02 Jan 09, 07:01:49
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| How Property Managers Can Prevent Tenants' Running Or Leaking Toilet Conditions From Happening |
Tenants who fail to report leaking or running toilets to Landlords or property managers cause water billing nightmares. Usually, the best a Landlord can do is figure out in which unit the leaking toilet condition occurred, schedule a plumber to fix the problem, foot the exorbitant water bill, then if he's lucky have one of his minions file the paperwork (bill showing increase in usage, receipt for plumbing work, goods, etc.) for a possible 50% refund in two or three months from his local water utility, as is the case in San Francisco.
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31 Dec 08, 11:12:25
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| An Uncaring Tenancy - Is There Any Hope For Water Conservation-Leak Detection in Rental Properties? |
I'm a property manager for a mom-and-pop company that owns several residential buildings in San Francisco. In April of 2007 one of our buildings, a twenty-one unit, early 20th century Victorian in the Lower Haight, saw its water usage more than double over a two-month span, going from approximately 70,000 gallons to 168,000 gallons of water consumption.
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31 Dec 08, 08:12:12
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| Realty Bytes, Episode 2 - May the 'Force' Surround You! |
When a lessee can't wait any longer for the lessor to make tenant (build to suit) improvements, what happens? One possibility is that the landlord (lessor) will attempt a Force Majeure argument.
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31 Dec 08, 08:12:22
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| Realty Bytes - Episode 1 - Non-Performance of Landlord Tenant Obligations |
Two "approaches" to justifying non-performance of landlord-tenant obligations. This first one feels like a recycled theory of justification for tenant to suspend performance or obtain a refund of asserted lease overpayments.
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31 Dec 08, 08:12:05
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| Commercial Tenant Bankruptcy? What Now? |
Tenant inability to perform commercial lease obligations? Landlord options? Tenant personal property? What to do?
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30 Dec 08, 12:12:28
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| 3 Advantages of Using Property Management Services |
Purchasing real estate can be a multi-million dollar investment. But chances are, time is scarce when it comes to realizing this investment's full potential. Using a property management service provides the experience and expertise to ensure the largest return on your property purchase.
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23 Dec 08, 11:12:47
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| Effective Landlord Background Check Methods That You Must Know |
A landlord background check is crucial when it comes to finding reliable and cooperative tenants for your rental property. Find out how to run an effective background check on your new tenants today.
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23 Dec 08, 11:12:36
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| 5 Ways Landlords Can Curb Maintenance and Repair Costs |
Real estate investing involves acquisition, holding, and sale of rights in real property with the expectation of using cash inflows for potential future cash outflows, and hence, generating a favorable rate of return on that investment. In other words, real estate investing is the act of purchasing real estate with the goal of making a profit and acquiring wealth. Real estate investors invest in real estate to make money, bottom-line.
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23 Dec 08, 07:12:07
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| Top 10 Tips on Buying Property to Rent |
With the market being the way it is and more and more people turning to renting to weather the current economic crisis, it's never been a better time to buy property to rent. Now with property management firms showing record occupancy levels for their rental properties there is a larger market available out there for you to rent your investment out. Here are top 10 tips to buying property to rent.
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23 Dec 08, 05:12:16
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| How to Handle a Tenant Eviction |
If you own property, you will eventually face having to evict a tenant. What's important is that you know the laws in your area. Find out what you can and cannot do and where to look for your legal rights.
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22 Dec 08, 02:12:01
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| Second Homes - The Trend to Added Value |
The demand for professional holiday home services companies has grown in recent years. This reflects a trend towards providing added value in an increasingly sophisticated market.
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22 Dec 08, 11:12:22
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| The Process to Handle Legal Tenant Evictions |
Handling tenant eviction is never a landlord's favorite duty, but you can make it easier on yourself by knowing the process and the laws. Tenant eviction can happen for several reasons, for example, you sell your property and the new landlord wants to rent or lease to different people. Other times evicting a tenant can become a long, drawn-out process especially if the tenant is angry about having to move or is doing something illegal like selling drugs out of your property.
