property-management-software
Nov 13 2018

Flip or Hold, Which Is It?

Depends on what type of investor you want to be. Profits are made in both scenarios but choosing the right strategy depends on several key factors. Consider your age, need for cash flow, retirement goals and many other factors. Holding Properties Buying and holding properties usually are for longer term investments for the purpose of cash flow. In addition to cash

online-property-management-solution
Nov 05 2018

Should You Abandon Technology?

There is no argument, technology has changed the landscape of nearly every industry in the world. That includes property management. There are many positive outcomes from technology but also some downside. So, should you abandon technology and go back to a more one on one personal relationship with your tenants? In short, No! However, there

residential-property
Oct 29 2018

Why Would Anyone Invest in Multi-Family Properties?

Real estate is unlike other investment strategies like bonds or stocks. Congress has laws in place to reward investors who invest in real estate. Why? Well this country needs housing and government isn’t into housing (for the most part), so they encourage anyone who wants to provide housing by offering tax incentives. Additionally, real estate

break-rental-lease
Oct 27 2018

How Can You Break A Rental Lease

Let’s face it, people usually do not enter a legally binding lease with the intention of breaking it. Sometimes life deals us challenges that conflicts with our current lease. Whether its job related, family or health issues. There is a plethora of situations that can arise that will have you asking the question, ‘How can

Marketing-Tips-for-Property-Managers
Oct 26 2018

How Property Managers Fill Vacancies

In order to fill your vacancies, you first need to know what renters want. That list can vary widely based on the type of rental property you have. Renters moving into an apartment will have different ‘wants’ then those moving into a single-family home. Longer Term Renters For those who are longer term renters, they

owners-properties-buildings
Oct 22 2018

Financial Reports for Property Managers

Financial reports are a critical element for property managers and property owners. Without these reports, how do you know the financial health of your portfolio or a single property? Decisions are often made based on your current financial status. General Accounting Most general accounting applications are not designed for managing real estate properties. I’ve been

open-house
Oct 14 2018

Hosting the Best Open House

Open houses are a great way to generate interest as well as some urgency when it comes to renting your properties. They have been used by real estate agents for decades because they work, sort of. They say between 4-10% of sales contracts are a result of open houses. However, for rental properties, there are

Professional-Real-Estate-Photography
Oct 06 2018

Should You Use Professional Photography?

You know the saying, a picture is worth a 1000 words. There is no denying the fact that great looking photos will help your marketing efforts. Renters are more inclined to choose a property that has a lot of photos with high quality. What most renters do, is shop for rental properties and then imagine

quickbooks
Sep 28 2018

PropertyZar & QuickBooks

I am a longtime user of QuickBooks. I’ve used it for all my companies since 1998. This BLOG highlights the PropertyZar accounting software as it pertains to property management. QuickBooks – A Good Role Model As we designed PropertyZar’s accounting, we wanted to make it as easy as QuickBooks. But we wanted to include all