While many property owners find the aid of a resident manager satisfactory, you will need a higher level of assistance as your business grows. The decision to hire a property management company should include a routine cost-benefit analysis to determine if it is right for your individual situation. A first-rate property management...
Read More »Real estate investments are large financial commitments, often comprising a major portion of an investor's net worth. Those who are not inclined to personally manage property should consider outsourcing this task. Some investors find that while their strengths are in sourcing property, negotiations, or deal making, they are less interested in...
Read More »Many people believe they can get something for nothing. Their wealth creation strategy is to play the lottery every week. The rest of us with a bit more common sense understand that this is just entertainment. If you want something worthwhile in life, you have to work hard for it. If you want quality, you have to pay for it. Just because...
Read More »You've hired a property management company to lease the property, handle repairs, pay bills and deal with tenant issues, but your intuition is telling you something isn't quite right. The tell tale signs that you may have a problem: Slow or no response to your inquiries Improper accounting and crediting of revenue Property...
Read More »Many people find real estate investment to be a financially profitable endeavor. However, the skill sets (research, financial analysis, negotiation, etc.) required in the successful acquisition of rental property at a bargain price are often very different from those skills required to maintain and create value in an existing asset. Many...
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