Property Management Blog

Rent-to-Own Homes: A Path to Homeownership in New Orleans, Louisiana

The average asking price for a home in New Orleans at the beginning of 2024 was around $365,000. To buy this house with a conventional loan, you might need $73,000 for the down payment.Many people can't afford this, yet they want to become homeowners. The good news is there i...

Staying Informed: The Latest Real Estate News and Market Updates in New Orleans

There's something enchanting about New Orleans that captivates half a million people and shows them a new life. Whether you're looking for a new home or investment property, the real estate market in New Orleans could work to your advantage.Although this city is known for...

3 Secret Benefits of Screening Tenants in New Orleans, Louisiana

Among states with the most renters behind on payments, Louisiana ranks ninth. About 20% of renters in the area are behind. What if you selected one of these renters?Their failure to pay on time can affect your earning potential. Before that happens, invest in tenant screening ser...

A Deeper Look into Rental Property Maintenance in New Orleans, Louisiana and Who Pays for It?

New Orleans is one of the best cities for investing in real estate thanks to affordable property prices, many market opportunities, and a favorable tax environment.The city's many cultural attractions, activities, and good employment opportunities are also a huge drawcard for...

How Property Management Can Help You Protect Your Investment

You've just bought your dream property. It could be a quaint cottage in the suburbs, or perhaps a sleek New Orleans apartment with a view that takes your breath away.The excitement of owning such a valuable Louisiana asset is palpable, but so is the responsibility that comes ...

Why Owners of Vacation Homes Should Go with a Professional Property Manager?

Did you know that approximately 31% of property managers in the US also handle maintenance services for their properties? This service can prove very useful to investment property owners.When managing a rental property, the responsibilities can quickly pile up. This pile-up can m...

Rental Management or Tenant Placement - Which Is Better?

You face challenges with your rental property business. What landlord doesn't? But is it time to seek help from a property management firm?It might be, but you'll have choices. Two common choices are tenant placement services and rental management.Both services help landl...

Things to Consider When Choosing a Leasing Agent

As a property owner, filling your units is one of your highest priorities. You lose money every month that a unit sits unoccupied. And when 41% of properties experience vacancies each year, it's bound to happen sooner or later.That's why being able to find tenants quickly...

Real Estate Trends Affecting Investors in 2024

If you're a New Orleans real estate investor, you're probably crying out for a return to the good old days. After all, last year saw both rents and house prices drop considerably across the area, reversing the gains of previous years.While we cannot tell you what will hap...

Real Estate Portfolio Management: Best Practices in New Orleans

Fifty-three percent of residential real estate investors expect business growth in 2024. One of the best ways to grow your business is to look at your portfolio performance.This means that you need to have a solid understanding of how your investments are doing. You also need to ...