David Friedman David Friedman

Why Isn’t My Property Renting? - Explore 8 Of The Most Important Factors Affecting Your Rental’s True Potential.

In the fast-paced world of real estate, a rental property that sits vacant should be worrisome for property owners. A vacant property isn’t generating revenue, it’s a target for squatters and if a pipe bursts, you might not find out until a few days later! When faced with the frustration of a property that just won’t rent, it's crucial to pinpoint the underlying reasons. From pricing strategies to the quality of marketing efforts, several factors can influence the attractiveness of your rental unit to potential tenants. Let's delve into these factors to better understand why your property might be struggling to find renters. Here are 8 ways to improve your chances at securing a qualified tenant for your property:

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David Friedman David Friedman

7 Ways To Improve The Security Of Your Property And Tenants.

As a property management company that manages a diverse range of property types in varying locations, security, and your implementation of it, can be equally as unique and/or difficult to dial in. Many properties seem to be crime magnets and if it's not one security breach, then it's another. So with that in mind..

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David Friedman David Friedman

What is the Difference Between Leasing Agents and Property Managers? 

If you're in the real estate game, you've probably crossed paths with both leasing agents and property managers, but do you know the real differences between them? You might think that they are essentially the same job, and in some ways, they do overlap, but if you need a property manager, you definitely don’t want to hire a leasing agent as their roles, level of experience and end goals are different

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David Friedman David Friedman

How To Remotely Manage Rental Properties From Out Of State Or Out Of Country 

We welcome you to the exciting world of remote property management -- where you can embrace your inner globetrotter while effortlessly overseeing your properties from afar! Here at Realicore, we are your trusted experts in passive real estate investing via tried and tested property management strategies, and we are here to show you the ropes of managing your properties across state lines or even international borders. So, pack your bags and get ready for an adventure as we explore the advantages and disadvantages of remote property management, share our best tips and tricks, and help you achieve passive real estate investing success from wherever you are in the world.

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David Friedman David Friedman

The Advantages of Hiring a Property Management Company for Properties that Require On-Site Management 

Some property owners choose to hire an independent on-site property manager. Others will hire a property management company. It is important to understand the minute differences between the two. To some, hiring an in-house on-site manager seems like an obvious cost savings decision, however, it may end up costing you, the property owner, more in the long run. Is depending on a single person to handle all aspects of managing your property the most sound strategy? Would you feel more comfortable knowing you have an entire team looking out for you, your property and your tenants with built in redundancies?

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David Friedman David Friedman

Mastering Maintenance Costs: A Comprehensive Guide for Property Owners

Property maintenance is one of the most overlooked metrics in real estate investing. Many new investors who are eager to get their feet wet will leave maintenance costs out of the equation. When calculating if a real estate investment pencils, the long-term maintenance costs must be considered. The true cost of maintaining your property depends on many factors which we will cover in this guide.

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David Friedman David Friedman

How To Reduce Vacancy Between Tenants

Did you know that on average, vacant rental properties can cost landlords around $1,750 per month in lost income?. Don't let your investment suffer from the dreaded vacancy periods that drain your cash flow and overall profitability. It is crucial to minimize these gaps between tenants to maximize your returns.

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David Friedman David Friedman

Top 4 Spring Maintenance tasks for your Multifamily Property

As winter comes to a close and spring begins to bloom, it's important for multifamily property owners to take care of maintenance tasks to ensure the longevity and safety of their property. Here are the top 4 spring maintenance tasks recommended by Realicore Property Management

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David Friedman David Friedman

Maximizing Your Rental Property’s Income: Realicore's Process for Finding High-Quality Tenants

As landlords ourselves, we know that a vacant property can sometimes feel like having an itch you can’t scratch. As enticing as it may be to quickly fill that vacancy and start cash flowing, you’ll need to properly qualify your potential tenants. In our experience, the biggest cost to being a landlord is having to evict a tenant that is either breaking the lease, has stopped paying rent or both! Either way, evictions are a messy and costly expense so it is important to get the right tenant in there from the beginning. If tenants are not properly vetted it could ultimately lead to potential headaches, legal issues, and financial losses. The search for a quality tenant may seem daunting, but with the right tools and strategies, it can be an rewarding experience.

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David Friedman David Friedman

Measuring Success With Your Property Manager

As a landlord, understanding how your property management company handles certain situations can feel a little mystifying, like their secret to success is hidden behind a heavy velvet curtain. Realicore Property Management is going to pull back the curtain and show you how we like to measure success. We measure success by analyzing these eight measurement points.

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David Friedman David Friedman

How To Break Up With Your Abusive Property Manager

Do you have a property management company that you just can’t seem to break up with? At first the relationship started out great, but now it’s stale and you carry all of the broken promises as baggage.

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