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Property Management Insights

How to create consistency in the property management training process

by Kristan Pennington Kristan Pennington on December 27, 2017 09:24:06PM

I'm sure you'd agree that having consistency throughout the property management training process is tough when everyone seems to have their own "best way of training”.

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Rental Property Repairs and Contractor Pricing

by Steve Hembree Steve Hembree on November 25, 2017 12:43:28AM

There are so many moving parts to managing a property. With over 3,300 items that make up a home, it is certainly a challenge to keep track of all of it. Now add to that contractor pricing in regard to rental repairs. Yikes! All the horror stories out there with contractors starting work but not completing it, or running off with funds, or doing sub-standard work, this can be a daunting challenge, one which we have, happily, addressed.

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Top 6 Mistakes Made in Property Management

by Kristan Pennington Kristan Pennington on November 16, 2017 06:14:35PM

Does this describe you? You just received your Property manager certification and now you are ready to start a property management business. You have all the book knowledge you need to be successful, right?

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Top 25 Items in a Property Management Agreement You Need to Know

by Cara Hopsiter Cara Hopsiter on October 20, 2017 04:09:55PM

Whether you are just getting started in property management or have been in the industry for years, having a substantial property management agreement in place is essential. You don’t want to find yourself in court, standing before a judge while he rules in favor of the landlord, slaps you with a huge fine, or shuts down your company altogether.

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7 Steps to Hiring Subcontractors for Property Management

by Ron Sudman Ron Sudman on October 13, 2017 06:19:52PM

There is nothing like sitting down at your desk with a cup of coffee to get your mind in the place to take on whatever the day has in store for you. That’s when you notice that blinking red light on your phone…you have a voicemail waiting for you.

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Top 18 Items to Include in a Lease Agreement

by Cara Hopsiter Cara Hopsiter on September 22, 2017 08:40:56PM

You just signed your first management agreement, now begins the task of finding a resident for the property, and they will need to sign a lease agreement. That’s when it dawns on you; you need a lease agreement for them to sign. Where can you find a lease agreement? What should you include in the agreement?

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Software and Systems for Residential Property Management: A cost breakdown

by Ron Sudman Ron Sudman on August 17, 2017 12:01:00PM

Every day people ask me, “How much should I budget for residential property management software/systems? “and that is just too broad of a question.  A Fiat isn’t going to cost you much….. but that Tesla is going to be a touch more expensive.

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Property Management Franchise vs Property Management License

by Steve Hembree Steve Hembree on August 3, 2017 09:38:13PM

Most property managers “fall” into property management. You start out by managing a few properties for a client, family member or friend, then word spreads, and before you know it you are managing 25-100 properties.

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