Blog - PMI Michiana

How to Create Long-Term Stability for Your Property Management Company

When you first started your real estate business, your goal was probably to find a fantastic investment property. Once you ticked that box, perhaps your next goal was a property portfolio.But have you given much thought as to what comes next?Now that you've achieved success, ...

Essential Tips for First-Time Landlords in South Bend, Indiana

Are you a first-time landlord in South Bend, Indiana? While it's had a slight population decline since 2020, it's still a popular city to live in. It has a median income close to $70,000, making it a great place to run a rental business.However, as a first-time landlord, ...

The Importance of Maintenance Coordination for South Bend Properties

Indiana is a promising choice for investors wanting to earn passive income from rental properties. The state has shown positive growth in the last few years and attracts many potential renters.South Bend, Indiana, attracts many newcomers looking for opportunities in the thriving ...

Turnkey Property Management: Automating South Bend Income

Turnkey real estate lets you invest anywhere, find better value properties, and remain popular with renters as you diversify your portfolio. To make the most of your property, though, it's important to invest in turnkey property management services.Here, we're going to ta...

Common Rental Property Accounting Mistakes to Watch Out For

Many rental property owners make it sound like owning a rental and collecting rental income is easy. You buy a great property and collect passive income indefinitely.But there is much more to it than that. You risk making mistakes and losing money without understanding the ins an...

A Guide to Eviction Protection for Landlords in South Bend, Indiana

Eviction is a major issue in Indiana. There have been well over 235,000 eviction filings in the state since March of 2020. As much as you'd like every tenant to remain in your rental property, sometimes eviction is necessary.If you think you may have to file for eviction prot...

How Often Should a Landlord Inspect Rental Property in South Bend, IN?

Are you planning on renting out your property in South Bend, IN? It's a great city to live in and has an affordable renting rate for most Americans.However, this comes with a caveat. You may attract many potential tenants to your South Bend rental property. The problem is tha...

How To Get Tenants To Renew Leases In South Bend, IN

The US rental vacancy rate is 6.6%, compared to 5.8 last year. If you're not generating lease renewals, your South Bend, IN properties may sit empty. You could struggle to compete with other landlords in the area.Instead, read on to encourage renewals and keep reliable tenant...

The Pros and Cons of Allowing Pets in your Rental Property

Imagine someone who was always there for you, who always had a smile or hug when you needed it most. Pet owners have that comforting support every day. In fact, half of all pet owners say their animals are part of the family.If you're not allowing pets in a rental property, y...

Decrease Vacancy With Creative Leasing Strategies

Imagine your stunning South Bend rental property sitting vacant all year. How much money would you lose? Unfortunately, this issue is becoming more common as the rental vacancy rate continues to rise.Learning how to attract a new tenant and retain the ones you have can boost your...