Property Management Blog

4 Reasons Why Hiring a Property Management Company Brings Big Benefits

Matthew Miller - Monday, May 22, 2017

When you first purchased your rental property, you probably did so with the idea that it would be a great way to bring in an extra stream of steady income for you and your family without having to put out a great deal of extra effort. Of course, you, like so many others, soon found out the truth; that owning a residential investment property is a great way to make money, but it also involves a lot of hard work. In today’s busy world, adding even more to our plate is probably not the best idea. Owning and self-managing a property can mean long days, longer nights, tedious tasks, and if you are not careful the expenditure of more money. Maintenance costs, fees, licenses, lost income opportunities, repairs, and possibly even litigation from simple mistakes that can turn bad very quickly.   Read More

How to Protect Your Property From Tenant Damage

Matthew Miller - Monday, May 08, 2017

One of the more important concerns of property management companies and rental property owners is tenant damage.  While a rigorous screening process can help to reduce the possibility of your property getting damaged by a bad tenant, it’s not 100% guaranteed that it won’t happen at some point in time.  However, there are certain precautions that you can take that will help you avoid a potentially disastrous situation.  The following will help protect your property from tenant damage.  Read More

How to Cope with Tenants Losing Their Jobs

Matthew Miller - Friday, May 05, 2017

As a rental property owner and landlord, there are a number of factors that you have to be concerned with. Besides collecting rents, maintaining the property, and responding to tenant complaints, there are other concerns such as what you need to do if a tenant loses their job.    Read More

3 Reasons to Market Your Rental Property Listing Online

Matthew Miller - Tuesday, April 11, 2017

Computers and the internet have proven to be extremely beneficial for a broad range of businesses in a variety of industries, including real estate and property management.  The use of blogs, social media as well as internet listings enable you to post and share valuable information regarding your rental properties.  Furthermore, utilizing the internet to advertise your properties helps you build a strong online presence while at the same time establishing you as an authority in your field.  Read More

Ways to Attract the Ideal Tenant

Matthew Miller - Thursday, April 06, 2017

As overseers of numerous rental properties, property management companies interact with hundreds of prospective tenants on a daily basis.  As the owner of the property, the same also holds true if you are managing it yourself without professional help.  The difference is that there is a higher risk that you will rent to a bad tenant compared to the caliber of individuals that property managers approve for their rental properties. The bottom line is that being your own landlord is not for everybody.  Read More

Understanding Property Management Background Screening

Matthew Miller - Monday, March 06, 2017

One of the many responsibilities performed by good property management companies is protecting the client-owner’s investment.  There are a few ways in which these firms accomplish this with the most common being a rigorous screening process.  Depending on the number of properties that they manage, some companies will process dozens of applicants during their work week.  Read More

How Property Management Companies Market Your Property

Matthew Miller - Thursday, March 02, 2017

In the real estate industry, the success of a property management company is often measured by the extent of the services they offer the client and their tenants.  One of their responsibilities is ensuring that properties are leased or rented to a better caliber of tenant.  Prior to that, it’s a matter of marketing your property in order to attract a number of applicants for the screening process. And that helps the property owners as they don’t have to worry about the vacancies after they hire such professional agencies.   Read More

Summertime is the Time for Securing Your Property

Matthew Miller - Monday, February 20, 2017

With springtime quickly approaching, now is the time to make sure your property is properly secured for the summer season.  Whether you lease your property out for a year at a time or it’s primarily rented as a vacation rental home, you need to ensure that certain security measures have been implemented and are operational.  Summer is the time when you have bored teenagers hanging out and looking for the adrenaline rush that comes from getting into mischief.  Read More

How Property Management Companies Stay informed About Future Trends

Matthew Miller - Monday, February 13, 2017

A great property management company keeps their fingers on the pulse of their industry and knows what lies ahead for them as well as their clients.  They stay informed about economic trends and the potential impact that it could have on their business and their industry in general.  By staying prepared about what could eventually come to pass, they are able to roll with the punches and keep their client’s best interests in mind while at the same time protecting their investments.  Read More

Is it Time to Change Property Management Companies?

Matthew Miller - Wednesday, January 18, 2017

Although many first-time real estate investors decide to manage their own properties, this may not be the right decision for you.  In some cases, you might not live close enough to your properties or you have no one to check on them on a regular basis.  Maybe it’s a matter of having too many properties and you simply don’t have the amount of time required to manage them.  Or maybe it’s just a matter of not wanting to have anything to do with hands-on management.  Read More

Signature Property Management • 9464 Chamberlayne Road, Suite #200 • Mechanicsville, VA 23116

Phone: (804) 571.0211 • Alt. Phone: (‚Äč804) 746.7466 • Fax: (804) 423.2403

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