Welcome to Property Management Training!

On this site, we are committed to bringing you the latest industry news, tips and hints. Whether you have been a professional Property Manager for years or you are new to the business, there will be something for you here.

What is Property Management? This important career deals with the function, organization, and supervision of real estate. Much like any business, Property Management indicates a need to care for, monitor and be accountable for the useful life and condition of the property.

The role of Property Manager is a very vital one. There are specific laws and regulations that must be followed to remain in compliance with your territory or Province. The main purpose of a Property Manager is to act as the relationship manager between the owner of the property and the tenant who is or will be renting the property. The Property Manager provides a barrier for real estate owners who desire to distance themselves from their tenant community.

The duties included in property management can vary depending on the property owner and the area in which you are managing property. In general, however, some of the basic tasks a Property Manager will perform are to test and screen potential applicants for real estate properties. This may include such things as performing credit checks on the applicants, testing their income and ability to pay the rents and verifying their previous rental history. Property Managers also handle requests for maintenance on the property as well as arrange for maintenance to be performed by workers and contractors.

Learning about Property Management will allow you to gain knowledge in many very useful areas. Customer service is key for a Property Manager. You will learn all about providing good customer service which is a skill that can carry over to other parts of your personal and professional life as well. You will learn about being a leasing agent. Learn how to help others understand lease agreements, their rights and other important facts. Other exciting areas of study include Maintenance, Marketing and Advertising, Eviction, and other useful tasks and topics.

You may be asking yourself, ‘Why would I want to become a Property Manager?’ That is a question many others have asked themselves. Property Management is a very rewarding career that allows you to keep in touch with the community, help people find the homes they are looking for and help a property owner get some peace of mind at the same time. Many property owners find renting and maintaining a property very stressful. If you are a people person who enjoys using good customer service skills as well as marketing and sound business skills, then Property Management is for you.

Learning to be a Property Manager will give you the skills and confidence to allow you to provide excellent service to home owners and tenants alike. A good Property Manager keeps up to date with the latest news and information for their field and this website is an excellent source for this type of information.

Make Good Use of the Skills and Contacts of Property Management in Colorado Springs

If you are considering expanding your horizons by making a real estate investment and becoming a landlord, you will need to be very attentive to your bottom line. Naturally, you will expect to have your revenue surpass all of the expenses. Hiring an experienced property management Colorado Springs can make the difference between making a profit and being in the red.

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The property management Colorado Springs is known for it’s attention to organizational details. They know the true value of any repair and will advise you right away if the quotes are too expensive. If you intend to live out of town, consider hiring a property management company to manage all of your rentals. The management team will keep their trained eyes on the task. They will know right away if there are any red flags to look out for.

 

They will hire the appropriate professionals to come and routinely implement inspections that will catch any leaks or structural issues. Having them come periodically will actually minimize your cost because your property will avoid the larger maintenance issues. It will also improve the general beauty and safety of your location. The costs can be lower and you will also be preventing premature equipment failures in the building.

 

The  property management has the skills and contacts to help you reduce costs. They are not overworked either because they keep a dedicated staff on hand. In the meantime, you can use the extra hours on growing your businesses.

 

The management company will continue to stay focused on your property. Keeping them as part of your team will outweigh the disadvantage of having to come up with their fee. The company is experienced in finding the best tenants for your property This will eliminate the problem tenants for you and add more income. They screen for high quality tenants and ask all the right questions. Another strong point is the fact that they will always ensure all the correct paperwork is perfect. Really, these companies actually help you to build your brand and free up your time. This will give you more leverage on your property.

 

The company will already have established strong vendor relationships and will use these as ready resources when required. It is not a hassle for them to  respond to any and all emergencies, no matter what the day or time may be. On the other hand, it could really be quit a headache for you to have to drive over to the unit to deal with every little incident. As a middle party, they can easily help to moderate any situation and prevent any ill feelings developing because of late or unpaid rent and repairs.

 

 

As the property management outsources, he allows you to minimize your overhead. You will add more value as you extend the life of your appliances and building structure. A management company will make a point to stay up to date with all legal requirements. Staying compliant focuses your resources and shows a strong business standard on your behalf. Remember, the fees that you pay to a management agent are tax deductible.

