Property Management News
No one said being a landlord would be easy, but the profit potential is such that plenty of people do it. The good news is that most landlords have a very easy, trouble free experience with their tenants, which allows them to reap the rewards of their investment. But that is not always the case, and so landlords need to know what they can do to attract a ‘good’ tenant, and also to spot the bad apples. 1. The landlord process begins with a thorough screening of tenants. Whom you allow to move into your property always makes a difference in how profitable your business will be. No landlord likes having a vacancy but allowing the wrong tenant to move in can be more costly than a vacancy.... Read more
Let’s face it, first impressions matter. We care about how we dress for a job interview, and we spent extra time in front of the mirror before that first date. When it...
Which superstore offers home owners the best returns on home prices? Target is more likely, a new study concludes. Real estate data firm RealtyTrac researched the effect...
It’s an excellent time to be a landlord. Amid a U.S. recovery that has been frustratingly slow for most folks, property owners’ share of the economic pie has...
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs....
For the last five to six years, the number of foreclosures has been steadily declining since hitting a peak. December 2015’s total of 32,000 completed foreclosures represented a decline of nearly 73 percent from their monthly peak of 118,000 reached in September 2010, according to the latest data from CoreLogic. The elevated foreclosure numbers in the last few years have been supporting existing-home inventory for the last few years. Now that foreclosures are returning to more “normal” levels (pre-crisis), that support for existing-home sales is dwindling. Instead of thinking of the foreclosure decline as a contributing factor to the drop in existing-home sales inventory,... Read more
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry. As rent prices continue to rise and a growing number of...
We’re neck-deep in the Photoshop era—retouching, it seems, has become an inescapable part of everyday life. Dating-site photos are retouched. Cover models are...
Inspection day is exciting. Besides running all the faucets, testing the appliances, and peeling back that shag carpet to check for hardwood (fingers crossed!), what...
As some banks step away from construction lending, the Federal Housing Administration (FHA) is stepping into the gap, with competitive rates and faster processing...
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