Archive May 2009

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Property Management Matters: When to Green Your Rental - May 28

“Going green” is the new trend, and if you’re like most landlords this sounds expensive. But from an operations and marketing perspective, the time is ripe to consider using environmentally-friendly building materials or renewable energy-related home systems when renovating and remodeling...

Intelligent Investors: Is your time worth at least $20 an hour? We thought so. - May 21

How much time do you have on your hands? Did you know that hiring property management can save you hundreds of hours’ worth of do-it-yourself management tasks? Not only that, but hiring a property manager relieves you of the need to develop a network of trusted maintenance partners. That’s why we are here.

Accidental Landlord: Renting Remotely - May 15

We’ve gotten quite a few calls recently about renting a property you own from afar. It’s one thing to rent out property located in your zip code or metro area, but quite another to manage it when you live out of state or even overseas.

Property Management Matters: Are you setting the right rent? - May 8

Landlords know that location matters—but so does setting the right rent. Price too low and you don’t make maximum cash flow. But go too high—especially in a recession—and you run the risk of watching your rentals sit vacant, costing you money each day they’re empty. Consider these factors when setting rent in a down market:

Intelligent Investors: Can you refinance a rental under Obama's bailout plan? - May 1

Under the Obama Administration’s Making Home Affordable refinancing and modification initiative, some investors will be eligible for a broad array of refinancing and modification options. While the program is aimed at primary homeowners, rather than investors, if you use at least one unit of a duplex, triplex, or four-plex as your primary residence, then you may be eligible for a loan modification or favorable refinancing.