Remove Document Remove Professional Property Management Remove Residential Property
article thumbnail

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. If you decide to keep these applications, Please be sure to store them securely. When did he or she pay?

article thumbnail

Scaling Up: Transitioning from Single-Family to Multi-Family Rentals

Real Property Management Chicago

Choose a Property Type Perhaps the first thing to understand about multi-family rental houses is that there are two main categories. Residential properties are multifamily structures with four or fewer units, while properties with more than four units are typically commercial properties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Essential Lease Portfolio Management Software Features for Real Estate Investors

MRI Software

An effective lease management solution not only streamlines administrative tasks but also enhances decision-making by providing real-time data on lease expirations, rental income, and tenant obligations. A centralized document management system eliminates the hassle of searching through paper files or multiple digital folders.

Lease 52
article thumbnail

7 Ways a Property Management Company Makes Things Easier for Rental Homeowners

Real Property Management Choice

That’s where a property management company steps in. Regulatory compliance Ensuring compliance can be daunting for first-time buyers, as they may not be aware of the current regulatory requirements for renting and managing a residential property. That’s where a property management firm can save the day.

article thumbnail

The Value of Choosing PMI for Association Property Management

Property Management Inc.

This article explores the key benefits of professional management with PMI, from reducing stress to increasing property ownership value. Why Professional Property Management Matters 1. Expertise You Can Trust PMI offers more than just residential property management services—it offers peace of mind.

article thumbnail

How To Make A Rental Application Form That Complies With The Law

Rental Choice

After that date, the limit will be one month’s rent except for landlords who own a certain number of residential properties and units for rent. Signature and Fees The landlord should include a dotted line where applicants can sign and date the document, whether it’s a physical or online rental application form.