Recognize A Great Landlord With A Small Gift. (I am writing this blog post under objection, because we’re generally not self-serving enough to post a guide that might as well read ‘how to give us things.’ But we had a few tenants ask us this year, ‘is it appropriate to give your landlord a Christmas […]
Say ‘Thank You For Being a Great Tenant’ in a Memorable Way. Finding a tenant that you really enjoy, that you can count on to treat your property well and pay on time…that’s a modern-day miracle. There are certainly a goodly number of tenants that we would rather not encourage, but for those that you […]
Retire Comfortably By Investing Intelligently Today. Hearing an investor say that they want to use their Individual Retirement Account (IRA) to invest in real estate is kind of like saying that they want to use their savings account to invest in the stock market. It doesn’t tell you anything, because ‘investing in real estate’ is […]
The Wrong Way is “Not Handling It At All.” If you’re not familiar with property management paperwork, rest assured there’s a lot of it — so much, in fact, that many landlords are tempted to not deal with it whenever the opportunity presents itself. One classic example: the Move-In Checklist. For the renter, a move-in […]
Step One: Make Some Money If you’re moving into a rental for the first time, you might be surprised and how complicated it can be to keep track of your money, even when it comes to something as simple as paying your rent on time. Creating a budget is one of those skills that everyone […]
How Much Is that Puppy In Your Window…Going To Cost You? Tenants who have pets bring a unique kind of risk with them. On the one hand, people with pets tend to be more laid back. On the other hand, pets tend to occasionally damage goods and property just by their nature. (If you’ve ever […]
The Best Way to Win in Court Is to Stay Out of Court Every property manager has had — or will have – that sinking sensation you get from being served with notice of a suit at some point. Being sued is a reality of the job, but it is possible to reduce the likelihood […]
Show Yourself The Money! One of the constant questions a real estate investor asks themselves is: “Will I be better off if I sell right now?” There’s the constant temptation of liquidating and cashing out any gains you’ve already made, especially with the recent real estate market crash so fresh in most investor’s minds. Of […]
There’s No Business Like Home Business When Home Business Is Your Business The Small Business Administration recently pointed out that almost half of all businesses in the United States are home-based businesses. The Department of Housing and Urban Development tells us that 35.9% of Americans are renting, as of last quarter. Assuming an average distribution, […]
It’s So Hard to Say Goodbye to Yesterday’s Tenant When a tenant decides to leave, it’s never an easy time to be a property owner. There’s a lot to do after the tenant is gone — but there’s also a lot to do as the tenant is leaving, as well. At Royal Rose Properties, we […]