How to Choose the Right Home Rental Management Company

Posted on September 1, 2022

Home rental management companies can provide a lot of valuable services to landlords, from marketing and advertising your rental property, to screening tenants and leasing, and handling maintenance and repair requests. But…

How Does Loss of Rent Insurance Work?

Posted on August 29, 2022

Did you know that there is such a thing as loss of rent insurance? If you’re a landlord or own rental property, it’s important to understand how this type of insurance works….

Rental Management Services: Key Considerations for Landlords

Posted on August 25, 2022

Landlords, when weighing your options for rental management services, it’s important to consider all the key factors. What kind of experience does the company have? What’s included in their service package? How…

From Hellish to Heavenly: How to Manage Tenants

Posted on August 15, 2022

If you’re a landlord, rental property owner, or real estate investor, then you know that managing tenants can be a real pain in the neck. Between late rent payments, constant noise complaints,…

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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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