If you’re a property owner, you already know how managing a rental property can be financially rewarding, but you also know it requires significant commitments. Personally managing your rental property may initially seem like saving money, but it’s not that simple. A hands-on, “do it yourself” approach is suitable for handy people, but… Do you …
6 Reasons to Hire a Professional Property Manager Read More »
For many investors, adding real estate properties to their portfolio is a no-brainer. As is the case with any investment, protecting that asset is of the utmost importance. Many property owners think by employing someone else to care for their properties, they are losing money. In actuality, more time to tend to other securities or …
3 Questions All Landlords and Rental Property Owners Should Ask Read More »
When deciding to hire a property management company to manage your property and tenants, informing your tenants of this change is important for ensuring a smooth transition. The best way to inform your tenants of this new management is via a letter. This will help introduce the company, provide more information, and give your tenants …
Obtaining a security deposit is common in the rental real estate field. Sadly, property damage is an unavoidable part of life for landlords and property managers. Security deposits protect the owner or manager if the tenant fails to follow the lease agreement. There are rules for how a security deposit can be used and the …
Thinking about investing in a rental property? This could be a great opportunity for you! If you are new to the investment world you will want to prepare yourself ahead of time. Follow these steps to ensure the process goes smoothly and successfully. 1. Take care of your own debt Making sure you have paid …
Would you prefer to avoid monthly rental income and expense management? Would you rather someone else deal with maintenance calls? If you answered yes to either of these questions, then hiring a property management company is the right choice for you. A competent property management company can add significant value to your investment, which …
Advantages of Hiring a Property Management Company Read More »
https://youtu.be/29UF47qwTO4 Lamacchia Property Management has officially launched this website as the center for education and content for property management. Whether you are considering property management, buying properties, renting out your property or are you a tenant looking for a property LPM has the information for you! “I am excited to have announced and launched this …
Welcome to the Lamacchia Property Management Website! Read More »
Whether you own or rent your apartment space, there are many ways to upgrade the look and feel of your home. According to an Interior Design Book on Issuu.com, these are the hottest apartment design trends headed your way in 2018: A wide variety of metal embellishments and fixtures are hot again this year. You …
Popular Apartment Design Trends to Expect in 2018 Read More »
Did you know that rental real estate provides more tax benefits than almost any other investment? Although all income received must be reported to the IRS, there are a number of rental expenses that you can deduct on your tax return. Here are some of the main rental real estate tax deductions: Mortgage Interest: Mortgage interest …
Tax Benefits of Owning Rental Real Estate Property Read More »
When you’re renting a property, you are usually dealing either with a landlord directly, or a hired property manager. There are some distinct benefits to renting from a landlord who uses a professional property management company. Consider your options before signing a lease. Managed Property Benefits: 1. A property management company is a neutral …
Benefits of Renting from a Landlord Who Uses a Property Management Company Read More »
