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.
It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think. When this situation occurs, it is better to use a mathematical approach. Write down the expenditures for
There are important steps that investors must take to ensure the success of their rental property; one of the most critical is that of procuring the right property insurance. As your property management company, we cannot advise you specifically on what insurance policy to purchase. The purpose of this article is simply to make you
The Montreal Protocol, adopted by the United States EPA (Environmental Protection Agency), called for the phase-out of substances that deplete the Ozone Layer. Unfortunately, Freon (or R22, an HCFC) is one such substance. In order to meet the EPA’s strict rules for this phase-out, production of Freon has been dramatically cut. Such cuts have caused
One definition of a property manager is “someone who manages real estate for another person for compensation.” There are many duties involved, which include marketing the property, screening tenants, collecting rents, maintaining the property, handling tenant problems, and much more. On certain days, managing property can mimic a juggler keeping five or more balls constantly
Property owners face a tricky situation when they want to sell a property but still maintain rental income. No one likes losing rent, but keeping a tenant in the property while the property is for sale requires careful consideration. Review the Sales Market It is important to evaluate the Real Estate sales market first. Ask