Information & Videos

If you are a self-managing rental property owner, it’s only a matter of time before you receive the dreaded phone call from your tenant alerting you to a maintenance issue. This could be a faulty appliance, HVAC, or any number of other common home repairs. Often the solution is to hire a competent third-party service provider to han...

Whether you as a rental property investor choose to hire a property manager or self-manage your rental investment portfolio, it’s essential that your vacant property is being marketed for maximum exposure to find the quality tenants you desire, or to check that your property manager is doing these marketing actions of your behalf.Do...

Our team at NewGen Property Management talks to a lot of homeowner weighing their options between converting their primary residence into a rental property or selling. It’s not an easy yes or no. Her are six questions to ask yourself when trying to decide:If I didn’t own this home today, would I buy it as a rental property? Th...

“I am getting a service animal and it’s a turkey.”While this may seem silly or unrealistic, but the truth is this is a real story. As a landlord, what do you say? Do you know the laws around service animals? If you don’t, you should brush up because HUD doesn’t take service animals lightly. Let’s test y...

As with any asset, there may come a day that you as a landlord may want to sell one or more of your rental properties. A common question that arises when it comes time to sell is, “Can I sell my rental property with tenants still in place?” The simple is yes, however, there are a few caveats to be aware of if you decide to go ...

The team at NewGen Property Management works with a lot of first time investors. We are able to lend valuable advice to help them get started on the right track with their real estate investment journey. One of the most frequently asked questions we get is, “What kind of property should I buy? Are condos and townhomes better or wors...

No matter how diligently you’ve screened your tenants, you’re bound to eventually get a bad one. Bad tenants tend to violate one of two things: the rent or the lease. We’ve outlined the steps a landlord should take when handling either non-paying or lease-violating tenants below.Payment ViolationsIf your tenant is strugg...

How much does hiring a professional property manager cost? This is a question we regularly encounter and the answer is, it depends. As a real estate investor, you want to look for a property manager with a transparent and straightforward fee and cost structure. In this post, we cover the five common fees you should expect to pay if you hi...

New and experienced investors alike struggle to answer the question of how much money they should be budgeting for rental property repairs.To put into perspective just how challenging this can be, we looked to one of the largest publicly traded single-family investors, American Homes 4 Rent. As a large institutional investor, AH4R has a t...

A critical mistake we advise rental property investors NOT to make, is placing a tenant and then forgetting about the property. In this blog, we will cover the best practices for inspecting occupied rental properties. Not only will we cover what to look for in these inspections, but also the frequency we recommend ensuring your property i...