Real Estate Industry Blog » Property Management

Why Is the Number of Renters Increasing?

John E. Miller — Wed, 14 Dec 2011 14:34:21 +0000

ForeclosureDeals.com recently released an infographic that compares rental prices and home prices over the last three years. According to the data contained in this infographic, home prices have gone down by 46%, while rental rates have gone up by 60%. This trend brings to light one of modern society’s most common debates regarding housing is this: Should [...]

Should I allow pets in my Rental?

AndrewPayne — Fri, 09 Dec 2011 05:22:26 +0000

Allowing pets in your rental unit is a risk that many property managers in Louisville are hesitant to take. They have the potential of being quite destructive – soiling carpets, chewing various surfaces, scratching doors or walls, and digging. While this risk is definitely present, allowing pets also presents a new revenue stream that can make a [...]

The True Value of a Property Management Company

AndrewPayne — Fri, 25 Nov 2011 00:51:10 +0000

For a property owner to do business with a property management service, they must feel that their 8-10% management fee is valid and deserved. When you take a call from a prospective client, you must sell yourself based what you truly offer. This article covers some key areas to explain when discussing your companies role [...]

Rentals, property management, are quickly becoming the new home sale.

Robert Worthington — Wed, 23 Nov 2011 20:47:07 +0000

Our business model lately has had great success with rentals and property management. Rentals have many advantages, so don’t ignore them. A savvy company might even start out newer agents in their rental department. The great news about rentals is, everybody wants and/or needs one because of their current situation. Also rentals are fast cash [...]

Setting Your Rental Property Rate

AndrewPayne — Wed, 16 Nov 2011 18:29:56 +0000

Whether you’re listing a property for the first time or the tenth, it’s important to confirm that your pricing is market competitive. Setting a proper rental rate ensures that you’ll attract plenty of customers to the listing, while also being able to maintain a high standard of tenant screening. In my property management company, we [...]

SEPTEMBER 2011 OAHU REAL ESTATE REPORT

Prudential Locations — Fri, 30 Sep 2011 21:23:00 +0000

August was a busy month in real estate with sales significantly up in both single family home and condominium markets. Single family home sales hit their highest level this year, up 20% to 272 units from August 2010. Condo sales were strong, up 15% to 334 units for the same period last year. The combination [...]

Keeping Good Tenants Good

Brian Davis — Fri, 09 Sep 2011 22:44:36 +0000

Maybe you’re the lucky landlord that has the perfect tenant renting from you. How long will they remain perfect? Will they continue to go take immaculate care of the property, pay rent on time, and go beyond the call of duty as set in the rental contract; or will their attitudes begin to wane as [...]

Why Turning Foreclosures into Rentals Makes Sense

John E. Miller — Fri, 12 Aug 2011 17:52:11 +0000

The news that the federal government is strongly considering a plan to turn over 250,000 foreclosed homes into rental properties has led many in the real estate industry to ponder the implications and possible benefits of the move. Under the plan, the federal government would either sell foreclosures in bulk to investors (with a guarantee [...]

How to Find a Celebrity Home for Sale

John E. Miller — Tue, 02 Aug 2011 15:35:50 +0000

Finding the right homes in the real estate market today to purchase is not the most difficult of tasks. The over-abundance of supply – including foreclosures as well as traditional homes for sale – gives prospective buyers a wealth of options. The lower home prices certainly don’t hurt matters, either. Some of the best targets [...]

How Critical Thinking Skills Improve Business

Dotloop.com — Wed, 20 Jul 2011 14:29:40 +0000

Posted by: DotLoop, Where Deals Get Done™ Stay on the ball, focus on the goal at hand and keep your head in the game. How often have we all heard these sayings? Meant to emphasize the importance of concentrating on one task, they’re often applied to the business world. The more focus you can put [...]