Over the years, I have occasionally come across property management companies that, unbeknownst to the property owner, add an extra charge to the cost of services and projects in order to put a little more money in their pockets. They may get a contractor to add a percentage on top of their bid amount that […]
Property Management vs Asset Management
Which Do You Trust With Your Investment? Investors, you want to know the difference between property management and asset management before you hire someone in which to entrust your investment. Because there is a difference. Property management and asset management are two different professions. Property management concentrates on the day-to-day operations of a property. People […]
#1 Attribute in Property Management
I want to let you in on a little secret – It is ATTITUDE! To me, one of the most difficult tasks of managing real estate is having the right personnel in place who are all fulfilling their responsibilities. The real estate itself is pretty straight forward. Real estate isn’t moody, it doesn’t get complacent, […]