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Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

However, even more than that, when you hire property management experts, you can acquire benefits and expertise that numerous do-it-yourself landlords lack. If you are still unsure about hiring a property management company, the following are six reasons why professional property management might be your best option.

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Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

If you’re looking for the best property management books around, we’re here to help. Our professional property managers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties. It includes reference templates.

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Do Property Managers Pay For Repairs? Here’s The Truth

Bay Property Management Group

So do property managers pay for repairs? The short answer is no, not technically, but that doesn’t mean it is paid by the landlord or owner either. As a central voice of rental property management in Northern Virginia and elsewhere, we advocate for transparency and clear responsibilities for all clients.

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10 Signs That Real Estate Investing Is Not Right for You

Real Property Management Chicago

You Don’t Enjoy Dealing with People: As a rental property owner, you must deal with renters, neighbors, real estate agents, contractors, and plenty of others. If dealing with people is not a topic that appeals to you, rental property ownership might not be the best fit for you.

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How does a Property Management Company in Torrance Benefit Landlords?

Real Property Management Choice

Avoiding bad tenants, lawsuits, and scams is one of the main benefits of hiring a professional property management company. Less legal issues Experienced and professional property managers who work with property management companies know that a single bad tenant can cause financial and legal headaches.

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7 DOCUMENTS EVERY LANDLORD SHOULD HAVE ON FILE

Real Property Management Choice

As a landlord, if you haven’t given much thought to the documents you keep—and those you discard—you risk being unable to defend your position in a dispute or pursue the tenant to collect damages in the event that becomes necessary. This also applies to written communication between you and other parties for any property related issues.

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Rental Property Tax Forms–What is Required?

Real Property Management Choice

Issuing IRS Tax Forms: Am I Required to Issue a 1099 to all of my contractors as a landlord? The New Year brings with it tax time, and as a rental property owner you are responsible for ensuring tax laws are followed and IRS forms are issued. Do You Know What Rental Property Tax Forms You Need to File?