Recent Study A recent study shows that about 25% of property managers are optimistic about the future and 47% are somewhat passive and 28% are negative. For those negative 28%, the biggest issues are overworked, underpaid and stressed by the demands of the clients, which are ever increasing. People Challenges Many property managers are keeping…
Rent Control Advocates If you do any amount or reading or watch any news, advocates are everywhere and for every cause. Some good, some not so good. Rent control is no different. There are advocate groups pushing for rent control. A recent defeat in CA had set the rent control push, a few steps back.…
Offering Pet Friendly Amenities With so many households owning pets (est. 70%), offering pet friendly amenities will attract a larger pool of potential renters. These pets are ‘children’ to these families and if you are willing to show some ‘love’, property managers might just reduce your vacancy rate. Being a pet friendly place can be…
Oh, the joys of working remote (aka:telecommuting). Flexible travel, hours, locations all have an enticing draw to them. With improved technology, working remote is now possible whereas a decade ago, it wasn’t. But Can You Handle it? Everyone is different. From extroverts to introverts to emotionally needy individuals to the secure and insecure to the…
Real Estate Investors Need to be aware of which markets are experiencing strong population growth. Having this knowledge will help you decide where to put your real estate dollars. Top 20 Long-Distant Destinations States About PropertyZar PropertyZar is a real estate technology company specifically in the web-based property management software for owners and professional property managers. Read more Top Property Management Blogs.
Depends on what type of investor you want to be. Profits are made in both scenarios but choosing the right strategy depends on several key factors. Consider your age, need for cash flow, retirement goals and many other factors. Holding Properties Buying and holding properties usually are for longer term investments for the purpose of cash…
There is no argument, technology has changed the landscape of nearly every industry in the world. That includes property management. There are many positive outcomes from technology but also some downside. So, should you abandon technology and go back to a more one on one personal relationship with your tenants? In short, No! However, there…
Real estate is unlike other investment strategies like bonds or stocks. Congress has laws in place to reward investors who invest in real estate. Why? Well this country needs housing and government isn’t into housing (for the most part), so they encourage anyone who wants to provide housing by offering tax incentives. Additionally, real estate…
To be straight up, there is good and evil in this world. God and Satan or any other label you ascribe to. As such, we are experiencing different methods of which these evil acts are carried out. Whether there is an increase in the number of attacks or not, that’s a topic that requires more…
Let’s face it, people usually do not enter a legally binding lease with the intention of breaking it. Sometimes life deals us challenges that conflicts with our current lease. Whether its job related, family or health issues. There is a plethora of situations that can arise that will have you asking the question, ‘How can…