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PROPERTY MANAGEMENT BLOG
Author:host Created:10/7/2008 8:02 PM
Property Management

As October 31 approaches, your youngest residents are anticipating a night filled with costumes and candy. While the holiday is all about celebrating the spooky and the scary, you don’t want that to turn into reality. Whether you manage a rental home on the side or own a small building, ensure that everyone involved has a safe and fun Halloween by taking the following safety precautions on your property.

 

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 You might relish getting the be-jeebers scared out of you this time of year, but operating an apartment community shouldn’t be such a bloodcurdling thing.

In many instances, just the thought of reaching full occupancy and dealing with the day-to-day business of maintaining such a huge asset can spin the heads and cross the eyes of onsite managers. And just when they think they’ve outmaneuvered those zombies giving chase, there is plenty more out there to send a shiver up their spines.

With Halloween just a day or so away, we’ve discovered there are a few frightening things that could stand in the way of effective property management. And the last thing anyone wants is a ghostly experience while trying meet expectations from investors.

So, beware of these alarming things and ward off evil by positioning your property for success:

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Homes make strange noises. They’re built from many different materials — glass, concrete, wood — that expand and contract at different rates.

“[But] the most noise your house should make is a popping sound, like your knuckles cracking, and only once in a while,” said Bill Richardson, former president of the American Society of Home Inspectors and owner of Responsive Inspections in Bosque Farms, N.M.

If your home is making noises that rival the best of Metallica, then it may be sending you signals that there’s a problem. We asked the experts to catalogue some of the more worrisome pops, hisses, groans, creaks and knocks, and tell us what they mean and how they can be remedied.

Here are the top seven problem noises and how they can be solved.

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 When potential tenants are looking for a property to rent, you can bet they’re reading listing after boring listing, so how can you make yours stand out as the perfect home? Writing an attractive listing is difficult, as you need to cater your description to someone you have never met. How do you know which aspects to highlight? Also, how can you make your property sound different from the others in your area? Follow these tips to write an eye-catching rental listing.

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The number of fake rental scams on Craigslist and other online classifieds continues to grow, with new aliases appearing daily. But while the names may change, the methods are always the same. These thieves, mainly based in Nigeria, the U.K. and the U.S., are out to steal renter’s money and identity.


 

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Americans are more in tune with their snack cakes than fire safety. A survey conducted by ORC International on behalf of Kidde Fire Safety reports that almost five times as many Americans know the shelf life of a Twinkie over the recommended operating life of a smoke alarm. Thus, your residents might be making more of an effort to rummage through the cupboard than checking perhaps the most important safety feature in the home.

Properly working smoke alarms cut the chances of dying in a fire by half, according to the National Fire Protection Association. They are largely responsible for the significant decline in fire-related deaths in the last 30 years.

For landlords, smoke alarms are inexpensive potential safety nets that protect lives and property if properly maintained.

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Landlords across the country will tell you that they are the best when it comes to singling out a bad tenant no matter how good they try to conceal themselves. However, nearly every property owner is dealing or has dealt with fraudulent and unmanageable tenants who have caused them problems over the years. This is one of the biggest problems that a landlord can face when it comes to property management, since it affects their income and increases their expenses at the same time.

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Commercial property management is designed to meet the demand of landlords who own commercial properties. The process of managing the property then solely falls on the property manager, who has supervision of the property and has to look after the upkeep, leasing, collection of rentals, screening tenants and any repairs that the property may require. Properties that qualify as commercial properties are any type of property that is offering some form of business venture to the public. For instance, space for retail stores, and multi-storied apartment buildings.

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Property managers in the industry today are leaning towards hiring a property management company who looks after the property and deals with the daily operations of the business. Like every other industry, there are some good companies and some bad ones. Therefore, a property manager must choose a management company that is going to make their work easier rather than harder. The amount of properties an owner has does not have any bearing whatsoever on the process of hiring an effective property management company.

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As a landlord or property manager, the move-in process can be a little tricky at times. Sometimes unique circumstances create a move-in that strays from the usual, but that may cause certain difficulties at the end of the lease. No matter how friendly your new tenants seem, it’s always safer to follow regulations at the beginning of each and every lease. This way, you can avoid any surprise issues at move-out. The best way to protect yourself as well as your tenants is to use a move-in checklist.

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If you're looking for assistance managing your residential or commercial property, or in running your homeowners' or condominium association, please contact us for a free assessment or simply submit a request for proposal. We will be glad to provide you with a comprehensive list of services that are tailored to your association needs. If you're looking for a dependable and reliable company to provide these services at a fair price, call us today!
 
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