Property Management Resources

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…

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…

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…

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…