The Importance of Conducting a Tenant Background Check
Veno Properties Blog
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1y ago
Approximately 40% of landlords run a tenant background check. That's a positive statistic, but what about the other 60%?These checks are one of the most important parts of the tenant screening process. Avoiding them is one of the biggest mistakes that landlords make during it.Read on to learn the major reasons why you need t ..read more
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3 Tips for Hiring a Property Management Company in Saratoga Springs
Veno Properties Blog
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1y ago
Individual investors own over 71 percent of all rental properties in the United States. When trying to build wealth and create a passive source of income, there is no denying the benefits of investing in real estate. If you are one of the millions of rental property owners with a full-time job, working with a property management comp ..read more
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How Do You Calculate Prorated Rent?
Veno Properties Blog
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1y ago
Another way to describe prorated rent is rent based on a division of the monthly rate. Sometimes it's useful or necessary to charge your tenant this way.  However, many property managers don't know how to calculate this type of rent. Thus, when the situation calls for it, they'll struggle to get it right. They may ev ..read more
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What’s Next After Buying Your First Rental Property?
Veno Properties Blog
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1y ago
In 2021, investors purchased about one-quarter of all rental investment properties in the United States. Rental investment properties can offer you a great side hustle or a full-time income. Knowing the right investment strategies helps you grow your portfolio and revenue. Suppose you buy your first rental property in Saratoga S ..read more
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How Do You Calculate Prorated Rent?
Veno Properties Blog
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1y ago
Landlords in New York make over $70K each year, which is above the national average. With such a positive outlook, it's no surprise that more people are interested in buying an investment property. But, managing rentals isn't always a simple process- there's a bit of math involved from the beginning.For example, you charge you ..read more
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What Are Typical Application Fees?
Veno Properties Blog
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1y ago
There are over 20 million rental properties in the United States, with millions more Americans looking to rent a space of their own. When renting a property, your retail application fee is a crucial first step during this process.But what are rental application fees? What should you expect to pay or charge during the rental application pr ..read more
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Why You Should Hire a Property Manager in Saratoga Springs, NY
Veno Properties Blog
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1y ago
Stocks, crypto, and precious metals. You hear about them all the time, but are they really worth it? Year after year, millionaires still say real estate is the best investment around.Well, if you're thinking of investing in real estate but you don't want to put in all of the work, you're in luck. Let's talk about why you s ..read more
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How To Find the Best Homes for Rent in Saratoga Springs, NY
Veno Properties Blog
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1y ago
There are more than 20 million rental properties in the U.S. Finding the ideal home for rent is challenging and stressful. For a high-quality property in a desirable area, there may be fierce competition.Real estate brokers claim that having a strategy is the key. Frequently, tenants put off looking for a new home unti ..read more
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3 Reasons To Hire a Property Management Company
Veno Properties Blog
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1y ago
It's no secret that the rental market in the US is hot. With over 44 million renters in the country, investing in rental property is a great way to generate income for the future. The only caveat is that there are a ton of responsibilities that come alongside owning rental property.One of the best ways to ease the stress of those resp ..read more
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3 Benefits of Using a Property Management Company in Saratoga Springs
Veno Properties Blog
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1y ago
New York is one of the most popular states in the country for renters. As of 2021, approximately 46.5% of available housing in the state of New York was occupied by renters. If you're an investor, it makes sense that you'd want to purchase investment properties in a state that's full of renters.Owning a rental property and ope ..read more
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