Blog

Are you wondering whether to hire a property manager or take on the task of self-managing your rental property? As a landlord, this is a big decision that can impact your time, stress levels, and overall profits. While self-managing gives you full control, it also comes with added responsibilities. On the other hand, hiring a property manager can free up your time but may cost you a portion of your rental income. In this article, we’ll explore both options to help you decide which approach is best for managing your New Jersey investment propert…

Sometimes we view something as an expense, but it could provide more value and should be categorized as an investment instead. A concrete example is rental renovations. You may consider the costs of improving your unit as a negative cash flow but in reality, you may be making headway for a future positive cash flow. A major reason landlords perform rental property renovations is to limit vacancies. Adding more value to your rental engages more potential tenants and inspires your current renters to renew their leases. You should aim to offer yo…

Are you a homeowner pondering whether to rent or sell your house? It's a common dilemma, and deciding between these two options can feel overwhelming. Both choices have unique benefits and challenges, what works best often depends on your personal circumstances, financial goals, and market conditions. Renting out your property can provide a steady stream of income and potential tax advantages, but it also comes with responsibilities like maintenance and tenant management. On the other hand, selling your house might offer a substantial lump sum…

Are you struggling to grab the attention of potential tenants with your property listings? Crafting an effective property listing is more than just a description—it’s your chance to make a great first impression and attract the right tenants. Whether you're a new landlord or a seasoned property owner, mastering the art of writing compelling listings can make all the difference. Well-written listings help your property stand out in the rental market, attracting quality tenants. In this guide, we'll walk through practical strategies to help you…

Deciding to become a landlord for the first time is both an exciting and challenging venture. Whether you're renting out a property as an investment or managing a single rental unit, there are essential tips and best practices that can help you navigate this new role effectively. Here are some crucial tips by Lone Eagle Property Management for first-time landlords to ensure a smooth and successful experience! 1. Understand the Legalities One of the first steps to becoming a successful landlord is understanding the legal requirements and regulat…