Tag Archives: property management firm

Best Accounting Practices for Property Management Firms [Infographic]

Accounting itself seems a bit complex situation to handle for many businessmen. And when it comes to property management accounting, the property managers have to take care of land, rents, invoices etc. in a meticulous manner which makes it quite a tedious task to undergo. As we know that real estate – sales and purchase are […]

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7 Property Management Tips for Landlords During COVID-19

The global pandemic, COVID-19, has impacted every sphere of human dwelling. Under such challenging situations, where every state, country, or region is following its own set of regulations to fight and cope with the present scenario, even landlords and property owners are trying to figure out the best path forward for them. Irrespective of whether […]

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5 Reasons Why Property Management Companies Fail

Introduction Despite being a huge industry, property management is highly fragmented, with major property management firms having only a handful of employees. Initially, getting into the business might be easy, but keeping up and achieving success in the property management industry is a big challenge. Not many property management companies survive in the long run. […]

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8 Stress-free Property Management Tips for Landlords

As the owner of a property, you must be aware of how important it is to ensure that your investment is managed well. If you don’t keep track of your cash flows or guarantee that you are legally protected as a landlord, you might be heading for a financial crisis! The solution to this extremely […]

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Services That a Property Management Company Provides

As the owner of a rental property, there are a lot of issues that need to be taken care of relating to the property. Starting from screening the tenant to maintaining the property, you have to look into every aspect to ensure that you maximize returns from your investment. A property management company takes care […]

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Six Paramount Characteristics of a Money Making Rental Property

Are you on the lookout to purchase a residential rental property? Such a decision needs to be executed being extremely scrupulous of honey potting deals that break bad once you have invested your hard-earned money into them. There are some key features to ensure while purchasing rental property before you land on a hasty decision. […]

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Hiring a Property Management Company

Owners with numerous properties and rental units are often stumped with the burden of managing incomes from them. It becomes a time-consuming and a daunting task to handle the various aspects of property management like handling rental incomes, owner’s funds and filing tax returns to name a few. Hiring a competent Property Management Company ensures […]

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Top 6 Tips for CAM Reconciliation

Common Area Maintenance (CAM) reconciliations can prove to be nerve-straining for you as property owner or manager if done erratically. We know how real estate accounting can turn out to be a tricky task if not religiously done on time. To steer clear of any inconveniences or error potential, we have always adhered to certain rules […]

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Benefits of Using a Property Management Company?

Renting out a property is helpful in earning money on your property. It is also beneficial when it comes to the maintenance and safety of the place. It is only when you face legal issues, tenant problems, etc., that you realize that buying the property was easier but managing it is not a piece of […]

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