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TWiRP – January 14, 2017

Year of the Renter With more vacancies due to renters being unwilling or even unable to pay higher amounts of money, property owners are scrambling to find ways to attract new tenants while keeping their current tenants hooked in. That’s why they’re calling this “the year of the renter.” Do you agree? 10 Hottest Housing Markets for 2017 Looking to invest in real estate...

TWiRP – January 7, 2017

Opinions On This Year’s Market Head-to-Head Some believe 2017 will mimic 2016’s slower patterns, while others aren’t so optimistic. What are your thoughts? Millennials’ Domination of the Market Expanding Once again, millennials seem to be dominating the market, but not just in rentals. The myth that millennials only want to rent is being disproved as we see them now...

TWiRP – December 31, 2016

A Growing Number of Millennials Are Entering the Housing Market Studies show that millennials (people ages 18-35) are making up an increasing share of the home buying market, particularly in suburban areas. A survey shows that 65% of the respondents are renting because of cost and financial circumstances. However, more of these millennials are starting families. Although 65% of this group is...

6 Useful Property Management Websites to Learn More About the Industry

The team wanted to share a few useful property management websites with a lot of great information on the industry. They have everything from certifications and education to local events and news. Whether you’re new to property management or you’ve been in the field for a while and just want to learn more, these sites will help. Property Management Website #1: Property Management...

Looking for Rental Management Companies? Keep These Things in Mind

Let’s face it- there are a lot of rental management companies out there. Some are just 1-2 people deep, while the larger companies have hundreds of employees. Trying to decide which one to hire can be frustrating. There are tons of things to consider, from cost and experience to location and certifications. This is especially true if you’ve never hired one before and are hesitant...

TWiRP – October 29, 2016

Cannabis starting to affect Real Estate Market The first-ever cannabis REIT filed to go public last week and is in talks to acquire its first property in New York state for $30 million.  As the appetite for cannabis grows, so can the profits for the REIT, which will collect rent as well as benefit from increasing property values. Cannabis has already dramatically boosted the warehouse business in...

TWiRP – October 22, 2016

Higher rates don’t mean the death of housing Concerns about the impact of what’s expected to be higher Federal Reserve interest rates on the property market are overblown, Jonathan Gray, global head of real estate at Blackstone, told CNBC on Tuesday. “We’re later in the cycle, but some people are getting a bit too negative,” said Gray, who manages $103 billion of...

TWiRP – October 15, 2016

How Grandma can help the housing crunch If your community’s zoning keeps people from carving little apartments out of existing homes, it doesn’t just add to some abstract housing shortage. It also oppresses Grandma — and lots of other would-be renters. Accessory apartments aren’t some fad that arose last week at a new-urbanism conference. They’re part of a long tradition of modest apartments and...

TWiRP – October 8, 2016

Future-Proofing Your Property with Technology The concept know as “future-proofing” is getting a lot of attention from property manager’s throughout the United States.  For those who are unfamiliar with the concept of future-proofing, its I hope this article will help explain it further. If you enjoy or strive to create an ambient environment for future tenants I would strongly...

List of Property Management Companies- These 4 Each Manage Over 100,000 Units!

Even though some companies specialize in single-family homes, this list of property management companies is for those that work with apartments. It makes sense that the largest primarily manage apartments, because of the ability to scale that single-family homes just don’t afford. The largest apartment management companies manage over 400,000 units! Could you imagine taking care of that...

How to Set Rent Prices for Your Rental Property

For any new property owner preparing to lease out their property has to decide, “How am I going to set my rent prices?” This decision will naturally have many variables involved, but knowing how to set rent prices is critical to your success as a landlord. Some of these variables will be more impactful than others. The factors that will determine your rent prices are location, amenities, square...

How To Hire a Roofer : A Landlord’s Guide To Hiring Contractors

Hiring contractors is one of the many tasks assigned to landlords or property managers. These contractors can be plumbers, electricians, carpet cleaners, or roofers. Each one of these contractor’s professions provides a vital service that contributes to the proper management and maintenance of your property investments. As you know these contractors are needed, but more importantly, you need to...

