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Property Management Blog

Blog Post What Tenants Look For in Milwaukee Rental Properties

What Tenants Look For in Milwaukee Rental Properties

By Performance Asset Management Thursday, November 7, 2024
As a Milwaukee landlord, you’re going to be facing plenty of competition in our local market. These competing landlords are going to be conducting their marketing campaigns based on what tenants in the area search for in a rental. By knowing what prospective applicants are ... More +
Blog Post Best Practices for Rental Property Marketing in Milwaukee

Best Practices for Rental Property Marketing in Milwaukee

By Performance Asset Management Monday, October 21, 2024
Your marketing strategies for your rental properties can determine how many prospective tenants you attract. Now is always the best time to begin marketing! As per the Milwaukee Journal Sentinel, the metro's vacancy rate of 3.7% dropped from last year's 7.6%, so the ... More +
Blog Post How to Handle Squatters as a Milwaukee Landlord: Understanding Wisconsin Squatter Rights

How to Handle Squatters as a Milwaukee Landlord: Understanding Wisconsin Squatter Rights

By Performance Asset Management Monday, October 7, 2024
Most landlords think the worst thing about a vacant rental property is the loss of income. The reality is that it can turn into finding unauthorized occupants (squatters) on your property. If you don't handle the matter correctly, it might land you in legal trouble. If you ig... More +
Blog Post Myths About Rental Property Pricing in Milwaukee, WI

Myths About Rental Property Pricing in Milwaukee, WI

By Performance Asset Management Saturday, September 28, 2024
According to Eviction Lab, there are nearly 200,000 renter households in Milwaukee, making it a great place for property investors in 2024.If you're looking to purchase a Milwaukee rental property, there's plenty to think about beforehand. Obviously, the biggest factor in... More +
Blog Post Legal and Optional Tenant Maintenance Responsibilities

Legal and Optional Tenant Maintenance Responsibilities

By Performance Asset Management Saturday, September 21, 2024
Property maintenance is one of the most time-consuming aspects of owning an investment property, yet it's essential for maintaining the value and appeal of your rental units. The property owner is responsible for keeping their property in a safe and habitable condition, but a... More +
Blog Post How Property Management Can Help You Protect Your Investment

How Property Management Can Help You Protect Your Investment

By Performance Asset Management Saturday, September 14, 2024
Are you juggling property inspections, leases, and advertising for your Milwaukee properties alone? You don't have to! Over 70% of property managers handle these tasks.In fact, only 45% of landlords manage their own properties, while the rest outsource. A property management ... More +
Blog Post Eviction Protection Plans for Your Rental Properties in Milwaukee, WI

Eviction Protection Plans for Your Rental Properties in Milwaukee, WI

By Performance Asset Management Saturday, September 7, 2024
According to Eviction Lab, Milwaukee, WI, saw 14,348 eviction filings in the past year alone (2023). Compared to the pre-pandemic average, that's 10% higher!With those high rates, you, as a Milwaukee landlord, should do everything possible to avoid being part of the statistic... More +
Blog Post How Section 8 Determines Rent Reasonableness in Milwaukee, WI

How Section 8 Determines Rent Reasonableness in Milwaukee, WI

By Performance Asset Management Wednesday, August 28, 2024
It's estimated that as many as 22.4 million renters can't afford rent. There is a serious housing crisis in this country, and unfortunately, Milwaukee, WI, isn't immune. The good news for residents of our city is that certain government programs, like Section 8, can h... More +
Blog Post Milwaukee Rental Property Inspections: How Often Should They Be Done?

Milwaukee Rental Property Inspections: How Often Should They Be Done?

By Performance Asset Management Wednesday, August 21, 2024
A typical single-family home in the U.S. now costs $18,118 to own and maintain yearly. That's almost $3,700 more than home ownership and maintenance costs in 2020!If you don't conduct rental property inspections as often as you should, you could spend more than that on ma... More +
Blog Post Creative Rental Leasing Strategies to Reduce Vacancies in Milwaukee

Creative Rental Leasing Strategies to Reduce Vacancies in Milwaukee

By Performance Asset Management Wednesday, August 14, 2024
The Milwaukee area is one of the most competitive rental markets in the nation. Between rising home prices and steep mortgage rates, more people are choosing to rent. However, the rental vacancy rate dropped from 7.6% last year to 3.7%.More landlords are retaining renters to impr... More +

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