The Future in Investment Property Management

When you hear the word future, you imagine a comfortable and wealthy life. Each of us aims for stability and success. A good businessman or businesswoman thinks of putting his or her money in the best investment and wait for an abundant harvest time. In the field of real estate, investment property management remains one of the safest ways to take care of your property. You rarely notice that to achieve the goal, [...]

How an Investment Property Management Company Helps

It’s quite well-established that investing in properties is one of the best ways to procure a sustained and steady source of passive income. However, if you think you could just buy a piece of investment property and let things sort out by themselves, you’re dead wrong. Investment property management is not a piece of cake, and sometimes, it can take so much time that you will have to consider it as a part-time job [...]

Investment Property Management Companies Ensure Better Cash Flow

Investing in a property is one of the best ways to make a passive income. But don’t be fooled, as it is not as easy as letting the property run for itself. To run an investment property, you will need to micromanage a lot of tasks. If you are a busy person, then it could take a lot of your time. This is why you will need to enlist the help of an [...]

Most Demanded Amenities Today’s Renters Request To Property Management Companies

Landlords and property managers avoid vacancies by knowing what today’s tenants seek in rental housing. Below is a list of the most sought-after features among renters according to survey results from The National Multifamily Housing Council and Kingsley Associates that property management companies must now. The Most in-demand Amenity is High-Speed Internet: Ninety-four percent of renters expect high speed internet to be available, and they’re willing to pay $35 per month for this feature. Parking: Ninety-four [...]

Tips for Property Management Companies (Individuals) to Lower Operating Costs

In a recent survey on challenges property management companies grapple with, 45 percent of respondents said that “lowering operating costs” is “challenging” or "very challenging.” Reducing operating costs is a universal quest among businesses of all types, especially property management cost. Maximizing income is de rigueur among owners and managers alike. That said, finding ways to lower operating costs is usually the dilemma, especially in today’s ever-changing world of property management. According to real estate experts [...]

Property Management Companies Are Using Smart Technology for Attracting New Tenants

Progressive property management companies are continuously looking for opportunities to attract new tenants. In competitive rental markets, knowing what amenities renters want is often the best way to most is one way to accomplish this task and snatch potential leads away from competitors. Recent research finds that technology is an important influencer when it comes to renters’ choices, and in fact, renters expect it. Technology presents property managers with an excellent opportunity to [...]

Renter-friendly, Damage-free Decor and Storage options that Property Managers and Property Management Companies Will Love

When it comes to rental space, tenants usually want to personalize their space and make it more functional for their needs. Property managers want to protect landlords’ investments and discourage DIY customizations that can mar walls and other elements of a property. This is the tricky part for many property management companies, however, it doesn’t always have to be like that. Suggesting renter--friendly options for tenants to make their spaces more personal is [...]

What a Property Management Company Will Do for You

Before you decide to manage your rental property, you have to understand what the job entails. Most people don’t hire a property management company and make the mistake of thinking that it’s just the monthly rent or income less the mortgage and maintenance cost. However, collecting rent and paying for handyman work is just a small part of the whole equation. In reality, the job of a property manager involves landlord duties, paperwork, [...]

The Fees of Property Management Companies

Most people look at the fees when comparing property management companies. However, property management fees vary widely and choosing the company with the lowest fee is not always the best for your assets. A lower rate may mean that the company acknowledges they can provide a premium service or wants to undercut the competition. However, a higher rate does not always equate to top-tier service. Avoid comparing apples and oranges and make sure [...]

One Little Word that Landlords and Property Management Companies Should Bank On

One of the most effective things a landlord, property manager or property management companies can do, in order to keep their business operating profitably, is to learn to say no. Most have stories of tenant shenanigans that taught them some tough (and often expensive) lessons, and they understand that the choices they make when problems with tenants arise can impact their profits and property value. Bottom line, renting apartments and homes to tenants [...]