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Tag: Maintenance and repairs

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…

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…

No Downward Spiral Here: How To Manage Rental Property in a Recession

Posted on March 30, 2023

In times of economic downturn, real estate investment can seem risky. However, with the right strategies, rental property can remain profitable even during a recession. As a landlord or real estate investor,…

Affordable Contractor Options for Landlords With Limited Budgets

Posted on March 2, 2023

Are you a landlord on a tight budget, looking for an affordable yet reliable contractor to carry out essential repairs or renovations? Finding the right contractor can be challenging and time-consuming –…

How To Reduce Rental Property Operating Costs During a Recession

Posted on February 16, 2023

During a recession, reducing rental property operating costs can be essential for landlords and property managers to maximize cash flow while still keeping tenants happy and occupancy levels high. This article will…

How To Solve Common Landlord Problems

Posted on January 19, 2023

Are you a landlord dealing with common headaches like tenant issues and slow rent payments? If so, you’re not alone! In this blog post, we’ll explore some of the most common landlord…

Master Rental Property Maintenance: Fast and Effective Solutions

Posted on January 16, 2023

As a rental property owner, it is important to maintain your properties in the best condition possible. This can be both time-consuming and costly, but by employing effective and fast maintenance strategies,…

Make the Most of Your Investment: Learn How to Manage Residential Property

Posted on January 9, 2023

As a real estate investor, you have likely put a great deal of effort and money into your residential rental property investment. To ensure that it pays off as smoothly as possible,…

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Learn

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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