Posts Tagged ‘Property Management’

What to Know Before Buying Property

June 19th, 2008

IMG_0535
Creative Commons License photo credit: Jug Jones

If you’re new to the investment property game then there are a few options to consider before you dive in and buy your first rental property.

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Upgrades that Pay Off

June 15th, 2008

Wall Street Kitchen 2
Creative Commons License photo credit: thekitchendesigner.org

If you’re a property owner then you’re probably looking to get the most value out of your investment as you can, especially if own rental properties and consider this a major part of your income. One way to increase the value of your property is by making wise upgrades and investments. (more…)

Real Property Administrator

June 13th, 2008

There must be a better way
Creative Commons License photo credit: Nathan Borror

A Real Property Administrator or RPA is a certification you can add to your property management resume by completing eight courses through the Building Owners and Manager’s Institute. In addition to your course work you must have also have three years of property management work under your belt. (more…)

How to Fire your Property Manager

June 6th, 2008

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Creative Commons License photo credit: David Boyle

Just like everything in this world, some property managers are better than others. If you are stuck with one of the bad ones then its time to get unstuck. (more…)

Property Modification Contracts

June 4th, 2008

Painting
Creative Commons License photo credit: Photocapy

It’s your property and keep this in mind when you’re renting to tenants. If you don’t want the tenant to modify the property in any way whatsoever, make sure you include this in the written contract. It’s the only way to make sure you’re point has hit home and it provides you with a legal remedy if they do make alterations. (more…)

How to be a Successful Property Manager

June 3rd, 2008

Dark clouds
Creative Commons License photo credit: Phil Romans

Property management is a popular career these days and starting your own business isn’t very difficult but being successful is more challenging.

Let’s assume you have all your credentials, have experience and are fully qualified, willing and able to own your very own property management company. Now, it’s time to let people know about you. (more…)

Property Management Software

June 1st, 2008

My computer
Creative Commons License photo credit: Julio Aguiar

Are you ready for a property manager or can you still do it yourself. Some property owners begin to feel overwhelmed as they get more tenants and more property. These added responsibilities come with more stress and more pressure and may leave you wanting some additional help. (more…)

Property Management as a Part Time Job

May 31st, 2008

Residential houses in Lappeenranta
Creative Commons License photo credit: aNantaB

A large percentage of the people who work in property management are freelance employees who only do the work part time. As a real estate owner, you’ll need to determine whether you are comfortable hiring someone who is only available part-time or whether you need to hire a property manager that can commit to the work on a full-time basis. (more…)

How Property Managers Work with Contractors

May 29th, 2008

insulation 001
Creative Commons License photo credit: thingermejig

One of the best parts of having a property manager on site at your rental properties is that they can handle most of the contractors that are needed at the property. A good property manager can take responsibility for screening contractors and recommending the best choice to the property owner. Additionally, the property manager can be entrusted with overseeing the work of contractors to make sure that things go smoothly. (more…)

Property Managers and the Housing Economy

May 28th, 2008

Wall Street subway station
Creative Commons License photo credit: epicharmus

Many people who own investment property are looking at ways to cut corners now that the value of homes is on the decline in many parts of the nation. Some of these property owners are looking at getting rid of their property managers and taking over their duties themselves. Before you make this type of move, you should know that having a property manager could actually add much-needed value to your real estate. (more…)