ...

Getting Your Property Rent Ready

When renting out property, it’s important to make sure that you draw in as many good tenants as possible. There are many ways to do this, but one of the most effective ways is to make sure your property is absolutely ready to be sold. Spice things up, fix imperfections,...

Hiring A HOA Property Manager

Hiring a property manager is an easy decision for landlords who donât want to worry about the day-to-day hassles of running a rental property. When it comes to Homeowners Associations (HOA), however, the decision isnât so cut and dry. Typically, an HOA exists...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved...

Importance of Association Management Meeting Minutes

Meetings are rarely on anyoneâs list of favorite things to do â and keeping meeting minutes is even worse. However, timely, accurate minutes are important, especially if decisions are being made about your home and community. Ideally, after the conclusion of an ...