Hello- I just had an electrician doing some work in my two family house. I am living in the second floor. My first tenant is moving in next week.The electrician noticed that the common area electric is on the tenants ...
With the recent increase in interest rates, real estate investors have had to make some shifts in their investment strategies. The recent uptick in interest rates might seem daunting for some real estate investors, ...
Good Morning BP,I have a wonderful tenant who has been with me for 8 months now and just reached out to me yesterday that she has to move May 1 as the rent is a littler higher than she would like to be paying ($625 + ...
Hello, everyone.
I recently purchased my first rental property last month. It is a duplex located on the west side of Columbus Ohio (Hilltop Area). There are tenants currently residing in both units, and while there ...
So you finally found the 'perfect' property!? Amazing..the challenge is that it's someone else's dream home or investment also..and for one reason or another, there are a lot of investors flush with cash! In fact, one...
Building Strong Relationships: The Key to Property Management Success
In property management, success isn’t just about managing properties—it’s about managing relationships. At the heart of effective property manag...
When dealing with financing institutions, you’ll find that prior to approving a loan, they carefully vet your investment plan to assess the risk involved with financing it. To do so, there are several industry-standar...
Effective financial management is absolutely crucial for achieving success in the competitive and dynamic rental property business. Property managers hold a key position in the process, as they are responsible for ens...
We currently have 11 units, excellent tenants and most of them are losing sources of income. As a proactive measure we reduced their rent by 50% for the month of April and will look at May in a few weeks. Is anyone el...
HI BP friends! I read in a recent article posted by @andrew Syrios titled 13 Proactive Ways to Increase Rent & Add Value to Your Rental Property. One of the strategies mentioned is to offer 2-3 choices to tenants...