Category: Resident Management

Bonus Depreciation for Rental Property

Real estate bonus depreciation has become one of the most valuable tax incentives available to property investors. By allowing an immediate deduction of a large portion of eligible asset costs, bonus depreciation on real estate provides a powerful wa…

9 tips on how to deal with angry tenants

There’s no doubt about it. Customer service is crucial to every successful business. Real estate is no exception. By delivering the best possible service to your customers, you can: Increase tenant retention and occupancy rates. Reduce the likelihoo…

Don’t Use Chicken Wire to Collect Rent!

I recently came across a blog post entitled “Property Management 101: Do Not Use Chicken Wire to Collect Rent Checks” written by Trevor Henson which described a property where they had a drop box which was made of chicken wire and hence full of holes…

The Security Deposit Conundrum

Although most residents are willing to pay a security deposit at the beginning of their residence, during move-out time clients often expect the deposit to be refunded in full, regardless of the amount of damage they’ve caused to the unit. In f…

Is Your Property a “Sick Building?”

Are your tenants constantly dry coughing, dizzy, or complaining of headaches?  Is there a specific conference room or area that always causes a scratchy throat? Although most people will fall ill at some point in their lives and need to take a sick d…