16 07, 2018

Should You Manage Your Own Investment Properties?

2024-06-17T12:45:20-04:00July 16th, 2018|Categories: Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Tenants|Tags: , , , |

When you own an investment property, you have a big decision to make. Should you manage your own property or hire a property manager? Ultimately that decision will depend on a number of factors. Is it even feasible? Managing Your Own Investment Properties Property managers have several responsibilities. Here are the basic services offered by property managers that would become your responsibility if you manage your own investment properties: Respond to emergency and repair calls from tenants. (Remember, this could mean a call while you're sleeping or in another meeting.) Co-ordinate repairman visits. Finding tenants to place in your rental

14 11, 2016

How to Deal With Late Rent During the Holidays

2016-11-14T10:00:16-05:00November 14th, 2016|Categories: Commercial, Investing, Investment, Investment Properties, Investments, Real Estate, Tenants|Tags: , , , , , , , , |

While everyone is scrambling to get their festivities organized and shopping done, unfortunately, it's too common for rent payments to be put on the back burner. Landlords are faced with this problem each year, and if it's happened to you, you know that it's a tough decision (you know, whether  or not to be a Scrooge). Keeping a Professional Distance From Your Tenants If you're a landlord, you know that maintaining a professional relationship and not becoming involved in your tenant’s financial woes is a necessity. No one enjoys evicting a tenant—especially during the holiday season—but you should remember that this is

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