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A cooperative is a legal corporation that owns a residential property. Each tenant is a shareholder of the cooperative. The board of directors is elected to represent the shareholders.
A resident apartment manager, usually referred to as the RM, is generally responsible for well-ordered operations of an apartment complex or housing development facility. This is a full-time...
A property manager oversees the day-to-day operations of residential and commercial facilities. Reporting to a property owner, or to senior management within a property management firm, he...
Leasing agents work closely with property managers or landlords to assist in securing low vacancy rates. They market to prospective tenants and provide housing options that meet tenants' needs and...
A leasing agent works for landlords of businesses, companies, shopping centers or real estate properties. The leasing agent helps to find tenants and renters for the property. Some leasing agents...
Working as a property manager requires a wide range of skills. You must be able to attract tenants, build relationships, manage the property's books and coordinate contractors for maintenance and...
In today's increasingly competitive leasing market, it is becoming progressively more important for building managers and owners to build, and to maintain a positive status quo with their tenants....
The leasing agent has a wide range of responsibilities related to successfully filling real estate properties with quality tenants. Some may specialize in residential real estate for individuals...
Although the daily tasks of apartment managers vary, responding to tenant complaints is an essential part of maintaining a thriving apartment community. The efficiency in which complaints are...
The recent housing downturn has ironically produced opportunities for some property owners, particularly those who own rental units. If you're new to this, here are some solid tips to make sure...
Successful property managers are Jacks (or Jills) of all trades. Although some of their time on the job is structured, most of it is spent responding to the landlords' concerns, the tenants' needs...
It's important that landlords protect themselves by listing some critical information in each lease agreement.
You have seen all the ads NO MONEY DOWN, overnight income, well some of this is true but most isn't. You can invest in properties for rental income, but it is more challenging then the...
Property managers oversee a variety of properties ranging from residential homes to retail stores. They provide many functions depending on the properties' needs. Essentially, their goal is to...
Renting out a home to tenants can be a big decision. It's a great way to add money to your family's income while helping people who are looking for a place to live. If handled correctly, renting...
A property manager starts the workday by checking voicemail for any messages that came in overnight. Tenants may call about needed repairs or payment concerns. Property owners also will call and...
Manhattan is one of the most expensive real estate markets in the nation, and buying a condo or co-op apartment can be challenging because of the stringent rules imposed by building boards of...
Fixing problems, collecting rent and playing peacemaker—those are just a few of the job duties of a landlord. Being accountable for money and mayhem can be more than you bargained for but...
Becoming a Section 8 landlord isn’t difficult. In fact, if you own several rental properties, this might be one of the easiest ways to find tenants. Section 8 helps lower income families...
Being a landlord can be extremely challenging and you have to be suited to handle the crisis and responsibilities that come along with it. It is definitely not an easy task to take on and can be...
An apartment lease contains all of the important information pertaining to the rental agreement between a landlord and tenants. The lease is considered a legal document and can be used to settle...