Archives for May 2017

Property Management Checklist

When taking on the role as a property manager, there are several factors that need to be considered in regards to the property. As the manager, you are in charge of every aspect so having a checklist is essential to not forgetting anything that needs to be done. By providing quality service to the client, you will be able to build a successful career as a property manager. Property management service companies can be big business, in both the residential and commercial real estate industries. Learning how to be the most effective as a manager will ensure your success in… [Read More]

Hoarder Tenants: How Can Residential Property Managers Handle Them?

As a property manager, it is your job to handle the tenants of your client. Residential property management services provide the client with one-on-one customer service for every tenant. You will be in charge of rental payments, the maintenance and upkeep of the property as well as dealing with any client issues. When it comes to rental properties, a common occurrence is hoarding. When a tenant is a hoarder, it can mean that the property is under duress due to unsanitary living conditions, the home may be a fire hazard or at risk for damage. As the property manager, it… [Read More]

Common Reasons Why Tenants Don’t Renew Their Lease

Are you a residential property owner that has seen a high turnover rate when it comes to tenants? Have you found that good tenants do not stay at your property once their lease agreement expires? If you find that you are having a difficult time retaining tenants, then their might be a problem, most likely within your property management services. Every tenant is different, but all expect certain aspects when it comes to renting residential property. Most tenants will stick around unless something major takes place that has them wanting to find a new place to live. Below are the… [Read More]

Common Challenges of Property Managers in 2017

As a rental property manager, you will constantly face issues and challenges. For 2017, the real estate industry is booming which has created an ever-growing need for quality industry property management service as well as residential and commercial options. Property owners want someone in charge of their investments that will provide excellent service and help them to turn a profit. So what challenges should you expect as a rental property manager? Read on to see these common issues and what you can do to avoid them. Bookkeeping A big factor to being successful as a property manager is bookkeeping. Your… [Read More]

Apartment Repairs: Should my landlord compensate me?

When you become a renter, you soon learn that you must deal with the landlord on a regular basis in order to have the property cared for, make rental payments and to send in any complaints you may have about the property. As far as the landlord is concerned, there are certain repairs that they are responsible for and some aspects they are not. It is important to know the difference so you are not paying for something that you would otherwise be compensated for. Landlord Repairs Despite what may or may not be listed in the rental agreement, there… [Read More]

5 Ways to Add Value to your Rental Property

As a rental property owner, you know that to make a profit you have to offer a quality property at an affordable rental rate and the best customer service. On top of the basics, you can also take action and add value to your rental property in a variety of ways. Learn more about how you can take a small investment and upgrade your rental property for added value, which means more money in your pocket each month in rental income. New Appliances If you are a residential property owner or have a vacation home, consider upgrading the appliances. A… [Read More]

Attributes of a Good Residential Property Manager

When you decide to invest in real estate, it is essential that you hire a quality property manager. With such services in place, your tenants will receive personal assistance from a qualified expert who will take care of issues and complaints as well as handle daily needs such as rental payments and searching for new tenants. But how do you know that you have hired a good residential property manager? Below are three signs that your Residential property management in Waterloo is on the right track. Good Tenant Relations The main goal when using a property management company is for… [Read More]