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How Commercial Property Management Companies Can Improve Your Business

Posted on July 19, 2022

Commercial property management companies can be a great resource for landlords and commercial real estate investors. They can help you improve your business by taking care of all the day-to-day tasks of…

Rental Property Management Services for Landlords: 10 Things to Look For

Posted on July 18, 2022

If you’re a landlord, then you know that rental property management can be a lot of work. That’s why it’s important to find a good property management service to take care of…

How Rental Property Insurance Can Protect Your Investment

Posted on July 15, 2022

Imagine for a second that your rental property catches on fire. Not only do you have the financial burden of repairing or rebuilding the property, but you also have to find a…

10 Tips For Managing Rental Property

Posted on July 14, 2022

As a landlord or property manager, you have a lot on your plate. Between finding and screening tenants, collecting rent, and maintaining the property, there’s a lot to keep track of. Here…

Managing Your Property: The Basics of Rental Property Accounting

Posted on July 13, 2022

As a landlord, property manager, or real estate investor, it’s important to understand the basics of real estate accounting. In this post, we’ll talk about what goes into your income and expense…

Why Rental Property Software is a Must-Have for Property Managers

Posted on July 12, 2022

As a busy property manager, you know that every minute counts. You need to find ways to automate your workflow and make your processes more efficient. That’s why rental property software is…

The Top Tenant Turnoffs (and How to Fix Them)

Posted on July 11, 2022

When someone is looking for a new place to live, they’re going to be sure to take note of the places that they tour. And, unfortunately, there are some things that can…

Self-Managing Rental Property: What You Need to Know

Posted on July 8, 2022

As a landlord, you’re in charge of maintaining your rental property—and that includes keeping it rented out! But how do you know if self-managing is the right option for you? In this…

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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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