Are You Managing Your Investment or Simply Collecting Rent? The decision to invest in property management ventures is often seen as a way to build a cushion for the future. Whether you assume a dual-role of owner/manager, or hire a property management company successfully managing your assets ensures the property lives up to your expectations […]
I went flower shopping at Loweâs this weekend â with seemingly hundreds of other would-be weekend lawn warriors who had the exact same thought as me. And while I hated fighting the crowds (it was even hard to snag a cart), I was able to experience two completely different kinds of service in the same […]
If there is one thing that all property managers want, itâs an over abundance of qualified potential residents who need to rent or lease a place to live. The mentality of landlords vs. tenants has changed. Many managers and owners have taken the residents for granted for a long time. In writing via email more […]
You know, not everyone has a gift for writing. Some people donât even have the basics. When I was younger, my mother was a librarian and an English teacher. She and I would sit at the kitchen table in the evenings, me struggling with the complexities of Algebra (many of which I, to this day, […]
I remember when I first started in the apartment industry, someone told me to always ask my residents if there was anything in their apartment that needed fixing. Now, at the time, I thought that was kind of odd. Why would we ask if there was something WRONG with our product? That seemed ⊠I […]
The year 2013 will go down in the record books as a good year for both owners and managers of residential income properties. As I wrote recently in an article titled, Itâs Tough to Afford to be a Renter These Days, âHousing affordability doesnât look too promising as 2014 begins. If you listen to the […]
Letâs look at a tried and true way to measure rental property investment returns and what we as buyers should be looking for in our purchases. Total investment returns in real estate are really comprised of two pieces: operating positive cash flows and long-term appreciation. In todayâs world, even though it probably will come, we […]
All online rental ads are not created equal. In fact, many factors determine whether a rental ad will be successful at attracting renter leads. With so much information and so many choices on the internet, rental marketers need to make sure their ads catch â and hold â the attention of potential renters. Photos â […]
When you own real estate â whether an investment or a personal residence â you should procure the proper type and dollar value of insurance needed for your property. Unfortunately, many people donât understand the basics of how insurance coverage works, and many individuals just want to spend âas little as possibleâ on insurance. The […]
Of all the expenses to consider when preparing to move into a new apartment, is renterâs insurance should be at the top of the list. This necessary, yet inexpensive purchase will protect you and your possessions while youâre living in your new home. Apartment insurance is easy to acquire and will promise you peace and security when […]