 

Knowing that you can trust your property to a competent property manager is an exciting and life changing moment. You will feel less stress and be more inclined to to invest in other homes since this has been a positive experience for you. You will be less likely to have to deal with unexpected repairs and situations. Adding more properties to this scenario is very doable.

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A knowledgeable and caring property management firm thrives on customer satisfaction because outstanding customer increases their business as well. Generally there are less problems when a management service is established. They are efficient and use their best practices to negotiate more attractive rates on your behalf. A well maintained a property will appear clean, operational and beautiful. This will attract future tenants who will be happy in their new move, will want to extend their stay and renew their leases.

The Benefits of Using a Riverside Pool Service

riverside pool service

Everybody dreams of owning a house with a swimming pool. Unfortunately, most people soon discover that the dream is better than the reality. Pool maintenance is both difficult and time-consuming. People who are wondering why they wanted a swimming pool in the first place should consider getting a Riverside pool service.

How a Riverside Pool Service Can Help Homeowners

Homeowners with a knack for DIY will be wondering why they cannot look after their pool themselves. The short answer to this question is that they are inexperienced and unqualified. Listed below are some of the services professional pool cleaners can provide consumers.

  • Assess any hazards in the area. For example, if the pool has a gate that automatically shuts itself, the pool service will inform the homeowner if the springs are broken.
  • Clean the pool and its surrounding area. This could mean something simple and time-consuming such as getting leaves out of the water. Or it could mean fishing small animals such as birds out of the pool.
  • Professionals will also remove debris and fungus. Over time, this debris could become slippery and affect pool user’s allergies. Keeping surfaces clean and free of debris is both an aesthetic and safety issue.
  • Treat the water. Chemically treating pool water is one of the most importance services provided by a pool cleaner. Pools that are not treated regularly will grow bacteria. This bacteria can cause illness and other problems such as skin rashes. An experienced pool cleaner can put the right amount of chemicals in the water. Too little means that the chemicals are ineffective while too much cleaner may affect swimmers negatively.
  • Inspecting the pool pump. As pool cleaners empty out the pool’s filters, they check all the equipment that is used in the water filtration system. Cleaners can keep an eye out for broken or inefficient pumps. If the pump is not working, the water could get contaminated. As stated above, this may cause skin problems.
  • Check for leaks or broken tiles.

If the pool is a public pool, it should be serviced frequently. In fact, the servicing should happen more than a couple of times a week. This is because the pool is used by a large amount of people. Not to mention, anything could happen. For example, a child could accidentally go to the bathroom in the pool. When this happens, the pool needs to be shut down and cleaned out.

Residential pools need cleaning less frequently. The amount of times the pool will need servicing will depend on whether it is indoor or outdoor as well as its size. Homeowners can talk about the logistics of cleaning the pool with their pool cleaning service.

The best way to hire a pool cleaner is to contact a riverside pool service and ask for a quote. Generally pool companies will have a standard price. This price may increase if the pool is larger than expected or difficult to clean.

A good pool cleaning service will hire experienced staff and be reliable. The last thing homeowners want is to wait for cleaners who are running late.

Once a pool service has been selected, homeowners should read online reviews about the company. This will give them an indication of how reliable and trustworthy the company is. As homeowners are inviting cleaners into their home to work, one can never be too careful.

Overall, pool cleaning is essential when one owns a pool. Lack of cleaning or inadequate cleaning could make people get skin or develop skin issues. Generally speaking, pools take a few hours per week to clean. As most people do not have the time, energy or knowledge to do this they should contact a professional pool cleaner. A pool cleaning company can relieve homeowners of the stress that comes with cleaning the pool, treating pool water and checking filters for leaks and debris.

The Importance and Benefis of Property Management

Property management is the operation, management and control of real estate properties. Management of property includes caring, monitoring and being accountable for property.

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In addition, property management is also the management of equipment, personal property and physical capital assets that are used to purchase, repair, build and maintain items that are delivered to properties. Basically, property management offers full service support and management to condo associations, property owners and homeowners. Effective property management offers many benefits such as a positive and safe environment for residents, cost-effective professional services and adds value to property investments.

