Did you know that 56% of property managers also own the building they are managing? Being a building owner or property manager is a lot of work, and being both is even more work. By having this role, you may find that you struggle to keep up with everything without the proper team backing you up.… Continue reading 5 Property Management Mistakes to Avoid
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The Ultimate Guide to Property Management
Real estate is a lucrative field where something is always happening. If you have any interest in properties in your area, you might have already considered becoming a property manager. Yet, the field of property management can seem stressful and overwhelming, especially if you haven’t learned everything there is to know about managing properties. That’s where… Continue reading The Ultimate Guide to Property Management
How Much Does Property Management Cost? What You Need to Know
It’s a great time to be a landlord, but the job isn’t without its unique challenges. In recent years, we’ve seen more people renting than at any point since 1965. The rental market has continued to stay strong and isn’t likely to be going south anytime soon. However, renting out property isn’t as simple as… Continue reading How Much Does Property Management Cost? What You Need to Know
This Is What to Do if a Tenant Can’t Pay Rent on Time
Are you a landlord or property manager who’s having trouble with tenants not paying rent on time? Many people are having trouble keeping up with their bills, but that doesn’t mean that you shouldn’t communicate about it. Managing properties is hard enough, and talking about rent is awkward, so we want to help. Keep reading to… Continue reading This Is What to Do if a Tenant Can’t Pay Rent on Time
5 Essential Tips for Screening Tenants
Working with haste to rent your property is never a good idea. While you may desire to start earning income, you are more likely to lose profit at your investment property if you accept anyone. Screening tenants is one process you never want to skip. You are more likely to have to evict a tenant… Continue reading 5 Essential Tips for Screening Tenants
7 Benefits of Using a Property Management Service
From 2010 to 2016, the number of renters in America grew by 976,000 per year. This statistic demonstrates the extremely difficult reality rental property owners face when searching for new tenants. The following guide provides seven benefits of using a property management service when renting your property. 1. Reduced Legal Issues Property management services understand the legal implications… Continue reading 7 Benefits of Using a Property Management Service
These Are the Different Types of Property Managers
Are you looking to hire a property manager, but aren’t sure who to choose? Finding the right property managers can be a daunting task. Before you start the job hiring process, you first need to understand the different types of property managers out there. This way, you’ll have better luck finding the right person for… Continue reading These Are the Different Types of Property Managers
Considering a Career in Property Management? Here’s What You Need
Did you know that property management is 18th among the 20 happiest jobs in the U.S? Beyond job satisfaction, property management is also a growing field with significant earning potential. Considering those facts, pursuing a career in property management is a great decision. As the overseer of real estate big and small, property managers wear a lot of… Continue reading Considering a Career in Property Management? Here’s What You Need
The 7 Most Common Issues That Tenants Complain About (And How to Resolve Them!)
As any experienced landlord will know, the management of their relationship with their tenants is often the hardest part of the job. According to a recent survey of landlords, one of the most common issues they face in the job is dealing with problematic tenants, with a full 37% of landlords describing difficult tenants as… Continue reading The 7 Most Common Issues That Tenants Complain About (And How to Resolve Them!)
The 5 Biggest Property Management Challenges Property Managers Encounter
Franklin D. Roosevelt said that real estate “is about the safest investment in the world” as long as you purchase it with “common sense.” It’s no surprise that a majority of the world’s billionaires make their money this way. While investing in rental properties may seem like an easy, low-risk way of creating residual income, the… Continue reading The 5 Biggest Property Management Challenges Property Managers Encounter