When it comes to property maintenance, as an owner, you have two main responsibilities. The first is to provide a safe place for your tenant to live at all times. And the second, which is an offshoot of the first, is to take care of any problems with your property in a reasonable amount of time …
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Why You Should Hire a Busy Property Manager
There are so many good reasons to hire a property manager.They find the best tenants, manage all the maintenance and repair issues, collect rent, give your property credibility...Basically, their job is to make your life easier. And who doesn’t want that?When you’re getting ready to …
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The 5 Biggest Lessons We’ve Learned While Growing LEAP
I started LEAP in February of 2012 with $7,000 in my account (on loan from my father). My first office space was in a spare room at a nearby church that was nice enough to give me their wifi password — since I clearly couldn’t afford luxuries like wireless internet on my own.I started with a single …
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The Complete Guide to Property Management Fees (What’s Reasonable and What’s a Rip-Off)
One of the biggest challenges that property owners face when hiring a property management company is deciphering their property management fees.What’s the fair cost of property management? How much should property management cost? How do property managers charge — and how do you know when you’re …
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Rental Property Accounting: 9 Tips to Keep Your Finances in Order (and the Tax Man Happy)
As a real estate investor, there are a lot of things you need to stay on top of to ensure the success (and profitability) of your investments; you need to keep your properties well maintained, you need to find responsible and trustworthy tenants, and you need to hire the right property management …
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11 Hidden Costs of Hiring a Property Manager
Some of our clients start off a little hesitant. They don’t quite know why to hire a property manager, and they figure some problems will come up that we’re not telling them about. In case you're having similar concerns, we’ve put together the top 11 disadvantages to hiring a property manager. …
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You Purchased a Tenant-Occupied Investment Property – Now What?
So, you just bought a tenant-occupied property – congrats! But now the excitement's over and it’s time to get to work.First Steps After Buying A Tenant-Occupied HouseYour first steps when managing a tenant-occupied property affect your overall success. Here’s what you need to do to get off on the …
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How Property Management Works (and What We Do for You)
To put it simply: If you have a rental (or are thinking about buying one), a property manager makes your life easier. They find quality tenants, handle problems, and give your property credibility for tenants who want great housing.Who wouldn’t want those perks?But if you’ve never used a property …
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4 Important Reasons You Should Leave Tenant Screening to The Pros
Of everything you do in the process of filling your properties, tenant screening is arguably the most important part.Properly screening tenants will ensure that you get responsible people in your units: people who are likely to care for your property, follow the rules outlined in your lease, and …
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3 Simple & Effective Ways To Advertise Your Rental Property
You’ve own a property. You’re ready to rent. All you need now is a tenant.And if you advertise your rental property right, the tenants will find you.Can it really be that easy? Well, with the resources of a good property manager and some basic tips, getting traction among tenants might be less …
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