When you own a rental property, there is a lot of information that you will need to gather from prospective tenants. You might be tempted to overlook some things including their proof of income, especially if you have verified their place of employment and completed a credit check. Verifying their income is an essential part […]
Tenant placement services are available to reduce and eliminate worrisome problems that often come with renting property. There are numerous reasons why many property owners choose to use a service. Like most property owners you probably do not have the extra time to spend studying property management. You do not have to, with a tenant […]
As a landlord, one of your biggest concerns about your investment property is likely whether or not your tenants will pay their rent. On average, 9 million landlords manage their own rentals. To help ensure you’ll receive your payment, Real Property Management Midwest can offer you rent guarantee insurance. Many landlords are unaware that this […]
As a property manager, there aren’t many things that come with more liability than emergency maintenance. Being able to handle urgent maintenance issues fast and appropriately can make all the difference to your property owners. Emergency maintenance efficiency will save them money but if you miss an emergency, you can be held responsible for the […]
A recent trip to the West coast brought me to Los Angeles and the hipster neighborhoods of Los Feliz and Silver Lake, where a couple of my good friends are lucky enough to dwell. At the time, another friend of ours was hoping to make the move back into the area from another city a […]
For most people who are homeowners, their home is not only the place to hang their hat, potentially raise a family, and proudly make improvements–it also represents a substantial part of their assets, and perhaps their retirement. Unlike other forms of investment, like stocks and bank accounts, property is not easily diversified. Essentially, all of your eggs are in […]
On a very basic level, Smart Growth is an urban planning and development strategy for community improvement. The focus is on walkability, rehabilitation of old structures, compact design, preservation of open space and farmland, and a variety of transportation options, to name a few. Smart Growth also encourages involvement and collaboration from the community and stakeholders, […]
And no, I don’t mean the file type extension (like .jpg, .pdf, .png, etc.). I mean the acronym, T.I.F., also known as tax increment financing. Sounds incredibly dull, doesn’t it? Well, TIF’s are important to know about because they are just one of the many building blocks that make up a community and allow development to happen. That […]
When I first began working as a leasing agent, many people asked me if I ever got worried about showing vacant houses and being alone with strangers. Actually, I’ve been asked the question by a number of people looking to rent, which made for a couple of somewhat awkward situations. As a matter of fact, I had […]
Many cities are focusing their efforts on sustainability, which means becoming more forward-thinking and planning for continued success in the future. On August 1, Star Communities, an organization that evaluates sustainability efforts, named Louisville a four-star community. This is a national award, and Louisville is now the 10th city in the country to receive the […]