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What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

When it comes to guaranteeing tenant happiness and reducing turnover, property managers play a crucial role by doing the following tasks: Thoroughly screening tenants, which includes conducting background checks, verifying income, rental history, and criminal history is a paramount step for professional property managers.

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How to Keep Great Tenants in Columbus: Your Retention Playbook

RL Property Management

Clear Lease Agreements: The Foundation for Tenant Retention in Columbus A well-crafted lease agreement is more than just a legal document. Maintenance responsibilities: Clarifying what the tenant is responsible for versus what the landlord or property manager will handle.

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The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

If a tenant makes a repair request and you don’t act on it right away, you will find yourself dealing with more significant problems down the line, including higher maintenance costs and potentially leaving your tenants dissatisfied and unlikely to renew their lease agreements. Make sure your lease agreement is clear and consistent.

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Rental Scams: What Property Managers Must Do To Prevent Listing Fraud

Property Management Inc.

For a property manager, fraud not only costs you time and money, it also damages your reputation, which can result in poor word of mouth that takes a bite out of your revenue later on, even years down the line. Professional property managers will upload clear, informative, and thoroughly proofread listings.

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The Student Market: Tailoring Your Berkeley Rental Properties

California Pacific Realty

Flexibility : Academic calendars dictate schedules, and so accommodating different types of lease lengths can be a significant advantage. Offer nine-month lease agreements or provide something that allows your tenants to exit the lease early if they don’t stick around for a summer session.

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What are Typical Commercial Property Management Fees?

Esquire Property Management Group

Managing commercial properties involves various responsibilities, from handling tenant issues to maintaining the building, solving challenges, being creative, marketing, etc. Many commercial property owners choose to hire a professional property management company to handle these tasks.

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What You Should Consider When Creating a Rent Increase Notice Letter

Young Management

Typically, landlords are required to give tenants a 30 to 60-day advance notice of a rent increase, which can vary based on the state laws and the specifics of the lease agreement. Sending the Notice Have the notice reviewed by an attorney to ensure legal compliance. This holds true for all forms of rental contracts.