Search results forcommunication

Communication Part Two: Common Landlord Complaints Resolved

In contrast to the previous posting, I aim today not to end with a “to be continued”, but to leave you with conclusiveness. In this manner, I may reconcile you – the readers – in an effort to navigate through the perils of the relationship with your rent counterpart, as you inevitably must have – be you landlord or paying inhabitant. I will concede that it could be a...

Communication Part One: The Key to A Thriving Landlord-Tenant Relationship

Traveling through the world of rent, we at RentPost have acquired a deep understanding of the renters market from many different perspectives, including investment, interpersonal, professional, and even historical thanks to The Witt. Through our plight, we have uncovered a commonality, affecting all perspectives – communication. It marks the fine line that divides rent’s interpersonal...

Airbnb Nightmares

Thinking about converting that long-term rental into a short-term Airbnb?  Or even considering a new investment for this purpose?  You might want to think twice if everything on the other end of the pond is looking to be peaches and roses.  Because that’s far from the truth. In addition to the fact that short-term rentals are an entirely different business model, requiring constant cleaning...

Property Management Apps- Why Every PM Company Needs One in 2016

Property management apps are uprooting the way things are done in this industry. Just a few years ago, everything had to be done via laptop in the field (although you probably didn’t have internet,) or started with pen and paper and transferred to a computer later. The ability to always stay connected with apps is changing the game. You can do everything from the road now, giving you much...

Rental Property Management Software- Your Missing Link in Productivity

Rental property management software probably isn’t at the forefront of your mind when you have a small operation. You’re probably focusing on scaling up your business, keeping customers happy and training your staff. But as you grow, a great software program will become more and more important. When I was a project manager for the military, I’d essentially be in charge of...

Background Checks for Your Potential Tenants: Protecting Your Renters and Rental Property

Beware landlords unwilling to do background checks on tenants! Wolves in tenants clothing are desperately trying to infiltrate your properties to take advantage of you and your renters. Who landlords allow into their residential or commercial properties can have a profound affect on the kind of services they will ultimately provide, the overall satisfaction tenants will experience, and finally...

Managing Agents- How to Ensure Your Relationship with a Real Estate Agent is a Win-Win

Working with a real estate agent is something almost every home buyer and seller should do. But managing agents is a skill, because most of us aren’t used to having someone help with a major project (like a multi-hundred thousand real estate deal!) Here are a few things to keep in mind as the deal progresses. Most of this article is directed towards sellers, but buyers should take note as...

Homeowners Association Management

Homeowner’s association management can make or break a community. There’s a reason why some HOAs are known as strict, rule-driven Nazis while others are loved by the entire neighborhood! When you’re in charge of an HOA, or at least a member of the board, here are a few things to keep in mind to succeed: 1) Stay Balanced Homeowner associations fail when they tend to lean too much...

Home Rental Services

Home rental services are here to stay, as they provide extremely valuable services to both investors and renters. Usually offered by property management companies, there are several reasons why you should consider using them- no matter which side of the fence you’re on. Benefits for Renters When you’re renting a home, you may be living someplace previously occupied by the owner. If that’s the...

Property Management People – Qualities of Every Great PM

What does it take for property management people to be the best? In other words, what qualities should PMs strive to improve, and should landlords/investors look for? Here are a few of the most important. Communication Skills Property managers need to have people skills. They should be able to read what other people are thinking and how they’re feeling during a conversation. PMs should also be...

Essential Client Management Skills in Property Management

As a property manager, your clients are your first priority (albeit not your only one!). Keeping your clients happy and maintaining a great relationship will reap benefits for your property management business. Happy clients keep business coming, not to mention they build your reputation and can lead to excellent referrals and references. What are the essential client management skills you need...

Benefits of Online Property Management

If your property management business is getting more time consuming than ever, consider going online for your property management needs. Online property management is simpler than you think. There are many different software options out there and other services that are available for your convenience. What are some other ways you can transfer your property management services and needs online...

Easy and Efficient Reliable Property Management

If you manage your own property, chances are reliable property management is something that’s on your mind and takes up a considerable amount of your time. Hiring a property manager may be something you’re interested in so you don’t have to worry so much about your property, or maybe you’d like to stick with doing things yourself. Regardless of your situation, making reliable property management...

