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Blog Post Is Outsourcing Your Tenant Screening Process in Springfield, MO a Good Idea?

Is Outsourcing Your Tenant Screening Process in Springfield, MO a Good Idea?

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... More +
Blog Post How to Get Tenants to Renew Leases in Springfield, MO

How to Get Tenants to Renew Leases in Springfield, MO

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 ... More +
Blog Post Avoiding High Vacancy by Using Tenant Screening Properly

Avoiding High Vacancy by Using Tenant Screening Properly

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 ... More +
Blog Post Prudent Planning: How to Manage Property Maintenance Expenses

Prudent Planning: How to Manage Property Maintenance Expenses

As any landlord will tell you, property maintenance is a daily task. From talking to tenants to logging work orders, there's always something to do.Of course, such a large time investment must come with large expenses. If you're not careful, it's easy to blow the stan... More +
Blog Post 3% Interest Rates and the Rise of

3% Interest Rates and the Rise of "Accidental Landlords" in Springfield

Mortgage rates have upended the real estate market. Many would-be homeowners do not want to lock into a 30-year mortgage with rates as high as 8%.First-time homebuyers do not have an existing asset to leverage. For them, renting a home is the only option. Current homeowners would... More +
Blog Post How Rising Interest and Mortgage Rates Are Creating

How Rising Interest and Mortgage Rates Are Creating "Stuck Sellers"

At the beginning of 2023, it was estimated that 75% of people who could afford a house three years ago could not buy a house in today's market. Home prices are lower, but mortgage rates are rising critically.Rising interest and mortgage rates have caused some sellers to postp... More +
Blog Post Pros and Cons of Allowing Pets in Your Rental Property in Springfield, MO

Pros and Cons of Allowing Pets in Your Rental Property in Springfield, MO

A staggering 63.5% of Missouri residents own one or more pets.This means that renting out your rental properties to pet owners could be quite profitable. This doesn't mean that accepting pets in a rental property is the right choice for every property owner, though.What shoul... More +
Blog Post How Often Should a Landlord Inspect Rental Property in Springfield, MO?

How Often Should a Landlord Inspect Rental Property in Springfield, MO?

Being a landlord can be exhausting. Your head might be spinning thinking about the responsibilities. You have to collect the rent. You have to find tenants. You have to keep up with maintenance. It's a lot.One of the crucial tasks is conducting rental property inspections. Pr... More +