New Orleans Property Management

March 9, 2022

How Landlords Increase Net Operating Income

Are you wondering how landlords increase net operating income? In the real estate industry, net operating income (NOI) measures how profitable an investment is. Generally speaking, NOI is equal to the revenue from a property less all reasonable operating expenses before taxes.  If you’re a landlord, I’m sure you already know that […]
March 2, 2022

Why Landlords Need Tenant Placement Services in New Orleans

Have you ever signed a lease without being sure that the tenant would pay? Landlords and property managers rarely realize how costly renting to a poor tenant can be. It can lead to thousands of dollars of lost revenue over the lifetime of their tenancy combined with numerous headaches in your everyday […]
February 23, 2022

Ways to Reduce Rental Property Repair Costs 

Property maintenance is a responsibility that every landlord has to deal with. Without proper planning and intelligent decisions, rental property repair costs can quickly get out of hand.  Here are some helpful tips to reduce repair costs for your rental properties. 6 Easy Ways to Reduce Rental Property Repair Costs 1. Purchase […]
February 16, 2022

Rental Laws In Louisiana: Are You In Compliance?

Every landlord should understand that adhering to rental laws in Louisiana is critical to maintaining a positive landlord-tenant relationship and a pleasant rental experience. Providing these basic landlord/tenant laws to new tenants will avoid potential legal issues.  Here are some tenant/landlord laws in Louisiana you should be aware of.  5 Rental Laws […]
February 9, 2022

Online Rent Collection Tips (and Apps) for Landlords

As a landlord, finding good tenants is essential to your success. While good tenant screening can help, collecting rent every month and on time is another story. Rental property management is changing, and if you haven’t switched to online rent collection, you’re missing an opportunity to make your job easier.  In this […]
February 2, 2022

Common Lease Loopholes For Landlords

A lease or rental agreement specifies the terms between landlords and tenants in an occupancy relationship. Leases and rental agreements must address the basic parameters of the tenancy. Attention to any common lease loopholes will save you time and money during the tenants’ occupancy.  As a resource, we’ve put together a list […]
January 26, 2022

Why Landlords Need Regular Property Inspections in New Orleans

As a landlord, maintaining your rental units in good condition is essential. Biennial property inspections n New Orleans can help you keep on top of potential issues. It is a legal requirement in NOLA for landlords to make necessary repairs and maintain rentals in livable condition. The rental registry requires inspection every three years. […]
January 12, 2022

Adding Value to an Investment Property: 4 Ways To Maximize Your Profit

Real estate investing is a smart way to grow your net worth. However, only a small number of property owners realize their full potential by adding value to an investment property.  In most cases, tenants are just there “to occupy space” and not add value to the property, but that is not always […]
January 5, 2022

How to Effectively Deal With Late Rental Payments In New Orleans

One of the most common disputes you may have with tenants is late rental payments in New Orleans or not paying at all! Tenants who don’t pay rent can cause a number of problems. They can hurt your bottom line and lead to legal issues. No fun! To reduce the risk of […]