DURHAM PROPERTY MANAGEMENT BLOG

Now is the perfect time to dive into the housing market, especially for our veterans! The Department of Veterans Affairs (VA) has temporarily lifted the ban on VA home buyers directly paying their real estate agents. This change, driven by the National Association of REALTORS®, is a significant win for veterans, especially first-time ...

In today’s fluctuating economy, where everything from groceries to utilities is getting pricier, it’s essential for us to help ensure our tenants aren't stretched too thin financially. That’s why we set our rental income requirement at three times the monthly rent. This guideline is designed to make sure that after p...

While moving to a smaller residence is a popular choice for some retirees, others choose to upsize and take advantage of the new flexibility of their retirement years. Whether you plan to use your free time to launch a new career, pursue a favorite hobby, or simply spend more time with loved ones, purchasing a larger residence post-retire...

For over 20 years, PPA Properties has been providing landlords with property management services in the Durham metro area. It oversees rental of single-family homes, townhouses, and condo buildings and has experience working with clients who live out of state. The company offers property marketing services, posting listings on several pop...

Are you thinking about boosting your income with an investment property? If you’re in a popular location, you could be on the right track when it comes to enhancing your financial portfolio. Rental properties can be extremely profitable, if you’re smart about buying, maintaining, and managing them. So if you’re intereste...

U.S. Rental listings has composed a list of five things that everyone should know prior to renting a home.  This list includes: knowing your rights as a potential renter; before signing your lease, you should know what your lease can and cannot do for you (understand your lease); know what to get in writing; know how to protect your ...

MSN Real Estate composed a list of four reasons that you as a tenant may be able to save on your rent.  The first reason on this list is because the property is priced higher than comparable units in the area.  The second reason would be if you are an excellent tenant that has an excellent payment history.  With this reason...

In January of 2014, the Hearld Sun did an article reporting that the foreclosure rate in Durham had decreased in 2013.  Foreclosures were down by 20 percent in 2013, the lowest it had been since 2002 in the county of Durham.  Overall, foreclosure filings were down 18 percent compared to the 2012 filings in North Carolina; the lo...

Recently, we came across an article from allpropertymanagement.com and they came up with a list of 10 reasons to hire a property manager.  The article explained that owning a rental property could be financially rewarding; however, it requires a large amount of your time and energy.  A few reasons they recommend a property manag...