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22 Dec 08, 11:12:20
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| Buying to Rent - When You Become the Landlord |
If you are looking for a place to invest your money, you won't find better deals than real estate. It is a buyer's market so now is the time to get your feet wet.
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19 Dec 08, 12:12:22
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| 10 Top Reasons to Hire a Residential Property Management Company |
Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming. For many Owners, the logical solution is to hire a Residential Property Management company to oversee their rental property. But is this the right decision for you?
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19 Dec 08, 12:12:33
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| 5 Top Reasons to Hire a Residential Property Management Company in the Post-Credit Bubble Market |
Residential Property Management firms are increasingly being hired today by the owners of rental real estate as a result of the inability to sell their house or property in today post-credit bubble market. There are a number of reasons for hiring a residential property management firms.
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17 Dec 08, 07:12:17
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| Tenant Referencing and Tenant Checks - Offer Pre-Rental Screening of a Prospective Tenant |
Did you know to being a landlord by itself brings so much of risk? Why not especially when justice seems to be in favor of the high-risk tenants or delinquent otherwise. The reason for such an amount of risk is the tenant applicants typically do not provide detailed information about them to the landlords and to take a learned decision with only so much information is by far risky business.
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16 Dec 08, 01:12:56
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| Why Use a Letting Agency? |
Why use a lettings agency when you could do it privately? Well there are many advantages to using a good lettings agency especially if you want peace of mind. This article explores the advantages.
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16 Dec 08, 01:12:29
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| 3 Advantages of Using Property Management Services |
Purchasing real estate can be a multi-million dollar investment. But chances are, time is scarce when it comes to realizing this investment's full potential. Using a property management service provides the experience and expertise to ensure the largest return on your property purchase.
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16 Dec 08, 12:12:51
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| Crucial Property Guys You Will Need For Rental Property Repairs |
Are you looking for reliable property guys who can help you repair and maintain your rental property? Then learn all about the different types of repairmen and find out which one is right for you.
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15 Dec 08, 08:12:18
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| Raising Rent Without Losing Tenants |
Your vacancy rate is low and you have great tenants who have rented from you for a long time. Comparable units are renting for more, but why think about raising rents when things are going so well?
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12 Dec 08, 08:12:02
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| Gas Safety Regulations - Advice For Letting Agents |
Gas Safety regulations for property to let in the UK. Advice for landlords and letting agents.
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12 Dec 08, 07:12:22
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| The Top 5 Reasons to Hire a Residential Property Management Company in the Post-Credit Bubble Market |
Residential Property Management firms are increasingly being hired today by the owners of rental real estate as a result of the inability to sell their house or property in today post-credit bubble market. There are a number of reasons for hiring a residential property management firms.
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12 Dec 08, 06:12:58
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| Benefit From Tenant Referencing! |
Before letting your property on rent, it is quite essential, to take tenant reference, assess them rightly and then take them on rent. Don't put a wrong tenant and face difficulty later, If you rent a property through a letting agent they will take up references on behalf of the you, who is a Landlord.
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11 Dec 08, 02:12:43
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| Low Letting Fees - Too Good to Be True |
With the huge slow down in house sales the property market is seeing an increase in demand for rental property. What will happen to agents charges?
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11 Dec 08, 01:12:14
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| Crucial Property Guys You Will Need For Rental Property Repairs |
Are you looking for reliable property guys who can help you repair and maintain your rental property? Then learn all about the different types of repairmen and find out which one is right for you.
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11 Dec 08, 11:12:23
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| Tenant Screening - The First Line of Defense |
Getting a tenant for an unoccupied apartment is definitely a good idea. Besides getting enough cash to cover maintenance expenses for the place, the rent can also add to the family's income.
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10 Dec 08, 02:12:32
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| Tips to Buying Online Tenancy Agreements |
A brief guide to purchasing an online tenancy agreement and avoiding worthless forms. Find out the difference between high street shop agreements and downloadable versions.
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10 Dec 08, 01:12:00
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| Three Things to Know When a Tenant Breaks a Lease |
When a tenant breaks a lease months before it expires, it usually means more headaches for the landlord. But there are some things you can do to limit your losses and make the best of this situation. In fact, depending on your individual circumstances, it may even be a good thing. Here are three things that you should consider.
