Why Hiring a Property Manager is a Good Move for First Time Rentals

Buying real estate to use for rental properties is always a good idea, especially when the market offers affordable purchasing power. However, if you are a first time investor, you must be careful. You can easily become overwhelmed by the rental process and lose sight as to what you should be doing to succeed. To start off on the right foot, it is essential that you hire a qualified property manager to handle the day to day operations for you. The property manager will help you see a return on your investment. Property Managers have experience To begin, property managers… [Read More]

The Changing Nature of Commercial Property Management

Technology continues to change the way we do business, even when it comes to property management. With new technology, property managers have the ability to use software to easily keep track of each property you own, knowing exactly when repairs are needed, maintenance checks and which properties are occupied or empty. With the use of software technology, gone are the days when property managers had to keep paperwork on hand and sort through files for information. And while technology has played a major role in helping managers stay more organized, it can come at a loss of face-to-face contact with… [Read More]

Key Benefits of Hiring a Rental Property Manager

When owning commercial or residential property for rental investment, it is most beneficial to hire a property management company. With a quality property management team at the helm, your investment properties will thrive. You will be able to provide top notch customer service to your tenants as well as see the upkeep of your properties continued on a regular basis. If you are still on the fence as to whether or not you should hire a management team, read on below to see a few key benefits. Handling of Tenants When you own rental property, you must work with tenants… [Read More]

Property Management: Easy Ways to Attract Tenants

When it comes to owning rental property, the goal is to have steady tenants. Whether you have a vacation home for rent, commercial or residential property, you need to find tenants who will stick around so you can earn a steady income. But how do you attract tenants to your properties? If you are just starting out with real estate investments, your budget is most likely limited. Read on to find out how you can attract tenants in Kitchener in an inexpensive way. Social Media One of the best ways to attract new tenants is via social media. If you… [Read More]

Avoid These Common Property Management Mistakes

When it comes to real estate property management, you want to have a team in place to take care of the day to day operations of your properties. Whether you have residential or commercial investments, with a property management team in place, you will be able to see your properties thrive while earning you a steady income. A management company has the know-how as well as experience to help you in any given situation, be it handling tenants or property maintenance. If you try to handle the management yourself, you may end up making a few mistakes. Below are a… [Read More]

Signs You Didn’t Hire the Best Property Manager

So you have hired a property manager to handle your commercial or residential property needs, congratulations! A property management team is just what you need to succeed. Did you do your due diligence and find the best property manager in your area? Property management services in Waterloo are important if you want your real estate investments to thrive. It is also important to stay in contact with your property manager and watch for signs or red flags. Below are three signs to look for when deciding if the company you hired is a good fit and is performing well. Tenant… [Read More]

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]