Posts Tagged ‘owners’
STRATEGIES TO RETAIN A GOOD TENANT
Once you’ve found great tenants, retaining them is the key to earning a maximum profit as a landlord. Vacancies drain profits quickly, from the rental loss, advertising, to the repairs and cleaning. If losing hundreds to thousands of dollars is not part of your financial plan it may be good to consider some tactics to…
Read MoreSPRING CLEANING FOR LANDLORDS & TENANTS
Springtime is here and it’s time to open the windows and clear the mustiness of winter. For landlords, it’s time not only for vital spring maintenance, but it’s important to tend to the external landscaping of the property. For tenants, now is an excellent time to deep clean your space, change HVAC filters, and ensure…
Read MoreService Animals & Emotional Support Animals: What Landlords Need to Know
There is a lot of confusion surrounding service animals, emotional support animals, and housing regulations. We’re here to explain how these support animals affect your rental property. When screening applicants for your rental property, you may run across one who notes they have an assistance animal. Whether it’s an emotional support animal or service animal,…
Read More6 SIGNS IT’S TIME TO SWITCH PROPERTY MANAGERS – AND HOW TO DO IT
When you hired a property manager to handle your rental property, you likely assumed that they would free up your time and energy. After all, that’s what many property management companies advertise! They take on the stress of being a landlord so you don’t have to. However, not all property management companies can fulfill this…
Read MoreRENTAL PROPERTY REPAIRS: LANDLORD VS. TENANT RESPONSIBILITIES
Landlord VS. Tenants Responsibilities
Read MoreA LANDLORD’S GUIDE TO BUDGETING RENTAL EXPENSES
When managing a rental property, creating a list of all your potential property expenses — be it immediate, ongoing, or future — is a must. By taking a proactive approach to accounting for all associated costs, you’ll be well-prepared to address unexpected financial challenges and emergencies. If you budget rental expenses accurately, you’ll also be…
Read MoreWHAT DO OWNERS LOOK FOR IN A PROPERTY MANAGER?
Hiring a property manager is a major decision in your investment journey, and one that should not be taken lightly. After all, the manager you end up choosing will be responsible for one of your most valuable assets and will play a vital role in the success of your investment. With the right manager, you…
Read More5 Benefits of working with OUR Management Company!
1. LIABILITY MITIGATION An often overlooked advantage of third-party property management is the protection it offers against potential liability issues. Seasoned property managers can shield inexperienced investors from false accusations regarding rent collection, eviction procedures, or maintenance negligence. Property managers generally have the experience, legal understanding, and documentation to navigate complex liability and legal situations…
Read More3 Things your PM needs to be REALLY good at!
Number One: Finding Quality Tenants One of the biggest challenges property managers face is finding quality tenants to live in the rental home. You want tenants that pay their rent on time and take care of the property, but finding those people is no easy task. Number Two: Communication and Relationships The most important aspect…
Read MoreWho is Red Heart Property Management?
We have been in the property management business for 14 years and have seen a lot of very interesting situations managing properties. It shows how we pride ourselves in handling the hard situations in a professional manner. Helping owners feel confident when they hire us that we will take care of their property in a…
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