Hoarding is So Much Easier with Amazon Free Delivery! Hoarders — as the popular TV show has labeled them — have a psychological disorder that causes them to insist on keeping things they have no need for, to excess. While the disorder itself is often more of a cause for empathy than anything else, being […]
20% of these words will capture 80% of your attention. If you’re not familiar with the Pareto Principle, it goes like this: 20% of sources cause 80% of effects. It started when a mathematician in Italy named Vilfredo Pareto calculated out that 80% of the land in Italy was owned by 20% of the people, […]
Is Your Property Having a Mid-Life Crisis? Last week, we talked about the tenant lifecycle and how keeping an eye on the cycle as a whole as you perform each step can make you a better property manager. Today, we’re going to go one step further ‘out’ from that, to the lifecycle of a piece […]
Not to be confused with the Tenant Bicycle — that’s something entirely different. In Part I of the Advanced Property Management series, we talked about how important it is to ‘think like the owner.’ Today, we’re going into a significantly more technical subject: how to manage the lifecycle of a tenant. The […]
Step 1: Be a low-risk, high-responsibility tenant. Step 2: ??? Step 3: Profit! When you’re trying to get into a rental home, there are several obstacles to be aware of. First, naturally, you need to have enough money on hand to pay all of the costs of moving — there are a lot of them. […]
…is that you really want a job rather than an investment. There are a lot of property investors out there right now — probably more in the last five years than at any point in time since the New Deal. They come in all shapes, sizes, colors, beliefs, and even wealth levels. But the one […]
Up your Property Management Game by Changing Your Mind. So this is the first in what we hope will be an exciting series of posts for property managers who are looking to up their game a little bit. The point of this article is very simple: the investors/owners who buy these properties are your clients, […]
Thump, Drip, Ka-Chank, Skitter, Zzzzz, Shriek, and Pop! If you’re a tenant, you should report these sounds to your landlord immediately. If you’re a property manager and you hear (or hear about) these sounds, get ready to call the owner. If you’re a property investor or a homeowner…get out your checkbook. Here are House Sounds […]
You’ll probably get a call back on Wednesday if you call on Sunday…or Monday…or Tuesday…or Wednesday! Mondays aren’t the best of days, for most people. You come back to the office after a weekend, you open your email with perhaps a twinge of dread because you know that someone set something on fire over […]
If you can afford rent, you can afford furniture — as long as you’re willing to take it one piece at a time. Moving into your new rental home can be quite exciting, but it can also be draining — particularly on the wallet. Obtaining all of the furniture you might need isn’t easy, especially […]