How A Successful Property Management Company Works It takes a lot to become a successful property management company, and the requirements go far beyond having the capital necessary to set up your company. There is a whole catalog of shareholder expectations which have to be met, including the filling of units, screening tenants, preparing leases, […]
Why Property Inspections are so Important There’s really no way to overstate the importance of property inspections, especially when you consider that it has a direct bearing on tenant retention, and on ensuring the long-term upkeep of your property. A good property inspection will include valuable information on any damages which have occurred, as well […]
Knowing the Difference between Routine and Emergency Maintenance Requests When a tenant calls with a repair issue, it can often feel like an emergency. You don’t want your tenants to be uncomfortable, but not every repair needs immediate attention. As a property manager, you need to be able to prioritize your maintenance and triage problems […]
How to Determine a Rental Price for Your Property As a property manager, you might sometimes have difficulty in fixing a rental price which is appropriate for your property. Of course, it’s easy to say that you can simply check the pricing of comparable units in the area. However, the trick to that is in […]
What is Rent-Ready? The definition of this real estate term may always be the same, but what it means to various individuals can be extremely different. The actual definition of rent-ready means that a specific property is in a state which makes it ready to be occupied by a tenant. But that definition is subject […]
How to be a Good Tenant All tenants like to have a property manager who is attentive and responsive to their needs and requests, whether it be to fix the broken washer-dryer, or to repair the sidewalk out in front of their building. But have you ever thought about it from the perspective of the […]
When Tenants Wants To Break Their Lease: A Guide To Early Termination For Landlords It is essential that you have a firm policy about early lease termination when you’re a property owner or manager. If you allow one tenant to break a lease and not another, you’ll be vulnerable to a charge of discrimination. If […]
The Top Real Estate Investing Terms And Definitions Every Residential Property Investor Just Starting Out Needs To Know The potential for earning a great deal of money through real estate investments is extraordinary. But in order to really understand the industry and how best to invest your resources, you have to be aware of most […]
Four Important Rental Property Inspections It can be a great investment to purchase a rental property, and receive regular income from it. However if you really want to get the most out of it, you should get into the habit right away of carrying out rental property inspections, so you can be sure that your […]
7 Tips for Writing Effective Rental Listings For the past several months unemployment has been rising, and shelter-in-place requirements have dictated that people remain in place, and hold off any thoughts about moving to a later time. However, with many restrictions now being eased up and the economy opening up in various geographic locations, it […]