Inspection Reports for Door Postings Once a tenant reaches an outstanding balance of >$2K, a red collection notice will be posted on the tenant's door. Upon doing this, our agent will check the condition of your home's exterior by filling out an inspection report....
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1. Never Forget a Paint Color AgainTry to use the exact paint color/brand used for every rental lease agreement. This way, you will always know what paint was used when the tenant moves out and the property needs touching up! Also never use flat for rentals or you will find yours...
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Why You Should Hire a Reliable Property Manager when you invest out of state
Buying and owning property is rarely easy or simple. When the property in question is in a distant location, the challenges multiply. Nevertheless, investing in out-of-state property might seem appealing if you live in an area where real estate is expensive. It might also be attr...
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5 Major Benefits Of Hiring An HOA Management Company
The benefits of hiring an HOA Management Company can range from improved access to community management experts to the availability of HOA systems already in place to serve your community. Working with an HOA management company benefits not just the community developmen...
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This past year has been a difficult one for landlords. As the COVID-19 crisis has impacted the entire country, landlords have dealt with a variety of issues including shifts in housing patterns, a federal moratorium on evictions, and a need for implementing new procedures and pro...
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How Do I Transfer Title of a Property From a Person to an LLC?
For owners of rental or investment real estate, it’s common to form a limited liability company (LLC) and transfer title to the property from the individual owner to the LLC.Transferring property to an LLC can limit your personal liability if someone is injured on the prope...
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We actually started offering virtual showing tour in early 2019, mainly as an option for high-end luxury rental homes in order to provide visual access to prospects who are limited on mobility and find it difficult to attend traditional in-person showings and where we had an oppo...
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The Cycles of Leasing- Yes it’s a Real Thing just like Most Business Cycles! Why your rental stays...
When is Peak Rental Season? Peak rental season is when there are more tenants looking for rental properties. This happens in the summer, specifically May to August.When is Trough Rental Season?Trough rental season is when there are less qualified tenants looking for re...
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1. Protection from liabilities.LLCs protect you from liability claims. Anything that’s a claim against a property—like, “Hey, I slipped and fell”—an LLC is an entity that can stand between you and that. The party will come after the LLC, not you pers...
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The best move a real estate investor can make is to not hire a bad property manager in the first place. Use these questions before hiring a new property manager and to routinely monitor the performance of your current manager.Key questions to askAsking these questions can help se...
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