Property Management Lessons From a New Landlord

BusinessWeek editor Chris Palmeri acquired his first residential rental property in March and faced the usual challenges of property management. Many real estate investors especially the ones who own properties far away from where they live hire a property manager so that they sleep well at night.

Chris a new do-it-yourself landlord was anxious to rent his property quickly and skipped tenant screening. Once landlords are burnt by a tenant they never skip tenant screening. Read 5 tips for tenant screening in today’s market to make sure that you do not make this error.  He has managed to rent his property to new tenants. The best part is that he is looking to acquire another property.

Read his story on BusinessWeek by CLICKING HERE

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Tags: Landlord, online property management, Property Management, Property Management Software, Property Manager, property managers, rental property, rental property management

This entry was posted on Monday, October 26th, 2009 at 1:02 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.