 

Property managers, who are in charge of managing condominiums and apartments, offer a thorough screening process; a process that brings in tenants that pay on time, stay longer and cause fewer problems. A property management company that is experienced and professional knows how to analyze applications from tenants and can spot warning signs that come with certain tenants; tenants who sometimes cause a great deal of damage to property. In addition, a good property manager understands the laws of each state and tenants laws; laws that will ensure that you will not be vulnerable to potential law suits such as: evictions, safety and property conditions of the property, tenant screening, inspections, terminating leases, handling security deposits and rent collection.

 

Most importantly, a property manager can help you perform three decisive and needed tasks that affect how long it takes to fill vacancies on your property such as:

 

• How to improve and get your property ready for rent

• How to determine the best rent rate

• How to effectively market your property.

• How to retain your tenants.

 

Keep in mind that a high turnover rate can have serious effects such as a higher volume of thorough cleanings, painting the walls, putting in new carpet, changing the locks and costs that pertain to marketing, screening and showing and settling in a new tenant. All of these actions take a great deal of time and are expensive. It is important to note, too, that a professional management company will have a tenant retention policy that has been carefully tested so that your tenants stay happy and end up staying a long time. Phoenix property management has the experience to help you with your property management needs.

 

Property management that is effective and professional has a tight rental collection process. Keep in mind, that the way rent is handled and collected can make the difference between failure and success as a landlord. When you hire a property manager, you have a plus factor of putting a buffer between you and your tenants. The property manager can act as a middleman   between you and your tenants; a person who listens to a tenant’s excuses, ensures that rent is collected on time and if necessary, evict those who fail to follow the rules and don’t pay their rent.

 

In addition, a property management company can advise you on what deductions you can claim and help you organize the necessary paperwork needed to make those claims. Some may not know it but property management fees are also tax deductible.

 

Professional property managers also ensure that timely maintenance issues and repairs are performed correctly and that keeps tenants happy; as well as preserve your investment. Along with the many services a property management company offers, they also provide employees who are bonded, licensed and insured. This can save you a great deal of time, worry and money.

 

To conclude, property management has many benefits and can make the difference between failure and success as a landlord. Property management can also give you peace of mind that your investment is in good hands and important details are being taken care of properly. Knowing that your property is being taken care of as it should, will give you the opportunity to take care of other important business matters. For more information and help on this topic, check out Phoenix property management. Phoenix property management can answer your questions and concerns about property management.

 

Find the best property management Colton CA

property management Colton CA

California’s property market has witnessed unprecedented growth over the past few years. This is attributed to high demand for rentals and gives good value on the investment. If you own rental property in Colton area look out for www.propertymanagementsb.com to learn more about property management . Many investors are lured into this lucrative venture, realizing the rewards it offers. However, rental owners are not aware of the equal risk that comes with rental property. If a property owner cannot read the prevailing market value of the property, they risk losing rental income. In addition, managing property can be a difficult task especially when dealing with tenants. In view of this, rental property owners contract professionals to assist in managing property at a reasonable commission. You may visit their website at www.propertymanagementsb.com. Once you hire property management Colton CA expert you save the hassles of having to collect rent on your own. It is important to look for a reliable realtor in Colton California.

Finding the best property management agents can be a tedious process. Nevertheless, you can visit www.propertymanagementsb.com Jackson property management and sample the great offer. Jackson property management is a premier property management Colton CA company. They offer top-notch property management services leaving you hassle free. They search for tenants, manage the process of rent collections, evict delinquent tenants and ensure prompt returns for your worthy investment.

When evaluating a good property management company, there are a few issues you need to look at. Firstly, the company should be duly registered with relevant authorities. You should search the local association of realtors for important credentials of a company that you want to entrust with your investment. Secondly, the quality of staff is a critical component, since it determines the quality of service. Most importantly, you should get a company with professional staff. Thirdly, the experience in managing residential and commercial property should be considered. This guarantees a competitive deal for your property and more certainly, you are assured of the value for money.You can find the best property managers here www.propertymanagementsb.com

Property market is a volatile market and keeping update on market trends is indispensable. It is vital to invest in a firm that understands the changing consumers’ needs. You should invest a company that has the capacity to market your property. Jackson property management analyses the property trends and gives objective market reports. You will decide when to increase your rates. Besides, they plan for maintenance in order to preserve the value of your property. Check favorable property deals at www.propertymanagementsb.com.

property management Colton CAOne of the fundamental duty of property managers is to ensure that the property makes money throught the year. They should come up with Innovative ways of attracting tenants as well as advising on the best investment opportunities in real estate. For instance when making a choice of building villas or vacation rentals should be a decision based on market research and expert advice. With a good property management company, one gets an assurance of reaping the benefits. Relying on a professional property managing company ensure that you get a return on the investment. In addition, client retention is a critical duty, to keep a long-term relationship with the market.

