Advanced Property Management Article Topics
Evicting Deadbeat Tenants
Evicting Deadbeat Tenants Most tenants will maintain your rental property to a reasonable degree, follow the rules outlined in their lease and pay their rent on time each month. Deadbeats, though, won’t. When faced with uncooperative renters, eviction may be your best, and only, option. Gather evidence If your tenant is responsible for any property damage, take photos. Also [...]
THE REAL ESTATE MARKET IN ARLINGTON
THE REAL ESTATE MARKET IN ARLINGTON CoreLogic, a California-based provider of real estate information and analytics, issued a report that home prices in the Fort Worth-Arlington area decreased in January from a year ago. While this might be seen as bad news, this figure includes the sales of distressed properties and only represents a 1.9 percent drop compared with [...]
LANDLORDING: THE HIDDEN COSTS
LANDLORDING : THE HIDDEN COSTS Real estate concept. The learning curve for new landlords can be steep. There’s learning how to deal with tenants, maintenance and legal issues and of course, all the paperwork that goes with renting properties. But that’s only part of the story. If you are a novice landlord, you will also have [...]
5 EFFECTIVE LATE FEE STRATEGIES
5 EFFECTIVE LATE FEE STRATEGIES Late fees are an important part of any property management business. That’s why it’s important that you make it clear when rent due dates, grace periods and late fees are due in all rental agreements you draw up with your tenants. Following are five strategies you can implement to ensure you receive the rent [...]
MANAGING TENANTS WITH DISABILITIES
MANAGING TENANTS WITH DISABILITIES Disabled tenants present special challenges. You can’t treat them differently from able-bodied renters. At the same time, though, you may need to make special accommodations for them. The first thing to clarify is who is considered disabled. The federal Fair Housing Act and Fair Housing Amendments state that a person is disabled if he or [...]
WHAT TO LOOK FOR IN A PROPERTY MANAGEMENT FIRM
WHAT TO LOOK FOR IN A PROPERTY MANAGEMENT FIRM Are you a landlord struggling to manage multiple property holdings? If so, chances are that you’d benefit from handing over management of those homes, apartments and/or condos to a property management company. But before you seek this kind of assistance, you need to make sure you know who you’re dealing with. Here’s [...]