Property Management for Rentals : Commercial & Residential

Property management for rental properties can be a complicated and daunting task, if you allow it to be so. Organization and optimization are the keys to successfully managing your rental properties. Rental properties can be divided into commercial properties and residential properties respectfully. Commercial properties Commercial properties, as its name implies, are leased out to business...

Questions to Ask a Property Manager: What You Need to Know Before You Sign that Lease!

Property managers are used to act as a gatekeeper for a particular property or group of properties. A property manager is often hired when the landlord chooses not to manage their own properties due to a variety of reasons. When a potential tenant inquires about renting a property, chances are they will be dealing with the property manager instead of a landlord. This means that any questions they...

How to Get Started with Using Real Estate Management Software in Your Business

Whether you’ve been using traditional pen-and-paper or you’re already used to using real estate management software, moving to something new can be daunting. You want to do it as quickly as possible to get your money’s worth, but you don’t want to risk the interruption of current operations or the loss of important data. Fortunately, there are a few things you can do to...

Should Tenants be Responsible for Yard Maintenance: Why or Why Not?

When owning and operating rental properties, there are numerous tasks and responsibilities that fall on the landlord or tenants, respectively. Sometimes landlords and tenants have different opinions on how these responsibilities should be allocated. One task in particular is the ever-loathed yard maintenance. I can already feel the unforgiving sun on my back and mosquitoes pestering me into...

The Best Rental Properties for New Investors: Starting At The Bottom of Your Real-Estate Ladder

Entering the real-estate market for the first time takes a considerable amount of courage and ambition. But diving headfirst into unknown waters is never a great idea. Any investment, especially into property, is going to carry some risk; however, that courage and ambition will be your guiding light that leads you to informed decisions. Before you take your first steps you need to ask yourself or...

Real Estate Valuation Software- Does it Make Sense for You?

There’s a lot of debate on whether or not real estate valuation software actually makes sense. Data analysts will argue all day that if they can get good data, they can give you a good valuation. Veterans of the industry will tell you there’s more to it though. How can you put a value on curb appeal, a great back yard or a railroad track 50 yards away? Something else to consider is...

Developing Property that is Environmentally Threatened: Property Management for the Extremes

As society lays stake to more and more land and continues to develop it for residential and commercial space, the availability of environmentally “safe” land becomes scarce. Sometimes high demand land and property exist in a region that is prone to natural disasters. For better or worse, this land gets developed anyway, but not without the consultation of property managment and  enviornmental...

Property Maintenance Services: The Maintenance Experts You Need on Speed Dial

Owning and managing your own property can be a highly rewarding feat to accomplish in your lifetime. However, this feat is not a task for the feint hearted to attempt. Maintaining your properties can often be time consuming, overwhelming, and even costly if the proper precautions aren’t taken within a timely manner. Whether your property is used for residential or commercial purposes, the routine...

Management Agents Working on Your Behalf: Ensuring Logical Steps are Taken for Your Property Management

You’ve decided that in order to properly manage your college housing project, you are going to need property management software to keep up with the hundreds of students moving in and out of your housing units. There are just too many apartments, the students have a plethora of needs which can be overwhelming to handle on your own, and to make matters worse all of your data is stored in paper...

Property Management Franchise- Is the Investment Really Worth it?

One of the best ways to build a successful career in this industry is with a property management franchise. Even though it won’t give you complete autonomy, many will argue that the benefits outweigh the cons. Here are a few of both, and we’ll leave it up to you to decide. Pros of a Property Management Franchise Brand Name- Companies like McDonalds are still around because they allow customers to...

Property Management Forms: The Paperwork that Reads to Your Success

Properly managing your properties is the only way to ensure your investments into the real-estate market will be profitable. While there are hundreds of variables involved with the adequate management of real-estate properties, one of the most cumbersome yet vital aspects is the paperwork: property management forms, to be exact. Thankfully, due to modern technology, the trees can breathe a sigh...

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...

Property Manager

The Advantages of Using Property Manager Software Owning rental properties is unbelievably rewarding. Real estate is just one of the few markets in which you can have total control of your working lifestyle. Currently, the markets are primed for you to take advantage of unprecedented real estate potential. But with great opportunity comes even greater responsibility. Your responsibility is to...

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