Collecting rent from your tenants is sometimes challenging. Various payment methods can be set up with different apps such as Venmo, PayPal, and others to make it easier on your renters. Depending on the type of property, whether it is an apartment complex or a rental house, keeping track of who has paid by having them all online will prove to be much more effective for you as well.
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Ryszard Wojtuniecki commenting on Managing Tenants
The tenant experience is very different depending on the person renting the property. Some may not pay rent on time, some may be loud, and others keep their property nice and tidy. As a property manager, one of your jobs is to keep the good tenants and evict the problematic tenants. This is a tough position to be in. It requires a firm hand to tell someone when it is time to shape up or leave. Bad tenants can push out your good tenants, which is why when you are having issues with a bad tenant, it is crucial to speak with the good tenants to assure them that you are doing your best in taking care of the problem.
Why Hire a Property Manager? by Ryszard Wojtuniecki
Managing properties can be a burden; dealing with tenants not paying rent, figuring out fluctuating market prices, filling vacancies, and addressing property maintenance is difficult for any one person. Property managers are experts at all the above. They take care of the everyday responsibilities for your property, so you do not have to stress or spend hours trying to resolve issues. Property managers are experts and understand the hassles and that rental owners experience. If you need help with your property, contact Ryszard Wojtuniecki.
Ready and Upgraded For Winter by Ryszard Wojtuniecki
Ryszard Wojtuniecki getting his commercial properties ready and upgraded for winter. Each year he applies his 10 point readiness list. If you would like to save money during winter, preparing your property saves money. Insulating your doors and windows, cleaning your gutters, drains. Prevention is always less costly then expensive repairs.
New Building Designs and COVID-19 Prevention Measures by Ryszard Wojtuniecki
COVID-19 has been devastating for the world for both health and economic security. The pandemic has also changed how people are viewing property construction. There is now need for cleaner building design and air filtration which has been key to reopening businesses. Building designers have been creating new construction plans that will help with air circulation and implementing systems to reduce particles from entering the air. Businesses are also adding outside space including terraces, so that employees may work outside where disease transmission is reduced. Other companies are installing blue lights and changing the inside of buildings floor plans to be more open, allowing people to physically distance more comfortably. The virus has sped this process up for many architects. Work spaces will continue to evolve as we learn more to best meet the changes in our world.
2021 Commercial Real Estate Investment Opportunities by Ryszard Wojtuniecki
Many commercial properties have dropped in value. Investment opportunities have fallen a total of 38% in 2020, but things are looking up as we move into next year! The projected investment opportunities are expected to rise to as much as 50%. This may be an advantage for investors to begin buying. If you are someone looking to get into the commercial real estate business, according to the projections, now may be the time to buy and invest in property.