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.
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.
Keeping complete records of your investments, from the beginning to the end of ownership, is simply good business. A major reason for maintaining accurate records is to calculate your gains or losses when you do sell the property. If you do not have all the documentation to back up your claims to the IRS, and