Property Management Fees All Landlords ask this question frequently: "how much does property management cost?" It's a necessary question of course since they must purchase services and be within their property management budget. The average revenue for a property management company’s revenue is about 20% profit according to studies. On a total fee of your…
Manage Your Property Management Costs Rising costs are a growing concern for landlords and property managers this year as inflation eats more of their profit margin. If you haven't managed the cost side of your balance sheet, then this short term pressure is actually a blessing. Now you'll finally be making efforts to streamline, reduce…
Best Software for Community Association Managers Community associations are the up and coming segment of property management. The number of professionals on Linkedin who are involved in community association management has increased strongly in recent years. One reason is a growth in housing, rental housing and developments. Municipalities however are downloading the cost of maintenance…
Spring Property Maintenance Checklist Spring of 2023 is not far off! Maintenance staff are readying themselves for their spring schedule of fixes and repairs to keep assets in top condition. Owners feel good when their properties look good, serve tenants well and their property values are protected. Spring is a special part of your complete…
7 Step Process to Choosing Good Tenants Smart, experienced landlords might agree that tenant quality is the lifeblood of their business. Effective tenant selection is a key to great tenant management and a profitable business. Developing your own system for acquiring the best tenant candidates and screening them for suitability is important. Of course, you…
Best Cities in California to Buy Rental Investment Property? Looking for an investment condo or house to rent in the Golden State? A lot of people still are. The California housing market is coming back slowly. Home prices are rising and rents are still on the rise in some cities. Interest in investing in revenue…
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