Blogs

There isn’t an up-to-date, universal definition of residential experience but there is a range of services and functions that have traditionally been seen as a part of enhancing residential experience in a housing society/property.   Rental property ownership and profiting from it involve many labor-intensive and expensive tasks, such as preparing the property for rent, advertising the vacancy, showing the property, maintenance, screening t...

Your job as a property manager is demanding. In addition to advertising vacancies, managing accounts, overseeing leases, operating within a budget, processing legal documents and rent, and maintaining a physical office, you have to do a lot of other things.  While juggling those responsibilities is no easy task, you can make it easier by using the right tools. You can easily automate key processes and streamline operations with a property management software program.  But firs...

Managing a rental property can be financially rewarding if you've been in the income property business for a while. While managing a property is rewarding, it also requires a substantial time and effort commitment. The decision of whether or not to hire a property manager to take care of your rental properties is one of the most important decisions a real estate investor has to make.  Is it possible for you to manage your properties independently? Some people do this quite e...

It can be overwhelming to manage accounts for multiple rental properties. In the case of a landlord with a single rental property, taxes can be prepared easily at year-end; however, when the landlord's rental property portfolio grows, tax issues can become increasingly complex. A correctly calculated and efficient rental property account results in reduced taxes, more rental income, lower expenditures, and better overall ROI. Choosing the right rental property accounting software can ...

The property management industry has become increasingly remunerative in the past few years. Research suggests that the property management industry was valued at around $14 Billion in U.A.E alone, in the year 2020 and is expected to demonstrate a CAGR of 10.8% in the coming years. But real estate is not easy money, and owning a property and operating a successful property management business is a whole new ballgame.   To run a property management firm like no...

Millennials are people who were born between the years of 1980-1997 and they are one of the biggest generation groups that now make up the largest demographic of home buyers.   Millennial home buyers entering the housing markets creates new challenges for a realtor. While some of the things that Millennials look for in their dream house are same as their parents, they also want added elements that previous generations never did. They are doing away with many traditional elements that a gen...