Posts by Derek
Things to Keep in Mind when Hiring a Handyman For Your Rental Property (Property Management Company)
Hiring a handyman to take care of your rental property can be a great idea, especially if you have more than just a couple properties. This can also keep your renters happy as repairs can be made faster and more efficiently than having to hire it out each time. They key is to find the…Read More
5 Questions to Ask Your Rental Applicant
Every landlord wants to avoid bad tenants as these people can cause problems for the landlord and the other tenants as well. One good way to avoid bad tenants is by having a proper screening process before you sign an agreement with the applicant. These are some of the questions you should ask to determine…Read More
Helpful Tips For Finding The Right Property Manager
Whether you’re renting out your home or several properties, getting a reliable property manager on board can save you time, stress, and money in the long run. You’ll trust this person to deal with your tenants, make repairs, and collect rent. However, how do you tell them apart when most of them claim to offer…Read More
How Do You Ensure Tenant Safety On Your Property?
Residential property owners have a crucial responsibility of ensuring that their tenants have a safe home. Apart from ensuring that the property is structurally sound, the landlord must think about the safety of the tenants. While it is not obligatory to use state of the art security features, providing a safe place for the tenants…Read More
Tips For Screening Tenants If You Are A Property Manager
As a property manager, your job is to ensure that the people you bring in are able to meet their obligations and pay rent on a regular and consistent basis. Many property owners lack the skill sets necessary to properly manage their holdings, let alone deal the host of issues that are associated with screening…Read More
Can A Property Manager Take Over Without Tenant Permission?
It’s always a more desirable situation when a tenant and landlord get along professionally by taking care of each others’ interests. The lessee is expected to make payments on time and the lessor provides a safe and private home to the renter. Unfortunately sometimes, as with many business transactions, one side or the other doesn’t…Read More
The Deadly Sins of Property Management
The property management landscape is full of ticking time bombs waiting to explode. From tenants, owners, housing authorities or service people, property managers face an incredibly long list of potential hazards. Here are some of the deadly sins property managers commit that cost them time, money and most importantly, profit. Deadly Sin #1-Renting to the…Read More
Can Having a Property Manager Save You Money At Tax Time?
Owning rental properties is a fantastic way to have a secure and sound income or even second income. There are obvious benefits to a property manager throughout the year but there are also some that are only useful during tax time. One major benefit is that some property management expenses can, in themselves, be written off…Read More
Advantages of Hiring a Property Management Company
While investing in and leasing property has many advantages, being a landlord presents a variety of challenges. If you don’t have the time, know-how or interest in being a ‘hands-on’ landlord, then hiring a property management company is your best option. A property manager not only handles the day-to-day tasks that are required of property…Read More
How to Know When You Should Look for a New Property Management Company
If you are considering firing your current property management company, do not worry. There is a chance they will “fire” you first. Neither side is being properly served when things aren’t working out. Property managers are often as selective about the clients they work with as they are about the tenants they approve. The general…Read More