Property Management Blog

Thursday, December 31, 2015

Property Management Blog

Using the 1031 Exchange

Article Size: This body of the article, “Using the 1031 Exchange,” contains approximately 605 Words and is located on page 3. Before using this article, please read the LandlordSource Disclaimer, Inserting the Article, and Other Tips” displayed on pages 1 and 2 of this document. LandlordSource Disclaimer: Jean Storms, MPM®¨ ha...

Thursday, December 31, 2015

Property Management Blog

Looking Toward the New Year

As another year ends, many people take time to reflect on the past year. Generally, this leads to setting goals and making New Year's Resolutions. Our company is busy reviewing the past year and planning on how we can improve our property management services to you, our clients. Here are some of our key property management goals a...

Thursday, December 31, 2015

Property Management Blog

Working with the Military

When there is wartime activity, it is important for investors to realize the existence and impact of legislation that affects rental housing and the military, particularly those in National Guard units. The Service member's Civil Relief Act of 2003, (SCRA), replaced the previous Soldiers and Sailors' Civil Relief Act of 1940 (SCCR...

Thursday, December 31, 2015

Property Management Blog

Investor Insurance

Insurance is a necessity for investment property you pay with the hope that you will never have to use it for unforseen events. With all the different emergencies, disasters, or problems that happen to a rental property, it is important a property owner have the best coverage possible. When did you last review your insurance policy fo...

Thursday, December 31, 2015

Property Management Blog

Effective Documentation

Today, when you buy or rent a property, the amount of paperwork required is often staggering. Once upon a time, an agreement to purchase or rent a property was one page, but now the basic agreement is multiple pages accompanied by multiple disclosures or addendums. In any area of the country, it is increasingly important in today's in...

Thursday, December 31, 2015

Property Management Blog

Handling Emergencies and Disasters

Emergencies and disasters happen and most of the time they cannot be avoided. Webster terms an emergency as "an unexpected situation that requires prompt action" and a disaster as "a grave occurrence having harmful results." In the property management world, we see emergencies as loss of heat, a gas leak, water leak causing flooding i...

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