Property Management Blog

4 Steps to Accurate Commercial Property Valuation in Dickson, TN

Are you considering investing in commercial real estate? Analysts see opportunities in the year ahead, especially in high-growth areas like Dickson and the rest of the greater Nashville area.You have many critical factors to consider, and one of these is the commercial property v...

Understanding Commercial Property Insurance Needs in Dickson, TN

After years of double-digit increases, commercial property insurance rates show signs of stabilizing.If your properties are uninsured or underinsured, now could be the time to reevaluate your needs. Safeguarding your investment against potential risks is essential whether you own...

3 Property Performance Optimization Tips in Dickson, TN

Are you a property owner in Dickson, TN? If so, you might be asking how to maximize your investment and attract high-quality tenants.The concept of property performance optimization is critically important, and enhancing your property's value can lead to increased rental inco...

Boost Profits with Efficient Lease Audit & Cost Recovery In Dickson

In 2024, a property management company faced a significant financial setback, with the Federal Trade Commission (FTC) imposing a $48 million fine for undisclosed fees charged to tenants.This incident highlights the critical importance of thorough lease audits and cost recovery pr...

Facility Management Best Practices: Optimizing Efficiency and Tenant Experience in Dickson, TN

A landlord's average return on investment (ROI) is 7% to 8%; if you want plenty of money, your ROI should be at least 15%. For those unfamiliar with ROI, your rental income should ideally exceed your expenses by 15%. Unfortunately, being a landlord can be difficult, and ...

The Art of Commercial Lease Analysis: Uncovering Hidden Opportunities in Dickson, TN

How well do you understand your lease terms, and are you leveraging them to uncover hidden opportunities? For property investors in Dickson, TN, commercial lease analysis is an essential skill that can significantly impact profitability. If you're looking to lease space for y...

The Pros and Cons of Section 8 Tenants in Dickson, TN

A recent Pew Research Center survey found that nearly seven in ten Americans (69%) are worried about housing costs. This statistic indicates that housing affordability is a huge issue in America.If you're a landlord in Dickson, TN, you may have heard about the Section 8 housi...

Is Outsourcing Your Tenant Screening Process in Dickson, TN, a Good Idea?

How well do you know your Dickson, TN renters? If the answer is "not well," reconsider your rental application process. Without strong screening criteria, you could select unreliable and even troublesome renters.Before that happens, develop a thorough tenant screening&n...

Understanding Lease Enforcement in Property Management in Dickson, TN

With any landlord-tenant deal, it's a two-way street. While it's your job to maintain the property, return deposits, and ensure all of your tenant's essential needs are met, it's their job to respect your property and pay the agreed rent on time.When one party fai...

4 Strategies for Rental Property Accounting in Dickson, TN

You've just wrapped up a long day managing your rental properties in Dickson, TN. The phone has been ringing off the hook with tenant requests, maintenance issues, and inquiries from potential renters. You sit down to review your finances only to be greeted by a mountain of p...