Property Management News
Successful multifamily investing requires more than just acquiring properties—it requires implementing effective operations policies and procedures. Having well-defined guidelines and processes in place is crucial for maximizing property performance, streamlining operations, and ensuring a seamless experience for both investors and tenants. In this blog post, we will explore key operations policies and procedures that are essential for achieving success in multifamily investing. Tenant Screening and Leasing Procedures: Tenant selection is a critical aspect of multifamily investing. Implementing thorough tenant screening procedures helps ensure you attract reliable, responsible... Read more
Key Takeaway: Understanding the responsibilities and definition of a property manager is crucial in pursuing a career in property management. Property managers...
Verification forms play a pivotal role in property management offices, particularly when handling requests for reasonable accommodations or modifications under the Fair...
As a landlord – or property manager or other housing provider – you evaluate housing applications or decide whether to renew a current tenant’s lease. You...
Most landlords know that credit check and criminal record searches are essential for good renter screening. However, there are many other places that renter red flags...
Because you are a savvy landlord, you routinely run background checks on your prospective tenants. You know these screenings are the best way to keep out undesirable renters while protecting your investment. But are you aware that it is just as important to screen the contractors you intend to hire? Think about it. Hiring the wrong contractor can result in damage to your property, delays in completing a project and a significant amount of financial loss. In other words, hiring someone without vetting them first will probably be the worst decision you make all year. The Case of the Disappearing Roofer For example, you see that a new roof is being installed on the building down the street... Read more
What Does a Charge-Off Mean? A charge-off means a company has written off a debt because it does not believe it will receive the money that it’s owed. You are still...
KEY POINTS A credit freeze prevents lenders and other third parties from accessing your credit, stopping criminals from opening new credit accounts in your name. A...
In today’s rapidly-evolving digital landscape, it’s easy to overlook the significance of traditional forms of communication, such as phone calls, in the...
Numerous condominiums and homeowner associations have Governing Documents, or rules and regulations that regulate leasing, including restriction to whom owners may rent....
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