Property Management Blog

Security Deposits in Albuquerque, New Mexico: A Guide for Landlords

While security deposits might not be the most glamorous part of being a landlord, they play an important role in protecting your investment and ensuring a smooth rental experience. In Albuquerque, understanding how to properly handle security deposits is crucial for staying compl...

5 Benefits of Turnkey Property Management in Albuquerque

New Mexico's economic climate has improved dramatically lately, making Albuquerque an attractive prospect for more businesses and their employees. A booming economy means more demand for rental properties, so now's a good time to snap up any well-priced investments you ca...

Owner Disbursements Explained: Boost Your Albuquerque Property Earnings

You're sitting down at the end of the month, reviewing your rental property earnings, but something doesn't add up. You know the rent's been paid, the property is in great shape, yet you're not seeing the income flow you expected. This is where understanding owner...

5 Essential Steps for Tenant Placement Success in Albuquerque, NM

Are you considering becoming a landlord in Albuquerque, New Mexico? If so, you're on the right track to financial success: landlords here make an average of $78,516 yearly, per ZipRecruiter.com.However, your income would still largely depend on your tenants (i.e., if they can...

Top 3 Rental Leasing Strategies for Success in Albuquerque, NM

According to data collected from Zillow, the median rental price in New Mexico is $1,700 a month. Is your rental priced accordingly?Although it's not a one-size-fits-all, your rental should somewhat match the competition's. This works to keep your price competitive.Aside ...

5 Key Steps to Hassle-Free Lease Renewals in Albuquerque

According to Steadily, the rental vacancy rate in Albuquerque, New Mexico is 7.26%. A long-term vacancy could cost you thousands in earnings every month. Learning how to retain the great renters you already have can improve your occupancy rate.As you generate more lease renewals,...

5 Major Responsibilities of Property Managers in Albuquerque

The global market for property managers is worth over $15.10 billion. They charge landlords fees of 8-12% the property's monthly rent.What do they spend that money on? What do they spend their 47 average hours per work week doing?Read on for five major responsibilities o...

How Accidental Landlords Can Successfully Navigate Property Management

About 70% of rental properties in the US are owned by individual investors. Are you now one of them? Congratulations!Unfortunately, many accidental landlords struggle to get their footing in today's competitive market. Without the right landlord advice, you could fail to maxi...

5 Strategies to Enhance Maintenance Coordination Efficiency

Efficient maintenance coordination is a crucial part of successful property management. When maintenance tasks are well-organized, property managers can save time, lower costs, and keep tenants happy. A well-maintained property attracts and retains tenants, protecting the value o...

Understanding Property Maintenance Responsibilities for Tenants

Imagine inspecting your property to find that it's in a dire state. Flies hover around the bin, and the carpet looks like it hasn't seen a vacuum cleaner in a year.While this may seem frustrating, you can minimize the risk of this happening. Setting expectations with your...