Many people think property management is easy. Many of those people try to manage their own properties. Unfortunately, there are a lot of rules and laws that could get them into trouble. As a professional management company, we keep on top of these and make sure our clients and tenants are protected.
Why is it one of the first words we learn to say quickly is “no?” Then, why is it so hard for people to accept when someone says “no?” Whether an owner finds it difficult or not, there are times to say “no” to a prospective tenant. Most property owners or managers rent to applicants
This is an age-old saying one can apply to a landlord/tenant relationship. Many property owners do not realize they can alter a contract by their actions. Often property owners are reluctant to issue a Pay or Quit Notice to a tenant, but then when the rent is late, it is important. The following story is
If you have 100 property managers in a meeting, the majority will agree that settling a security deposits dispute is one of the more difficult tasks in property management, particularly when it comes to determining “normal wear and tear,” also referred to by some as “ordinary wear and tear.” Why does this become such a
Family and friends – you can love and/or admire them BUT should they become your tenants? This is a form of “nepotism, the practice of hiring family and/or friends.” It has both pros and cons and it is an area where a very large “proceed with caution” sign should be posted. You may have these
When there is wartime activity, it is important for investors to realize the existence and impact of legislation that affects rental housing and the military, particularly those in National Guard units. The Service member’s Civil Relief Act of 2003, (SCRA), replaced the previous Soldiers and Sailors’ Civil Relief Act of 1940 (SCCRA). This federal law