Property Manager Qualities – Extroverted
Another one reported to me that the garbage bin was filling up and he knew it was the family in the house next door to our apartments, dumping their garbage …
When to end a tenant’s lease
The other tenant tells you things this tenant is doing that sound shocking! So you confront this tenant …
Property Manager Qualities – Proactive
Is your PM someone who is chronically busy with many properties? Doesn’t respond when you ask what you should be investing in? Or are they hitting you up with ideas, …
Just closed? What’s first
… what you’re often buying with a neglected property is trashy grounds, cracked sidewalks, visually painful color schemes, poor or nonexistent signage, unsecured mailboxes open to the elements, and nothing at all attractive to the tenants you’ll be looking for.
How much do you keep in a reserve account, and what is it for
That gorgeous apartment building you’re buying, how is the roof? When will the HVAC units die? Did you put dollars away to be able to pay for it? And what else could fail?
Make Friends With Your Tenants?
Getting to know tenants is one of the most effective ways to head off the bad surprises. And walk-throughs are key to that.