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10 Dec 08, 08:12:45
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| Property Management Company Review |
He is a top internet marketer. He has a passion for helping others achieve their goals, dreams and aspirations. He believes that the most successful people are the ones willing to invest their time in learning to be successful.
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09 Dec 08, 08:12:53
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| 10 Mistakes Landlords Make |
Renting a property in the Miami real estate rental market is more difficult than ever before. The number of potential problem tenants is overwhelming. The landlord must be able to set the correct rental price, advertise and market the property aggressively, collect all deposits, conduct a thorough tenant screening, collect the rent, do evictions, fill out the residential lease and all other pertinent documentation and disclosures, avoid emergency tenants and don't try to do it yourself.
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09 Dec 08, 06:12:27
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| Commercial Property Management and Services |
Commercial property services, that also include management, deal with residential rentals and sales, commercial leasing and sales, manufactured home and mini-storage management, and property maintenance. In most cases, extensive property assessment, screening of tenants, record keeping, documentation of legal protection, rental collection and dispersal and more are all parts of managing a property that offers various services solutions. Service providers in this industry should be legitimate and should be accredited by organizations like the Institute of Real Management.
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08 Dec 08, 07:12:51
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| Should Landlords Accept Tenants Who Are Claiming Benefits? |
Most new landlords tell me they would refuse an application for a tenancy from a benefit claimer. What's the reason behind this? When I ask them why they are unable to give any detail; the decision in my opinion is an emotional one based on perception not facts.
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05 Dec 08, 08:12:38
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| How to Evict a Tenant Swiftly and Easily Right Now |
Are you having massive headaches with nightmare tenants? Then find out how to evict a tenant effectively with this step by step guide for landlords and property managers.
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05 Dec 08, 08:12:18
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| How Tenant Credit Checks Can Help You Find Reliable Tenants |
If you own rental properties, finding reliable tenants who pay their rents on time will be one of your most crucial jobs. Learn how to make of tenant credit checks to pick your perfect renters today.
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05 Dec 08, 08:12:59
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| How Landlord Screening Can Help You Pick Your Perfect Tenants |
If you are looking for new tenants, it's crucial that you know how to choose the perfect tenants easily and quickly. Learn about effective landlord screening methods from this step by step guide.
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05 Dec 08, 08:12:37
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| Got a House For Lease? Learn to Collect Your Rent Quick and Easy |
If you have a house for lease, it's vital that you learn the quickest and most effective way of collecting rent payments from your tenants. Learn how to ensure steady income from your rental property.
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04 Dec 08, 02:12:15
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| Why Property Inspections Are Important |
Purchasing a home is quite possibly the biggest physical investment the average person will make in their lifetime. We pay mechanics to examine the insides of our cars, so why not pay an expert to examine the insides of our properties (certainly a far more valuable asset)? The cost is generally in the low hundreds, but could end up saving you thousands. A pre-purchase building inspection could also see the price tag lowered on your dream home.
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04 Dec 08, 11:12:55
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| For Property Management Jobs How Do You Pick the Best Manager? |
Are you are worn down by the property management jobs that come with your rental property? Find out what a property manager can do for you and learn how to pick the perfect one.
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03 Dec 08, 12:12:17
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| Landlords Altering a Tenancy Agreement |
The tenancy agreement is probably the most important document that a landlord can own. It sets out the landlord's and the tenant's rights and responsibilities with respect to the tenancy. The most common alterations to the tenancy revolve around changes in rent and occupation of the investment property resulting frequently from changes in domestic circumstances.
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03 Dec 08, 11:12:49
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| Gas Safety - Advice For Landlords |
The Gas Safety (Installation and Use) Regulations 1998 set out the duties of landlords in order to make sure that gas appliances, fittings and flues provided for tenants' use are safe. As a landlord you are responsible for the safety of your tenants not only because of your legal duty, but also because of the dangerous risks associated with carbon monoxide. This guide sets down those legal duties and how to prevent dangerous gas related occurrences at your property.
