theRRD Blog

The Ultimate Tool for Landlords, Property Managers, and Real Estate Agents

Take A Tour

Posts Tagged "Property Management"

Property Management V.S. Self-Managing – How to Make the Right Decision for You

So you’re investing in some real estate and you want to manage it in the easiest and most cost effective way possible.  There are pros and cons to both that are worth exploring.  Everyone’s situation is different. Ask yourself the…

Read more...

How to Handle High-Maintenance Tenants

One of the most common complaints I hear from Landlords is that they don’t like to deal with “high maintenance” tenants.  Like most things, there is a middle road with responding to tenant maintenance requests. If you’re too stiff with…

Read more...

7 Landlord Mistakes You Don’t Want to Make

1.  Not Having a Business Plan A good investor does not purchase a property without a concise business plan for that property.  Investors know how long they plan to hold onto the property.  They know what the market rate is…

Read more...

How to Properly Insulate an Old House and Maintain ROI

Because the tenant is the source of the landlord’s income, it’s a landlord’s top priority to keep the quality of living for a tenant high and the cost of living low.  If a tenant is uncomfortable or must pay too…

Read more...

How to Retain Residents in Multifamily Communities

There is significant value in being able to retain residents.  If you are above average in retaining your residents, your management company will have less costs associated with marketing vacancies, screening new prospective tenants, performing make readies, and more.  Having…

Read more...

3 Things That will Happen to Your Property if You Don’t Screen Your Tenants

There are many things that can go awry on a property.  If you don’t thoroughly screen your prospective tenants, you can cause serious damage to yourself, your property, and your budget. 1. Your Property Gets A Bad Reputation No resident wants…

Read more...

How to Get Better Property Management Leads

Observe below the image from Google Maps of property management companies in Los Angeles.  As you can see, there are multiple property management companies per square mile.  With such a significant amount of competition, there’s a lot that needs to happen…

Read more...

It’s Awesome to be a Property Manager

Real estate investments offer a tremendous opportunity for profit, but only for those with the time and financial resources required to get involved. Since most investors have the money, but few have the time to manage a property, a hired property…

Read more...

Using Diplomacy as a Marketing Tool a.k.a. Don’t Rub Your Tenants The Wrong Way

Some tenants can be a real hassle.  Others are close to bringing you to insanity.  And being honest, not everybody you rent to is going to be the ideal tenant.  Murphy’s Law explicitly states that if something can go wrong,…

Read more...

6 Creepy Houses you Should be Happy you Don’t Manage!

We selected 6 houses for their creepiness factor.  Some are haunted, others are just freaky.  All of them are nearly untenable. 1: This Silent House on the Hill Actually, this house doesn’t look all that bad.  All you need to…

Read more...