The Benefits of Home Services for Rental Property

Posted on July 24, 2023

Imagine this: it’s late at night, and you’re enjoying a relaxing evening at home when your phone buzzes with a call from a frustrated tenant. They’re dealing with a plumbing issue that…

Ultimate Guide to Mixed-Use Property Management

Posted on July 10, 2023

Are you ready to dive into the world of mixed-use property management? As cities continue to grow and evolve, the demand for versatile, efficient, and sustainable living spaces is skyrocketing. Mixed-use properties,…

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…

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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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