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Property Management Blog

Thursday, June 21, 2018

The Birch Quarterly July 2017
Property Management Blog
Rental Properties 101Selling is a topic that has come up many times with many of our clients, especially with all of the good press on the sales market. But is it a good idea? To answer that question, we will rely on our own insight of the local market, resources from our Certified Public Accountant, and a recent article in the National A...

Thursday, June 21, 2018

The Birch Quarterly April 2017
Property Management Blog
MaintenanceKeep your eyes out for a very informative owner maintenance handbook making its way to you very shortly. Over 6 months in the making, we have taken all of the commonly asked questions regarding property maintenance and condensed them into a very easy to use handbook.  Included in the handbook are answers to commonly asked ...

Thursday, June 21, 2018

The Birch Quarterly January 2017
Property Management Blog
Sales TaxOn December 29, 2016, we became aware of a sales tax on certain maintenance labor expenses with an effective date of January 1, 2017.In consultation with our Certified Public Accountant (CPA), maintenance providers, and legal counsel it was determined that most labor on maintenance items is subject to this sales tax.The North Car...

Wednesday, May 23, 2018

Tips for Renting Homes from Birch Management
Property Management Blog
Many people mull over the idea of renting out their homes in Greensboro in a down market. They may want the benefit of extra income to save money or help pay off debt. Or they may choose this method as a way to wait things out until the economy improves, instead of losing money selling their property. The motives are plentiful but it'...

Wednesday, May 23, 2018

Benefits of Renting Your Property with Birch Management
Property Management Blog
Thinking about selling a residential property in Greensboro? Think again. There may be more value to holding onto it and renting your property in Greensboro than you realize. It's worth evaluating such potential benefits as rental income, tax deductions, and property appreciation before you put out the “For Sale" sign.Renta...

Wednesday, May 23, 2018

Renters Are Earning More, And That Means Landlords Are Too
Property Management Blog
A popular narrative of the U.S. housing market has been that big city prices are locking out young buyers, feeding a cycle in which a growing number of people are forced to rent at ever higher rates as demand overwhelms supply. Throw in the fact that wages haven’t kept pace, and you have a wor...

Wednesday, May 23, 2018

How to Rent Out Your House and Make Bank
Property Management Blog
How to Rent Out Your House and Make BankThere are many reasons you might be one of the many homeowners wondering how to rent out your house: Maybe you’ve tried to sell your home but the market’s too sluggish, or you’re moving to a new area but want to hold on to your old property and rake in some income on the side.Whate...

Wednesday, May 23, 2018

Three Simple Landlord "Mistakes" That Could Send You To Prison
Property Management Blog
Do you look good in orange?How about an orange, one-piece jumpsuit?I recently watched the entire first series of "Orange is the New Black" on Netflix, and although it was an entertaining look at life inside prison, it also made me realize how much I really don't want to end up there. Frankly, I like my freedom and personal s...

Wednesday, May 23, 2018

Landlords and the Fight with Short-Term Rentals
Property Management Blog
Welcome to the sharing economy. After years of corporations dominating markets, people have now found a way to tap into these markets without having to invest millions. One company that helps people make money from the sharing economy is the short-term rentals agency, Airbnb.Founded in 2008, Airbnb allows people to list their homes as sho...

Wednesday, April 25, 2018

How to be a good landlord/property manager:
Property Management Blog
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 would treat any other business venture, amazing thi...

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