Property Management Blog

Today it’s easier than ever to buy property outside of the area that you live and know. There are multitude of tools, websites and information online to help analyze areas of interest and the overall market performance.  Start with your investment objectives such as income versus appreciation, funds allotted, type of properties...

Single Family versus Multi-Family RentalIf you have been wanting or thinking about investing in residential real estate then you have probably asked yourself which type of asset should I invest in, Single Family Rentals or Multi Family? Both can be good investments and both have their pros and cons. Below we will show you why Single Famil...

If you are an investor on the west or east coast, you should consider investing in the Midwest and specifically Oklahoma. We speak with out of state investors daily about opportunities in Tulsa and Oklahoma City. Investors need to work harder to find good deals than they did five years ago due to the more competitive real estate market. T...

A question we are often asked, mainly by individuals who rent a home from us, is “Should we buy a home instead of renting?” In the past, popular belief would be “absolutely” however times have changed and the answer is not as easy as it once used to be. The trend today, especially by millennials and baby boomers, i...

The amount of time you spend on your rental might surprise you. How much time do you spend managing your properties? If you calculate everything involved from leasing to move-out inspection the time adds up quickly. Compare your time to the average time others spend on managing their rentals. National averages are based on data from NAPRM...

One of the biggest issues that investors and owners deal with in the single family and multi unit rental space is insurance. It’s a necessary evil. Nobody wants it but everybody has to have it. At Renters Place, we take pride in providing turnkey services for our investors so they don’t have to do anything. One of those servic...

Renters Place is a turnkey property management company of Single Family and Multi Family Rentals, however we are much more than just a property management company. Our experience in investing and relationships built over the last 15 years has given us the ability to find, purchase, renovate and sell properties for investors from all over ...

The first thing investors must learn when getting into the Single Family Rental business is that owning rental property is a business and you must treat it as a business. Anyone can buy a property and obviously it is important to try and buy the property right, but your long term success and failure will depend on how it is managed, which...

We are getting ready to take a couple of days off for Thanksgiving so we thought it would be a good time to reflect and share some thoughts on why Renters Place is so thankful.Our Investors and OwnersWe realize that we would not have a company and jobs for our employees without our owners. The reason we are in business is to serve our cus...

Experience Will Save You MoneyIf you use an inexperienced property manager it will take them years of experiencing different situations and knowing what to do. They will be learning on your dime. As Tulsa’s leading property management company, we have not seen all the issues that can happen but we have seen a lot and we have learned...