September 18, 2019
What is a Property Management Company?
An area of real estate we need to address is the area of property management. Many times an absentee owner would need to hire a property manager or maybe an apartment complex or shopping center also would need to hire a manager to manage the property. When this occurs, the owner will hire the manager by signing a property management agreement. The property management agreement needs to contain things like the length of time this agreement will be in force and also include things like the function of the property manager. The vacancy rate typically is not part of the agreement, however, because the vacancy rate is more determined year to year based on the market conditions. The functions of a property manager typically include possibly finding tenants, repairs, maintenance and paying bills. Those are the typical functions of a property manager.
5 Tips for PASSING the Real Estate Exam
February 25, 2020
We know how hard it is to pass the real estate exam. There’s no secret guide to pass the test, but there are good foundational rules, tips and tricks that can help you improve your score.
Types of Notes and Loans
January 6, 2020
We cover the basics of the types of real estate notes and loans and how they relate to mortgages and what an adjustable rate mortgage is in this short article.