The answer may seem pretty easy to figure out. However, many landlords base their rental amount on bad assumptions and realize after losing hundreds, sometimes thousands, of dollars they have not valued their unit properly. In this blog, I want to point out some of the most common assumptions that are wrong and costly. I’m… Read more »
Monthly Archives: February 2015
I just want to SCREAM!
Over the past few days I’ve briefly touched what certain qualities and character traits to look for when selecting a property management firm or a property manager. This blog will touch on a real life experience of an owner who believes his property manager has failed to live up to his contractual obligation and he has asked… Read more »
Before you hand over the KEYS!
Congratulation you are now a landlord, whether by choice or circumstance, you are now responsible for renting, managing and maintaining your investment. There’s just one problem: you don’t want to deal with being a landlord. You are now considering a property management company to deal with all of your landlord duties. Before you jump in… Read more »
Our Relationship is OVER!
The story goes something like this… a new landlord hires a property manager. The property manager claims to be legit, finds good tenants, claims tenants aren’t paying the rent, maintenace requests not completed and then it goes down hill from there. Earlier this month I wrote a blog about a new Pinpoint client not satisfied… Read more »
The GOOD property manager!
Yesterday I wrote a blog about the BAD apples that have left a black mark on the industry. When discussing my profession, I’ve experienced skepticism when it comes to the words Property Manager. The landlord/property manager relationship has been one of trial and tribulation. As they say, one bad apple can spoil the whole bunch… Read more »
Property Managers have BAD reputations!
Not too long along I wrote a blog addressing the need the have a regulatory board governing the property management industry. There are plenty of “so called” property managers unworthy of their title and leaving a dark cloud over the profession. Real estate professionals have RECO, mortgage brokers have FSCO, insurance agents have RIBO and… Read more »
Buyer Beware
When we are approached by new clients, we are often asked if the cost of repairs are included in our fees and if we personally handle the repairs. We politely disclose we have a full service maintenance department and, if you so choose, you may wish we use them or you may request we use… Read more »
Winning the Real Estate Lottery!
Please take what I’m suggesting as a suggestion for those landlords who are looking for a long term investment not for those landlords whose income is based solely on their income property. I am always learning. I enjoy learning. I always say, “if you are the smartest person in the room, you are in the… Read more »
You cannot manipulate the LAW!
I had a client approach me and asked me to help evict 12 deadbeat tenants who have not paid rent since May 2014. Their arrears have reached in excess of $28,000. He explained he was in the process of purchasing the property but, at the time he approached me, he had not closed on the… Read more »
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