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03 Dec 08, 08:12:51
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| Three Tips to Get Your Properties Into Top Rental Condition |
Vacancies are costly. Likely you are paying a mortgage on your property and certainly you're paying taxes and insurance while your property is unoccupied and not producing income. Additionally, you have marketing costs to get your unit rented, or you are anticipating paying a portion of the first month's rent to your property manager or a tenant placement service. Bottom-line: money is tight when you have a vacant unit and you may be tempted to cut corners on the fix-up work to get your place rented.
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03 Dec 08, 08:12:47
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| Maintaining Apartments and Other Rental Units |
There are a myriad of maintenance issues when an apartment is used as rental property. The owner must follow a strict set of guidelines and regulations to ensure that the apartment is kept to minimum health and safety standards.
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01 Dec 08, 06:12:09
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| Got a House For Lease? Learn to Collect Your Rent Quick and Easy |
If you have a house for lease, it's vital that you learn the quickest and most effective way of collecting rent payments from your tenants. Learn how to ensure steady income from your rental property.
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26 Nov 08, 08:11:54
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| When It's Time to Fire Your Property Management Company |
The process for selecting the property management company you'll hire can be daunting. You've researched all the candidates and made your decision. Finally, the contract is signed and you can relax. The new property manager will go to work for you...you think. Unfortunately, things don't proceed very well and you fear that it may be time for a change.
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26 Nov 08, 07:11:47
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| Fast and Easy Ways to Make Money - Be a Landlord |
You're probably wondering how being a landlord is amongst the fast and easy ways to make money. Well, it is because it isn't exactly what you think.
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25 Nov 08, 01:11:38
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| Properties in Mexico |
Owning property in Mexico is easier and safer than ever, because now there are established and well defined rules regarding non-Mexicans owning land in Mexico. These rules are in place to protect your ownership rights and to promote the sale of real estate to foreign investors. The key is a safe, established and perpetually renewable Mexican Property Trust called a "Fideicomiso".
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25 Nov 08, 08:11:26
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| When Property Management Should Allow a Home Business in a Real Estate Rental |
Most common real estate rental contracts prohibit the use of the unit for business purposes. While this limitation is set in place for a good reason, it might be in the best interest of property management to allow a home business in some instances. This article looks at some of the factors that enter into this decision.
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25 Nov 08, 07:11:29
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| 5 Steps to Failure - Don't Make Your Student the Landlord! |
The College rental market is an untapped source of income and big savings for college parents and investors. Watch out there are major pitfalls to having your student be the landlord it could cost you thousands of dollars. The legal issues are another matter, here are some plain facts.
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25 Nov 08, 06:11:28
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| 5 Steps on When to Evict |
All landlords in the Miami real estate market must be able to know when and how to do an eviction. Being a landlord is today's market is a full time job. The landlord must follow all the rules and must act quickly for time is of the essence. A landlord must know when to evict.
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24 Nov 08, 11:11:14
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| Equipping a Self Catering Property (Furnished Holiday Letting) |
This article provides details of the furnishing and equipment for a furnished holiday let apartment or self catering property. As well as describing what to provide in the property, there are tips as to how make life easier for whoever is looking after the property.
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21 Nov 08, 02:11:33
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| How to Find the Best Gainesville Apartments For UF Students |
Looking for a Gainesville apartment near UF? This article gives tips on how to find the best deal by using Google and other search engines. Save time and money by using the web to narrow down your search list. Also explains what questions to ask during your tour!
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21 Nov 08, 08:11:41
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| Advice For UK Landlords - Inventory and Schedule of Condition |
At the end of a tenancy the two parties must agree on the whether the deposit should be returned in full or if some or all of it will be passed to the landlord to cover dilapidations etc. If there is any dispute over this, then firm evidence of the condition of the property and its fixtures and fittings will be required from the landlord. The best way to provide this evidence is via a thorough inventory and schedule of condition with accompanying photographs.
