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Tag: Rental property software

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,…

With a Landlord Property Management App, You’ll Save Time and Money!

Posted on October 13, 2022

As a landlord, you have a lot of balls to keep in the air. You’re responsible for finding and screening tenants, collecting rent, handling maintenance and repair issues, dealing with tenant complaints,…

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 Rent Collection Software Can Help You Save Time and Money

Posted on August 18, 2022

As a landlord, you know that rent collection is essential to your success. But did you know that there are tools out there that can make the process easier and less time-consuming?…

How to Use Rental Business Software to Manage Your Properties

Posted on July 22, 2022

Rental business software can be a huge help in managing your rental properties. It can automate many tasks, saving you time and energy. But not all software is created equal. So, how…

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…

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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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