Fee-Maxing in Property Management
In the dynamic world of property management, a concerning trend has emerged— the pervasive practice of "fee maxing." This phenomenon involves property managers seeking to maximize financial gains by...
Blog
Advertise Rentals Vacant or Occupied?
At Smith Hearn Property Management, we've engaged in countless discussions with property owners facing upcoming vacancies. It's only natural for owners to want a new paying tenant in as quickly as possible to minimize lost rent. Yet, it's cruci...
Rentals May Not be for You
Investing in rental properties can be a lucrative venture, providing a steady source of income and potential long-term growth. However, it's not a one-size-fits-all strategy. There are certain characteristics that may indicate that rental prope...
How Much do Property Managers Charge in Baton Rouge?
If you’re a property owner considering hiring a property manager in Baton Rouge, you may wonder how much property managers charge?
While no set fee or commission rate applies to all property managers in Baton Rouge, certain factors can inf...
Golden Rules of Real Estate Investing
Real estate investing is a dynamic journey that can lead to tremendous wealth and financial security. However, this journey is not without its challenges. To thrive in the realm of real estate, one must adhere to a set of fundamental principles...
Real Estate Agent or FSBO
Hold onto your hats, because I have a real-life scenario of when selling a house FSBO vs hiring a real estate agent doesn't exactly work out.
Picture my wife and I, cruising through a familiar neighborhood, when bam! Right before us, a For S...
Cash Flow or Asset Appreciation
In the thrilling world of real estate investing, there's an age-old question that has sparked endless debates and fueled countless investment strategies: Which holds more weight, monthly cash flow or the tantalizing promise of asset appreciatio...
Real Estate and Wealth Strategy
If you're serious about stacking that wealth, you've got to consider the powerhouse that is rental property. Sure, you've got your stock market, investments, and the whole crypto craze, but don't overlook this gem.
Owning real estate isn't j...
Pros and Cons of Hiring a Property Manager
Investing is all about having your assets work for you, even while you're catching some z's. Real estate, when navigated skillfully, epitomizes this dream. But here's the kicker: merely acquiring a property or renting out your single-family hom...
Should You Hire a Property Manager?
Alright, let's break it down! Investors, they're a diverse bunch, each with their own unique situations. Now, here's the deal: specific scenarios and factors tend to lean owners in one direction or another. Now, hang tight because here come the...