Archive for the ‘Hiring Property Manager’ Category

Property Management from 10,000 Feet: The Big Picture

What does a property management company do? The answer is simple: more than most people realize. What does a property management company do all day?  It’s a legitimate question – and here’s...

The Yin and Yang of Metro Detroit Rentals

Most cities in Metro Detroit are worlds apart. The Metro Detroit area is one of the most polarized areas in the nation. One part is populated with people who tend strongly to be low-income,...

The ‘Emergency Marketing’ Dilemma

Yes, we’re doing more much more than put a “for rent” sign on your property. Recently, our Marketing Department had an interesting interaction with an owner whose rental unit just...

How a Professional Landlord Manages Contractors: Like a BOSS

50% of workers say they’re not sure what’s expected of them in their job. Sounds crazy, but it’s true! The Royal Rose Properties Maintenance Department deals with an extraordinary range of...

How Many People Does it Take to Manage a Property?

A good property management team can make your investment work. Royal Rose Properties is a fairly unusual property manager – we do a lot of things that most property managers don’t. In...

How to Manage Properties: Detectives on Assembly Lines

Employees shouldn’t  be mind-readers or push-button robots. Royal Rose Properties has built its business model with an eye toward the long term, both in terms of how to manage properties on...

Tales from the Rose: Every Detail Matters

How do you all deal with being a landlord when it seems that tenants are constantly angry? When you manage almost 400 properties spread across just under 200 portfolios, every detail matters. You...

A DIY Landlord’s Guide to When to Stop Being a DIY Landlord

Want to Fix Tenant Toilets at 3 a.m. and Lose All Your Money? Being a DIY landlord can, if you play your cards right, be a pretty low-key affair – our last week’s blog post has some clutch...

Property Management Paperwork & Data: How Much is Too Much?

Fortunately due to modern technology, the trees can breathe easy since many property management paperwork are now digitized. Property management styles run the gamut from the laissez-faire “Do...

How Long Does It Take? Vacant Property Edition

study found that closing times on real estate rentals are getting longer—on average it now takes 50 days. Royal Rose Properties does a lot of things for our owners. We manage renovation, repairs,...