Security Deposits: Key Points for Renters and Landlords in Springfield
By Hunter Property Management Friday, June 7, 2024
More than 44 million households in the US are occupied by renters, and in most cases, these renters will have put down a security deposit.Security deposits are a standard part of a tenancy agreement. They serve as a protective measure for landlords and tenants, helping remove a d...
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Tips for Rental Property Accounting Records in Springfield, MO
By Hunter Property Management Tuesday, May 21, 2024
While Springfield is far from the most profitable rental market in America, it's a community with a promising future and a positive future outlook.The population has been growing at a strong pace over the past several years and will be home to thousands more people and househ...
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How Property Management Can Help You Protect Your Investment Property in Springfield, MO
By Hunter Property Management Tuesday, May 7, 2024
Owning an investment property in Springfield, MO, can be a risky business. When rental income is your bread and butter, even one bad tenant can cause chaos. It's not just about rent; it's the potential for property damage, legal battles, and extended vacancies.With so muc...
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How Do You Calculator Prorated Rent in Springfield, MO?
By Hunter Property Management Sunday, April 21, 2024
Did you become a Springfield, MO rental property owner to make passive income? Passive income is money earned without a lot of effort. You can hire property managers to handle operations for you.This includes prorated rent calculations. Offering prorated rent is a great way to sq...
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Why Should I Look Into Hiring a Property Manager in Springfield, MO?
By Hunter Property Management Sunday, April 7, 2024
Are you at a crossroads about hiring a property manager for your rental house in Springfield?Your situation isn't uncommon. Many first-time landlords often have to choose between self-managing their properties and outsourcing to a third party. You might be more inclined towar...
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How to Find the Right Tenants With Effective Property Marketing
By Hunter Property Management Thursday, March 21, 2024
Competition is heating up in the Springfield, MO, rental market. The homeownership rate declined by 17% from 2010 to 2020. This trend is likely even higher now with record-high home prices and rising mortgage rates.Springfield's population is growing, and more residents are l...
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The Best Residential Leasing Management Practices in Springfield
By Hunter Property Management Thursday, March 7, 2024
In Springfield, MO, renters comprise around 58% of the population. Plus, around 97% of the available housing units are occupied. This makes the city an excellent choice for astute investors wanting to earn an income from rental properties.Owning a home in a popular area of the ci...
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Is Outsourcing Your Tenant Screening Process in Springfield, MO a Good Idea?
By Hunter Property Management Wednesday, February 21, 2024
Finding the perfect tenants for your rentals is a critical aspect of property management. In Springfield, MO, the tenant screening process helps ensure a hassle-free leasing experience.As a property owner, you may find yourself grappling with the question: Is outsourcing your ten...
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How to Get Tenants to Renew Leases in Springfield, MO
By Hunter Property Management Wednesday, February 7, 2024
Tenant turnover is a major loss for real estate investors. While filling vacancies is crucial, you still pay for marketing, cleaning, and tenant screening. That's why every investor needs a lease renewal strategy.First, think about why tenants are moving out. Rule out forces ...
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Avoiding High Vacancy by Using Tenant Screening Properly
By Hunter Property Management Sunday, January 21, 2024
Having a high vacancy rate is one of the worst things that can happen to a landlord. For every day a property stays vacant, you're losing money.The best way to avoid high vacancy is to focus on tenant retention. Before you do that, though, you must find tenants who are worth ...
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