If you are looking a property management company you can trust, look at www.propertymanagementsb.com for the best services. Call for a free quote today.

What You Need To Know About Property Management

property managementInvesting in property development is one of the best things that you can do in life. This is because; unlike other types of investments, property value keeps on increasing. The cost of developing your property might be high but the investment is worth the cost. Before you start developing your property, you need to get in touch with real estate professionals for advice. The expert will be able to tell the type of houses that can sell in your area and the legal requirements that you should fulfill before you start the development. After development of your property is over, you need to think about the management of your property.

The success of your business as a property developer will depend on the type of management you entrust with your property. You need to make sure that the management of your property is in good hands. It is important to note that the manager will make major decisions about your property. Thus, if the manager is not a strong character, they may end up mishandling your property. Here are some of the benefits of hiring a good property management company.

Good tenants

As a landlord, you would wish to have good tenants in your property. However, in many circumstances you will end up with one or two unruly tenants in your property. The process of getting them from your property is not easy either. They may even lead to loss of other tenants in your property. a good property manager will have good mechanisms that can detect such characters. Before they are admitted to your property, the tenant’s rental history will be reviewed. This will enable the property manager to find out whether the tenant is able to pay the rent if admitted, rent your property for long and cause fewer problems.

Fewer legal problems

Property managers have knowledge on the latest landlord-tenant laws. this means that they can deal with troublesome tenants who might go to court after being evicted from your property. The property management will also prepare landlord-tenancy agreements that are legally binding and ones that cannot be manipulated by any tenant for their own gain. Screening the tenants before admitting them to your property will enable you to avoid these cases. The cases can be costly as well as time consuming. They may also damage your reputation and that of your property.

property managementShort vacancy cycles

A good property manager will perform tasks that will reduce the time it takes for your vacant property to be occupied. They will prepare the vacant property by doing the necessary repairs and fixing some of the old fixtures. They will also advertise the vacant property in places where they know they can get potential tenants. A good property management will also determine the best rent for your property. The amount of rent can either attract or scare potential tenants. The property manager will carry out a survey in the area to find out the rent that the other properties are charging before setting the rent to be paid in your property.

San Luis Obispo Property Management Firms

San Luis Obispo property managementRental properties are great investment vehicles that have great potential in delivering a regular, attractive income every week, fortnight or month to the owner. Such investments are usually pegged on certain things such as successful management by an established property management firm. One such firm is RPM Central Coast firm which is a leading San Luis Obispo property management firm. This means the property management company provides services to property owners in San Luis Obispo in California. Interested property owners should consider consulting this firm and using their services for success management of their rental real estate investments.

It is evident that landlords and property owners who make the decision to use professional property management services will benefit immensely from the services. One reason that is proof of this is that the property managers are well trained experts who have the training and expertise as well as experience to manage a property, whether residential, industrial or commercial. Their expertise and understanding of relevant laws ensures they are able to manage the affairs of a property in the best and most profitable manner possible. they will apply their knowledge and expertise to manage the property and maximize its potential.

There various ways that RPM Central Coast or Real Property Management Central Coast Company manages its affairs as required. This firm is a leading provider of services in the San Luis Obispo area across the city and suburb. The property experts undertake their duties with dignity, zeal and vigor. They have some of the best and greatest management techniques. Once they are signed up, they will get down to work and advertise the vacancies on the property that may exist. They will also endeavor to address all concerns that tenants may have regarding everyday issues. This is one major advantage of using their services.

San Luis Obispo property managementThis firm will also endeavor to collect rental payment in good time on behalf of the property owner and then make any necessary deductions before submitting the remainder to the property owner. They will also handle matters such as maintenance of grounds, payment of rates and lots of daily issues that pertain to the property and the welfare of the tenants. When tenants are well taken care of and are happy, they will usually stay at the premises. All these small details that are taken care of by the property lead to successful process and a great return on the investment.

