Many people prefer renting, as it gives them more flexibility. Renters also experience less responsibility when it comes to repairs and maintenance. As a renter, you’ll have many freedoms when it comes to your space. However, your landlord may need to temporarily gain access to...
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Property management reports are a helpful tool for property owners. They give detailed information regarding the duties that the landlord or property management performs. This allows the owner of the property to oversee management without being entrenched in the daily comings and...
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As we kickstart the new year, a time traditionally dedicated to juggling new resolutions, claiming intentions, and completing laundry lists of to-do items, property managers are looking for ways to improve efficiency and enhance their properties in 2021. An annual maintenance che...
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Landlords can often be hesitant to hire a property manager, attempting to take on the additional workload to avoid added costs and increase profit. However, in most cases, landlords would consider the choice to outsource the management of their properties' money well spent. B...
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COVID-19 has severely impacted every sector of life—uprooting foundations, altering lifestyles, and forcing humanity to adapt in ways we could have never foreseen. These unprecedented circumstances have had no less of an impact on the rental and property management markets....
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10 Real Estate Investing Quotes to Live By: Part 5
1. Create a plan. You don’t have to have a detailed business plan with every little detail included to be successful, but you do need a plan. Knowing what strategies you’re going to take, what criteria you’re looking for, what your exit strategies are, wha...
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10 Real Estate Investing Quotes to Live By: Part 3
1. In order to be successful in any kind of real estate investment in an emerging market, you need to do some careful analysis, you need a lot of drive and the vision to see what few others can see clearly at that stage. – David Lindahl 2. Don’t worry about the money....
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10 Real Estate Investing Quotes to Live By: Part 4
1. Expect the unexpected from Tenants. Plan for the worse and be pleasantly surprised when you get a great tenant. Tenant planning usually involves money; either periods of no tenants, making property repairs to non-functioning items and non-paying tenants. It’s criti...
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10 Real Estate Investing Quotes to Live By: Part 2
1. Avoid penny-pinching and the scarcity mentality. But definitely set a realistic budget and add to it every chance you get. Outsource as much as possible to maximize your time. Always shoot for a high return on your investment, but please don’t ever expect something ...
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1. Collaborate. Find great team members to help you pull off your overall vision. One person alone can only handle so much (and it limits your education). – Ken McElroy 2. Know your numbers. It is easy to get emotional about a deal, no matter how experienced you are. ...
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