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What Are The Legal Liabilities Of Property Managers

Property managers face a ton of issues on a day-to-day basis, not just from tenants but also from property owners. Some of these issues can get property managers in legal trouble. But, what exactly are the legal liabilities of property managers? In this article: Be Wary of the Legal Liabilities of Property Management Crimes at…

photo of a laptop with property management on the background | two men talking | digital property management

Digital Property Management: Which Services Should You Digitalized?

Back in the day, property management companies had to do things the old-fashioned way. Digital property management, though, is the new norm in this industry. Whether you are looking for a property management company or are one, there are some services you must digitize.   Understanding Digital Property Management Real estate investors often find it…

How To Know If You Need The Services of A Property Management Company

11 Reasons To Hire A Rental Property Management Company

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

Managing Tenant and Owner Funds

When a property owner hires a property manager, he does not only entrust him his properties, he also handles a range of things associated with managing the property. These things are the collection, security deposits, funds and write checks on behalf of the owner. For this relationship to work, there has to be trust, accountability,…

Settling and Collecting Rent

Everything You Should Know About Rent Collecting

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…

Property Inspections

Rental Inspection Checklist: Use This Before Leasing Or Renting A Property

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…

Background Checking & Researching the Company

20 Questions To Ask Property Managers Before Hiring Them

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:…

Responsibilities and Representations

Broker, Owner, And Landlord Responsibilities

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…

Indemnification and Boiler Plate Items

Indemnification and Boiler Plate Items

There are several other components to legal contracts that need to be understood. Even though only certain aspects are relevant to property management agreements between property owners and property management companies, it is important to have a basic understanding of them to avoid costly misunderstandings in the future. If you fail to understand these issues,…

Breakdown of Property Management Fees

Property Management Fees 101: How Are Charges Determined?

When comparing property management companies, most property owners place a great deal of importance on the cost of their services. But, it is not always easy to understand each company’s fee structure. To help you make a decision, here is everything you need to know about property management fees.   A Guide to Understanding Property…

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