Once you have invested in a rental property, the responsibility of maintaining and running the property can quickly become overwhelming. For many Owners, the logical solution is to hire a Residential Property Management company to oversee their rental property. But is this the right decision for you? Here are the top 10 reasons to consider […]
Property Management Blog
Rental Scams
An interesting article from King5.com that shows how scammers are seeking out houses advertised as “For Sale” and falsely trying to rent them out. http://www.king5.com/news/consumer/Scam-artists-trying-to-rent-out-homes-they-dont-own-114758419.html Definitely something to be aware of! We here at Gregory Property Management are aware knowledgeable about this instances and work hard to make sure it does not become a problem […]
Choosing Between Property Management Companies
If you are considering taking the leap from homeowner to landlord, you should first consider the option of using one of the many property management companies that exist to make your life easier. Property management companies serve as the middle man between landlords and tenants and alleviate much of the stress that inevitably comes from […]
Explanation Of Fees
When you hire a property management company to serve as the liaison between yourself and your tenants, you want to be sure you’re getting the best possible property management services for the money. The services a property management company provides can range from ala carte to an all-in-one inclusive package. Along with that comes an […]
Financial and Marketing Functions Of Property Management
Property management operations budgeting: The real estate property management company, in consultation with the owner, will prepare detailed budgets for the day to day operations of the property. This function involves aspects of all the other functional areas, as it allocates funds for their performance. Not only will the income from rents need to be […]
Determining If You Need A Property Manager
While every investors situation is different, there are certain scenarios and factors that typically pre-dispose owners one way or the other. The following questions are designed to help you determine if you should consider hiring a property manager. 1. How far do you live from your rental property and how frequently can you visit the […]