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Property Management Blog

Blog Post How Online Tenant Portals Benefit Both Landlords and Tenants

How Online Tenant Portals Benefit Both Landlords and Tenants

By R&B Legacy PM Friday, April 26, 2024
Burlington, North Carolina, boasts almost 22,200 renter-occupied homes.Do you have a rental property in your portfolio? If so, you should know that online tenant portals have transformed the landscape of property management. They offer unparalleled convenience and efficiency for ...
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Blog Post Is Outsourcing Tenant Screening in Burlington a Good Idea?

Is Outsourcing Tenant Screening in Burlington a Good Idea?

By R&B Legacy PM Friday, April 12, 2024
Are you on the fence about outsourcing your tenant screening process?If so, it's easy to see why. On the surface, screening a tenant looks like a simple process any landlord can do. After all, what could be harder than checking a renter's credit history and a few other de...
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Blog Post 4 Simple Ways to Handle Rent Collection at Your Properties in the Burlington Area

4 Simple Ways to Handle Rent Collection at Your Properties in the Burlington Area

By R&B Legacy PM Friday, March 29, 2024
Think about it: You're a savvy landlord in the bustling Burlington area, where property demand is as high as the Green Mountain peaks.But there's one recurring headache: rent collection. From forgetful tenants to overdue payments, navigating the ins and outs of collecting...
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Blog Post How to Increase Lease Renewals at Your Rental Properties in Burlington

How to Increase Lease Renewals at Your Rental Properties in Burlington

By R&B Legacy PM Friday, March 15, 2024
The rental vacancy rate in North Carolina is about 6.3% (while the nation's average is 6.1%). Each vacant unit will cost you thousands in revenue a month. Learning how to increase lease renewals can ensure your success in today's competitive market.Retaining renters can l...
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Blog Post Understanding Owner Statements: A Guide for Landlords

Understanding Owner Statements: A Guide for Landlords

By R&B Legacy PM Wednesday, February 28, 2024
Are you looking to rent out your property in Burlington, NC? It's no doubt one of the most thriving medium-sized cities in the country, with many favorable metrics.Burlington has a low unemployment rate, lower housing costs, and a high median income. If you rent out your prop...
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Blog Post Tips for Rental Property Accounting Records

Tips for Rental Property Accounting Records

By R&B Legacy PM Wednesday, February 14, 2024
The rental prices in North Carolina are rising faster than the national average rent. Managing rental properties can be quite profitable. They offer a stable stream of passive income.Still, keeping accurate accounting records is crucial for success in property management. As rent...
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Blog Post Rental Management or Tenant Placement - Which Is Better?

Rental Management or Tenant Placement - Which Is Better?

By R&B Legacy PM Tuesday, January 30, 2024
Most rental properties are owned by individuals, but that doesn't mean individuals have to do all of the work.As a rental property owner in the Burlington area, you have a lot of responsibilities. Outsourcing some of your tasks can take a lot of weight on your shoulders.Wheth...
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Blog Post Why Choose Full Service Property Management?

Why Choose Full Service Property Management?

By R&B Legacy PM Monday, January 15, 2024
As a property owner in Burlington, you have several choices on how to manage your property. DIY management, partial management, or full-service - the options may feel like a lot.Full-service property management could be the answer you need. This is not just a convenience. It'...
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Blog Post Understanding Title Insurance

Understanding Title Insurance

By R&B Legacy PM Tuesday, October 31, 2023
What is title insurance? Newspapers refer to it in the weekly real estate sections and you hear about it in conversations with real estate brokers. If you’ve purchased a home you may be familiar with the benefits of title insurance. However, if this is your first home, you ...
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Blog Post Where Does the Money Come From for Mortgage Loans?

Where Does the Money Come From for Mortgage Loans?

By R&B Legacy PM Thursday, October 6, 2022
In the olden days, when someone wanted a home loan they walked downtown to the neighborhood bank or savings & loan. If the bank had extra funds lying around and considered you a good credit risk, they would lend you the money from their own funds. It doe...
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