Want to sell your property? Use a 1031 Exchange

Did you know that if you own a property that is not your primary residence, you are actually classified by the IRS as somewhat of an investor? This makes selling your property just a bit tricky, especially when it comes to the taxes which come along with it. In such cases, a ...

Vacation Home Property Management

Vacation rentals are steadily rising in popularity as vacationers are drawn to a more relaxed home setting in a local atmosphere as a cost effective alternative to a single hotel room in a bustling tourist district. The market is swarmed with up and coming vacation rentals and i...

Welcome to PMI Prime Property Services

PMI Prime Property Services is a full-service property management company located in Morristown, New Jersey and part of the Property Management, Inc (PMI) global network. Our services and location We provide quality, customized, property management solutions for residential, comm...

Tough Renting Decisions Made Easy

Owning a rental property can be an excellent source of passive income for the property owner. However, if you try to manage your own rental property, you might find yourself struggling to make all the important decisions that go into marketing and managing a rental property. ...

Screen Applicants Finding Tenants

Having the right tenants in your commercial or residential rental property can make all the difference in the world. Even a single uncooperative tenants can create situations that can cost you dozens of hours and thousands of dollars to handle. The most important thing you ca...

Why Conduct Regular Inspections of Your Rental Properties

If we didn’t trust our tenants, we probably wouldn’t rent to them, but when it comes to your properties and the protection of their value, here are 3 reasons as to why it is a good idea to conduct regular inspections of your rental properties. First, to confirm that no ill...

Why Use a Property Manager

Purchasing rental property in NM is a smart investment and can be a significant source of residual income for property owners. However, property management can be an enormous undertaking that requires a great deal of time and effort. Property management involves the process of f...

Winter Is Coming: Are You Ready?

A lot of work goes into preparing a property for the dangers presented by even mild winters. Adequately winterizing a property means taking precautions to protect the pipes and plumbing systems, reinforcing windows to save energy costs, inspecting roof integrity and drainage,...

How to Manage Security Deposits

Property managers should always require a refundable security deposit in residential property management properties. This deposit should be kept in a separate account for trust or escrow funds and will be returned to the tenant in part or in full once the tenant has moved out....

Hiring A HOA Property Manager

Hiring a property manager is an easy decision for landlords who don’t want to worry about the day-to-day hassles of running a rental property. When it comes to Homeowners Associations (HOA), however, the decision isn’t so cut and dry. Typically, an HOA exists when a group ...