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Property Management Ins and Outs (for Wilkes-Barre market, at least)
I own a property management company in Wilkes-Barre, PA, ADT Property Management Company. That's quite a statement, if you consider that I never wanted to do property management. If I had known what I know now, before I took that first step down the slippery slope that's led me to where I am today, I may never have done it at all. But I did, so here I am.
I started managing properties because I had a client who bought a house and needed to rent it for a year until he moved into the area. That pretty much opened the door and before I knew it I was getting flooded with requests for my services. Of course, it took some time for me to truly understand the whole picture and I guess I'm still learning new things as I encounter situations that I never encountered before. I thought it might be helpful to highlight some of the things I've learned over the last 2 years that might help someone make the right decision before getting into the business of renting their proeprties.
My experiences don't just come from the management of clients' properties either. I have a couple of my own ... more

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