Property Management Blog

By Ellis HomeSource Property Management - Friday, June 21, 2019

Setting Rental Rates

Whether you are new to real estate investing or a long time owner, you find yourself faced with the challenge of pricing your rentals competitively. But how do you determining what rental price you should ask for your property? If you ask too much you may not be able ...

By Ellis HomeSource Property Management - Saturday, June 1, 2019

Why Hire a Professional Property Manager?

We know that handling your own residential property management needs can be overwhelming!Busy investors often wonder who to turn to for advice, so real estate expert Rick Ellis offers a brief discussion on the challenges of managing a house, condo, duplex, or small apartment comm...

By Steve Leonhard - Wednesday, May 15, 2019

Why Should You Hire an Accredited Management Organization(AMO) to Manage Your Real Estate?

The AMO designation is the most widely recognized indication of professionalism in the real estate management industry. It is awarded to only the most experienced and well qualified management companies in the business. Since its establishment in 1933, the Institute of Real Estat...

By Ellis HomeSource Property Management - Thursday, April 18, 2019

10 Reasons to Hire a Professional Property Manager

Setting the right rental rates: While looking through the classifieds to see what other landlords are charging for similar properties is a fine way to ballpark your rent price, a good property management company will conduct a thorough market study in order to set a rental price ...

By Ellis HomeSource Property Management - Tuesday, March 5, 2019

How to be a good tenant

1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to?...

By Ellis HomeSource Property Management - Friday, February 15, 2019

How to be a good landlord/property manager:

1. Run Your Property Like a Business. Some landlords do a terrible job at running their business. It might be because they see it as a “side-gig” or a hobby” more than a business. However, when you treat your business with the respect, systems, and organization ...