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Benefits of Hiring a Property Manager

2/2/2017

Whether you own an apartment complex, townhouse, or another type of real estate, you know that managing a rental can be a great boon to your monthly income. You also probably know just how much time and effort managing property can require.

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Why Hire a Property Management Company for Homeowners Associations

12/09/2016

Residents of townhouses, condos, and homes in gated communities or subdivisions owe a monthly or yearly fee to their homeowner association (HOA). This fee covers the cost of routine building maintenance, landscape care in common areas, pool maintenance, and other tasks that keep the community's curb appeal and functionality high.

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How Do I Screen Tenants?

19/2/17

For landlords and rental property managers, screening tenants is one of the most critical and difficult tasks to perform properly. Although the majority of prospective tenants are decent people who treat the rental property with respect, occasionally a bad tenant can slip through the screening process, leading to financial losses, property damage, or legal liabilities.

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Should I Manage My Own Property?

19/2/17

Investing in rental properties can be a great way to provide an ongoing income that is steady and relatively passive. Many real estate owners elect to manage their own rental property, which can be time-consuming and difficult, especially if the rental is not local. Another option is to hire a property management company, which will add to your expenses, but will relieve you of much of the work that landlords typically must perform.

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Can I Make a Profit If I Hire a Property Management Company for My Investment Property?

19/2/17

Whether you own one property or many, you may find yourself thinking about hiring a property management company out of necessity or simply convenience. If you find yourself considering a property management company for your investment property, it is quite possible to continue making a significant profit, while reducing your workload and taking a more passive approach to your investments.

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Why Should You Choose a Local Property Management Company?

19/2/17

If you have a rental property and do not have the time to manage it yourself, or if you simply have no desire to manage them yourself and would prefer a more passive income, hiring a professional property manager is a great. The main reason that many property owners hire local property management companies is to have a competent and reliable team close to the rental property to handle day-to-day operations.

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How Do I Get My Home Ready to Be Rented?

16/3/17

Are you eager to try your hand at being a landlord? Before you show your home to prospective new tenants, it's important to make sure the property is ready to rent. Your goal is to impress applicants as they tour the home and ensure no additional maintenance or repairs will be needed within the first few months of new renters moving in.

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DIY vs. Professional Property Management

16/3/17

Have you just been given the opportunity to invest in real estate? This could be a fantastic opportunity to supplement your monthly income with rental payments from tenants. If you're thinking about managing the property yourself, compare the pros and cons of DIY property management and learn how hiring a professional company could be beneficial.

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How to Find a Good Tenant

12/4/17

Every rental property owner wants to land the perfect tenants. It's tough because even someone who looks good on paper may not end up being the greatest tenant. That's why you should use a combination of observations made during your personal interactions and facts gathered from the rental application. This can help you avoid the troubles that can come from having a bad tenant and allow you to choose the best applicant from the bunch.

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Best Way to Find Tenants for Rental Properties

12/4/17

If you just got your hands on a rental property, congratulations-you've just made a potentially profitable investment! As you begin down the road to becoming a landlord, you must know how to fill your vacant rental property quickly with a suitable tenant. The trick is not to let any bad apples slip through the screening process, or you could end up with significant financial losses, property damage, or legal liabilities.

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How to Evict a Tenant in Maryland

12/4/17

Every landlord hopes for quality tenants, but unfortunately, bad apples sometimes slip through the screening process. If you've already given your tenant a second chance, it's time to take legal action and research the eviction process in Maryland. To avoid getting into legal trouble yourself, don't attempt to take the law into your own hands. Instead, follow this advice on how to evict a tenant in Maryland.

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Best Questions to Ask Before Hiring a Property Management Company

12/4/17

So, you own a rental property, but you're tired of handling all the responsibilities of a landlord. You know the best way to free up your time is to hire a property management company. But how do you choose the right company for the job? The trick is to ask the right questions. This way, you avoid wasting your time and money hiring an unqualified manager. Here are the four best questions to ask before hiring a property management company.

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