104
Million Online. Not only is Internet usage growing, but it is growing across all
demographic classifications. Is true Internet based landlording
really becoming practical?
Balance
Sheet, The: What Does It Mean? How to read and understand the components of
a balance sheet, and prepare
one for your own business.
Budgeting
Key to Investment Success. Learn why you need a budget for your investment
properties and how to
create one.
Evolution
of Property Management, The. How technology is changing the property
management profession.
Fair
Housing & "Reasonable Accommodations" Bob Cain How
to and how not to deal with this troubling issue.
Hiring
a Home Inspector? Getting an independent property inspector to look over a building
before
you buy it is a good idea. Here is what to look for when selecting
one.
How
to Collect Debts Other People Owe You. A very nice how to article with tips you can
apply to collection from
former tenants who owe you money.
How
to Deal With Angry Tenants This is courtesy of the Institute of Real
Estate Management. Formulaic account of how to deal with angry
customers. Though somewhat simplistic, still contains some useful
suggestions in the second half of the article. Skip the first half
about how everyone is short of time if you are short of time. Aside:
Congreve actually wrote: “Music hath charms to soothe a savage breast,/
To soften rocks, or bend a knotted oak.” It doesn’t have
anything to do with beasts.
How
“Real” Is Your Independent Contractor Status. Many landlords have handymen and
others whom they classify as independent
contractors for tax and other purposes. But simply saying someone is
an independent contractor is not enough to make them so. They may
still, in reality, be employees, and a failure to realistically evaluate
their status can lead to big problems down the line. This note on a
Georgia appellate court decision evaluates and “independent”
salesperson’s status in view of the amount of control the broker sought
to exercise over her activities. This is applicable to any
independent contractor.
See
also our article.
How
to Hire Construction Managers. If you are confronted with a
major repair or improvement job, managing it yourself may take too much
time and overtax your expertise. If so, learn how to select someone
to manage the job for you and how to deal with him.
How To
Keep On-Site Managers. Sound tips on finding, recognizing, and keeping good
resident managers.
How
to Reduce Commercial Utility Bills. The title is self
explanatory, and if you are a commercial lessor, particularly in a third
world, power starved country like California, you need to read this.
How To
Set The Rules For On-Site Managers. If you have a written rental agreement with
all of your tenants you are
doing well. What about the on-site manager? You need a written
agreement with him even more and it should contain all the details about
compensation and his duties.
Merchants’
Private Property Rights Supercede Public Forum Interests. Demonstrators and
others do not have a right to use the private property
in front of your tenant’s business establishments to disseminate their
message to customers.
Online
Communication: The Illusion of E-Mail Privacy. No, email is not private. Its
convenience and speed is
counterbalanced by its openness. Save truly confidential
communication for truly confidential means of communication.
Profit and Loss
Statement, The: What Does It Mean? How to read and understand the
components of the P&L, and prepare one
for your own business.
Property
Manager’s Skill Can Make or Break a Deal. What does a manager of commercial
rental property do and why is it so
important?
Pros
and Cons of a Home Business. This article discusses the practical benefits and
drawbacks of running a
small business in your home. Read this before you decide to open up
shop there.
Records
And Record Keeping. What records should you keep and how should you keep
them? This
article goes over the basics.
Rent
Collections Via the Internet? Purely electronic rent collection and record keeping is
not only on the
way, it is largely here. See what is coming in this article.
Resolving
Disputes. Tips on how to resolve disputes with your tenants short of litigation.
Roommates
and Rent: How to Protect Yourself.
Here is an outline of the ins and outs of
rent sharing between roommates.
If you are a landlord who permits this, give a copy of this article to
your next tenant who asks permission to move someone in to share the rent.
Service
Animals In a “No Pets” Apartment. This article is written from a California point of
view but is still
useful for all the information it gives about the Federal Fair Housing
Act.
Setting
Up a Record Keeping System. Paper is essential to any successful operation, even
in these modern
computing days. Learn how to determine what sort of record keeping
system is best for you.
Setting
Up a Record Keeping System. Describes the two major types of accounting systems
and how to set them
up.
Softening
the Blow of Submetering. Submetering is becoming increasingly popular (see
our article on the subject). This article shows how to sell the
idea to your tenants and implement it with a minimum of resistance.
So You Want
To Keep a Pet But Your Lease Has a “No Pet” Clause. This article is written
from a tenant’s point of view but contains
valuable information on how a local “Pet Ordinance,” such as exists in
New York, or the federal Fair Housing Act can force you to permit one
anyway.
Starting
a Business in Your Home – Is It For You?
Another perspective on home business.
This one asks whether you are
a good candidate for such an arrangement.
Ten
Tips For Being a Successful Landlord. These tips are very good suggestions on what
to look out for as you set
out on your road to success.
Tenants
Must Negotiate Lease’s Words As Well As Rates. This goes for landlords too, so
read this.
Twelve
Steps to Equal Opportunity Housing. This list of tips about Fair Housing Law
compliance should be of interest
to landlords and property managers.
What
Is “Fair Market Value?”
This is a practical explanation of the meaning of that often
used term and
why it is important to you.
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