Property Management Blog

Thursday, December 31, 2015

Property Management Blog

Investor Insurance

Insurance is a necessity for investment property you pay with the hope that you will never have to use it for unforseen events. With all the different emergencies, disasters, or problems that happen to a rental property, it is important a property owner have the best coverage possible. When did you last review your insurance policy fo...

Thursday, December 31, 2015

Property Management Blog

Working with the Military

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 (SCCR...

Thursday, December 31, 2015

Property Management Blog

Looking Toward the New Year

As another year ends, many people take time to reflect on the past year. Generally, this leads to setting goals and making New Year's Resolutions. Our company is busy reviewing the past year and planning on how we can improve our property management services to you, our clients. Here are some of our key property management goals a...

Thursday, December 31, 2015

Property Management Blog

Using the 1031 Exchange

Article Size: This body of the article, “Using the 1031 Exchange,” contains approximately 605 Words and is located on page 3. Before using this article, please read the LandlordSource Disclaimer, Inserting the Article, and Other Tips” displayed on pages 1 and 2 of this document. LandlordSource Disclaimer: Jean Storms, MPM®¨ ha...

Thursday, December 31, 2015

Property Management Blog

Beware Red Flags

As experienced property managers, we have learned to recognize certain warning signs – or “red flags,” when marketing properties and taking applications. Here are some we encounter while showing properties: The applicant is willing to pay more than the offered rent and security deposit. They will pay eve...

Thursday, December 31, 2015

Property Management Blog

Mold, a Critical Issue

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...

Thursday, December 31, 2015

Property Management Blog

Renting to the Handicapped

Fair Housing is simple - do not discriminate. While this may be a basic principle, it is often not easy to follow, particularly in the area of handicapped or disabled persons. Many landlords often do not know or understand the legal requirements when it comes to renting to handicapped tenants, which can lead to costly lawsuits. Courts do ...

Thursday, December 31, 2015

Property Management Blog

Deciding on Pets

Most owners shudder when you mention pets. To be perfectly honest, this is an understandable reaction since there are times when tenants allow their pets to cause considerable damage. However, when facing the issue of pets, property managers and/or landlords often need to use a logical approach. Saying “no” to a pet ri...

Thursday, December 31, 2015

Property Management Blog

Professional Services for your Investment

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 ke...

Thursday, December 31, 2015

Property Management Blog

Thinking of Buying an Investment

With the recent dip in the sales market and the increase in foreclosures, buying an investment property may be once again a good choice for your financial portfolio. There are items you will want to review before making a purchase. Compare property values and rents Check out the area property values and compare them against the pr...

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