Why It Matters More Than You Think by Blake Koch We often think of air filters as simple, routine maintenance items in our homes, something to be checked every few months, but generally out of sight and out of mind. In single-family rental properties, where tenants typically have more autonomy than in multi-family buildings, providing a simple process/solution or even a guide on how to change air filters can go
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Why Investors are Using Managed Service Providers in 2024 By Fay Smith Modern property management cannot do without managed services. Investors compare managed service providers (MSPs) to dynamos, citing their ability to clear the way for resources, render assets “bulletproof,” and exponentially increase property values. MSPs are typically defined in real estate as third-party providers of services related to property and asset management. For example, MSPs may offer services like
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Leveraging Data and Partnerships for Investment Success By Dan Noma, Jr. The real estate investment landscape is rapidly evolving, presenting both exciting opportunities and significant challenges. Traditionally, the most powerful tools for making informed investment decisions — such as institutional-grade market analytics and access to off-market properties — were reserved for large, well-funded institutional investors. However, thanks to new marketplaces like Easy Street Offers, these advanced tools are now available
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What Coverages are Necessary? By Shawn Woedl If you have hired a property manager (PM) for your rental properties, they likely will (and should) carry Professional Liability or Errors & Omissions coverage. These insurance policies help protect them if their inadequate work or negligent actions while performing property management duties lead to a lawsuit. But what if you perform property management duties yourself? Did you know that if, while performing
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The Benefits of White Labeling and Outsourcing Maintenance Services By Bryan Lysikowski In the multifaceted world of property management, efficiency, and tenant satisfaction are paramount. Property managers must juggle numerous responsibilities, from tenant relations to property upkeep, making it crucial to find effective solutions for routine and emergency maintenance. One strategy that has proven particularly beneficial is white labeling and outsourcing maintenance services. This approach not only saves time and
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The Benefits of Landlords Becoming Licensed Insurance Agents By Valerie L. McGehee, PhD In an increasingly competitive real estate market, landlords and property management companies constantly seek innovative ways to enhance their revenue streams and add value to their services. One promising avenue is becoming licensed insurance agents who can sell renters insurance policies to their tenants. This strategic move offers a myriad of benefits, both financial and operational, that
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