Property Management from A-Z

Property Management from A-Z: J

February 22, 2010

Jaded, Job & Judge Jaded – I see long time property owners who get to a point where they are jaded about tenants and being a property manager.  This ultimately comes about because they, the owners, don’t have procedures in place so every interaction with their tenants is a new and taxing experience.  This is [...]

Read the full article →

Property Management from A-Z: I

February 21, 2010

Inspections & Insurance Inspections – How often and how detailed.  You should always do a detailed inspection with photos prior to tenant move in. Drive-by’s through out the year are fine.  If the yard is looking shabby you might want to schedule an inside inspection or send the tenant a quick note that the yard [...]

Read the full article →

Property Management from A-Z: H

February 10, 2010

Hands-On When prospective clients call me to ask about my services one of the questions they always ask is if I am Hands-On.  Let me address this question. Hands-On – is a word that has many meanings depending upon who is asking it.  My answer is: yes, you want to be hands-on but not a [...]

Read the full article →

Property Management from A-Z: G

February 8, 2010

Good Perspective, Good Owner & Gardener I teach classes on how to be a Good Landlord and what is interesting to me is how often people like to share their horror stories but what they don’t realize is that they are part of that relationship.  I find that when owners come from a perspective that [...]

Read the full article →

Property Management from A-Z: F

February 3, 2010

The two topics today are Filing System & Fair Housing. To be organized and to be able to document everything associated with managing a rental you need a filing system and it doesn’t really matter what system you use – just have one.  I will tell you what I have both personally and in my business. Filing [...]

Read the full article →

Property Management from A-Z: E

February 1, 2010

Evaluate & Efficient Evaluate When a property comes vacant you always need to evaluate how much to do on a turn over.  You need to evaluate if the property needs to be upgraded to make it more current and appealing to current renter wants and needs.  An example would be an older home without a [...]

Read the full article →

Property Management from A-Z: D

January 27, 2010

There are lots of D’s. Document, Detailed, Due Diligence, Deposits & Damages Document You want to document everything.  Use email to cover communication bases.  Keep all documentation, receipts, letters, leases, notices, photos, everything. Detailed You want to be detailed in your business.  Your lease should be very detailed.  Your emails should be detailed so there [...]

Read the full article →

Property Management from A-Z: C

January 25, 2010

Communicate Clearly Communicate clearly, repeatedly, in writing and often.  When I was teaching in the classroom I learned, Tell them what you are going to do, Do it, Tell them what you did. In property management I can’t begin to tell you how often we repeat the same thing over and over.  People only hear [...]

Read the full article →

← Previous Entries

Next Entries →