TRS News

Monday, February 28, 2011

March 2011: Carbon Monoxide - the Silent Killer
Property Management Blog
Carbon monoxide is another area of risk management that has been creating new laws in many states. Currently, at least twenty-five (25) states have legislation on carbon monoxide detectors requirements. Please note that various states have different requirement in their laws. Federal agencies are working on legislation to encourage all s...

Monday, January 31, 2011

February 2011: Rents - Do the Math
Property Management Blog
It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think. When this situation occurs, it is better to use a mathematical approach. Write down the expenditures for your investmen...

Friday, December 31, 2010

January 2011: Seven Proactive Ways to Avoid Risk
Property Management Blog
No investor wants to hear that there is a possible or definite lawsuit to defend. Although there are times you cannot avoid legal actions, most of the time, property owners can by being proactive. Here are seven positive steps to follow to reduce your risk. Never ignore necessary repairs. Habitability is at the heart of landlord/ten...

Tuesday, November 30, 2010

December 2010: Planning for the New Year
Property Management Blog
As another year ends, many people take time to reflect on the past year. Generally, this leads to setting goals and making resolutions for the New Year. Our company is busy reviewing 2010 and planning on how we can improve our property management services to you, our clients. Here are some of our key property management goals and resolut...

Sunday, October 31, 2010

November 2010: Never Ignore Water
Property Management Blog
Water is a necessary element to support life and when it concerns rental property, water usage must be available to tenants. However, water can be destructive. This can come from an act of nature, such as a serious flood or hurricane. If there are repairs left unchecked in a rental property, water can cause anything from minimal to major...

Thursday, September 30, 2010

October 2010: When It is NOT a Pet
Property Management Blog
Ordinarily, property owners have the right to refuse animals while renting their property. However, there a specific circumstance exists when a dog, cat, or possibly another animal it is not considered a "pet." When a disabled person with an assistance animal applies to rent a property, a landlord cannot refuse to rent to the prospec...

Tuesday, August 31, 2010

September 2010: Plan Winter Maintenance Now
Property Management Blog
Thinking about winter maintenance needs for your investment before the season hits can often save you money. An extra benefit is that it can help keep tenants happy. For example, if you wait until the rains or winds come and the roof leaks, you will be competing with everyone else to have the work done because roofing contractors are at ...

Saturday, July 31, 2010

August 2010: Are You Prepared?
Property Management Blog
We continually work on educating tenants for any event that could happen during their tenancy. This includes making rental payments, reporting maintenance, handling emergencies/disasters, checking smoke alarms, practicing good neighbor policies, buying renter's insurance, and more. Of course, we hope that they always follow our advice, b...

Wednesday, June 30, 2010

July 2010: When Handed Lemons, Make Lemonade
Property Management Blog
People have many fears when deciding to rent their home or contemplating buying an investment property. Horror stories abound about damage and difficult tenants. They have made many movies that portray outrageous tenant situations. Unfortunately, difficulties can arise and this is why there are property management companies. There ...

Monday, May 31, 2010

June 2010: Mistakes Investors Should Avoid
Property Management Blog
The economy has certainly been volatile for the last few years. The stock market took a major nosedive, foreclosures have been rampant, and unemployment has risen to all time highs in many areas. However, in every market, there are opportunities and for some, now is a good time to buy investment property due to the decline in housing pri...

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