Make the Most of Your Condominium Management

Whether you’re looking for a condominium management company or already have one, your community most likely aims to make the most of the services you’re receiving or looking to receive. How can you make sure you’re making the most of your condominium management? There are a few things you should check out to ensure you’re getting the best service. Make Sure Your Manager Isn’t Overbooked Many...

Starting a Property Management Company? Some Things to Consider.

So you’re thinking about starting a property management company. You have the budget, tools, and resources you need. Maybe you’ve even decided to go into the business with a couple friends or business partners. Have you considered all the aspects of this here? Read on to find some things to consider before starting a property management company. Get Licensed!  When you begin to plan for your new...

How To Find A Great Property Manager

If you’re a real estate owner, you understand that rental property can be a rewarding investment. People will always need a place to stay, which means that your services will always be in demand. And as you maintain and improve your property, you can get some appreciation as well. You also know how difficult and time-consuming it can be. If you own a lot of units – or, for that...

Love Thy Neighbor: Why you need an online community for residents

I live in a funky old house subdivided into six apartment units and I’ve lived there for almost three years. I live in a college town, so the other units see a lot of turnover and every time I see a moving truck in the driveway, I sniff around outside waiting to meet my new neighbor. Many of these people are unaccustomed to an easy display of neighborly kindness, and look horrified from the...

Roommate Woes and Tenant Retention

When good roommates (and their food) go bad My first college roommate was a mess. Our relationship started off fine and we found a great two bedroom apartment about a mile off-campus. It was the first time either of us had lived on our own and we were lucky to have a great leasing agent and property manager to guide us through signing our lease. A few weeks after our move-in date, I realized my...

Keeping Your Property Management Clients

So, I’ve talked a little bit about tenant retention, but how do you keep your property management clients? Getting them means marketing and promotion- but keeping them is a different area entirely. First things first, it’s important that your staff is loyal, skilled, and able to handle the tasks they are given. There are many ways of going about making sure your team is at the top of...

Are Vacation Rentals Right For Your Company?

Industry experts say that many more Americans are opting for vacation rentals instead of hotels, and this is a trend that has continued to grow over the course of the last decade. In the past ten years, annual revenues for vacation rentals have hit around $26 billion and in the next few years, is projected to continue to rise. Vacation rentals are also much easier to manage than hotels, I’m...

Surviving the Turn: Can It Be Easier?

When I mentioned writing an article on Surviving The Turn, most people had visions along these lines: Or maybe even: Unless, of course, those people worked in property management. Surviving the Turn means something very different to most people than it does us, doesn’t it? Each and every year- whether you are a property manager, a landlord, or even a tenant, you have to deal with the end of...

5 Reasons Your Staff Meetings Are Ineffective

And what you can do about it. Whether you’re the peppy office leader or the dour sort of middle management type: you probably know that staff meetings are an important mode of communication that can be used to deliver important information, motivate your staff, and get everyone on the same page. Your staff, however, may see it very differently. They may see it as an awkward waste of their time...

Roof Maintenance: What You Need To Know

While a roof is one of the biggest protection features of any home, it is also one of the most neglected. Rooftops receive a constant amount of pressure from storms to extreme weather, weight of humans walking about from cleaning out gutters, and trees and branches falling on them. Lack of roof maintenance may be the cause of a worst case scenario down the road, which could mean a total roof...

Is It Hard For Your Tenants To Pay You?

One of the biggest complaints you’ll see out there about property management is that it can be hard to get people to pay rent when you ask for it. While reminders and the like can make it so your tenants don’t forget- have you ever thought about just being more accessible and making it easier for them to pay in the first place? Offering more than one way to pay is definitely a big boost to making...

Tenant Screening Tips

There’s an old rule of thumb out there when dealing with landlord-tenant interactions. That rule is the 80/20 rule and many of you out there are reading this nodding. You know what this means: it means that only about 20% of your tenants will give you about 80% of the hassles. Everyone else is awesome, but there’s always that small group that can really make everything a pain.

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