Hammond Property Management Blog

Tenant Retention Programs: 4 Strategies for Maintaining High Occupancy Rates in Hammond, IN

Imagine your investment properties sitting vacant, collecting dust. How much money would you lose in a month? If you own multiple properties in Hammond, IN, it could equate to thousands.The rental vacancy rate in America is now 6.4%. Instead of watching your vacancy rate increase...

Why Should You Outsource Your Property Management in Hammond, IN?

National vacancy rates reached 6.6% at the end of 2024. How many of your Hammond, IN rental properties are sitting vacant? Investing in real estate can become more expensive and stressful than it's worth without help.Instead, consider partnering with a property management com...

Top Tips for Rental Property Accounting Records in Hammond, IN

Starting a rental business in Hammond, IN means watching your expenses carefully. Outsourcing rental property accounting for tasks like regular bookkeeping or tax prep could cost $150 to $400 per hour, which is steep when you're new to the market.Managing your finances might ...

Signs You Need to Hire a Property Management Company in Hammond, IN

Are you pulling your hair out over vacancies, marketing costs, and problematic renters? You're not alone. Most landlords are individuals who own only a few of the 20 million rental properties in the US.Even if you own one property, it can cause you stress. Before it becomes t...

Is Outsourcing Your Tenant Screening Process in Hammond a Good Idea?

Picture this: You've got a cup of coffee in hand, a smile on your face, and not a care in the world about sifting through stacks of rental applications.Is outsourcing your tenant screening process in Hammond the magical solution you've been searching for?Well, it might be...

The Benefits of Hiring a Professional Property Management Company

Individual investors own nearly 14.3 million of the 20 million rental properties in the US. However, many don't manage their properties alone. If you own rental property in Hammond, Indiana, consider hiring a property management company.Professional property management soluti...

Mastering Lease Negotiations: Tips for Achieving Favorable Terms

Weathering the stormy seas of lease negotiations can often feel like venturing into the unknown. In truth, obtaining favorable terms isn't about sheer luck or chance; it's a finely honed art that requires preparation and strategy.Whether you've done negotiations befor...

4 Common Mistakes of Accidental Landlords in Hammond, Indiana

Did you stumble into property ownership and now need to learn how to be a landlord? You're not alone. Becoming a first-time landlord can be a daunting task.From finding and screening tenants to keeping them happy and handling disputes, you have a lot to do. If you are not car...

Is Real Estate Investing Worth It in Hammond, Indiana?

Most people are constantly looking for more ways to make money. That's why it's so important to make good investments.Real estate is a common investment choice. But is it financially sound to start snapping up real estate in Hammond? And is it the right choice for you?We&...

Commercial Property Investments in Hammond, Indiana: 4 Strategies for Success

Are you ready to expand your portfolio with commercial property investments? If so, PMI NWI can help you get started.Various types of commercial properties exist that can generate revenue. However, without implementing the right strategies, you may have a hard time managing them....