Property Management Resources

Managing a rental property can be challenging, especially if you lack the time or skills for the job. This is where rental property management companies come in. But, what does a property manager do anyway?   What Is Rental Property Management? The definition is in the name itself — rental property management. Simply put, it…

Managing tenant and owner funds usually falls under the scope of responsibility for property managers. But, it is easy to make mistakes and become a victim of poor fund management.   Property Manager Responsibility: Handling Tenant and Owner Funds Being a landlord is often a challenging position. There is so much more to it than…

Many landlords struggle with one of the most important parts of rental management — rent collecting. Considering rent is how you make money, though, you should arm yourself with everything you need to know about how to collect rent.   A Landlord’s Guide to Rent Collecting Managing a rental property is a difficult undertaking, requiring…

As a landlord, it is your job to conduct regular inspections of your rental property to ensure it remains in good condition. This is where a rental inspection checklist can come in handy.   What to Include in a Rental Inspection Checklist What is a rental inspection checklist? Simply put, it is a checklist consisting of…

Entrusting your rental space to a property manager is a major decision. However, this can be the help you need to get the best return on your investment. Before signing a contract, though, here are the most important questions to ask a property manager or a property management company.   Questions to Ask Property Managers:…

What does a real estate broker do? Do they share the same responsibilities as a property owner or landlord? Whichever role you assume, you must understand your function and the duties you are obliged to fulfill.   What Does a Real Estate Broker Do? Answered! There are plenty of lucrative opportunities in real estate, which…

It is crucial that landlords carefully review their property management contracts before signing them. In doing so, they can make sure they are not agreeing to unreasonable terms or hidden costs.   Understanding the Parts of a Property Management Contract For a lot of property management companies, the contract simply represents another deal. It contains…

One of the things that hold most landlords back from hiring a property manager is the perceived cost of their service. But, how much exactly are property management fees? What You Need to Know About Property Management Fees Plenty of landlords can handle their rental properties fine on their own. This is usually the case for…

Is a property management company worth it? Here’s a complete guide to hiring property management services to determine if it’s the right move for your rental property.   6 Compelling Reasons for Hiring Property Management Services Not all landlords or owners need to hire a professional service to take care of their rental property. However,…

A property management agreement is a necessary and valuable tool in any business deal between a property owner and a management company. But, it is not always easy to know what these contracts should contain. Learn what to look for in a property management agreement below.   The Importance of a Property Management Agreement What…