How to be a successful property management company
Millenials with college debts used to struggle to acquire rental properties after four years of college. However, this is no longer the case as they have become the nation’s largest renting demographic. They are even beginning to buy homes. So, the biggest question is, how do you attract these millennials to your available rental property? […]
Also Read How Do I Start a Property Management Company Property owners will always have some tough questions for both new to the industry and established property management companies. If you can provide the right answers, they’ll be more inclined to make you their management company. Here are some of the major questions that property managers […]
Consistent Communication The Status Quo. Property managers need to understand that every victory opens the doors for further opportunities. The implication of this is that a property manager cannot afford to rest on his laurels he has to continue planning and strategizing for more success. Read Property Management Technology Keep a close eye on rental […]
Want to instantly increase the re-sale value of your home or increase the rents you can get for a rental property? Stop drug activity! Read: Tenant Proof – Safeguarding your Philadelphia Rentals from Destruction Just one person engaged in drug activity can reduce property values over the course of blocks. It creates unmarketable / undesirable […]
Also Read Property Manager Tips On Helping Your Tenants Survive a Winter Snowstorm It’s that time of the year, that pipes can freeze; and if you are a property owner or a property manager, you should know what to do when water pipes freeze. Frozen pipes not only stop tenants from having water for cooking, […]
Self-showings are a great way for prospective tenants to preview your available rental properties by touring at their own convenience. Not only will it free up your time, from having to show the property yourself; but it will also avoid losing a prospective tenant from losing interest having to schedule their availability against your own. […]
Time Management for Property Managers. As seen in earlier posts, time management is a very essential part of property management. Property managers spend a lot of time resolving property related issues involving; the signing of lease agreements, processing rental payments, issuing property repair work orders, terminating bad tenants, or organizing condominium walk-throughs for investors. So […]
Also Read: How Do I Start a Property Management Company Successful Property Managers Network. The importance of professional network to a property management company can never be overemphasized. A seasoned, experienced property manager knows that he cannot do it all and that there is an ever increasing need of outsourced work to a great many companies […]
The greatest property managers are those who are able to apply an expansive skillset to the different situations they find themselves in. They handle situations requiring negotiation, organizational skills, strong communication and customer service with so much ease. Property managers are also good at managing tangible property-related issues like repair and maintenance. Here are 5 […]
Property management is such a difficult job especially if the company belongs to you. Property management companies all have their own peculiarities, which is why you need a professional with a good understanding of the assets under supervision. Property managers draw on their experiences and skill to handle an array of tasks in other to […]
