How Do You Calculator Prorated Rent in Springfield, MO?
By Hunter Property Management Saturday, April 20, 2024
Did you become a Springfield, MO rental property owner to make passive income? Passive income is money earned without a lot of effort. You can hire property managers to handle operations for you.This includes prorated rent calculations. Offering prorated rent is a great way to sq...
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Why Should I Look Into Hiring a Property Manager in Springfield, MO?
By Hunter Property Management Saturday, April 6, 2024
Are you at a crossroads about hiring a property manager for your rental house in Springfield?Your situation isn't uncommon. Many first-time landlords often have to choose between self-managing their properties and outsourcing to a third party. You might be more inclined towar...
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How to Find the Right Tenants With Effective Property Marketing
By Hunter Property Management Wednesday, March 20, 2024
Competition is heating up in the Springfield, MO, rental market. The homeownership rate declined by 17% from 2010 to 2020. This trend is likely even higher now with record-high home prices and rising mortgage rates.Springfield's population is growing, and more residents are l...
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The Best Residential Leasing Management Practices in Springfield
By Hunter Property Management Wednesday, March 6, 2024
In Springfield, MO, renters comprise around 58% of the population. Plus, around 97% of the available housing units are occupied. This makes the city an excellent choice for astute investors wanting to earn an income from rental properties.Owning a home in a popular area of the ci...
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Is Outsourcing Your Tenant Screening Process in Springfield, MO a Good Idea?
By Hunter Property Management Tuesday, February 20, 2024
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...
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How to Get Tenants to Renew Leases in Springfield, MO
By Hunter Property Management Tuesday, February 6, 2024
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 ...
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Avoiding High Vacancy by Using Tenant Screening Properly
By Hunter Property Management Saturday, January 20, 2024
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 ...
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Prudent Planning: How to Manage Property Maintenance Expenses
By Hunter Property Management Saturday, January 6, 2024
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...
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3% Interest Rates and the Rise of "Accidental Landlords" in Springfield
By Hunter Property Management Wednesday, December 20, 2023
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...
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How Rising Interest and Mortgage Rates Are Creating "Stuck Sellers"
By Hunter Property Management Wednesday, December 6, 2023
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...
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