Blog
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Property Management: How Does It Work?
Owning rental property can be an excellent financial investment, but managing it effectively requires a different kind of investment—one of time, knowledge, and a hands-on approach. That’s where property management comes in. Whether you own a single rental unit or a portfolio of properties, hiring a property manager can save you from the headaches and…
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Can You Write Off Property Management Fees?
Property management fees are a common expense for rental property owners, but some wonder if they’re tax-deductible. Good news: Yes, you can write off property management fees, and doing so can significantly lower your taxable income. But when it comes to rental property tax information, that’s just the tip of the ice berg. Before we…
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Landscaping & Common Area Upgrades for Multifamily Properties
Landscaping and common area upgrades are key to enhancing the tenant experience and increasing the value of multifamily properties. Beyond visual appeal, landscaping creates a welcoming atmosphere and improves the property’s value and desirability to tenants. Upgrades to common areas can foster community engagement while offering additional living spaces and amenities that prospective tenants love.…
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Epic Insights: Property Management Tips and Resources from 2024
As we wrap up 2024, we’re taking a moment to reflect on the many different insights and resources we’ve shared this year on the Epic Property Management blog. From advice on maintaining rental properties to strategies for getting the most out of your investments, we’ve pulled together all of our 2024 posts to make it…
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The Qualities of a Good Landlord: A Guide to Success in Property Management
Imagine a property owner who bought her first rental home as an investment. Exciting! Ready to take on the role of a landlord, she pictured smooth sailing, flush with passive income and happy tenants. But within months, things spiraled out of control. A leaking pipe went unaddressed for weeks because she was overwhelmed by her…
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The Rent Collection Process
At its simplest level, cash flow and the success of your rental properties can be boiled down to how effectively you collect rent. No rent, no profit, no business. But if the rent collection process seems like it should be straightforward, without the right strategies and systems in place, handling this task can be challenging. …