If you’re thinking of diversifying your real estate investments, it’s most likely because you want to increase your returns and protect yourself against real estate blips. That’s why it’s definitely wise to consider different neighborhoods or states as part of your portfolio.
When you’re in the property managementbusiness, you need to protect yourself against lease breaks, which are residents’ failuresto fulfill the terms of their leases. Surprisingly, most leases, even those created by professional property managers, do not have proper language around lease breaksin...
Topics: Property Management, Profit
Have you ever heard of a lease with a price sheet for repairs? If you haven’t, you’re not alone. In fact, many property owners make the mistake of keeping their leases too rudimentary, covering just the basics: when rent is due, whether or not pets are allowed, who pays for utilities, and who’s...
Topics: Property Management, Profit
If you own an investment property or are interested in purchasing one, you probably already know how complex the real estate investment process is. To elevate your investment skill level from amateur to professional, the number one thing you need to understand is how to buy property in the “right”...
You spent a lot of time on the screening process, carefully selecting a qualified resident who is the best possible fit.
Don’t throw that investment of time, money, and energy away by discounting the importance of the move-in process.
After all, it sets the tone for the entire resident experience—and...
Topics: Property Management, Move In
Home showings aren’t hard, right? After all, many people believe they’re essentially guided tours for prospective residents. Make the property look good, “sell” it with your presentation, and a resident falls into your lap.
Wrong! Showings only look simple. If a property manager does things the right...
Topics: Property Management, Showing
Hundreds and even thousands of dollars could be slipping through your fingers each year. How, you might ask?
Most property management companies don't manage the maintenance process from what we at Haven Homes like to call "the owner mindset." When agents at a conventional property management company get...
You could lose a home over a $1,000 HOA lien.
It doesn’t happen frequently, but it does happen. We’ve seen Las Vegas homes listed at foreclosure auctions due to relatively small sums owed to HOAs. How does it happen? And how can you prevent this? We’d like to share our tried-and-true HOA management...
Topics: Property Management, Real Estate Investments, HOA
You’re in this to win. You decided to become a real estate investor and DIY property manager for a reason, whether it was due to visions of a healthy passive income stream on the side or a retirement where you don’t have to worry about money.
We get it, and we at Haven Homes want to help you succeed.
...
Topics: Property Management, Real Estate Investments, HOA
Homeowners Association (HOA) horror stories. We’ve all heard them, from mailbox color conflicts to HOA zealots measuring fence and shrub heights. The purpose of an HOA is to police a neighborhood and put in place rules and guidelines that keep the neighborhood clean, safe and welcoming. However, when...
Topics: Property Management, Real Estate Investments, HOA
