ARCHIVED BLOG POSTS
2013
With all the media hype about the so-called looming fiscal cliff, it’s a good time of the year to remember how to avoid financial disasters and to do what we can to prevent losses. Property Managers with experience know how costly the process of eviction can be, as well as the expense of repairin...
02/28/2013
One of the biggest challenges of property management is dealing with vacancies. When one or several of your units are vacant, revenue is severely limited. Prevention with long-term tenants is an ideal situation. But no matter how loyal your tenants are, vacancies will happen. So the question beco...
02/27/2013
The most successful property management professionals are effectively using investment cash flow analysis to better manage the growth of their business. Leonard Baron, real estate professor and writer for Zillow, will break it down and share his straightforward rental property cash flow metrics s...
02/26/2013
Marketing is the engine that fuels the growth of your property management business. To that end, it’s critical that you take the time to define your marketing plan and to ensure you are allocating your marketing dollars efficiently and effectively in order to secure new properties for your servic...
02/25/2013
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Security Deposit processing continually challenges property managers across the country. In theory, this should be one of the easier things that property managers are required to do. The tenant provides management with a security deposit that will be held during the life of the tenancy. When the...
02/25/2013
While going about the business of managing properties, it’s easy to forget about the impact our typical business day can have on the environment. While there are several long term investments you can make to reduce your carbon footprint such as installing low flow toilets in each apartment, or xe...
02/19/2013
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Every landlord or property manager has probably dealt with a tenant not paying their rent on time or missing payments altogether. Dealing with missed rent payments can warrant different actions depending on the terms of the lease. As a landlord, it is important to keep in mind that this is a busi...
02/18/2013
Property management can get a bit stressful in wintertime, especially in colder climates. Broken boilers, snow removal, frozen pipes…the list goes on and on. So during this stressful time of year, you deserve a break. But you’re probably asking yourself: if this the busiest time of the year, how ...
02/13/2013
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If you’re a landlord, you’re already well aware that you have a pretty long list of legal responsibilities to attend to when it comes to maintaining your property and dealing with your tenant. However, by law, there are some things that a tenant has to do as well, over and above any specific task...
02/12/2013
The real estate website Trulia recently compiled a list of the most expensive rental properties currently available on themarket. Surprisingly, only one property has enough square footage to qualify as a mansion. One of the biggest factors determining a few of the astronomical rents was simply lo...
02/11/2013