Tag: acquiring rentals

Why Isn’t My Property Renting? Part I: Marketing Evaluation

Did you know you can market wrong before you ever start marketing? You can imagine that every property manager gets this question on a regular basis. And we do! Yet, somehow, there’s not a whole lot of information on the subject out there. So we’re going to give you a short series this month on […]

How to Prepare Your Property for Summer

The summer months bring a lot of joy but can also bring some very serious challenges for the property owner as well. From paint-peeling hot weather to tornados and everything in between, there are many things that can cause thousands of dollars in damage, especially for the unprepared. While many of these things cannot be […]

Pre-Move-Out Inspections (and Why You Should Care)

Yes, you still need to do a Move-Out Inspection as well. A lot can change between ‘someone’s home’ and ‘no one’s home!’ One of the more annoying aspects of property management is the need to perform inspections when the tenant is still living in the home. Sometimes, it’s easy — but more often than not, […]

SEO for Property Managers: A Primer, Part IV: Social Media

Facebook asks, “What’s on your mind?” Twitter, “What’s happening?” Instagram asks “What did you have for dinner?” — and Pinterest asks “how many pictures of a macramé owl can you really comment on in a single lifetime?” Last Time: Off-Page SEO On to part four of our five-part series on SEO for Property Managers. Over […]

SEO for Property Managers: A Primer, Part II: On-Page SEO

Some of this is more accurately described as “on-site,” but that just gets confusing, so we’ll stick with the on-page/off-page categories.   Last Time: What Is SEO? Welcome to part 2 of our five-week-long primer on SEO for property managers.  This week, we’re talking about the kinds of optimizations you can perform on your company’s […]

SEO for Property Managers: A Primer, Part I: What is SEO?

Synthetic Engine Oil! No, no, it’s Self-Employment Opportunity! Wait, it’s, ah, it’s — Seasoned Equity Offering! Just kidding, it’s Search Engine Optimization, of course.   Marketing in the modern world is vastly different than it was even just a decade ago. Untargeted advertising spread over the widest possible area — radio commercials, TV spots, and […]

Managing Communication: Co-Workers, Owners, Tenants, and Contractors

We talk to LOTS of people. At Royal Rose Properties, we like to say that we have three different groups of clients: our owners, our tenants, and our contractors. What we mean by ‘clients’ is that when we find a good owner, tenant, or contractor, we want to invest in that relationship and treat them […]

Troubleshooting Your Whole Property Management Company

Drew’s Law #2: In property management, nothing is ever as simple as it looks — even when you take this rule into account. “Holistic” is a word that has an interesting reputation: either you hear it as a synonym for “snake oil,” or you hear it as a synonym for “comprehensive,” and those two things […]

DIY Landlord’s Guide to Taking Great Pictures With a Phone

Contrary to most people’s intuition, taking decent property pictures with your phone is…well, OK, maybe not ‘easy,’ but at least ‘possible’!  If you’re a DIY landlord, you likely don’t have the time or money to invest in and learn how to use a DLSR or other “real” camera for use in taking property pictures. Pictures, […]

DIY Landlording: Partial Rent Payments Matter!

Accepting partial rent payments can mess up your plans in a big way. Don’t do it unless you know exactly what it means! One of the most common situations inexperienced or just overloaded landlords find themselves loathing is discovering that something innocent or even kindhearted they’ve done for a tenant ends up putting them on […]

Signup for regular real estate updates and tips for the Metro-Detroit area