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21 Nov 08, 07:11:13
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| Financial Assistance Programs For Canadian Homeowners |
If you're struggling to save up to buy your first home or if you already own property but don't have the financial resources to keep it in a state of good repair, you may not be aware of the many financial aid programs that are designed to assist Canadian homeowners. Below are just a few of the programs available today for homeowners all across the nation.
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20 Nov 08, 02:11:55
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| Good News For Landlords |
Although it may seem difficult to believe, recent increases in interest rates and the resulting black clouds over would-be home buyers may show a silver lining for buy to let investors. Results of research carried out by a leading specialist in buy-to-let mortgages indicate income from letting is firm and demand for rented property is very strong.
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19 Nov 08, 02:11:46
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| Is House Sitting Right For You? |
Do you need someone to provide house sitting services for your residence? Are you willing to look after someone's home while they are on vacation or even for an extended period of time while living rent or mortgage free? This article will hopefully help you determine if this is a service you would be willing to provide or offer as either a homeowner or someone looking to provide house sitting duties.
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19 Nov 08, 08:11:56
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| Keeping a Paint Job in Its Place |
What causes a paint application to fail? How to protect your building against premature paint film failure.
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19 Nov 08, 08:11:08
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| How to Get the Most For Your Dollar of Condominium Pavement |
Pavement maintenance is a significant item in the operating budget of any condominium association. Find out what to do and not to do to maximize the performance and longevity of your association's pavements.
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19 Nov 08, 08:11:11
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| Condominium Pavements - Management Help Wanted |
In capital reserve fund studies we usually assign a useful life of twenty years to a properly maintained pavement. With prudent management, that life can be extended. The sealing of pavement cracks and seal coating on a three to four year cycle is, in our opinion, an absolutely essential part of pavement management.
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19 Nov 08, 08:11:00
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| How to Rate Your Buildings For Fire Protection |
Some ways to think about whether the occupants of your buildings are safe from fire risks. What level of risk are you accepting for fire protection for your buildings? Risk perception is a subject to which we probably don't give a lot of thought.
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19 Nov 08, 07:11:45
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| Property Management Secrets For Reducing Your Costs During the Current Economic Hard Times |
Let's face it. Times are getting tough, and we all need to consider where we are spending money. I found quick and simple ways to reduce my expenses across all my investment properties was to take on the management myself.
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18 Nov 08, 11:11:29
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| Volunteer Managed Homeowners Associations - Why? |
Volunteer Managed vs. Professionally Managed has long been debated in the association industry. Working with a professional manager takes your community and its volunteers to a higher quality of life.
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18 Nov 08, 11:11:07
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| What is a Community Association? |
Community associations are mini-governments. The primary responsibility of the Association is to protect and enhance the health, safety and welfare of its members, including the homeowners property.
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18 Nov 08, 06:11:42
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| Keep Your Properties Safe by Doing Background Checks |
Having an apartment means that it would require you to be very cautious when it comes to accepting people who would want to be your tenants. As owners, one of your concerns should be to make sure that your potential tenant will really pay their commitments to you on time. But aside from that, you should also ensure that the person is really someone who is trustworthy.
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17 Nov 08, 02:11:45
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| Renting to Tenants With Dogs - What You Should Know About Your Liability |
Did you know that dog bites make up one-third of all homeowner insurance liability claims? I just read this alarming tidbit in the November issue of the AAA newsletter. If you are a landlord who rents to tenants with dogs, then this statistic should give you pause.
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17 Nov 08, 01:11:08
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| Positive News For Landlords Burdened With Economic Gloom |
Landlords are due a positive outlook in the midst of this economic melt down, so here it is. Let's try looking at the situation from a different perspective and see if these dark clouds might have a silver lining for landlords. Landlords can and will survive the negative economic gloom peddled by the media.
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14 Nov 08, 11:11:01
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| Algarve Villa Rental |
The Algarve has become a popular destination and is widely known Europe's most well kept secret. As the Tourism Board continues to brand the Algarve as an upmarket destination, the demand for villa rentals has increased dramatically. The Algarve is one of the most affordable destinations for villa holiday rentals and this is partly due to the high level of investment in the property market which has led to a number of second homes being left empty for most of the year.
