A Policy for Maintenance? How to get a grip on costs that just seem to evade control?  That's our topic today. In 2023, when business turns a little sour, cuts to maintenance are often the easiest, no-brainer response to lowering property management costs. Of course, that impacts residents and HOA members, if it's applied in…

Manage Your Property Management Costs Rising costs are a growing concern for landlords and property managers this year as inflation eats more of their profit margin. If you haven't managed the cost side of your balance sheet, then this short term pressure is actually a blessing.  Now you'll finally be making efforts to streamline, reduce…

Reduce Your Rental Property Income Taxes As we close out year 2023, the matter of property tax deductions is the hot topic. For many landlords in high tax cities and states, the matter of taxes owed is a huge business problem.  As the chart shows, high taxes are an estimated 34% of operating expenses.   While…

Spring Property Maintenance Checklist Spring of 2023 is not far off! Maintenance staff are readying themselves for their spring schedule of fixes and repairs to keep assets in top condition. Owners feel good when their properties look good, serve tenants well and their property values are protected. Spring is a special part of your complete…

Property Manager's Top Challenges 2023 As we enter 2023, landlords and property managers are awakening to the daylight of a new era of business. There's been many changes in the last few years and 2023 is bringing more. New surveys are finding a shift in the property management business landscape, and it's not just the…