Property Management Blog

Monday, September 23, 2019

6 Must Have Questions on a Rental Application
6 Must Have Questions on a Rental Application
The application is the window into your tenant’s life. It is important that you ask the right questions – and don’t ask the wrong ones (see Fair Housing, above.) The following is a list of must-have sections to include and ask on your application: 1. Name, address, phone number, driver’s license number. 2...

Monday, September 16, 2019

Tenant FAQ
Tenant FAQ
We love our property tenants as well as our owners! Here are some helpful Frequently Asked Questions we receive about our rentals.Q. CAN YOU HOLD A PLACE BEFORE I APPLY?A. We are not able to hold a unit before receiving an application. The only way to reserve your spot in line for a unit is to have all applicants fill out an application. ...

Thursday, September 12, 2019

A Day in the Life of a Work Order (Maintenance Request)
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Maintenance requests are submitted by the tenants via the online Tenant Portal in Apfolio. Those requests are sent to our entire team. Uptown Properties employs a maintenance coordinator. She reviews the work orders sent in by the tenants. She will try to trouble shoot with tenants to help diagnose the problem and/or solve the problem. Sh...

Tuesday, September 10, 2019

Taking Care of Your Succulents in Fall
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Succulents love the sun and thrive when grown in proper light conditions. But you’ve probably seen or grown a succulent that gets leggy and stretched out. These leggy succulents aren’t getting the light they should in the space you have it. This phenomenon happens with all indoor plants, not just succulents. You may notice how...

Saturday, September 7, 2019

What is Cost Segregation?
What is Cost Segregation?
What is cost segregation?  So how does cost segregation work? Allow me to explain it in the most simplest way possible. Cost Segregation is a tax planning strategy used by savvy commercial real estate investors that accelerates the depreciation of certain components of their properties. In return, this can reduce current tax liabilit...

Wednesday, September 4, 2019

The 6 steps to putting tenants in your rental property
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Congratulations! You have just closed on your first rental property. What a feeling! The celebration is short-lived, however. Why? Well, you need to start the process of finding prospective tenants, qualifying them, and then coming to a lease agreement. So, you post a couple of advertisements, and you receive a few inquiries, but now, whe...

Friday, August 30, 2019

September First Friday
September First Friday
 Don’t forget to put First Friday in your calendar! Join us and Artisanal Wine Cellars, Purple Cow Vineyards, VinTyr, and Uptown Beer Co. for Fresh Hop and Harvest Tasting!  Don't forget to check out amazing wood work by Matoska Designs.Will we be seeing you there? What a better way to end the first week of school than...

Tuesday, August 27, 2019

Real Estate vs. stocks; why Real Estate Takes the Upper Hand.
Real Estate vs. stocks; why Real Estate Takes the Upper Hand.
Whether looking for a short, medium, or long term investment, one thing we all agree is getting one that matches your needs and budget. For most people, the mention of investment will automatically translate to the stock market. However, even with the market maintaining huge popularity, there are other effective investments such as real e...

Friday, August 23, 2019

Historical data of Real Estate Rents
Historical data of Real Estate Rents
While the debate between the stock market and real estate investment has been reining forever, understanding which is better will require a quick look over historical data that contains information on the past performance of the two investments. There are three key strategies adopted when looking to invest in both the stock market and in ...

Tuesday, August 20, 2019

Using Bank Money and Velocity of Money
Using Bank Money and Velocity of Money
One of the key tools that one can use to ensure a good return on investment is the velocity of money. In real estate terms, the velocity of money is the rate at which money invested will be returned to its owner for reinvestment.The rate at which the money invested into one investment returns back to the owner will determine the reusabili...

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