Property Management Resources

What used to be a side business for residential realtors and apartment managers now demands a level of interaction and communication rarely achieved previously. From online applications and work order requests to complete real time management reports, it now must be recognized that it is never too much information that causes problems. The real estate…

Freddie Mac released its U.S. Economic and Housing Market Outlook for December showing what some of the market features are expected to look like in 2013. Outlook Highlights Look for long-term mortgage rates to remain near their record lows for the first half of 2013, then rising gradually during the second half of the year,…

With below-freezing temperatures haunting the future  forecast, it’s time to start thinking about ways to cut down on energy use. Many properties in Philadelphia and beyond are older and less energy efficient buildings. Luckily, whether you own or rent a property, you can make some easy changes to improve energy efficiency in your home. Here’s…

Usually at this time of year potential tenants have either found a home, are in a major rush to find one, or have postponed looking until after the holidays.  This can make a rental owner particularly frustrated as the majority postpone.  A few years ago, a particularly creative owner who uses our services, ended up…

In a previous blog we discussed how a property management company goes about setting the rental rate.  Whether you’re a condo property management company, retail management company, or an industrial property management company, setting rent and collecting rent are the sustenance of your business.  This blog is going to switch the focus from the previous…

Unfortunately there are times when a tenant is renting a property and they pass away during the term of the lease. The situation is one that most landlords hope to avoid; however knowing what to do next is something every landlord should know. If you own a Minnesota rental property and this situation arises the…

One year into the experiment that many owners doubted would work and interestingly..it has! A year ago, reviewing the staff time lost with tenants coming into our office to pay rent (usually with cash) I started to consider what we could do. It was not so much the act of accepting the rent and issuing…

The holidays are rapidly approaching and whether you are a condo property management company, industrial property management company, retail property management company, or really any type of property management company, you are probably wondering what you can get your tenants as a holiday gift. Showing appreciation for your tenants is always a good gesture to…

The journey to a successful life should be enjoyed. True success comes from accomplishing the activities daily that will lead you to your ultimate goals in life. Failing or neglecting to accomplish the daily disciplines will lead you down the path of lost opportunities and lost income. If the penalty for not accomplishing your daily…