Basics of Property Management: Screening Potential Tenants
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5 Reason To Consider A Senior Living Apartment Complex
Are you reaching the age where you are having problems living on your own, and you're not sure what your alternatives are? If so, know that a senior living apartment complex can be a great choice for you. Here are a few of the benefits that they can provide that you may not have thought of. They Are Cost-Effective It's important to look at the total cost of a senior apartment when compared to what it costs to live in your current single-family home.
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Questions To Ask A Property Manager When Moving From Out Of State
If you're moving from out of state, there are plenty of things you may have in mind when apartment hunting. When you have the opportunity to speak to a property manager before signing a lease, you'll have the time to ask plenty of questions. Instead of feeling misled with an apartment once you've moved in, you can ask the following questions to clear up any confusion about an apartment building or unit.
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Too Busy To Manage? Hire A Property Manager For Your Rental Property
After owning and managing a rental property for years, you may no longer want the responsibilities. Selling the place is an easy solution. But another option to consider is hiring a property management company. A manager can handle managerial duties, and tax preparation services can handle your taxes, including parts related to the rental. Learning about all the benefits of hiring a property manager can help you decide whether you want to go this route or sell the place after all.
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3 Ways Commercial Real Estate Is Different From Residential Real Estate
Comparing commercial real estate to residential real estate is like comparing apples to oranges. They are both fruit, but that's where the similarities end. Buying commercial realty requires working with a real estate agent with a completely different license and skill set. Here are three more key ways the real estate types are different. Valuation Residential real estate is all about location, location, location. Commercial real estate, however, plays by a different set of rules.
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Keys To Using Real Estate Listings As A Seller
If you're looking to sell your home, you need to market it as best you can so that buyers become aware of it being up for sale. One tactic that helps with this is using real estate listings. As long as you use them in the following ways, selling real estate will be much simpler. Focus on High-Quality SEO You may include a compelling description and high-quality pictures on your home's listing, but you still need to make sure this listing is easy to find when buyers search for homes for sale in a particular area.
For the last several years, I've used a property management firm to help with my rental properties. One of the tasks that they handle for me is screening applicants who would like to move into one of my vacant units. Their expertise has helped me lower my tenant turnover and find people who want to stay with me for years. Part of the process is a tenant screening credit check. Before any further contact takes place, my manager orders credit reports from at least two agencies. That is enough to tell us if an applicant is a good financial risk. Assuming the references work out, I meet the candidate and make the final decision. If you own rental properties, let me tell you more about the benefits of having a property manager. I'm betting you'll find this type of arrangement will work for you too.