Additionally, the law around taking photos of a tenant-occupied property can be tricky. Ultimately, it comes down to the reason behind the photos. For instance, landlords or property managers in Washington DC may take pictures of the property to document repairs or maintenance concerns. However...
If you’re thinking about starting a property management company, it’s important to do your research and make sure you understand exactly what it involves.
Secure a position at a property management company as an assistant manager. Gain on-the-job training while working closely with senior property managers. Learn to interact with owners and prospective tenants. Prepare market analysis reports, input rental listings and collect listings as directed by y...
If you talk to project managers or read through the interviews in my book,Project Manager, you’ll realize that there are as many ways to start a project management career in the field as there are people. However, there are three common ways of entering the job market in a project manag...
One of the most important traits in property managers is emotional intelligence, as your ability to understand the needs and behaviors of others will be paramount as you work to address tenants’ concerns, manage employees, and coordinate vendors for your property. When it comes to skill ...
First, keep in mind that hiring managers understand that job seekers are usuallyapplying to multiple positions. If you are advancing in the job interview process with several companies, it is a professional courtesy to let them know you are interviewing with other organizations as well. You don'...
to result in underperformance. consider that in 2022, more than half of large-capitalization stock fund managers underperformed the s&p 500 to mark the 13th consecutive year that most investors would have been better off buying and holding index funds. if active funds with experienced manag...
Turnkey real estate is properties that come with existing tenants and property managers. If the idea of screening and dealing with tenants or managing rentals fills you with stress, this is a great thing to consider before buying a rental property. ...
Integrity means being honest and having strong moral principles, even when no one is watching you. In a workplace setting, this is what employers and managers seek in their employees. Especially when working from home, it can be tempting to take a few liberties when you know that your boss...
Value addedis a medium-to-high-return,moderate-riskstrategy that centers more on property development and market timing. In this strategy, portfolio managers purchase properties, engage in some level of redevelopment, and sell when the market is performing. Value-added properties typically require cha...