In all businesses, and especially in service-oriented industries like property management where we’re interacting with clients and tenants on a daily basis, having a full staff of skilled and talented employees is a huge asset to any organization. But this process,...
When it comes to hiring a property management company, you need to trust them. If you don’t trust that they have your best interests at heart, there’s no value in hiring them in the first place. Because it’s central to our business to build trust that we want...
Real estate is an investment niche that’s not for everyone, if we’re perfectly honest. You have to be comfortable tolerating an at times uncomfortable level of risk and be willing to become a master of many trades. But for those who have some guts, gumption and yes,...
Investing in rental properties can be a good way to earn passive income (though “passive” is certainly a relative term). What gets in the way of any given unit’s earning potential, however, are the inevitable expenses that come with property maintenance and repairs....
We’ll be the first to admit that as a business and as individual employees of the company we’re always learning. Certain mistakes – while we’d rather not make them – give us moments of pause and create opportunities for us to continually refine our...
In Part 1 on the economics of owning and managing small multifamily units, we discussed the advantages and disadvantages of adding multifamily properties to your investment portfolio. On the whole, we believe this type of rental property generally adds value in terms...