Property Management Blog

Blog Post
By Cruise Property Management - Wednesday, May 15, 2019

The most important job property managers do - Tenant placement Part 1

I wrote about “What Property Managers Do” in the past. There are more than 60 things I do, but some are more important than the others. So what is the most important jobs that property managers do? I think it is choosing the right tenants. Once that is taken care of, ...
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Blog Post
By Cruise Property Management - Tuesday, May 7, 2019

4 Things to Know Before You Hire a Property Management Company

There is this great blog by Landlord Source called “What to Expect from Your Property Management Company.” You can read it here. Hiring a property manager is a little different than managing your own properties.Make sure you know the responsibilities of the manager. T...
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Blog Post
By Cruise Property Management - Wednesday, May 1, 2019

Should I pay off my mortgage? Part 5 (Diversification)

I wrote 4 blogs so far about why you should NOT pay off your mortgage. This blog will talk about yet another reason why you don’t want to pay off your mortgage. It’s about diversifying the risk.If you only have one rental property because you paid off and didn’t...
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Blog Post
By Cruise Property Management - Tuesday, April 23, 2019

Should you hire a property manager?

I wrote a blog in the past about 20 questions to ask before hiring a property manager. But before you do that, you have to ask yourself if you really want to hire a property manager. Hiring a property manager is not for everyone. For some people, it’s better off managing by...
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Blog Post
By Cruise Property Management - Tuesday, April 16, 2019

What property managers do

You may wonder why property managers charge fees when all they do is just collect the rent, which may take no effort if tenants pay online. While that is not what all we do, even if that’s the case, we should charge something. The reason for it is because we need to be on s...
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Blog Post
By Cruise Property Management - Tuesday, April 9, 2019

Should I pay off my mortgage? Part 4 (Lower payment)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional.In the past three blogs, I wrote about why it may be better not to pay off your mortgage. First of I talked about getting a...
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Blog Post Should I pay off my mortgage? Part 3 (Depreciation)
By Cruise Property Management - Tuesday, April 2, 2019

Should I pay off my mortgage? Part 3 (Depreciation)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional.In the past two blogs, I wrote about why it may be better not to pay off your mortgage. First of I talked about getting a b...
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Blog Post Should I pay off my mortgage? Part 2 (Extra Equity)
By Cruise Property Management - Tuesday, March 26, 2019

Should I pay off my mortgage? Part 2 (Extra Equity)

*Below is to show an example in a particular situation. In real life, you may have to consider your unique case and consult with an appropriate professional. At the last blog, everything being equal, I wrote about why buying multiple houses generates more cash flow than paying of...
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Blog Post Should I pay off my mortgage? Part 1 (Cash Flow Is King)
By Cruise Property Management - Wednesday, March 20, 2019

Should I pay off my mortgage? Part 1 (Cash Flow Is King)

*Below is just to show an example in a particular situation. In real life, you may have to consider your unique situation and consult with an appropriate professional. Let’s say you just got $200,000 mortgage for your primary residence and right after that inherited $200,00...
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Blog Post What's Wrong With
By Cruise Property Management - Tuesday, February 5, 2019

What's Wrong With "Great" Tenants?

All owners are looking for great tenants. Those who have great credit scores, keep the house clean, have been working for a long time at secure high-income jobs, no criminal history, and no evictions. There are two problems with these types of people. Can you figure out what they...
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