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How Blockchain in Property Investment Is Revolutionizing Real Estate

Posted on June 5, 2023

As a discerning investor, you have always been at the forefront of change, keenly exploring innovative solutions and strategies to expand your portfolio and maximize returns. The world of real estate investment,…

Fractional Real Estate Tokens in the Crypto Space

Posted on June 1, 2023

Are you ready to dive into the world of fractional real estate tokens and unlock their potential in the ever-evolving crypto space? As a seasoned real estate investor, you’re always on the…

How to Manage Declining Rents and Thrive in Real Estate Investing

Posted on May 29, 2023

In a world where fluctuating market conditions are the norm, real estate investors and landlords often face the challenge of declining rents. While this may seem like a daunting obstacle, it is…

Building an Emergency Fund for Rental Property: The Ultimate Guide

Posted on May 25, 2023

Picture this: you’re a landlord with a thriving rental property portfolio, but then disaster strikes – a major plumbing issue, an unexpected vacancy, or a costly legal dispute. Are you prepared to…

Why Rental Property Cash Flow Is Your Key to Evaluating Property Managers

Posted on May 22, 2023

As a real estate investor, you know that the success of your rental property hinges on more than just buying in the right location and ensuring the property is in good condition….

Financial Metrics in Real Estate Investing: Holding Property Managers Accountable

Posted on May 15, 2023

Are you itching to become a successful real estate investor? Are you tired of property managers who deliver disappointing results? It’s time for you to gain some control over your investments and…

Vacation Rental Property Management: Mastering The Art Of Successful Ownership

Posted on May 8, 2023

As a vacation rental property owner, managing your property can be overwhelming. From attracting guests to keeping the property well-maintained to maximize rental property cash flow, it can be a lot to…

10 Best Practices for Successful Airbnb Property Management

Posted on May 1, 2023

Being a successful Airbnb property owner takes more than just opening up your home to guests. It requires a balancing act between providing a positive and comfortable guest experience while also ensuring…

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Basic Property Management provides owners and managers of rental property with the tips, tools, and techniques they need to be successful. We provide articles on a variety of topics, including how to find and screen tenants, how to negotiate leases, and how to handle repairs and maintenance. We also offer a directory of property management services and resources, so you can find everything you need in one place.

Residential

Residential real estate property management is the process of overseeing and renting out residential properties. This type of property management is different from commercial property management in a few key ways. First, residential properties are usually smaller in scale than commercial properties. Additionally, residential property managers typically work with individual tenants rather than with businesses. Finally, the leasing terms for residential rentals are usually shorter than those for commercial rentals. As a result, residential property managers must be skilled at handling a variety of tasks, from marketing and advertising vacant units to collecting rent and dealing with maintenance issues.

Commercial

Commercial real estate property management is different from residential property management in a few key ways. For one, commercial properties tend to be much larger than residential ones, so the management team has to be able to handle a larger volume of tenants. Additionally, commercial leases are usually much longer than residential leases, so the manager needs to be prepared for a longer-term commitment. Finally, commercial properties tend to have more complex financial arrangements and regulations that need to be followed. As a result, it takes a different set of skills and knowledge to effectively manage a commercial property.

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