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In recent years, the demand for student accommodation near the universities has become very high, even requiring expansions of space that are exclusively for its own. For this reason, many so-called specialist companies have established large-scale student accommodation areas in many cities and towns. Though this concept has evolved probably more than two decades already,…

There are many cases in which tenants do not stay long enough at the property because they don’t feel good living there anymore. Usually, it happens to a rental property that is not being maintained well by the owner or the manager. Most of these business owners do not consider maintenance as a vital task…

If we want to talk about maintenance for a rental property, experts say we must first begin talking about tenant selection and management. According to them, through the screening process, the landlord can choose the responsible tenants who are more likely to take care of their rented unit. Tenant screening enables the landlord to have…

If you value your tenants and you want to maintain the trust between you and them, as a landlord you should put everything in balance. Running a rental property is not easy. Of course, as an owner, you want all the rules to be strictly followed yet you also know that most of the time,…

Usually, tenants pay for a unit that suits their preference; the exact quality they are looking for and their preferred size for the spaces in the living room, or the bedrooms, bathroom, kitchen, guest room, storage room, etc. These are the basic parts a tenant often talks about first. If they don’t like a particular…

As a certified property management company, the right ones must be well-informed on so many important issues related to the industry. More importantly, they have to be efficient in processing numerous transactions all at the same time. This is a typical workforce at every rental management company. This is because property managers have to do…

As a property owner of a rental business, of course, you want your business administration to be efficient. The question is: do you have enough resources to manage it well and get the best tenants? Do you have the right skills for handling specific aspects that composed the whole management system of the business? Lastly,…

A landlord cannot discriminate against potential renters. For example, he cannot prevent a person from renting based on his sexual preference, religious affiliation, race, national origin, familial status, or disability. These are all written in the Fair Housing Act. As a business owner, you should find ways to assert your rights without violating any of…

Managing rental property on your own can be a tough project. It requires a lot of skills, creativity, patience, time, money, and most importantly, consistency. The reason for this is because aside from financial, legal, and administrative works, you have to take care of the tenants’ complaints and maintenance issues on a monthly, if not…

To make your business resilient against the troubles of liability issues, it is important that you maximize the advantage of having a property manager; meaning to get assistance from the company’s lawyer, use everything you see as a potential tool, and set up the insurance to lessen your possible liabilities. All of these processes are…