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Buildium The Circle of (A Property's) Life

By Linda Day Harrison, Manager Labs, Chicago, IL

There are business models in all shapes and sizes. There are retail stores, medical and legal practices, cleaning companies, general contractors, grocery stores, etc. So when you think about a business, how many business models do you know of where the business owner outsources the entire business to another party? For…

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Added by Buildium on February 8, 2012 at 11:59am — No Comments

Buildium Rent Roll Buying and Selling – More Than Meets the Eye

By Jo-Anne Oliveri, ireviloution intelligence, Brisbane, Australia

Recently, I have been involved in the sale and purchase of a rent roll. I had the rare opportunity of consulting for both the buyer and purchaser. Let me say, this was the smoothest and least stressful rent roll transfer I have ever witnessed!

Now some might say there is a conflict of interest by…

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Added by Buildium on February 6, 2012 at 9:24am — No Comments

Sarah Frye Free Energy Checkups for Multifamily Properties in Maryland

I handle the marketing for greeNEWit, an energy solutions firm that provides Quick Home Energy Checkups (QHECs) through the BGE Home Energy Saver's Program.



This allows residential and multifamily units to get energy upgrades at NO additional charge to the monthly utility bills of tenants and owners. The upgrades include installation of energy efficient CFL light bulbs,…

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Added by Sarah Frye on February 3, 2012 at 1:43pm — No Comments

Buildium Technology and the Successful Property Manager

By Phoebe Chongchua, SD Real Estate Help, San Diego, CA

It’s the kind of job that requires a lot of patience, and today being a property manager also requires keeping up with technology. Property managers work with many different personalities, which requires them to have some important skills that help make the job of managing properties a success.…

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Added by Buildium on February 3, 2012 at 7:12am — No Comments

Buildium Form 1099s & Year End Statements

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA

For property management companies, the month of January signals a time to prepare and issue year end statements to their clients for tax preparation purposes. Consequently, each January the IRS requires that any taxpayers who have made payments in excess of $600 to workers that are not considered…

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Added by Buildium on January 25, 2012 at 12:14pm — No Comments

Point2 Property Manager Landlords are you the “repair man” for tenants in your rental properties?

As a former landlord myself I understand the headaches that sometimes come with different rental properties.  Not only do you have to deal with difficult tenants, who may not pay their rent on time or may not pay at all, but you sometimes have to deal with repairs.  Doesn’t it seem like as soon as you fix one thing in one rental property, something else breaks, cracks or leaks in another?  Ok landlords, how long do you want to keep getting up in the middle of the night to handle repairs? …

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Added by Point2 Property Manager on January 24, 2012 at 11:33am — No Comments

Buildium A Resident's Expectations

By Steven Van Zile, Total Management, New York, NY

Within the past 24 hours, here are the maintenance issues I’ve experienced at the property where I reside: the maintenance person, loyal to this building for 33 years, responds to a clogged toilet by advising us to pour bleach down the toilet. Concurrently,…

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Added by Buildium on January 23, 2012 at 2:30pm — No Comments

Buildium New Year, Same Excuses

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA

 

As we look forward to 2012 and say goodbye to last year, many new real estate investors will forgo using a property manager in lieu of becoming landlords themselves for the first time. It may even be one of their yearly goals to acquire an income producing rental property. The fast and lucrative…

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Added by Buildium on January 18, 2012 at 8:24am — No Comments

Eveline Brownstein Why Renters Should Be Encouraged to Purchase Renter's Insurance

By: Eveline Brownstein (c)



Owner and creator of www.rentUSAnow.com The website that brings property managers, property owners, landlords and renters together

Tenants should know what a landlord is not responsible for, and should act accordingly.

Local regulations differ widely nationwide, but  there are some basic requirements of a landlord and there are…

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Added by Eveline Brownstein on January 10, 2012 at 8:31pm — No Comments

Harcourts Brenda Mitchell Peeling Paint

As a Property Manager, I am asked all kinds of maintenance questions, including why paint peels in big patches. The short answer is that the paint can no longer grip to the surface.

