Manage Like Michael

Blog by Owner/Designated Broker J. Michael Wilson

Top Posts

Marketing Your Rental Property

  You’ve prepared the house or unit for new people to move in, now it’s time to tell them about it. The best place to market your rental these days is online. Keep these considerations in mind when posting to your preferred rental search site.    Be fully aware of how to comply with all […]
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Prepare Your Rental Property For Tenants

  So, you’ve decided to rent out your home! Congratulations on this big next step in your financial plan! Owning a rental property can be a rewarding experience; a fulfilling way to earn a little passive income while providing shelter for someone, while hopefully watching your property’s value appreciate. So how best to end that […]
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Why You Shouldn’t Paint with Pantone’s Color of the Year

Trends come and go, just as tenants rent and vacate, but property investors are in it for the long haul which is why it’s important for property investors to keep their priorities straight for their unit. Each tenant is different, they have different communication styles, different standards of living, and each comes with their own […]
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All Posts

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What to Consider When You're Considering a Micro-Unit

By JWM Group | June 21, 2018

Considering a Micro-Unit? The price of a micro-unit will definitely peak your interest. But, is it a good fit for you? It’s important to consider the pros and cons before you make the move to a micro-unit since they come with a specific set of unique attributes. Let’s dive into the pros and cons and […]

Need a Good Vendor: A Guide

By JWM Group | June 7, 2018

Need a good handyman or Sub-contractor? Use these questions to start your interview with a potential vendor. They will help you protect your investment property, both structurally and financially. Having a vendor list you can trust is crucial for maintaining your investment property while staying within your budget. If you know they’re going to get […]

Service Animals in Rentals

By JWM Group | May 10, 2018

Is it a pet or service animal? There’s a difference! Service animals and Emotional Support Animals (ESAs) are not pets.  Tenants who have them are protected by HUD laws. Much like you wouldn’t ask someone what their prescription is for, you can’t ask the tenant what they suffer from that requires an animal. Here’s how […]

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Rent Prices Have Failed to Keep Up with Surging Property Values

By JWM Group | April 19, 2018

Rental prices are not keeping up with home sale values. Taking into consideration the current market and recent property tax increases in our area, it’s not hard to see that these two linked industries depend on each other more than people tend to realize. When Landlords sell, they will sell at a market price. This […]

Spring Cleaning for your Rental Property

By JWM Group | April 5, 2018

Proactive spring cleaning for your rental property: A quick guide to a spring inspection of your property investment. It’s time to clean out your home for spring. The sun is out later in the evening, and we’re able to assess the damage of winter. But don’t forget about your rental property, because your tenants might […]

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Three Rookie Mistakes to Avoid

By JWM Group | March 22, 2018

Don’t make these rookie mistakes! Avoid a sticky situation with your tenants by following these three rules to property management. Make sure you are following the laws of your location, renting your house out isn’t easy, but don’t make it harder on yourself than it needs to be. Rookie Mistake: Not making tenants formally apply. […]

Timing the Rental Market

By JWM Group | March 8, 2018

Knowing when to market your property is half the battle. Profitably managing a rental property depends in large part on timing. First off – a landlord’s potentially largest variable expense is vacancy. I say ‘potential’ because the goal is to therefore have a vacancy rate approach zero. This is achievable by pricing a property correctly and […]

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