Property managers should always require a refundable security deposit in
residential property management properties. This deposit should be kept in
a separate account for trust or escrow funds and will be returned to the
tenant in part or in full once the tenant has moved out....
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Having the right tenants in your commercial or residential
rental property can make all the difference in the world.
Even a single uncooperative tenants can create situations
that can cost you dozens of hours and thousands of dollars
to handle. The most important thing you ca...
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Owning a rental property can be an excellent source of passive
income for the property owner. However, if you try to manage your
own rental property, you might find yourself struggling to make
all the important decisions that go into marketing and managing
a rental property. ...
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Why Conduct Regular Inspections of Your Rental Properties
If we didn’t trust our tenants, we probably wouldn’t rent to them,
but when it comes to your properties and the protection of their value,
here are 3 reasons as to why it is a good idea to conduct regular
inspections of your rental properties. First, to confirm that no ill...
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Purchasing rental property in NM is a smart investment and can be a significant source of residual income for property owners. However, property management
can be an enormous undertaking that requires a great deal of time and effort.
Property management involves the process of f...
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A lot of work goes into preparing a property for the dangers
presented by even mild winters. Adequately winterizing a property
means taking precautions to protect the pipes and plumbing systems,
reinforcing windows to save energy costs, inspecting roof integrity
and drainage,...
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During these cold winter months it is important for property managers to
winterize rental properties. Taking these simple steps will help prevent
common weather related damages to rental properties. Spending money on
preventative measures will always pay off when major costly ...
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