Nowadays, property owners get a bad rep, and commercial property management companies are no exception. All we see on social media these days is the worst of the worst examples of management that leave their tenants with poor conditions for high rent or lease agreement costs. It would be every commercial property management team’s worst nightmare to see one of their properties become infamous due to a negative viral video. However, the reality is that most management companies do care about the well-being and satisfaction of their tenants but often manage multiple properties, which can cause difficulty. But there are still ways to be responsible and proactive as a commercial property management firm to keep your tenants happy, and it just takes a little bit of effort. Here are a few tips that can get you on the right track. (more…)
Posts Tagged ‘ Property Management ’
Investing is never easy, and there are always risks involved, no matter what. A lot of sectors require a lot of involvement after investment to ensure the best results. Luckily, commercial real estate is not one of them. For example, you can hire a property management company to essentially take care of the building you helped to create. They can take care of maintenance, repairs, and leasing of the property after it is built. Having a great property management company will do wonders for your commercial property and make sure it is rented to full capacity. But there are thousands of property management companies out there. How will you know which one to choose from? Here are some tips for finding perfect property management for your commercial property or business center. (more…)
For many successful businesses, the magic formula comes down to having a great business plan, at the right time, in the right location. After all, if your business isn’t where people can find you, it doesn’t do any good to have gotten the other factors right. You’re not trying to spend too much on rent every month, though, even for the perfect space. Whether you’re first opening up or moving someplace new, keep these tips in mind for negotiating your retail lease. (more…)
If you are looking for a new commercial property to rent or own, or you already have a location, your next step may be to look for the right commercial management company. Either one of these tasks is no easy feat, as many realtors and commercial management companies exist all over Maryland, Virginia, and West Virginia. However, with this checklist in mind, you can better choose a commercial management company that will fit your company’s needs.
Landlords know how crucial it is to make sure their rentals stay in pristine condition. Landlords can clean out each unit in between tenants, but the place overall will remain in better shape if it receives regular maintenance. Landlords can enforce cleaning rules; below is a look at how to do it.
Emergency preparedness is a major component of a property manager’s job. In truth, property managers have a lot on their plate when it comes to their job description in general. When it comes to creating an effective and efficient emergency plan, certain things need to be taken into consideration. Otherwise, the plan could fail, which may potentially lead to devastating results. Here are a few things to keep in mind for property managers navigating the task of making an emergency plan.
When you have fantastic tenants who take good care of their units and pay responsibly, being a landlord is smooth sailing. However, a landlord’s job is a two-way street, and it takes work to keep your best tenants around long-term. If you are struggling to keep your tenants longer than not, consider the following things you can do.
Attracting and retaining tenants in a commercial property of any kind always remains a challenge for commercial property owners and managers. With several key practices, however, relating to building maintenance and relationships with tenants, you can attract tenants that will form a healthy community.
Property management is a beneficial service for landlords who have multiple tasks on their plate and need assistance with their commercial property. However, it’s often not so easy to find truly stellar property management to look after your high-occupancy abode. Here’s what you need to know in order to discover the best property manager out there.
The spring season has arrived! The daffodils are blooming, the birds are chirping, and the bees and buzzing. As everyone emerges from their dwellings to enjoy the outdoors once again, property managers focus their energy at this time at the dwellings which they oversee. Property managers have various duties toward their rental properties when the warm seasons come round again. If you are a property manager, check out these spring maintenance tips below.