Your property management business is growing, and your time is better spent showing properties and meeting with owners to expand your portfolio instead of sitting in the office. Your ability to do what needs to be done hinges on having an office staff to take care of the little things for you. Remember they are representing you to the public. Your brother-in-law’s cousin’s niece might work for peanuts, but if she’s unprofessional with tenants or owners on the phone, you will regret the nepotism.
Here are five key tips for hiring office staff: (more…)
From online correspondence with tenants and owners to in-person meetings with vendors and staff, streamlining communication will save you significant time and hassle as a property manager.
Use these four tips to support more effective communication for your property management business: (more…)
The property management business is littered with landmines. They can involve tenants, owners, neighbors, service people, housing authorities or a combination of these. And they can range from a bad online review to an expensive lawsuit. But keep an eye on these seven common problems to keep your troubles to a minimum. (more…)
The new year is an ideal time to examine your business, celebrate achievements and determine key areas to tackle in the year ahead. A great place to start is by reflecting on your rental property management business practices over the past year.
Here are four questions to ask yourself about 2016 as you establish goals for the new year. (more…)
It’s a new year, with new leaks to fix and new tenants to screen. How can you take your rental property management business to the next level? (more…)
Your rental portfolio is growing, and managing resident requests is getting more difficult. Maintenance at some of your properties needs extra attention, and renewals are just around the corner. There just doesn’t seem to be enough hours in the day for you. Just keeping up is leaving opportunities on the table.
It may be time to enlist the help of a property management company to handle the details.
When Benton Cotter of Arizona-based RentVest discusses technology, you can hear the excitement in his voice. “The experience of our prospects, tenants and owners has been completely transformed by technology,” he says. “Everything has gotten faster, easier and less frustrating, and it has happened very quickly.” (more…)
As a property manager, you balance a myriad of day to day tasks, from communicating with tenants and owners to managing important documents. To keep up with it all, you need to spend your time as effectively as possible and minimize tedious, time consuming activities. But is your technology inhibiting you from doing so?
Here are the top three dangers of managing your business without a cloud-based system.
Violence, hurricanes, fires, and burglary are only some of the disasters that could devastate your business. Are you prepared? (more…)