Archive for the ‘Managing Rentals’ Category

How to Invest in a Blighted Neighborhood

Blighted neighborhoods are genuinely a trap, but they’re only a trap for the unwary. Blight – in Detroit, it’s essentially defined as “a property that hasn’t been maintained in so long...

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...

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...

A DIY Landlord’s Guide to Minimum-Effort Landlording

To achieve more free time and not be tied to a demanding landlording job, you’ll do yourself a favor by building your systems now. One of the benefits of being a do-it-yourself or DIY landlord is...

No Office Space? The Benefits of Being Online-Only

Companies are certainly catching onto the trend of “no office space” and it’s changing the way they work.   One of the aspects of Royal Rose Properties that our owners and tenant...

Getting Tenants to Do What You Want, Pt. II

The secret on getting tenants to do what you want: Show genuine interest to them first. So how do you get people to actually do what you want them to do? Well, obviously, if people base their...

Getting Tenants (Or Anyone Else) to Do What You Want, Pt. I

If someone uses the carrots/sticks reward system to make you do something, they try to make you do it partly by offering you rewards and partly by threatening you. The common view of ‘how to...

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...