Many landlords and investors in this sector are of the opinion that matters of property management are very important. The services provided by San Luis Obispo property management are very important and crucial to the success of any local property within the San Luis Obispo neighborhood. The property experts undertake their duties with dignity, zeal and vigor. They have some of the best and greatest management techniques. Once they are signed up, they will get down to work and advertise the vacancies on the property that may exist. Such factors are therefore very important and should be implemented to the letter.

Property Management Companies In Oceanside CA

property management companies in Oceanside CAThe state of California is the wealthiest and among the largest in the USA. There are many residents who live here and most of them need quality accommodation as well as premises to conduct business. This is why more and more investors are putting up rental properties within various cities in California. Rental property is a very lucrative form of investment. It provides its owners or investors with reliable income every month and also provides equity that can be cashed in. property owners understand the need for professional management of their properties and there are quite a number of property management companies in Oceanside CA.

There is a reason why rental property needs to be properly managed. For starters, it provides tenants and landlords with an easy and effective way of management of the affairs of the property, making it easy and convenient for all the concerned parties. Another is that property managers apply the best industry practice in management of properties, both residential and commercial. This means all tenants are treated well, rent is efficiently collected and the law is applied when it comes to things such as eviction of tenants and collecting tenant deposit money.

To find a reliable firm or organization, the first step is normally to search the Internet for these firms. The Internet is a vast resource that provides a wide list of results which makes it convenient for the interested client. Another method is to check out local listings such as the city of Oceanside business directories. These include the yellow pages and local listings and so on. Here, a customer is bound to come across some of these firms and they can then consult one or two in order to find out if they are suitable. Some real estate websites and forums do provide names of reliable firms that provide reliable services.

property management companies in Oceanside CAThere are various ways of handling the affairs of a property but basically, the aim of property management firms is usually to maximize on the potential of any property they manage. One is by advertising vacant properties on suitable media and then screening all the applicants in order to sign up only the best. The next step is then to ensure that the tenants are well taken care of so they are comfortable and happy. The next step is to set up an efficient rental collection process that is reliable and convenient to all.

It is a fact that rental property that is well managed will be a much better asset to its owner than one that is not professionally managed. There are some very reliable property management companies in Oceanside CA. Another method is to check out local listings such as the city of Oceanside business directories. These include the yellow pages and local listings and so on. Here, a customer is bound to come across some of these firms and they can then consult one or two in order to find out if they are suitable and fit for the tenants.

What You Need To Learn About Property Management

Real estate management can be a real hassle for an individual who is not experienced in property management. A closer look at the roles of a property manager outlines clearly the need for property management. Today, both commercial and residential real estate depend on the services of an honorable property management company for the success of their businesses. In fact, there is great liberation on the side of a property owner who offloads the management duties to his/her manager.

In the case of a residential property, tenants are practically of great value. You need a manager who can make your renters feel comfortable so that they continue living in your property. Unfortunately, not all renters will be highly valued. This brings in the issue of screening renters before they are allowed to rent a space. You need a manager who will thoroughly screen potential renters so that only quality tenants are accepted. This is a step that shall lead to a worthwhile remittance of rental fee.

Property owners have the freedom to pick managers of their choice. This is done depending on the property the manager is expected to run weather it is commercial or residential property. The manager then takes over after signing a contract with the property owner. Many property owners prefer keeping their managers even after the process of screening is over so that they oversee even the maintenance of the property. Property management services also enhance communication between the owner of the property and tenants since there is a reliable intermediary.

As a property owner, there are chances that you will not get time to manage your property well if you have other duties to attend to. Supervisory work takes quite a lot of time hence, it needs special time allocation. Those who live far away from their property find it very challenging because of the distance factor. Any supervisory role needs one who can be easily reached in case of anything. With the assistance of a manager, everything becomes easy. The manager will take over from you so that you get ample time to concentrate on your career.

Today, hiring a property management company is the ideal thing to do if you want to reap the benefits of your real estate. There are numerous firms that specialize on property management across each and every state. Some of the services that they offer include marketing of rental properties which is utterly beneficial to the property owner. Remember that poor marketing strategies will always yield no substantial results even after a heavy spending. Additionally, your manager shall always play a major role in collecting rent, addressing complaints raised by renters as well as handling tenant eviction.

