Five Considerations of Hiring Property Managers
1. Management Fee
The property owner needs to understand the purpose of the management fee (typically 10%). The percentage management fee pays for the property manager’s time. The 10% allows someone else to help shoulder the burden of owning the property. The owner is paying for someone else to field 2:00 am calls. It is important to remember that the property Continue Reading
You have probably heard the buzz words “buy-to-let” recently. So many people are deciding to try their hand at renting property as an investment.
The problem is that most of them don’t know how to go about this the right way.
Times have changed and investors need to learn new strategies to experience success. The good news is that I’m going to let you in on an important secret. You can use th Continue Reading
Over the last few years, the trend of investing in land has taken a great leap forward. As a result, property values have soared through the roof high and are still ascending. And the popularity of property development is also increasing because of the anticipated return on investment.
In fact, returns on property development are considered more promising as compared to those of the stock market. Hence, when propert Continue Reading
In the eBook The Property Management Start-Up Guide How to Start a Property Management Business and Still Keep Your Life we have identified several systems that once implemented, will drastically reduce the time and headaches of property management. Here are a couple systems that will help you keep your life while owning a property management company.
Rental Unit Key ManagementContinue Reading
Have you thought about investing in property instead of investing in the stock market? This is a change that a lot of people are making, some to put their money into things they see to be a bit more stable while others are just looking to diversify their investment portfolios. Choosing your investment property is probably one of the most difficult things you will ever do because there is a lot at stake. Nothing is certain Continue Reading
