Professional Services for Your Investment

One definition of a property manager is “someone who manages real estate for another person for compensation.” There are many duties involved, which include marketing the property, screening tenants, collecting rents, maintaining the property, handling tenant problems, and much more. On certain days, managing property can mimic a juggler keeping five or more balls constantly…

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Should You Let a Tenant Out of Their Lease?

Most property owners seek a valuable asset for their investment property – a long-term lease agreement with good tenants. A lease is a contractual arrangement calling for the lessee (tenant) to pay the lessor (owner) for use of an asset (property) for an agreed period. The perfect situation, of course, is a tenant who is…

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ADVERTISING – BEWARE

You may think advertising is a simple issue. Just put together a few descriptive words and place an ad in a newspaper, on a bulletin board, or on the Internet. However, advertising becomes complicated when it leads to a case for discrimination! Fair Housing Laws set the guidelines on what is unacceptable in advertising. Property…

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Why Home Warranties Are No Guarantee

Is a home warranty worth it? Historically, home warranty service companies have been one of the “worst graded” categories on Angie’s List. Members misunderstanding or disagreeing with what their warranties cover and the quality of repair work are cited in the majority of complaints.   After faithfully renewing his HMS National home warranty service contract for 11…

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Credit Reports are NOT Enough

Many people think tenant-screening means only obtaining a current credit report. This information is important in today’s rental market and they contain more details than ever before. There are continual changes to the Fair Credit Reporting Act, FCRA, because landlords, employers, and businesses consider credit ratings a valuable source. Then why is a credit report…

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