Hiring a property manager is a bright idea for one who highly values his/her property. You must ensure that you hire a reputable company for you to receive quality services. The fact that there are many companies offer you an opportunity to single out a company that is outstanding in its dealings. Such a company will help you maximize the profit gained from your property.

Results With Property Management Riverside CA

property management Riverside CAPositioning yourself for success in the business of investment property can often seem like something that anyone can do. In fact, this is likely one of the reasons that you have decided to put your money into a property to begin with. However, you may not have known the level of time and effort that is involved with ensuring that everything runs the way that you need it to. Since there is a lot of money riding on your investment, it is natural to feel like you want to take on the success of the operation without the help of others. However, this is a mistake that you are going to end up paying for if you simply do not think about the value of having a property management Riverside CA service that understands everything that you need in order to achieve the type of financial success that you are interested in at the moment. Do not assume that things are just going to fall into place, you would be let down if you make this mistake. Instead, you want to think about making smaller decisions that can help you begin to rely on others that know what they are doing. If you do not have the ability to keep an accurate account of the money that is coming in and going out of the business every month, you are going to find it very difficult to make sure that you are profitable at all times.

property management Riverside CAThe best way for you to limit this issue in your business dealings would be to turn to a property management Riverside CA company that can handle all of the financial needs that you may have, you would be free to focus on the things that matter most to you in life at the moment. Many people that choose to spend their money on a property simply do not have the amount of time needed to always head to the property and address any issues that residents may be dealing with at the moment. If this is something that is simply too time consuming for what you have going on at the moment, you would be surprised to know that this team can help you to care for the tasks that are most important to the survival of your business. Relying on yourself and putting the burdens of this property on your shoulders can feel like the most natural thing to do when you first get into investing. However, you will soon come to realize that you are only one person tasks with a large amount of things to take care of. Instead of struggling with splitting time between the job that you are working and the tasks that are vital to protecting your investment, you would be able to focus your energy on the things that require your attention throughout the day. Instead of taking on all of the stress that comes with managing a property, you want a team that can help make your life easier.

Lanlords – Key Secret Towards Success In Property Management In DC

property management in DCWith the current boom in the real estate business all over DC, more and more property owners are finding it difficult to effectively manage their investments. As a result, there is a new class of individuals who specialize solely on property management in DC.

It said that each market has its own mad man. With this influx of more investors in the real estate industry, there has also been an unprecedented increase in the number of fraudsters who masquerade themselves as genuine property agents.

For those who may not know who a property manager is, then keep on reading as this article will shed light on a few things regarding this trade. Firstly, a property manager is an individual (the owner of a second party) who is in-charge of overseeing the smooth running of a rental home or office building. They collect the rent, manage repairs and handle any complaints lodged by the tenant(s).

As stated earlier, as much as you may need the professional touch when it comes to running your property as an investment, you need to be careful about whom you leave in-charge. You cannot afford to make any mistakes as it may cost you a lot of money. Below is a simple guideline of how you can land the ideal company for your property management in DC.

Ask For Referrals
This can simply be achieved by asking any real estate agent near you or by asking your close friends and neighbors for any good referrals. Ask them to give you the contacts of those companies or agents they have used and have been satisfied with their work.

Carry Out A Quick Search Over The Internet
You can search for these professionals over websites which are solely dedicated towards connecting these professionals and any prospecting clients. The good thing about doing an online search is that you are able to do a background check on them even before calling them up for an interview as some of these companies also have social media accounts such as face book, twitter and so forth.

Check Out Any Of Their Past Or Current Work
This is critical as it is said that you can tell a lot about a man by judging his actions. Once you get the referrals and you have come up with a list of the promising companies, it is time to check out which other projects they are currently managing or have managed so as to get real time data regarding their performance.

Interview The Top Five Candidates
It is prudent to interview at least five management companies or agents at the end of the day. During this stage, try and ask as many questions as possible and remember to also ask for any relevant documents such as licenses and insurance cover, where applicable.

You should also question them on the current laws and regulations when it comes to renting or leasing of such properties. Ask about their academic qualifications and how many years of experience they have behind them. When observed to the latter, this list will definitely prove helpful into making property management in DC a walk in the park.