Why You Should Work with Rize Homesource for Salt Lake City Property Management
At Rize Homesource, we provide professional property management in Salt Lake City. Before we tell you about what we do and why you might want to work with us, let’s talk about why it’s so important to consider property management as a resource. Property Management Value and Expertise You’re an investor, and your time is…Read More
How Do I Get the Best Tenant in My Salt Lake City Rental Property?
The right tenant in your property will make a major difference in your success as a landlord. Getting a good tenant in your property really comes down to two things: marketing and tenant screening in Salt Lake City. Marketing your Rental Property First, make sure the property is prepared for the market. The paint needs…Read More
Should I Rent or Sell My Property in Salt Lake City? Tips from a Professional
The option of selling or renting comes down to a few different factors, including your personality, the functions of the market at the time you need to make your decision, and your own personal investment goals. Investment Goals First, you need to think about your investment goals and your plans for the property. Is this…Read More
How Much Does Professional Property Management Cost in Salt Lake City?
The cost of professional property management depends on the company with which you choose to work. Typically, in this market, things function on a percentage-based model. That means the manager will take a certain percentage out of gross monthly rents collected. In our market, this is normally 8 to 12 percent. But it really depends…Read More
5 emerging real estate trends from 2016
As the year comes to a close, it’s a great time to reflect on some of the strongest real estate changes and surprises in 2016. Let’s look at five trends that homebuyers and sellers should take note of as they look to the future of real estate transactions in the U.S. 1. Flipping homes is…Read More
Upgrades in Salt Lake City: What improvements will really pay off?
When considering whether or not to upgrade your rental property in Salt Lake City, there’s one question you should always ask yourself first: If I complete this upgrade, will it increase my rental income? In a typical single-family home, you can choose smart, proven renovations that will potentially increase exit value when you sell the…Read More
How to locate and qualify the best tenants
When managing a rental property, one of your best investments will be the people who live in it. That may come as a surprise when there are so many other things to consider, such as maintenance, management and marketing. But sourcing quality tenants, who will take care of their temporary home, communicate their needs and…Read More
Due diligence checklist for Utah homebuyers
Purchasing a home, whether it’s your first or one of many transactions over a lifetime, comes with many critical considerations. To assist buyers in making the most sound decisions, the Utah Association of Realtors put together a helpful due diligence checklist*, which we’ve provided in a shortened form here. These are brief explanations of all…Read More
How to analyze your investment-property purchase
The value of a home you own and occupy is calculated differently than an investment property for rental purposes. That’s one of the first things to consider when purchasing a single-family residential property. The most rudimentary formula for calculating the value of an investment property is the capitalization rate. This is net-operating income divided by…Read More
Winter Maintenance Tips
The long-term health of a home depends on you, the homeowner. One of the most important steps you can take to preserve the life of your property is to perform routine maintenance when seasons shift throughout the year. Fall is a critical time to check in on a few things to make sure your home…Read More