Property Management News
Every property manager or management company is different, with different skills and different goals, but in general property management services are designed to take the work out of owning rental property for an owner. These are my short answers to some common questions I am asked by potential clients. And remember- this is NOT legal advice! What does a property management company do for me? Owning an investment property is very much like owning a small business. You have income and expenses, products and services, warranties and obligations, contracts, legal requirements and so on. Depending on the property this can be an extremely time consuming process. Not only must you handle... Read more
What to Consider Before Investing Not every type of investment property is right for every property investor. Commercial properties may work for one investor, while...
Cortland’s Karl Smith, aka “Dr Fitness,” offers advice on how to design and operate new and renovated gyms in apartment communities. When the Covid pandemic hit,...
At some point, every homeowner will deal with roof replacement costs. Whether it’s a few missing shingles or a major leak, roofing problems can quickly become a...
Don’t fall into these seven common pitfalls of the real estate sector. Real estate is one of the safest ways to create lasting wealth, and it is attracting more...
When a landlord resides in a rental property, it is known as an owner occupied landlord. Many times, landlords do not actually live at their rental properties. When a landlord owns a rental property, but lives at a considerable distance away from the rental, usually outside of the rental property’s local economic area, they are often referred to as an absentee landlord. Sometimes the landlord’s primary residence is not even in the same state as the rental property. Absentee landlords are not landlords who come to their property once a week. These landlords are those who are almost never seen. They may make an appearance every few months, or not at all. It is common for landlords... Read more
More importantly, what do you need to know before buying a duplex house? Duplex homes offer interesting potential for those looking to purchase a home or investment...
Key takeaways A garage conversion can add extra living space without increasing your home’s footprint Before starting, you’ll need to obtain the proper...
Customer service is job one! Thou shalt answer the phone. There’s no customer service unless your resident can get a hold of you. Thou shalt under-promise and...
Multifamily properties include duplexes, triplexes, townhouses, high-rises, low-rises, condominiums, bungalows, mixed-use buildings, and more. Real-estate investing is...
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