Property Management Blog
Top 4 Factors to Consider When Choosing Your Mortgage
With home prices and rates still relatively high, securing a mortgage can feel daunting––even to the most experienced borrowers. But don’t let that deter you: If other homebuyers’ experiences are any indication, odds are you’ll eventually find a home loan that works well for you. In fact, most U.S. homeowners say they’re satisfied with the…
Read More35 Tips to Furnish Your New Home for Less
Buying a new home is one of the most exciting experiences in life. And if you’re like most homebuyers, you’ll be planning your furniture placement and decor before the ink dries on your offer letter. But before you run to the nearest home goods store, take a deep breath. First, you’ll need to delay any…
Read MoreIncome Properties Are Trending, But Is Landlord Life for You?
If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club. Investing in real estate has long been one of Americans’ favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to Census…
Read MoreNational Real Estate Market Update for 2023
There’s an old adage in real estate: location, location, location. But ever since the Federal Reserve began its series of inflation-fighting interest rate hikes last year, a new mantra has emerged: mortgage rates, mortgage rates, mortgage rates. Higher rates had the immediate impact of dampening homebuyer affordability and demand. But this year, we’re seeing further…
Read MoreHedge Against Inflation With These 3 Real Estate Investment Types
The annual inflation rate in the United States is currently around 7.5%—the highest it has been since 1982. It doesn’t matter if you’re a cashier, lawyer, plumber, or retiree; if you spend U.S. dollars, inflation impacts you.
Read More8 Popular Home Design Features for 2022
There’s a lot to consider when selling your home, from the market and appraisals to where you’ll go next. Don’t forget, however, that design is also a key factor. It’s often one of the first things buyers notice when they walk into a home, and it’s also a detail that you, as a seller, can easily control.
Read MoreLowest Mortgage Rates in History: What It Means for Homeowners and Buyers
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always been…
Read MoreShould You Allow Pets in Your Groton Rental Property? Pros and Cons Explained
There are pros and cons to allowing pets in a rental property, and today we’re sharing those with you. Generally, we recommend pets to our owners who are renting out their property. Over 40 percent of people in eastern Connecticut have a pet or want to add a pet in the next year or two.…
Read MoreHow to Get the Best Tenants for Your Rental Property in Groton Tenant Screening Tips from a Professional
A good property management company does four things to make sure their owner attracts a high-quality tenant: we complete a credit check, background check, an eviction check, and process a thorough application. It’s called tenant screening, and the process can ensure you get a worthwhile tenant into your property.
Read MoreTenant Eviction for Your Groton Rental Property - How to Get a Bad Tenant Out
There’s nothing worse than having to deal with a bad tenant, but from one property owner to another: you want to avoid an eviction at all costs. The Connecticut eviction process takes time and contains a number of specific steps to follow to evict a tenant for nonpayment of rent, holding over after expiration of…
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