Request A Quote
We are pleased to present below all posts archived in 'May 2017'. If you still can't find what you are looking for, try using the search box.
Rental property can provide a favorable rate of return and steady cash flows, but only if you have the right strategy in place, including the services of a property management company. Some of the steps for maximizing rental income involve thoroughly screening tenants, establishing longer lease periods and collecting on late fees when applicable. These steps enhance the potential for better outcomes.
Read the rest of entry »
Some people find finances fascinating, and they're able to understand how each figure works together. Some find them necessary, but not particularly interesting to work with. Others simply don't have the time for them even if they wanted to handle it all. In property management though, the answers to many of your problems likely lie in the numbers.
The future of any industry can be difficult to see, no matter how objective a person is. Right now, experts are noticing that despite the rise of property values and profits, there is a lack of interest in the next generation to become a part of this booming sector of the economy. Student loans and high valuations make it difficult for younger buyers to enter the market, meaning it's pivotal for everyone to understand what the industry will look like after the current leaders retire. Find out what you should know about these changes to make the most of your own property management career.
Real estate success is often tied up in instincts: do you know why neighborhoods thrive while others fall apart? Anyone who knows the market knows the reasons aren't as obvious as you would think. But that doesn't mean improving your portfolio is a fool's errand, so use these four tips if yours isn't quite where you want it to be.