Archive for February 2012

Members from BMG Rentals and Jacob Grant PM attend the NARPM Broker/Owner conference

The National Association of Residential Property Managers (NARPM) held its first annual Broker/Owner Conference in Las Vegas. Over 250 property management company owners got together to discuss national issues and the property management industry. Here is a sample of the topics that were covered: Marketing your company outside the box Forms procedure and processes that…

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Renting is the new owning . . .

Some statistics to consider: BMG Rentals as a property management company has seen record growth in Idaho Falls and Salt Lake due to positive factors affecting the rental industry. In previous years, it was embarrassing to say you rent. Today, in some cases, it is embarrassing to say you own. According to the US Census Bureau, the U.S. home…

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Managed Property and Rental Housing Trends

2012 has started with relatively good news for both investors and property managers of rental residential real estate. The most relevant breaking story came on Thursday, January 12th when we learned that foreclosure filings and repossessions have fallen to their lowest level since 2007 last year. Total filings, including default notices and bank repossessions were…

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How Rental Housing is Being Advertised for 2012

How Rental Housing is Being Advertised and Vacancies Filled 2012 will see the expansion of rental housing being advertised online or via sites that correlate to the explosive growth in the usage of Smart Phones and tablets such as the Apple’s iPad. Property managers are also finding that social networking sites, like Facebook and Twitter,…

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The Importance of Property Maintenance, Part 2

Last time I talked about the importance of property maintenance. If you find yourself neglecting the small items, you’ll soon be on the hot seat for more expensive repairs. Building managers can find themselves with a run-down, in-desperate-need-of-repair building a lot sooner that they think. I’ve included a list of areas that should be inspected and…

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The Importance of Routine Maintenance, Part 1

With marketing activity being ramped up in a tough rental market, property managers are sometimes guilty of neglecting property maintenance. Warning: you do so at your own risk. While the majority of property managers are very responsive to routine maintenance requests, sometimes we forget that performing some routine maintenance at regularly scheduled intervals can reduce…

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BMG Opens New Property Management Office in St. George, UT

Property Owners in St. George can now choose 5 star rated BMG Rentals Property Management! The great property management service that owners have appreciated in Salt Lake City and Idaho Falls are now available in St. George, UT.  After doing some market research in the area, it was determined that a service oriented property management…

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