article thumbnail

7 Best Books for Rental Property Managers [in 2022]

The Robert Weiler Company

Whether you are just starting out as a rental property manager or an experienced property manager looking to refine your strategy, education is essential to taking the next step and succeeding. New and aspiring rental property managers want a comprehensive introduction to the rental property business.

article thumbnail

How to Buy a Rental Property: Get Tips from the Experts

PennyMac

Decide If You Have the Ability and Funds to Be A Landlord. Being a landlord can be a rewarding and lucrative job, but there are useful (and sometimes necessary) abilities you need. Otherwise, you may need to hire a property manager. Property taxes. Taxes and Real Estate Investment. Maintenance costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

When it comes to property management – and property management companies – a great debate rages on. While Franklin knew that death and taxes were guarantees, how those taxes are paid, and who’s managing the properties taxed is anything but certain.

article thumbnail

Buying a Second Home – What You Need to Know

PennyMac

Renters rely on landlords who take care of their property. Even if you aren’t living in your second home or renting it out, you still have to take care of the property. If you’re renting, there’s also landlord insurance. Budget for times when a rental property doesn’t have tenants or if you rent for short-term periods.

Tenants 36
article thumbnail

How To Find & Lease Commercial Space for Rent in 2022 [Full Guide]

The Robert Weiler Company

Ultimately, the landlord has the upper hand in the relationship and can change the terms of the agreement due to the short-term nature of the commercial rental space. A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord. monthly, quarterly) for using the property.

Tenants 144
article thumbnail

Introduction to Lease vs. Own Commercial Real Estate Analysis

Property Metrics

In addition, they may benefit from leasing excess space to other tenants, favorable loan interest rates, and the comfort in knowing that their rent isn’t subject to the whims of a landlord. In fact, the landlord may even provide a tenant improvement allowance to fund all or some of the interior buildout.

article thumbnail

Lunch & A Divorce Lawyer LIVE with Attorney Peter Olson and John Tsiaousis

Chicagoland Appraisal Blog

TRANSCRIPTION: If you’re buying, selling, divorcing, filing bankruptcy, fighting your property tax bill, etc…it’s super important to value your real estate correctly. There are a lot of other products that we can do and the last will be property tax appeals which have been big over the last several years.

Appraisal 148