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14 Nov 08, 05:11:21
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| Property Management on the Rise |
Whether we embrace it with open arms or resist it every step of the way, we live in an era of rapid technological advancement and lifestyle transformation. Whereas previous generations could rely on similar patterns of work and personal life for decades at a time, we are faced with the need to adapt to significant changes occurring every few years.
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13 Nov 08, 02:11:17
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| When Good Tenants Go Bad - Things You Can't Do to Force Your Tenants to Vacate |
If you are in the rental business, sooner or later, you are going to have a tenant who inexplicably stops paying rent. They may give you the run around with stories about why they can't pay and promises of a full payment plus late fees just around the corner. Or, they may simply ignore your phone calls and refuse to answer the door if you show up in person to try to collect rent. Bottom line is, when it comes to this point, these tenants will need to be served with a three day notice to vacate to initiate the eviction process.
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13 Nov 08, 01:11:35
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| Renting to College Students - Pros and Cons |
One line from John Belushi's character in the 1978 movie Animal House sums up the concerns many landlords have when it comes to renting to college students: Food Fight! While it's true students can be hard on rental properties, many of the fears that people have are overstated.
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13 Nov 08, 12:11:29
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| Should I Let My Property Furnished Or Unfurnished? |
As a Letting and Managing agent, this is one of the most frequent questions we are asked by potential Landlords looking to invest in property to rent in the area. We are specifically asked for the difference in the market value between the two and which is more popular.
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12 Nov 08, 11:11:35
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| Managing Your Rental Properties - Charging Prorated Rent |
In the course of occupying your rental properties, you will undoubtedly have many tenants that will move in sometime during the month and not on the 1st of the month. This, of course is a good thing because you want to get your units occupied as soon as possible. Much better to have a qualified tenant move in on the 20th of the month than have them wait until the 1st of the next month. But how do you deal with the prorated rent for this initial, partial month?
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11 Nov 08, 06:11:13
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| 3 Tips To Manage Water Front Property |
Whether you fall in a market for a current homeowner or a market intended for water front, you would definitely want to know more about maintaining your home. Beauty and peace of the water front is what draws you closer to such properties.
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10 Nov 08, 09:11:40
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| The Apartment Manager (Working at Home) |
The benefits of working at home as an apartment manager are extraordinary. First, if you're a single parent, like I am, then you are always there for your children when and if they need you. Second, you don't commute.
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10 Nov 08, 05:11:17
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| Property Management on the Rise |
Whether we embrace it with open arms or resist it every step of the way, we live in an era of rapid technological advancement and lifestyle transformation. Whereas previous generations could rely on similar patterns of work and personal life for decades at a time, we are faced with the need to adapt to significant changes occurring every few years.
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06 Nov 08, 01:11:53
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| Landlords Should Look Out For the Potential of Tenant Redundancy |
One thing that I can do to reduce the financial risks as a landlord is reference my tenants properly to ensure that I get the right tenant in the first place. From now on in particular landlords need to be paying more attention to a prospective tenants job. A couple of years ago a bank employee, mortgage broker or estate agent all might have seemed to a landlord as a pretty good catch. A reasonable income, a fairly secure job in turn allowing the tenant to pay a reasonable rent. Not anymore!
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06 Nov 08, 06:11:26
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| Renting to Pet Owners Without Ruining Your Investment |
Renting to pet owners can be risky, but it can also bring great rewards for the landlord who carefully chooses a responsible pet owner. Pet owners who care for their animals are more likely to care for their living space and stay in a place that will accept their pet. With careful consideration and interviewing, landlords can find responsible people who take their responsibilities to their home as seriously as their responsibilities to their pet.
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06 Nov 08, 06:11:38
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| Project and Development Services - Keys to Look in Before Hiring One |
Project and development services deliver the business objectives on behalf of their clients who are corporate clients, investors, builders and any other category of business houses. When you are planning on hiring one of these companies to assist you in delivering your objectives to others you should first ensure that they have the necessary infrastructure and can deliver the goods in a profitable manner and make your own investment in them worthwhile.
