Entries by abacus

How to Limit Maintenance Costs in Your Rental Property – Landlord Education

Repair costs are always going to be a factor when you own rental property, but there are things you can do to keep those maintenance expenses low. Remember that investing in your property’s condition is not a bad thing. While no one likes to spend money, protecting your property and preserving your asset is important in being a successful investor.

How to Effectively Communicate in Your ASSOCIATION Community – Property Management

When you are part of an ASSOCIATION community, it’s critical for management and leadership to be able to communicate effectively with the entire membership. Good communication will foster positive, respectful relationships and increase the amount of trust and value that ASSOCIATION members place in their leadership and board. There are several ways to improve your communication strategies.

Tenant Screening: What Every Landlord Needs to Know

The type of tenant you put in your rental property will have a major impact on your success as an investor. If you take the time to do a thorough tenant screening, you’ll get a responsible tenant who has a record of paying rent on time and taking care of the homes they rent. If you ignore proper screening techniques, or you skip it entirely, you don’t really know who you’re getting. You’ll set yourself […]

How to Keep Association Community Funds Secure – Property Management Advice

Financial oversight and management are two of the most important duties of an ASSOCIATION board or property manager. To keep your community funds secure, you need to have consistent control practices and policies in place, and they need to be enforced. There are a few specific things you can do to ensure your funds are safe and managed well.