Quite like every traditional organizational structure, there are numerous managers outside the business world that are responsible for handling a diverse list of tasks. Their title may be used interchangeably, but their expertise and scope of duties are very different. For instance, you aren’t going to communicate with your sales manager to deal with your…
When Is It Right To Evict A Tenant?
Tenant eviction is a normal part of managing a rental property. But, as a landlord, you need to know when you can legally evict a tenant. This way, you can complete the process in a seamless and efficient manner without breaking any laws. How to Evict a Tenant the Right Way Eviction is not…
How Do You Calculate Rental Income?
Buying a rental property is one of the best real estate investments you can make. Before pulling the trigger, though, it’s important to do a thorough analysis of the property. You need to calculate rental income to determine whether the investment will become profitable. Here’s how you can find out the potential rental property income….
15 Key Questions To Ask A Landlord Before Renting
Any responsible renter knows that you should not enter a lease agreement with your landlord without knowing all the pertinent information. Before renting an apartment or house, there are some crucial questions you must ask a landlord first. Important Questions to Ask a Landlord When Searching for a Home to Rent There are an…
5 Most Common Rental Lease Violations And How To Handle Them
Rental lease violations happen every day. Every landlord has had the misfortune of having a tenant break a stipulation in their lease agreement. The difference between a good landlord and a bad one is in the way these violations are handled. The Proper Way to Resolve Rental Lease Violations While a lot of Americans…
Water Damage In Apartments: Who’s Responsible For Fixing It?
Water damage in apartments are all too common, but who should actually cover the cost of repairs — the landlord or the tenant? Answering this age-old question requires a deeper look into the rights of renters, insurance, and landlord responsibilities. Who Is Responsible for Water Damage in Apartments? Apartment dwellers know all too well…
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? Be Wary of the Legal Liabilities of Property Managers Property managers are responsible for…
Digital Property Management: Which Services Should You Digitize?
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…
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 The Right Way
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…