By Axela Management - Friday, June 14, 2024

What Do Landlords Need to Know about Security Deposits?

Did you know that around 26% of renters don't end up getting their security deposit back?If you're a landlord, what do you need to know to protect your property and comply with local regulations?Security deposits are a necessary protection measure in property management, ...

By Axela Management - Friday, June 7, 2024

Accidental Landlord Tips From the Experts

The regions of Northeast and Midwest America has seen a rebound in population growth , according to the 2023 census. This brings welcome news to many professional landlords.But what happens if you're an amateur landlord? In fact, what happens if you're an accidental landl...

By Axela Management - Tuesday, May 28, 2024

Which Up And Coming Neighborhoods In Waterbury, CT Should You Be Investing In Now?

As the sun sets over the Naugatuck Valley, casting a golden glow on the red-brick facades and tree-lined streets, the buzz of opportunity fills the air.Investors are turning their gaze toward Waterbury, CT, where up-and-coming neighborhoods are becoming the new hotspots for real ...

By Axela Management - Tuesday, May 21, 2024

What Are Typical Application Fees?

Rental application fees are fees you (the landlord) can charge prospective renters just to process their applications. Even when you work with a property management company, no one prescribes what you should charge; you get to decide!Receiving a few extra dollars to help the appl...

By Axela Management - Tuesday, May 14, 2024

How Do You Calculate Prorated Rent?

Did you just buy a great rental property? The next step is to start seeking out tenants, isn't it?Well, you might want to wait for a moment. Have you decided how much you'll charge them? Have you set goals for how much you'd like to earn from your rental income?One of...

By Axela Management - Tuesday, May 7, 2024

Why Should I Look into Hiring a Property Manager?

Do you own a rental property in a nonmetropolitan area? It's a great time to be investing in these areas, as populations of rural or suburban regions have continued to see population growth. As a result, if you're looking for tenants, you won't have to look far ...

By Axela Management - Sunday, April 28, 2024

How Property Management Can Help You Protect Your Investment

Owning and renting out property is a smart money move. According to new 2024 data from Zillow, rent prices are up 3.4 percent compared to last year reaching $1,958 on average.As a landlord, it's vital that you protect your investment property to protect your wealth.Read on to...

By Axela Management - Sunday, April 21, 2024

5 Signs You Need to Hire a Property Management Company

Owning rental propertiescan be quite profitable. Still, it also comes with plenty of challenges.From tenant issues to property maintenance, being a landlord can feel overwhelming, especially if you own many different properties.Do you need landlord rescue? Read on for the five si...

By Axela Management - Sunday, April 14, 2024

Is Outsourcing Your Tenant Screening Process a Good Idea?

Did you know that approximately half of all property owners use property management services?Landlording is a lot of work. You have to worry about maintenance, bookkeeping, and tenant screening.Tenant screening requires a lot of research and time spent on potential renters. You h...

By Axela Management - Sunday, April 7, 2024

What's Next After Buying Your First Rental Property?

So, you've just acquired your first investment property. What do you do next? If you're a new landlord, you may wonder what steps to take.Read on to learn more about what you can and should do as a real estate investor.Decide Whether to Sell or RentAfter you purchase your...