Property Management Blog

Top Tips for Chesapeake VA Property Management

KRS Holdings - Monday, February 29, 2016

How can managers and property owners keep themselves updated in Chesapeake VA property management? Here are the top tips:  

  1. Educate yourself- Property managers and landlords must make sure of knowing the rules and laws of property management inside out! Such knowledge is very crucial in this industry and can make your daily working life a lot easier. There are various amendments that have been made to Residential Tenancy Act in 2011 and it is better to stay current with the changes.
  2. Naturally, even veterans in the field need help from time to time. It is no longer considered shameful to ask for advice and clarification in this field of real estate ventures.
  3. Have a plan in place-You must implement a system and if needed have written documentation that can guide you in each procedure. A full set of standard letter templates and checklists for each procedure can go a long way in simplifying daily tasks.
  4. Consistency is key- Once you have written down the timetable for each day of the week, ensure sticking to it. This can help you get better organized and manage time well. Efficient planning of this sort can help you stay in control.
  5. Document everything. Records, emails and messages can help clarify things in the future and leave little room for doubt and misunderstandings.

  These are some tips that can help simplify the lives of property managers and landlords.