Five Easy Pieces: The Big Picture of Property Management Let’s start by stepping back and looking at the big picture. While managing a rental property is an undertaking with seemingly countless details to coordinate—and it is—each of the details relates to one or more...
If You Own Rental Property, You Own a Business The first basic element of property management is the property owner. There is no need of property management until someone builds, buys, or inherits a piece of real estate that will be leased to someone else. This...
Your Rental Property Is Your Business Product We are considering the five basic elements of property management and in our last post we discussed the property owner. Continuing, the second basic element of property management is the rental property. We are used to...
Your Tenant is Your Customer We are considering the five basic elements of property management and in our last post we discussed the rental property itself. Continuing, the third basic element of property management is the tenant. In any business the aim is to make...
You’re in the Rental Business to Make Money… Right? In our last post we discussed the tenant, the third basic element of property management. Continuing, the fourth basic element is the money. We began the last post by writing, “In any business the aim is to make...
