Property Management Blog

Saturday, December 31, 2016

Property Management Blog

What Does the Tenant Want Now?

Mold has been around a long time - literally, as long as there have been living organisms. Therefore, it may seem strange that it has become such an important and potentially dangerous issue. However, mention the possibility of the existence of mold to any reputable Property Manager, it gains immediate and urgent attention. The damages aw...

Wednesday, November 30, 2016

Property Management Blog

What IS Normal Wear and Tear?

If you enter the words normal wear and tear in rental housing, into a search function in the computer, you will be amazed to find hundreds of articles or references on this subject. Many of them are tenants who dispute that the property owner charged them with damage when it was ordinary use of the property.What makes this issue so diffic...

Monday, October 31, 2016

Property Management Blog

What Makes a Good Tenancy

Many people feel that once a tenant is residing in the property all that is required is to collect the check. As property managers, we often hear this comment, but know this statement is far from reality. Tenancy starts before the tenant moves in, progresses while the tenant resides in the property, and continues after the tenant moves ou...

Friday, September 30, 2016

Property Management Blog

The Untimely Notice

Why is the tenant giving notice now! This may be your first reaction if you receive a notice to vacate from a tenant with a holiday season approaching. The first thought is that no one will rent a property in November, much less December - the holiday month. There is the prevailing belief that the property cannot possibly rent until the f...

Wednesday, August 31, 2016

Property Management Blog

What if Your Tenant Calls?

You have employed professional Property Managers because you feel their expertise will give you peace of mind regarding your investment. In particular, this alleviates having to handle difficult tenant situations. Then the phone rings and your tenant on the line. This can develop from several scenarios:You and your tenant know each other ...

Sunday, July 31, 2016

Property Management Blog

Education Makes a Difference

Property Management is an ever-changing business and to make it a successful venture, ongoing education is a requirement. Knowledge is the key to creative marketing, working with tenants, providing the right documentation, understanding landlord/tenant law, and more.Who Needs Education?The answer is everyone. Applicants for vacancies need...

Thursday, June 30, 2016

Property Management Blog

Handling Tenant Issues

In a perfect world of landlord/tenant relations, the rent is never late; there are never maintenance problems, emergencies, or any other difficulties; tenants are never angry. However, this delightful scenario is generally not the case and difficult situations take serious consideration and action. However, as your Property Management Com...

Tuesday, May 31, 2016

Property Management Blog

Keeping a Cash Reserve

You never know when something can happen that will require a large amount of cash, such as a disaster where the property is located, a major maintenance expense, an unexpectedly long vacancy, or a problem with a tenant that leads to legal action and damage. As your property management company, we work on preventative measures to keep this...

Thursday, December 31, 2015

Property Management Blog

Handling Emergencies and Disasters

Emergencies and disasters happen and most of the time they cannot be avoided. Webster terms an emergency as "an unexpected situation that requires prompt action" and a disaster as "a grave occurrence having harmful results." In the property management world, we see emergencies as loss of heat, a gas leak, water leak causing flooding i...

Thursday, December 31, 2015

Property Management Blog

Effective Documentation

Today, when you buy or rent a property, the amount of paperwork required is often staggering. Once upon a time, an agreement to purchase or rent a property was one page, but now the basic agreement is multiple pages accompanied by multiple disclosures or addendums. In any area of the country, it is increasingly important in today's in...

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