Salem Property Management Blog

Blog Post What Is the Difference Between a Repair and an Improvement?
By Centurion Real Estate - Sunday, April 2, 2023

What Is the Difference Between a Repair and an Improvement?

What Is the Difference Between Maintenance and Repairs to a Rental Property?As an investor, you want to take advantage of as many tax deductions as possible to increase the return on your investments. Maintenance on your property is a viable tax deduction. However, there is ...
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Blog Post Important Questions to Ask Your Insurance Agent
By Centurion Real Estate - Sunday, April 2, 2023

Important Questions to Ask Your Insurance Agent

Why Is Property Coverage Important?One of the most critical steps you must take to ensure the success of your rental property is getting the right property insurance.As your property management company, we cannot advise you specifically on what insurance policy to purchase. ...
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Blog Post The Value of Great Service
By Centurion Real Estate - Sunday, April 2, 2023

The Value of Great Service

Why Is Property Management Important?As the saying goes, "it takes years to build but just moments to ruin." This statement highlights the importance of having and maintaining excellent service.Since the value of good service is the term you will come across when you wa...
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Blog Post Pay Your Kids To Read These Books!
By Centurion Real Estate - Sunday, April 2, 2023

Pay Your Kids To Read These Books!

How Do I Reward My Child To Read?Investors know that a good and wise investment pays off in the long run. But have you considered more specifically the investment that you are making in your kids? If you have ever tried to explain real estate investing or other investment strateg...
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Blog Post Is It Time To Adjust Your Policy and Evaluate the Replacement Cost of Your Home?
By Centurion Real Estate - Sunday, April 2, 2023

Is It Time To Adjust Your Policy and Evaluate the Replacement Cost of Your Home?

What Factors Determine the Replacement Cost Value of a Home?Owning a home is amazing. It is a big part of the American Dream, and as a homeowner, you want to protect that investment. That is where homeowner's insurance comes in. For many people, their home is the biggest purc...
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Blog Post Preparing Your Investment Property for Sale
By Centurion Real Estate - Sunday, April 2, 2023

Preparing Your Investment Property for Sale

How Do I Sell My Investment Property?If you have plans to sell your investment property, you can get the best deal by planning ahead. We generally recommend 1 to 2 years to our clients in order to build a great financial picture of the property and to get the property into the be...
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Blog Post Security Deposit Accounting
By Centurion Real Estate - Sunday, April 2, 2023

Security Deposit Accounting

How Is Security Deposit Recorded in Accounting?Security deposit accounting is one of the more disputed aspects of property management. Landlords and tenants often get it wrong due to little or no understanding of the true concept of the security deposit. This is an in-d...
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Blog Post Real Estate for Kids: You’re Never Too Young to Start Learning!
By Centurion Real Estate - Sunday, April 2, 2023

Real Estate for Kids: You’re Never Too Young to Start Learning!

Teaching Your Children About Real EstateThe Millennial entrepreneur boom is also sparking a generation of entrepreneurial children. Kids today have more resources than their parents did when it comes to learning about business, and many have already dipped their toes into the mon...
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Blog Post Take Your Kids Along with You on the Journey of Real Estate Investing
By Centurion Real Estate - Sunday, April 2, 2023

Take Your Kids Along with You on the Journey of Real Estate Investing

What Is the Best Way To Invest in Your Child's Future?Want to do your kids a financial favor? It's time to add real estate investing to your duties as a parent.When you become a parent, your first goals are simply to invest in your child's health and well-being. You f...
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Blog Post Teaching Kids To Invest In Real Estate
By Centurion Real Estate - Sunday, April 2, 2023

Teaching Kids To Invest In Real Estate

Andrew Carnegie once said, "the wise young man or wage earner of today invests his money in real estate," and isn't that the truth? Getting your kids interested in real estate at a young age is one way to ensure they will be financially set in the future. ...
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