Do Mom & Pop Landlords Differ From Professional Managers in Conflict Resolution & Tenant Retention? Snidely Whiplash tying Nell Fenwick to the train tracks because she can’t pay the rent, is not quite what we have in mind here. In fact, some practices still in action today by both Mom & Pop shops and some Professional Property Managers can both borderline on some pretty unethical and unlawful resolutions. There are laws to protect tenants from unscrupulous landlords on both sides […]
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In Volume 1 of our blog series we talked about the Types of Landlords and the impact this can have on Tenant Screening. Here in Volume 2 we will dig deeper in the different options and features that you will find in the smaller Mom & Pop Landlord Shops vs. a Professional Property Management company. Again, it is not our goal to sway you towards one or the other. Your specific needs as a resident may vary as widely as […]
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So you are looking for a new apartment to call your home. But you cannot decide which style of apartment living is going to be the right choice for you. With all of the factors flying around in your head like, commute time to work, great school systems, nice neighborhoods, amount of rent you will pay, and how long it will take you to go pick up a gallon of milk; now you need to decide what type of building and […]
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The biggest mistake a landlord makes in owning rental properties is not treating their rental properties as a business. Obviously there are pillars of performance that need to be adhered to to find and keep happy residents, such as: tenant screening, knowing your numbers and strategy for the building, and keeping up with maintenance and repairs. Probably the most overlooked aspect of being a landlord are the building codes and state sanitary codes that clearly outline the specific performance expectations of […]
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I recently had the opportunity to attend a local REIA meeting where the presenter was a professional staging company. A staging company will come into your renovated flip or rehab project and add furniture and design elements to help the buyer “see” the potential of the space. This has a huge impact on the buyers to help them imagine themselves living in that new home. It helps them figure out where the furniture will go, which wall the bed would […]
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Start building your power team before you need them. Think about the people you will need to run a successful Real Estate business and their roles on your power team. These are the people who you can leverage their time and experience to help build your business faster. The best part is that most of these team members do not require payment until after you have completed a deal. They will be paid from the profits. I am sure you […]
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Here are my “Top 10 Tips to get the apartment of your dreams”. We have been property managers for scores of landlords and property owners since 2001. From years of showing apartments and screening hundreds of prospects and rental candidates, I can tell you from first-hand experience these little details that I’ll share with you will go a long way winning over a landlord to want you to rent their apartment from them. We would truly hope that you have […]
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