Author: LPM Admin

Hiring Practices for the Modern Property Manager

You will never regret hiring someone who has all the characteristics you need — and only few of the “Essential Requirements” listed in the job ad. One of the more cutting-edge trends in the American corporate world of hiring based on personality traits over skills, is starting to filter its way down to the small […]

Can a Landlord Check Bank Balances on a Rental Application?

Landlords want to rent to stable, reliable tenants – not someone who keeps his cash under the mattress. Often, tenants are asked to prove their creditworthiness during their rental application. Landlords need to check a renter’s employment and eviction history as well as some personal background. After obtaining this information, the Landlord now can make […]

Information Overload in Property Management, Part IV

A positive attitude is contagious. It’s time for our final post on how to deal with information overload within your property management company. In our last few posts, we’ve covered the problem itself, how to handle information in a way that makes it easier to manage, and how to keep your brain best able to […]

Information Overload in Property Management, Part III

Getting more quality sleep will help you remember and process things better. Continuing our chat on information overload from the past two posts, it’s time to talk about how you can improve your own brain’s ability to handle information. Most of this is obvious once you read it, but it’s probably not anything you’ve thought […]

Information Overload in Property Management, Part II

You know that you managed your priorities well when you’ve set aside a “ready to be interrupted” time in your work schedule. So last time, we talked about what ‘information overload’ was, and mentioned that you can deal with it by modifying the information itself, or by modifying your brain so it can deal with […]

Information Overload in Property Management, Part I

Have you ever suffered from the dreaded business disease called “infobesity? The single biggest challenge of our collective jobs in property management is dealing with the raw amount of information that comes in. It’s something that we warn our new employees about, but it’s not something that we’re really talking about. So I thought I’d […]

10 Repairs that aren’t your Landlord’s Responsibility

Find out who is responsible for repairs and maintenance in your rented home. As a tenant you’re typically not responsible for any major home improvements for your rental home, such as repairing a leaky roof or updating carpets and appliances. However, not all damages to the home are your landlord’s responsibility. Below is a list […]

DIY Landlord Tips: Evicting a Tenant with Heart

When you do have to evict someone, you do it with heart. Make no mistake: evicting a tenant is hard. It takes an emotional toll on you, even if you didn’t have the best relationship with the tenant in the first place. The number of times that the head of our Evictions Department has almost […]

DIY Landlord Tips: When to Send an Eviction Notice to a Tenant

The reality of evicting an unexpectedly difficult tenant might take the lord out of your landlording.     When you’re a property management company dealing with lots of tenants, you see patterns in tenant behavior in general, and you quickly learn how to best respond to these patterns. As a DIY landlord only dealing with […]

DIY Landlord Tips: When They Don’t Pay On Time

You did the best that you can to encourage tenants to pay rent on time, but alas, they still pay late! It’s easy, as a DIY landlord, to slip into a less-formal relationship with your tenants — and that’s not even necessarily a bad thing. In a lot of ways, a less formal relationship means […]

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