Property Management Blog

Blog Post Life is Too Short to SMIPO (Self-Manage)
By Progressive Property Management - Tuesday, January 22, 2019

Life is Too Short to SMIPO (Self-Manage)

I don’t want to wax philosophical, but life is too short to SMIPO (Self-Managing Investment Property Owner). For a monthly collected rent of $2,400 we charge $120 a month to manage professionally a property. Since property management fees can written off on your taxe...
Read More
Blog Post If Spokane Can, Will We?
By Progressive Property Management - Wednesday, December 19, 2018

If Spokane Can, Will We?

Many mistakenly believe California has the most tenant protection laws and most liberal rental policies in the country. There are a few states on the east coast that are far more tenant friendly, but on the west coast that prize goes to the State of Washington. If legislatu...
Read More
Blog Post How Long Should a Lease Be?
By Progressive Property Management - Monday, August 6, 2018

How Long Should a Lease Be?

How Long Should a Lease Be? We are often asked, “how long a lease should I have with my tenant?”. Some owners want a month-to-month because they can have possession of their property with only a 30-day (if they have been there less than 12 months) or 60-day (more ...
Read More
Blog Post How to be a good landlord/property manager:
By Progressive Property Management - Wednesday, April 25, 2018

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 that you wou...
Read More
Blog Post How to be a good tenant
By Progressive Property Management - Wednesday, April 25, 2018

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? If you...
Read More
Blog Post Pot is Legal, but is it Allowable in Your Rental?
By Progressive Property Management - Thursday, November 16, 2017

Pot is Legal, but is it Allowable in Your Rental?

Proposition 64 legalized the recreational use of marijuana. As of January 1, 2017, people 21 years of age and older may possess, process, transport, purchase, obtain or give away up to 28.5 grams of non-concentrated cannabis. They may also plant, cultivate, harvest and proc...
Read More
Blog Post The Ins and Outs of Criminal Background Checks
By Progressive Property Management - Thursday, August 17, 2017

The Ins and Outs of Criminal Background Checks

As a matter of company policy, we run a criminal background check on all applicants. Once we have done due diligence on an applicant, we ask they either provide a criminal background check or pay for one through our website, so we can include this in our decision making. Wh...
Read More
Blog Post Should the Tenant have the Owner’s Contact Information?
By Progressive Property Management - Sunday, June 25, 2017

Should the Tenant have the Owner’s Contact Information?

When we execute a contract for our owners, we still leave their email information for the tenant to have, but we never provide their mailing address or their phone number. This is done intentionally. Owners hire us to be the buffer with their tenants and handle the day to day ...
Read More
Blog Post How to Increase Your Rent Without Losing a Tenant
By Progressive Property Management - Wednesday, April 19, 2017

How to Increase Your Rent Without Losing a Tenant

Generally, self-managing owners keep the rent for their rental properties below market rents. The reason is either intentional, the owner keeps the rent low to retain the tenants, or unintentional, the owner is either friends with the tenant, or intimidated by them, and does n...
Read More
Blog Post Why Do Property Management Companies All Charge Different Rates?
By Progressive Property Management - Monday, March 20, 2017

Why Do Property Management Companies All Charge Different Rates?

If you are looking for professional property management you may have experienced the confusing world of property management pricing. Unlike real estate, no two companies charge the same fees in the same manner. It can be time consuming and frustrating just to learn the fact...
Read More

Showing 61- 70 of 129