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Tag: Maintenance and repairs

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,…

9 Benefits of Using a Property Management Company

Posted on January 5, 2023

Are you considering hiring a property management company to oversee your rental properties? There are lots of benefits to using a professional, experienced property manager. From streamlining the rental process and increasing…

Unlocking Rental Property Tax Benefits: 10 Ways To Maximize Your Return

Posted on December 22, 2022

Owning rental property can be a great way to make an income and build wealth, but it’s important to understand all the tax benefits of rental property ownership. Having the right bookkeeping…

Cost-Effective Strategies for Maintaining Commercial Property

Posted on November 28, 2022

If you are a landlord of commercial real estate or a commercial property manager, you know that maintaining the property can be a costly endeavor. Fortunately, there are some cost-effective strategies that…

Managing Your Own Rental Property: Is It Right For You?

Posted on July 20, 2022

Are you considering becoming a landlord? It can be a very profitable endeavor, but it’s not without its share of challenges. In this post, we’ll take a look at some of the…

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…

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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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