 

Some of the reasons for peeling paint…

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Added by Harcourts Brenda Mitchell on January 9, 2012 at 2:58am — No Comments

Point2 Property Manager Here’s Your Property Management New Year’s Resolution Checklist

 

Hello Real Estate Professionals!  It’s a New Year and it’s time to start check off those New Year’s Resolutions for 2012!  Some people want to lose weight, some save money, some make more money and some want more education.  Although, you may want everything that I just mentioned,…

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Added by Point2 Property Manager on January 5, 2012 at 9:21am — No Comments

Buildium Do Short-Term Rentals Make Sense for Property Managers?

A guest post by Ashley Halligan, Analyst, Property Management Software Guide

Short-term rentals, of all natures, have become a hot commodity – and a controversial one at that. Short-term rentals can include vacation rentals and temporary housing, often sought by vacationers, business travelers, or people who have recently relocated…

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Added by Buildium on January 4, 2012 at 2:21pm — No Comments

Rebecca Lorden National Apartment Associate presents "A Property Manager's Disaster Guide" on Jan. 10th

A Property Manager's Disaster Guide 

Natural catastrophes and man-made disasters caused a worldwide economic loss of $218 billion in 2010. With so much of your property assets at stake, understanding and conveying your disaster plan is vital in being a successful apartment manager. Gary A. Pudles, President and CEO of AnswerNet, will navigate you through the development of a successful property disaster…

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Added by Rebecca Lorden on January 3, 2012 at 8:54am — No Comments

Harcourts Brenda Mitchell Maintenance and Repairs - Tips to make the process easier

Many tenants believe that any requests and repairs MUST be undertaken & immediately. While the property must be maintained and repairs must be completed in a timely manner, a Property Manager must seek permission prior to going ahead with any repairs, alterations etc. An owner is not required to agree to upgrades to the property, such as an additional air conditioner as an example.

 

Emergencies such as a blocked toilet can be requested over the phone.  As you will need…

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Added by Harcourts Brenda Mitchell on January 1, 2012 at 12:33am — No Comments

Harcourts Brenda Mitchell Choosing an investment property

To ensure that you receive the highest possible return from your property, you need to ensure that you purchase the right property for your needs, and you hire the best Property Manager to look after this investment.  We will work with you to ensure you receive the highest possible return on your investment property.

During a slow time, or recession, homes are typically preferred by investors as it is a lesser risk and in time the market will generally return. Property is a daily…
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Added by Harcourts Brenda Mitchell on December 31, 2011 at 8:49pm — No Comments

Buildium The True Value of a Property Management Company

A guest post by Andrew Payne, Louisville Property Management, Louisville, KY

Before doing business with a property management service, a property owner must feel that the company’s 8-10% management fee is valid and deserved. When you take a call from a prospective client, you must sell yourself based on what you truly offer. This article covers some key areas to…

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Added by Buildium on December 6, 2011 at 12:48pm — No Comments

Buildium The Comeback of the Transferee Tenant

By Ben Holubecki, STML Realty Group, Glen Ellyn, IL

One area that really took a hit during the economic downturn over the past few years was the ability to lease property to employees being hired and transferred. Nobody was hiring, and it seemed that very few companies were taking on the expense of transferring their employees…

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Added by Buildium on December 5, 2011 at 8:25am — No Comments

Janell Kittleson TANSTAAFL: Incentives during the holidays

Between Thanksgiving and New Years Day, it can be a tough time to close a rental or make a sale.  Altruism aside, how can you get folks to step away from all that family-time and Christmas hub-ub and be inclined to move during what the industry reports as the slowest time of the year?  

money

First, it's crucial that you have a full understanding of your demographics and marketing budget and how those two sing together to provide the smoking mirrors of TANSTAAFL (There…

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Added by Janell Kittleson on November 29, 2011 at 6:22pm — No Comments

Buildium It's Hard to Say No to New Property Management Accounts

By Salvatore Friscia, San Diego Premier Property Management, San Diego, CA

Property management is all the buzz these days, as it is becoming the saving grace of the real estate industry. Across the country, real estate agents and realtors who are unable to maintain consistent listings and sales have turned to property management as a steady income stream until the market “picks…

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Added by Buildium on November 29, 2011 at 12:03pm — No Comments

Buildium Focus on Profitability over Volume Lends to Successful Property Management

By Ben Holubecki, STML Realty Group, Glen Ellyn, IL

 One of the most important and difficult things to do as a professional property manager is to honestly assess your strengths and weaknesses and build your business around the part of the business that you do best. For those outside of the industry, a…

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Added by Buildium on November 28, 2011 at 9:24am — No Comments

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