4 reasons why it pays huge dividends to have a Business Plan for your business.
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Tag: Business planning
Case Study: 12 Unit Multi-Family Property Repositioning Project
Why Should You Even Consider Hiring a Property Manager at All? We have been Real Estate Owners and Property Managers going on two decades. We have seen market cycles ebb and flow in that time and have seen peaks of prosperity and valleys of burst bubbles plummeting properties to pennies on the dollar. I would never claim to know it all, but we have seen, been through, and experienced a lot. One afternoon I found myself in the office of […]
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Real Estate Networking for Newbies
YOUR ELEVATOR PITCH: This is the start of the relationship and the first impression. A good elevator pitch will be short, sweet, and to the point. They call it an elevator pitch because it shouldn’t take that long to explain what you do. It should be simple enough that a child can understand it, and short enough to finish before you reach your floor destination in the elevator. They keys basic to the pitch are WHO you are, WHY you […]
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How the “SEOTA Marketing” process is used to Customize the Property Operations for your Investment Property
Every property, resident, owner, and Property Management Company is different. Each one has their unique characteristics and special qualities that set them apart from one another. It is obvious that properties are different. The same car driven by different drivers will perform differently over time. The same is true with buildings. The care and preventive maintenance performed will only extend the life and performance of the property. And just like there are different types cars, BMW, KIA, and Rolls Royce, […]
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Requirements of the Property Management Business
Whether you find yourself looking for an apartment to call your home, or looking for a property management company to take over the management of your assets; there are key features you should be looking for from both sides of the aisle. You want to make sure they have the processes and procedures in place to upkeep the property for your family while you live there as well as the same processes and procedures to keep your property running at […]
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Top 10 Due Diligence Tips for Buying Real Estate Investment Property
Top 10 Due Diligence Tips for Buying Real Estate Investment Property During an Interview with Henry Ford the reporter asked Mr. Ford, “How is it that you have become so successful?” to which Mr. Ford replied. “By making good decisions”. After thinking about his answer for a moment the reporter then asked, “How do you make good decisions?” to which Mr. Ford answered, “By having experience”. Again after some thought the reporter asked, “How did you get experience?” Mr. Henry […]
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Landlord Checklist: What do you do when your resident passes on?
You may probably think that from the blog title that we mean when the resident moves out of your apartment to live in another domain. Well, actually, in this case, we mean it quite literally. What we are writing about are some of the steps, concerns, and dilemmas you may run into when your resident passes away in the premises they rent from you. “To sleep: perchance to dream: ay, there’s the rub; For in that sleep of death what […]
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