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It's that time of year again! As temperatures start to dip, don’t forget to drain and disconnect your garden hoses. Shut off any outside faucets using an indoor valve if possible....
COVID-19 has brought many changes to our lives. In the Airbnb world, the new thing is that local people are trying to book our Airbnb’s for parties....
One of the defining characteristics of Hermann London Property Management is the completion of quarterly inspections on all rental properties that we manage. There are several reasons why these brief walk-through inspections are important. First, it allows the property manager to view the general condition of...
Are you ever left wondering why your tenants moved out? What can you do to retain them? Let’s take a look at the top 8 reasons that tenants move out and a few tips to try improve your resident retention. They’re Looking for Something...
Unfortunately there is a predominant fear in society towards tenants and leasing. As a result of countless horror stories that have been morphed each time they are retold, many people have a very negative view towards leasing their home to someone and would never consider...
It is inevitable – many things in your home are going to eventually break and need repair, no matter how much care you take of your home. When this time comes, the homeowner is responsible for determining if the repair is done right the first...
There comes a time in every lease term where both the landlord and the tenant tend to become a bit uneasy. That time is near the end of the lease term when a landlord wonders (and often hopes) that their tenant will stay and keep...
SUBSCRIBE ON ITUNES In this episode Adam interviews Tom Potter of Hermann London Property Management and finds out what it means to take care of other people's homes efficiently and with as few headaches as possible. Email questions to Podcast@HermannLondon.com WHAT'S INSIDE 1:48-How Tom went from Adam's childhood...
Renting vs Buying Why renting is often a better option for some people. It is often asked by people who are trying to make a decision about a new home, “Should I rent, or should I buy?” Having heard the common answer given by friends and financial...
What Are The Advantages of Using a Property Manager? There are several reasons why the owner of a property can benefit from letting a Property Manager operate his/her rental units. A strong Property Manager will oversee: Advertising and showing property to prospective tenants Screening prospective tenants Collecting rent and...
Hiring a Property Management Company in St. Louis Property management companies provide benefits to both property owners and renters, especially in an area as diverse as the greater St. Louis metro area. Not only do these companies provide administrative services to property owners, but the boost...
How Spending Money Will Actually Help You Save Saving money is a top priority for everyone these days, but sometimes there is an unusual paradox where spending money can actually end up saving money in the end. Knowing where to spend and how it will save...
The location is an important factor in real estate, but curb appeal is becoming almost as vital because of the increased competition in each market. With so many properties available for rent, owners must take the extra steps to make rental properties stand out. The...
Owning commercial real estate can be disappointing to a financial portfolio unless sound property management practices are employed. Profitability does not come automatically. Losses, on the other hand, gain momentum, and few owners have pockets deep enough to turn a property around when it is heading...
In a sluggish real estate market, job relocation to another city is not always optimal for selling a home. Home sales that are forced by economic conditions can remain depressed for years, even after the economy recovers. While there may be buyers from an investment company...
It is a fact of life that people do not always get along. When neighboring apartment dwellers are disagreeing, things can get complicated quickly. Landlords cannot afford for the tranquility of their properties to be disrupted, so the landlord may find themselves squarely in the...
Property management companies are in a position to lead the way in green living. The conscientious property manager makes decisions every day that can have a positive impact on the environment. The first step property managers should take in going green is to look at the...
The residential housing market has created some excellent opportunities for new investors to acquire multiple properties while they are relatively cheap. With their new commitment to the banks which back them, however, new investors in the residential real estate market are being introduced to a...
Benjamin Franklin once said, “An ounce of prevention is worth a pound of cure.” That phrase is fitting for property maintenance in rental properties. Making sure properties are well maintained is vital for keeping them leased and retaining value. The only way to do this is...
No matter what the storytellers say about an urban skyline in the middle of the night, buildings never sleep. Property managers know that when a building is unoccupied, it is most susceptible to costly damages. What can go wrong? To start with, fire can devastate a building...