Whether you have one investment property, or 10, or more, you’re an investor. There is a lot of valuable information for you to know. The more you know, the better decisions you can make.
Many times when an investor is considering the purchase of a rental property, they look to the typical financial metrics such as cap rate, occupancy rate, square footage, occupancy, etc. All of these are great measurement tools in the evaluation of a purchase. But while the property is being evaluated, don’t forget to ask about
At the Pyramis Company, we continually work on educating tenants for any event that could happen during their tenancy. This includes making rental payments, reporting maintenance, handling emergencies, checking smoke alarms, practicing good neighbor policies, buying renter’s insurance, and more. Of course, we hope that they always follow our advice, but we know that it
You have employed the Pyramis Company, a professional Property Management company because you feel our expertise will give you peace of mind regarding your rental property. In particular, this alleviates having to handle difficult tenant situations. Then the phone rings and your tenants are on the line. This can develop from several scenarios:
Many times property owners question property management services because of the fees. Now with a distressed economy, this can become an even bigger question when a difficult market puts investment finances to the test. After quoting our fees to a prospective client, we have heard, “you want that much for just collecting the rent?” Of
It is obvious why an investor would not encourage bad tenants to remain in their property, just as it is understandable why a property owner or manager would want to put effort into retaining good tenants – it is simply a matter of financial common sense.