Thursday, March 28, 2013

Toledo Property Management Tips- Managing Out Of State Properties/Accounting

Many of today's investors own real estate far away from their primary residence. Consequently these 'remote' investors must rely on a property management company. Always insist that all monthly statements include copies of ACTUAL invoice incurred on your behalf.

By insisting on seeing copies of bills paid, dishonest property management companies will have to think twice about improperly billing you knowing you might call vendors to check on work. Trust but verify!

Flex Realty offers Toledo property management, Toledo rental houses, FSBO services, Ohio property management and more!

Tuesday, March 26, 2013

Property Management Tips-Controlling Maintenance Costs

If you own rental property, then you know sooner or later maintenance costs will be incurred. A great way to guard against  repair cost spikes to to get a home warranty. This way you know that all your maintenance costs will be amortized to about $500 per year. Additionally, you can put in your lease that the renter is responsible for the deductible and give themt he phone number...you won't even have to take those pesky maintenance calls any more! Call our office for more details 419.843.4335or go to flexrealtypropertymanagement.com

Flex Realty offers Toledo property management, Toledo rental houses, FSBO services, Ohio property management and more!

Property Management Tips-Posting 3 Day Notices

If you own rental real estate, then you know sooner or later someone is going to pay late or worse yet, quite paying all together. To begin the forced removal of non-paying tenants, or get slow pay back in track, a 3-Day notice is required. We, at Flex Realty Property Management, have found that using neon color paper to print the notices on has proven effective in reducing the number of delinquent notices. It seems that renters become too embarrassed to have their neighbors see these bright colored notices posted to their doors. Try it---you'll be surprised how well it works! For more details feel free to call Flex Realty Property Management at 419-843-4335 or go to flexrealtypropertymanagement.com

Flex Realty offers Toledo property management, Toledo rental houses, FSBO services, Ohio property management and more!