Key Takeaways Leasing-only: Marketing, screening and lease signing lead to a handoff, with ongoing management returning to the owner. Full service: Rent collection, maintenance, inspections and notice coordination continue throughout the tenancy. Cost comparison:...
Key Takeaways Written standards: Set lawful screening criteria before applications arrive and apply them consistently, including reasonable accommodations. Separate deadlines: Lease disclosures, deposit handling and repair-entry notices each need their own paperwork...
Key Takeaways Automation: Software handles repeatable tasks like rent collection, maintenance tickets and listing syndication, while people handle fieldwork and disputed decisions. Judgment: Screening reviews, Florida notice timing and vendor disputes need someone who...
Key Takeaways Property management fees are one line item alongside repairs, vacancy loss, insurance, taxes, and reserves. Use current insurance quotes and property-specific tax figures instead of a statewide average. A vacant unit loses potential rent every day, even...
Key Takeaways Full-service management delegates day-to-day tasks, while self-service tools leave the owner coordinating the work. Software may cost less upfront, but the owner still supplies labor for showings, application reviews, and repairs. Notice templates need...
Key Takeaways Start with comparable listings that are currently active and recently leased in your immediate neighborhood, not city-wide averages. Adjust that baseline up or down for condition, updates, and unit-specific features like parking, in-unit laundry, or a...