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Property Management Blog

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 +
Blog Post Essential Property Marketing Tips to Attract Tenants in Milwaukee

Essential Property Marketing Tips to Attract Tenants in Milwaukee

By Performance Asset Management Wednesday, August 7, 2024
The city of Milwaukee's average asking rent in April 2023 was $1,671; nearly a 4% increase from the same time last year. Milwaukee is now the second-most competitive rental market in the US. However, the vacancy rate (5.8%) is one of the lowest in the country.With the vacancy... More +
Blog Post 5 Key Strategies for Maintenance Coordination Success

5 Key Strategies for Maintenance Coordination Success

By Performance Asset Management Sunday, July 28, 2024
Do you get anxious thinking about maintenance for your rental properties? Do you find yourself constantly falling behind on task scheduling or meeting the needs of your tenants?Maintenance coordination is paramount to keep happy residents and ensure your buildings stay in good sh... More +
Blog Post 4 Simple Tips for Effective Rent Collection

4 Simple Tips for Effective Rent Collection

By Performance Asset Management Sunday, July 21, 2024
Imagine you're a landlord managing several rental properties. It's the first of the month, and you find yourself anxiously checking your bank account, waiting for the rent payments to come through.Despite sending multiple reminders and making countless phone calls, you no... More +
Blog Post Tenant Criminal Background Check: What You Need to Know

Tenant Criminal Background Check: What You Need to Know

By Performance Asset Management Sunday, July 14, 2024
As the old saying goes, "A good start is half the work." As a landlord, being successful often begins with finding the perfect tenants-those who make your job easy rather than challenging. Ensuring you have reliable, trustworthy tenants can significantly impact your pro... More +
Blog Post Real Estate Asset Management Best Practices That Put Money In Your Pocket

Real Estate Asset Management Best Practices That Put Money In Your Pocket

By Performance Asset Management Sunday, July 7, 2024
Are you looking to expand your real estate investment portfolio in the Milwaukee area? Real estate asset management may seem tricky, but it doesn't have to be.As long as you have a solid strategy in place, you can keep your investments safe and secure. Here are some tips to c... More +
Blog Post Pros and Cons of Allowing Pets in Your Milwaukee Rental Property

Pros and Cons of Allowing Pets in Your Milwaukee Rental Property

By Performance Asset Management Friday, June 28, 2024
Have you heard that 72% of renters have at least one pet?Milwaukee landlords often face the decision of whether to allow pets in a rental property. Understanding the drawbacks and perks can help them make an ideal choice.Are you on the fence when it comes to pets? Read on for our... More +
Blog Post Benefits of Online Portals for Owners and Tenants in Milwaukee, WI

Benefits of Online Portals for Owners and Tenants in Milwaukee, WI

By Performance Asset Management Friday, June 21, 2024
Milwaukee, Wisconsin's median rent grew by 6.39% in only a year. This leaves ample room for investors to increase their earnings.While there is a space for rental property owners, it won't be easy to make rental property income. However, a tenant portal can streamline mul... More +
Blog Post Is Outsourcing Your Tenant Screening Process a Good Idea in Milwaukee?

Is Outsourcing Your Tenant Screening Process a Good Idea in Milwaukee?

By Performance Asset Management Friday, June 14, 2024
You're a property manager in Milwaukee, balancing a hundred tasks at once. From dealing with maintenance requests to ensuring rent is paid on time, your days are a whirlwind.Then, just as you think you've got a moment to breathe, the phone rings. It's another prospect... More +
Blog Post How to Keep Great Tenants in Your Milwaukee Investment Property

How to Keep Great Tenants in Your Milwaukee Investment Property

By Performance Asset Management Friday, June 7, 2024
Wisconsin is an excellent investment choice for potential landlords, with a residential vacancy rate that is lower than the national average. While this makes it a lot easier for landlords to attract tenants, it doesn't mean they can relax when it comes to retaining tenants.T... More +

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