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05 Nov 08, 02:11:34
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| Tips For Pricing Your Vacation Rental Home |
After deciding to rent your vacation home, you must set your rental rates. There is no set formula or tried-and-true method to determine your rates when you rent by owner.
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05 Nov 08, 01:11:20
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| Facility Operations and Management |
With the many new shopping complexes, office complexes, super specialty hospitals, airports, hotels, IT parks and corporate houses and malls coming up, there is a new kind of job which is required to keep them working smoothly and these are the facility operations and management jobs. The entire running of these multiplexes depends on how effectively the facility management can handle all the different operations.
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04 Nov 08, 08:11:18
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| The Apartment Manager (Working at Home) |
The benefits of working at home as an apartment manager are extraordinary. First, if you're a single parent, like I am, then you are always there for your children when and if they need you. Second, you don't commute.
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04 Nov 08, 05:11:17
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| Are You a Landlord by Default? An Accidental Landlord |
What do people do that can't sell their existing property without taking a huge loss? Often, they will become an accidental landlord. If you find yourself facing this reality, you're not alone. People can become a landlord for a number of reasons, which we explore. There are risks to default landlording such as inadequate rents, converting free equity to a taxable gain, and potential for excessive wear and tear on a property by a tenant.
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31 Oct 08, 01:10:24
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| Selecting a Property Management Company That Will Work For You |
When employing a property management company, it's important to remember that they are to work for you and not the tenants. For a property owner becoming a landlord, there are many things to consider. Whether the property is commercial or residential, the same questions and concerns apply. Obviously, the selection process should not be taken lightly or randomly.
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30 Oct 08, 07:10:58
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| HOAs Can Reserve Today Or Pay Tomorrow - Fundamentals of Reserve Studies |
By now nearly everyone is aware that the downturn in current economic conditions has affected community associations nationwide. The increase in delinquencies and foreclosures have put the squeeze on operating budgets, and this has had an impact on some associations' ability to fund their reserves.
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29 Oct 08, 01:10:42
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| Residential Property Management - The Value of Time |
When an investor begins the process of residential property management, they often under estimate the amount of time involved with managing the property. Between finding tenants, completing timely and necessary property maintenance and keeping appropriate financial records, there is a great deal of time an investor unexpectedly spends managing the property. With a professional Residential Property Management company, investors can enjoy extra free time by spending surprisingly very little on the added assistance of an experienced professional.
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29 Oct 08, 12:10:30
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| Main Differences Between Specialist Lettings Agencies and Estate Agents |
If you are looking to let out your home then you have three main options available to you. The first is that you can let your home privately, you could also use an estate agent or you could use a specialist lettings agency. Typically it can be too much hassle letting your home out privately.
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29 Oct 08, 12:10:52
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| Why You Should Refinance Your Apartment Commercial Property and Not Sell It |
Do you wonder if now is the right time to refinance your apartment building or to sell it? Well learn several reasons why now is the best time to refinance and not sell.
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28 Oct 08, 02:10:22
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| Using a Tenant's Move-In Walk-Through As a Preventative Maintenance Opportunity |
If you take the time to do an in person walk through with your new tenants when they move into one of your houses, you can get some additional mileage out of this time by giving your tenants some basic instructions on taking care of the property. Included in your lease should be a list of tenant responsibilities. In our leases, this always includes the task of changing the furnace/air filter monthly. However, many tenants have a hard time doing this which ends up costing us in service, cleaning and repairs.
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28 Oct 08, 12:10:22
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| Residential Property Management - Why Local and Remotely Managed Properties Benefit |
A residential property management company can be one of the most valuable assets to an investor. Whether the property investor resides locally to their investment or decides to manage the property remotely, a professional residential property management company has the ability to provide added value to the investor. Simply because a residential investor lives in the area does not mean all the rental laws and regulations are understood. Conversely, an investor attempting to manage remotely needs more than just the monthly rent check.
