Hey Rusty, Give Me an Example of What You Do!!
Property Management ,

Hey Rusty, Give Me an Example of What You Do!!

As landlords and property managers, we often focus so much on choosing the well-paying tenant, we forget that there are other tenant characteristics that can make managing properties a nightmare. Here are three of my worst tenant archetypes: their modus operandi, how to spot them in tenant screening, and how to handle them if they manage to slip through your screening process. Nightmare Tenant 1: The Excuse-Maker When it came to paying rent, I’ve heard everything from “My sister’s best friend’s mother passed away” to “I ran out of checks” (the tenant equivalent of “My dog ate my homework”). In…
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The Difference Between a Property Manager and a Landlord!
Property Management ,

The Difference Between a Property Manager and a Landlord!

A property manager and a landlord make a good team when tasks are carried through and done. This article is written to help you understand their individual responsibilities and how they both serve each other to create a satisfying housing experience for you. Responsibilities A landlord is the owner of real estate; a rental house or apartment building. A landlord’s job is to provide habitable rental housing. This includes: maintaining plumbing, gas, heat and water facilities. They are responsible for the building’s ability to function properly so the tenant can live safely and comfortably. A property manager is a third-party…
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Property Management 101
Property Management

Property Management 101

Owning a rental property can be a great source of additional income. However, it also comes with the added responsibilities of property management, including upkeep, repairs, and marketing. If you’re asking yourself “do I need a property manager?” — consider these eight benefits of using a property management company. A property manager will: Screen out problem tenants One of the biggest benefits of property management is that the property manager will handle tenant screening. Experienced property managers see hundreds (or thousands) of applications, so their trained eyes are more likely to notice potential red flags when reviewing an applicant’s paperwork.…
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