In 2020, the property management industry topped out at over 88 billion dollars in the United States. Steadily expanding since 2017, the property management industry provides a wealth of opportunities for professional and financial growth. Becoming a property manager is a great career for driven individuals with a passion for working with people. Join us […]
Tag Archives: tips for property management
24
Jan
Jan
Tax time can be stressful and confusing for everyone, including property owners and landlords. That said, not everyone is an expert, so it’s important to pay close attention to essential tax documents and requirements. One of the most significant tax forms for landlords is 1099. If you have a management team, like Bay Property Management […]
07
Oct
Oct
Property managers wear many hats throughout completing daily tasks. Property owners may not realize just how much property management and property maintenance go hand in hand. However, arguably a property manager’s most important role is to coordinate and complete necessary maintenance to the home. In addition, rental maintenance is directly linked to tenant satisfaction and […]
01
Sep
Sep
When it comes to job security, seeking out a growing and in-demand industry is a must. For ambitious and detail-oriented individuals, a career in the property management industry may be just what you are looking for. Whether you choose to become a property manager or start your own property management firm, a career in real […]
13
Aug
Aug
As the concept of owning rental properties as a solid investment grows, so does the number of property management jobs needing to be filled. Many individuals may not realize how this industry can benefit their long-term careers. This is a great opportunity for driven individuals looking for both professional and financial growth. Furthermore, ideal property […]
13
Jul
Jul
Facilitating property tours for prospective tenants is an essential part of being a landlord. In fact, this step in the process is just as crucial as marketing to and screening potential renters. Most landlords realize that showing their property in the best possible light is crucial. Sometimes a deep clean, staging furniture, or boosting […]
24
Mar
Mar
Any landlord or property owner knows that one of the most expensive parts of a rental business is tenant turnover. Therefore, finding ways to increase tenant retention is one of the most important things a landlord can do. That said, while finding a great tenant takes work, keeping them around requires just as much, if […]
02
Feb
Feb
In a perfect world, every tenant would move in on the first and out on the last day of the month. However, the reality is never perfect. As a matter of fact, moving in after the first is very common throughout the rental industry. So, when the lease begins on any day other than the […]
22
Dec
Dec
Choosing a bank that has the right services for your rental property business needs involves careful consideration. After all, you do not want to entrust your money to a bank led by someone such as William R. Beamon. Beamon swindled more than $20,000 in rent payments and security deposits from unknowing tenants. To top it all […]
14
Sep
Sep
Remote operations have become more prevalent throughout the property management industry. Many businesses forced into remote work environments due to the COVID-19 pandemic are now realizing how beneficial it can be. In fact, remote operations equal opportunity! Read on as we discuss how companies are adapting processes to working remotely, added benefits, plus how […]
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