Landlords are required to follow the North Carolina Tenant Security Deposit Act, and today we’re talking about how you should collect, hold, and return a tenant’s security deposit. We won’t spend a lot of time discussing every detail; these are just some high level tips and tricks to help make you a more successful and s...
Understanding how you can increase your portfolio of rental properties is an important part of owning residential investment property. Today, we’re talking about property investment strategies and how to grow your property portfolio.How to Invest in Property: Goals and CriteriaWhether you’re looking for appreciation or cash f...
When you’re getting your Charlotte residential rental property ready for the market, there are a few tips you can use to make the process more effective. We’re sharing those with you today.FunctionalityFirst, you need to take care of any elements that are unsafe or things that aren’t working. These issues absolutely hav...
There are a few tips and tricks that you can use to increase the return on your residential real estate investment. Today, we’re sharing some of the most important things you can do.Tenant TurnoverAs you may have heard, turnover is the highest cost in property management. Often, it’s not regarded as such because there are hid...
There are so many great reasons to invest in real estate, and I’d love to spend hours talking about it. But today, we’re going to simplify the topic and discuss why you should invest in real estate, why you should invest in residential real estate specifically, and then what’s going on in Charlotte that makes it great f...
Recently I heard a story I have heard many times before, and it never ends well. We’re using this story to explain what you have to gain by working with us at Sunnon Property Management.Bad Property Management ExperiencesThe person I spoke to had a home that he turned over to a property manager. He was charged a leasing fee and a m...
1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to? If you don’t understand, ask questions before you sig...
1. Run Your Property Like a Business. Some landlords do a terrible job at running their business. It might be because they see it as a “side-gig” or a "hobby” more than a business. However, when you treat your business with the respect, systems, and organization that you would treat any other business venture, amazing th...
1. Read your lease. No, seriously read it. It won’t be the most exciting night table material but you’ll thank yourself when you do read it. A lease is a binding legal contract. It creates a binding relationship between you and your landlord. What are you agreeing to? If you don’t understand, ask questions before you sig...
