Every property management company has a different way of working and a different way of charging management fees. You might hire a management company that charges one flat rate, or you might find a property manager who charges separately for every service that’s performed.
At Arbors Management, we have three all-inclusive fees. We do not like to piecemeal our costs, and we don’t have an upcharge on our maintenance services. (more…)
There are dozens of excellent reasons to invest in Real Estate in Pittsburg. The city is diverse and growing, and you can find some thriving submarkets in and around Pittsburgh that are excellent rental markets. Whether you’re local to the area or from out of state and looking for a potentially profitable investment property, we’re talking about what you should buy and where you should buy it. (more…)
Why? Because until recently, the work of a property manager wasn’t taken seriously. The industry was really undeveloped and there wasn’t a lot of training and technology. That led to distrust and bad practices.
But, things are changing. There’s been a lot of innovation and investment in the property management field, and the best property managers today are doing a lot more than collecting rent and placing residents. We’re managing assets.
Deciding whether you want to sell or rent out your property is a very personal decision and there’s no single answer. It will depend on your financial situation and your plans for the future. We talk to homeowners in Pittsburgh who are moving into a different home or leaving the area for work or other responsibilities, and they’re not sure what to do with their property. Today, we’re sharing some of the things we talk about when we’re helping them make that decision.
Every rental property is unique, and while you might have an idea of how much it’s worth on the rental market, the amount of rent you actually earn will depend on a number of factors. Some of them you can control, and some of them you cannot.