property maintenance: Can I Manage a Property for a Friend Without A Real Estate License? - 07/31/08 09:40 PM
There is a big difference between what a licensed and insured property management company provides for an investor and what you can provide. Besides licensing and insurance there is your liability to consider. If you make a mistake and someone gets injured or killed are you protected? How? I ask this (2 comments)
property maintenance: Banks Slow Play REO's - 05/15/08 01:04 AM
When a poker player has good cards, sometimes they slow play the hand by not betting much in the hopes of attracting more players to stay in the game. They hope the other players will put more money in than if they player with the good hand bet big early. (6 comments)
If you are considering getting into or are new to the rental business you need to know what the expected costs of ownership are. Here are some items for you to consider:
Utilities: Find out which ones the tenants pays and which ones the owner pays. It varies (6 comments)
property maintenance: Selecting a Property Manager Part 4 Maintenance Concerns & Property Management and other Fees. - 01/05/08 08:23 PM
The next subject to be concerned with in selecting a property manager for your property is the property managment company's knowledge and ability with regard to property maintenance. How do calls get answered? How are incoming calls from residents tracked by the property manager? How is it determined when the owner will be contacted? (0 comments)