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...

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 ...

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...

Fair Housing is simple - do not discriminate. While this may be a basic principle, it is often not "easy" to follow, particularly in the area of handicapped or disabled persons. Many landlords often do not know or understand the legal requirements when it comes to renting to handicapped tenants, which can lead to costly lawsuits. Courts ...

If you list your home with a REALTOR®, they would advise you to take certain steps to maximize how your house would show to the public. Their recommendations may include cleaning, landscape clean up, painting, installing new flooring, changing an appliance, and more. In addition, if the house were vacant, they might even recommend...

Welcome to the inaugural edition of the online version of the TRS monthly Newsletter. Many of our clients have been requesting more online and we have been listening. In addition to this Newsletter, TRS now offers online electronic statements and documents on our secure online OWNER PORTAL through our website at terraresidential.com ...

Many of you have been requesting more online and we have been listening. TRS is pleased to announce that we are now offering online electronic statements and documents. We now have our secure online OWNER PORTAL through our website at terraresidential.com where you will have the ability to view, print, and download your monthly stateme...

As announced last month, TRS is also making a change in our monthly Owner Statements beginning this month (January). We now have the ability to place a note on your statement that gives you the details of exactly what work was performed on a particular invoice. This note will replace the invoice copy (bill) that is presently sent wi...

The 2009 year definitely has mixed reviews – interest rates are still low, the stock market is working toward recovery, and many throughout the country have been working tirelessly to help furnish jobs, feed the hungry, and aid disaster victims. However, it has been particularly difficult year for many people in 2009. There is ver...

Our newsletters cover many issues, but as we move toward 2010, we want to review twelve practices that we, as your management company, use to protect your investment. 1. Support Fair Housing  This is crucial to successful property management. This covers such a vast area such as advertising, showings, tenant selection, equal opp...