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28 Oct 08, 12:10:39
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| Residential Property Management - Money Management |
Many investors are surprised to find out how much money management is actually involved with residential property management. Once the right property in the perfect location is selected, many investors believe all they have left to do is collect the monthly rent check from their tenants and then wait for their investment to mature. What the true reality is, there are deposits, bookkeeping, income and expense reports and complete financial records necessary for year-end tax purposes. These overly time consuming but necessary functions can all be efficiently handled by a professional property manager.
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28 Oct 08, 12:10:29
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| Residential Property Management - The Cost Savings |
One of the greatest values of a residential property management company is its ability to save money for the investor. Managing the day to day activities of residential real estate can be far more time consuming for investors than they would have initially imagined. Between collecting rent, providing maintenance for the property and handling incidentals such as landscape maintenance, rental agreements and locating qualified tenants, the costs add up and consequently affect the overall savings achieved. By working with a professional residential property management firm, an investor can reap even more profitability with this low cost investment.
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28 Oct 08, 11:10:20
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| Residential Property Management - Finding the Right Tenants |
Residential property management companies have the experience, tools and resources to select some of the most qualified tenants. An investor that is focused on receiving their monthly rent check may miss a number of important qualities in tenants that will ultimately improve the value of their property investment. By choosing to implement the services of a residential property management company, an investor can optimize the value of their property investment by utilizing the expertise of professionals. Marketing for the Right Tenants
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28 Oct 08, 06:10:43
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| Understanding the New EPC Law and How it Affects You |
Energy Performance Certificate or commonly known as EPC, is a must for every rental property from 1st October 2008. Read this article to gain knowledge about the facts and requirements.
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28 Oct 08, 06:10:21
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| Letting Privately Versus Using a Lettings Specialist Agency |
Read this before ever deciding to rent/Let your property Privately. Always use Specilist lettings Agents, never risk renting your nest egg investment worth thousands of Pounds to unknown and unwanted strangers who could put your entire investment on very high risk.
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28 Oct 08, 06:10:21
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| Using a Lettings Specialist Agency to Help Beat the Credit Crunch! |
The credit crunch is affecting practically everybody these days - especially homeowners! If you are finding your monthly mortgage repayments to be a struggle then there are a number of options open to you to help make things a little easier. One of those options is using a lettings specialist agency to help you to let out your home and make some additional money.
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27 Oct 08, 08:10:30
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| Landlord Basics - Pooch Or No Pooch? |
If you are just getting into the long-term real estate investing business, you will need to decide if you want to allow your tenants to keep pets. You may decide on a blanket policy - like no pets, no exceptions - or you may opt to allow only certain types of pets.
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27 Oct 08, 06:10:45
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| Property Management Can Improve Profits by Landscaping Real Estate Rental Properties |
If you have a real estate rental that should be making more profit, but you are having difficulty keeping it rented, a small investment in landscaping around the building might fix the problem. Simply by cleaning and improving the exterior appearance of the building can significantly improve the tenancy of a house or apartment complex.
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23 Oct 08, 12:10:18
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| HOA Property Managers Take Advantage of Outsourcing |
If you're successful in HOA management but haven't started analyzing what really makes you great, I suggest you start doing so now (tip: ask your clients why the do business with you to get the answer!). Then, start outsourcing the rest.
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23 Oct 08, 09:10:14
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| How to Pay HOA Property Managers For Maximum Company Profits |
The community manager can make more money by encouraging his clients to buy additional services from the HOA management company. I've seen community managers make a lot more money per year on this model and the company loved them for it!
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23 Oct 08, 09:10:50
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| HOA Property Managers Need Call Centers to Service Clients |
I'm surprised that HOA management companies have a cold voicemail answering the phones at their offices and then forward all messages to the Community Manager! Consider another option: Home owners call a toll free number and speak with a live client services representatve who's trained to handle basic inquiries such as accounting questions, web site log in problems, and sending out forms. . .
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23 Oct 08, 07:10:50
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| How to Find Tenants and How to Keep Your Rental Property Occupied |
The most frequent question that I am asked is "How do you keep your properties rented". Since I am an active landlord with many rental properties I decided to put my "system" down on paper so that other potential landlords might benefit.
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