Advanced Property Management Article Topics
THE ART OF RENT COLLECTION
THE ART OF RENT COLLECTION Being a landlord means that you have to collect rent. This one task is probably the most important – and sometimes the hardest – thing you will do at the end of every month. Rent collecting requires business savvy as well as good people skills. When you really think about it, it’s an art [...]
3 POINTS TO CONSIDER WHEN SETTING RENT
3 POINTS TO CONSIDER WHEN SETTING RENT One of the most important things you will do as a landlord is to determine how much you will charge per month for your rental units. If you are new to the landlord game or if you have just bought property in an area with which you are not familiar, here are [...]
LANDLORDS, TENANTS AND HOAs
LANDLORDS, TENANTS AND HOAs The relationship between landlords and tenants can get complicated. But when you add a homeowner’s association (HOA) into the mix as well, it gets even more complex. The first thing to know about an HOA is that it is a legal body created to maintain common areas in a neighborhood/housing development and to maintain the [...]
DEALING WITH MOLD PROPERTY MANAGEMENT COMPLAINTS FROM TENANTS
DEALING WITH MOLD PROPERTY MANAGEMENT COMPLAINTS FROM TENANTS If you own and manage rental properties, you need to know that the presence of mold can put you at risk of litigation. In the last decade,tenants across the country have won hefty settlements from landlords for health problems – such as nausea, asthma, rashes and chronic fatigue – allegedly caused [...]
“ADVERSE POSSESSION” TIME RAN OUT
“ADVERSE POSSESSION” TIME RAN OUT After roughly seven months of possession, Ken Robinson’s time ran out in an upscale abandoned Flower Mound home this past week. Robinson started occupying the $340,000 home last July when his research could not find the owner nor the mortgage holder of the property. Using a little known Texas law of “adverse possession” he [...]
MARKETING YOUR RENTAL PROPERTY THE RIGHT WAY
MARKETING YOUR RENTAL PROPERTY THE RIGHT WAY When it comes to marketing your rental property, you have a lot of choices–almost too many. You can put an ad in the local newspaper, list the property with a home finding agency and/or put up a sign in the front yard. And that doesn’t even include your online options. It all [...]