Survey Results from Software Advice

Here's a link to the results of the Dec.6th Survey survey we posted from Software Advice. Some of you participated in Software Advice's property management technology survey . Their goal with the survey is to create a 2009 snapshot of how property managers are using the vast amount of technology available to them.

They discovered some interesting things, including how many more units per employee a company can manage using property management software versus other systems.

To view the survey results Click here.

The cost of rehabbing your investments - Expect it

Author: Joe Lavid of Property Management Inc. of SW Florida

I have a client "venting" his frustrations about the expense of upgrading his newly purchased duplex - a "foreclosure” that he rehabbing to get ready for tenants.

Does he have the right to vent?

The duplex purchased was for $55,000, and to get it ready for tenants he will need to spend about $3,500. The property 2 years ago sold for $240,000, overpriced maybe - but the revenue he will be receiving on the 2 units will be in excess $1300 a month.

People, who invest in these types of properties (foreclosures), do so in hopes of making good returns from them. Trying to set aside funds and budgeting is very important when dealing with a investment property. These costs include the cost of repairs, taxes, and advertising. The repair costs and taxes depend upon the age of the building and a proper provision for them has to be kept while determining the return from the realty.

Does he need a property manager? Well he resides in Europe, so definitely! For others, well the thought of dealing with tenants, preparing leases, taxes, maintenance, credit screening, annual reports, and eviction to name a few would be something to consider when taking a investment property.

Learn more about Property Management Inc. of SW Florida

Survey: How are Property Managers Using Technology?

Since Software Advice launched their property management software buyer’s guide in early 2009, they have talked with over one thousand people during their search for property management software.
This week, they are moving from the anecdotal to the empirical with our Property Management Technology Survey.

The survey is a short one – only 15 questions – and will only take you a couple of minutes to complete. Their goal with the survey is to create a 2009 snapshot of how property managers are using the vast amount of technology available to them.

Help them out by participating in their survey

Go to Survey Now

Featured Property Manager of the Week - Home Property Management II, Inc.

Home Property Management II, Inc. - Palm Beach Gardens, Florida


When you hire us to manage your property, you can expect this:

• We advertise on almost50 websites
• We list your property for rent in the Multiple Listing Service
• We show to prospective tenants 7 days per week.
• Your property can have a custom marketing video online.
• We screen applications for credit and eviction history.
• We negotiate an attorney prepared lease that protects you.
• We collect your rents and security deposits. Tenants can pay rent online and we accept credit cards for rent. No one collects your rent faster.
• If you're here because your tenant has stopped paying? You get discount evictions AND with our Eviction Protection Program, you won't have to pay to ever file another eviction again!
• We deposit your rent electronically into your bank account in two days, or send you a check by snail mail. No one pays you faster.
• We post your financial transactions online every day to our website with your username and password, you can log into your account. See when your money will arrive in your bank account. Keep an eye on your costs.
• We inspect your property frequently every year, and offer you online video inspections
• We repair and maintain your property using reputable vendors
• We prepare your property for the market so you don't have to.
• We prepare your security deposit refunds or claims per the Florida Legal Statutes. This is vitally important!
• We represent you in insurance claims. After 3 hurricanes in 2 years, we're experts!
• We coordinate utility accounts, cleaning, appraisers, adjusters, repairmen, etc... our hurricane response program is incredible, and has saved our clients thousands of dollars.
• We constantly communicate with you via email, toll free lines, emergency repair lines and webmarketing reports.

Learn more about Home Property Management II, Inc.

Find property management companies in Florida

Featured Property Manager of the Week - T-Square Real Estate Services

T-Square Real Estate Services Inc. - Woodinville, Washington

is a licensed real estate brokerage company that specializes in managing residential homes, multi-plexes, apartments, and commercial properties.

T-Square offers a superior level of service for those property owners that value expertise and understand the importance of a truly professional management company. At T-Square we pride ourselves on our ability to deliver value to our clients by building uncompromising and long-lasting relationships with our property owner clients.

T-Square maintains active membership in the following professional organizations:

• National Association of Residential Property Managers
• Institute of Real Estate Management
• Northwest Multiple Listing Service
• Residential Housing Association
• Commercial Brokers Association

Learn more about T-Square Real Estate Services

Find property management companies in Washington

Featured Property Manager of the Week - DuBose Realty Group

DuBose Realty Group - Southfield, Michigan

DuBose Realty Group is a full-service Property Management company servicing Detroit and its surrounding suburbs. We manage single family homes, flats, apartment buildings, condominiums, and cooperative associations. We are affordable and reliable, and our goal is to get the highest return on your investment while making your experience as a landlord easy and worry free!

Our services include, but are not limited to:

• Aggressively Marketing Your Vacant Properties

-On our Saturday Morning FM Radio Show
-On our billboard signage and in the Malls
-With Several Section 8 Offices
-On the MLS System
-With Insurance Relocation Services
-Email Blasts
-With Corporate Relocation Services
-On the internet

• Frequent Open Houses
• Tenant Screening and Placement
• Rent Collection
• Full Maintenance and Rehab Services
• Home Inspections
• Eviction Services...and more!

DuBose Realty Group is a licensed full service real estate agency as well, therefore should you want to sell your portfolio of rental homes, or purchase new ones, we can help! We are proud members of the National Association of Realtors and the Detroit Association of Realtors with complete MLS access. We want to be your Make-It-Happen team!!

Learn more about DuBose Realty Group

Find property management companies in Michigan

Featured Property Manager fo the Week - Oz Accommodations, Inc

Oz Accommodation, Inc. - Lenexa, Kansas

The company was founded April 15th, 1993, to be the premier provider of Corporate Housing in the Kansas City Market. The company expanded services to include Property Management, Real Estate Brokerage Referral Services, Real Estate Investment Consulting Services, Property Rental Services, and Property Maintenance Services. Oz has enjoyed substantial growth while earning a reputation for excellence, making Oz Accommodations the preferred provided of reality rental services for real estate investors with rental property.

Oz Accommodations Inc., offers property owners peace of mind with services and experience to make your property investment, yield maximum returns. Our mission is to protect and enhance your investment performance while providing you trouble free, high quality, property management, with INTEGRITY. We are well connected with Kansas City's Best Corporations looking for quality properties, for transferees and executives. We can offer property owners a broader market of potential high quality renters. We work directly with other leading Real Estate Firms in attracting potential renters. Oz Accommodations can customize the best possible plan to achieve your property investment objectives. The following represents summary of our services.

Oz Accommodations has invested heavily in technology enabling our owners to access data regarding their respective properties via the web, to get real time information of accounts receivables of tenants, collection effort activities, rent rolls, information of transactions such as money received, money disbursed, and maintenance activity.

Learn more about Oz Accommodation, Inc.

Find more property management companies in Kansas