Property management companies not only benefit the homeowners with their vacation property maintenance services, they benefit the potential vacationers as well. Booking through a property management company adds accountability and a set of standards that are lacking in their to the horror story counterparts of vacation home rentals gone wrong.
Purchasing rental property 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.
Let’s talk about the most irksome problem for property managers and renters to deal with, bedbugs. Bedbugs are most prevalent in apartment and condominium buildings which means that property managers need to familiarize themselves with how to navigate this issue.
What trends does 2017 bring for landlords? Rental rates are rising and vacancy rates are low. This is great news for landlords, higher market rental rates will bring a higher return on investments which can then be used to upgrade properties, or reinvest. Lower vacancy rates will reduce the turnaround time to fill a property between tenants.
Security deposits are often the most hostile subject between property managers and tenants and property managers can take steps to prevent security deposit disputes, educate tenants and ensure that security deposits are used correctly and not abused. Taking these steps will also protect property managers in against potential legal action.
During the cold winter months it is important for property managers to winterize rental properties. Taking these simple steps will help prevent common weather related damages to rental properties. Spending money on preventative measures will always pay off when major costly damages are avoided.
A happy, responsible renter is like gold, and — as with any treasure — you don’t want to lose it. If you want to enjoy long relationships with your tenants, follow these four tips for keeping them happy and ready to renew that lease.
Having tenants in our rental properties in can be great things when we go through the proper suggested tips to find the perfect fit, but just like in anything, there can be ups and downs. Sometimes we find ourselves in situations that are not ideal and we have to start asking bigger questions such as “What do we do from here?” and “What about the security refund deposit?” By following these steps, we can help you make the best decisions when it comes to your struggling tenants and their security deposits.
Meetings are rarely on anyone’s list of favorite things to do – and keeping meeting minutes is even worse. However, timely, accurate minutes are important, especially if decisions are being made about your home and community.
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 a few reasons as to why it is a good idea to conduct regular inspections of your rental properties.
Every year, the demand for certain jobs can and will fluctuate. In 2016, the demand for property managers is at an all time high. With the technology of today combined with the demand, it makes the perfect combination in becoming a 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.
Contact our Property Management Inc. office to find out more about the subject of when is it time to hire a HOA property mananger?
When it comes to keeping your home and family safe, you want to do everything you can to protect them. Along with the rise of the smart home and automated security, keyless home entry systems have become one of the first lines of defense for savvy homeowners. If you’re thinking of adding a keyless lock to your home, here’s a breakdown of the pros and cons to help you make the right choice for your family.
Contact our Property Management Inc. office to find out more about the subject of the pros and cons of the keyless entry system in.
Spring time is here and spring cleaning is in full swing. Not only do the insides of our homes need inspection and cleaning, our yards also need yearly maintenance done.
Contact our Property Management Inc. office to find out more about the subject of spring yard maintenance and cleaning.
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.
Contact our Property Management Inc. office to find out more about the subject of useing a 1031 exchange.
When renting out property, it’s important to make sure that you draw in as many good tenants as possible.
Contact our Property Management Inc. office to find out more about the subject of getting your property ready to rent.
Almost every landlord has had a tenant that owned a pet. From chihuahuas, to kittens, to enormous Great Danes, pets are part of the family to those who raise them.
Contact our Property Management Inc. office, to find out more about the subject of should you allow pets in.
Having the right tenants in your commercial or residential rental property can make all the difference in the world. If you want to have happy, cooperative tenants, you need to screen your applicants to find the most qualified renters available.
Contact our Property Management Inc. office to find out more about the subject of screening applicants to find the right tenants.
A lot of work goes into preparing a property for the dangers presented by even mild winters. The easiest way to make sure that your property is adequately prepared for snow, ice, and cold is to hire, our expert property managers will protect your property all year long.
Contact our Property Management Inc. office to find out more about the subject of being ready for winter.