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Top Legal Issues Hounding Real Estate Managers

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How Not To Flop When Flipping Houses

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The Growing Relationship Between The Internet And Real Estate In The 2010s

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What All Good Real Estate Investments Have In Common

January 16, 2018

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Why You Should Hire a Property Management Company

December 19, 2017

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Protecting Your Properties During The Winter Season

November 07, 2017

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How successful property management firms make their mark in the industry

October 30, 2017

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How Child Hunger Summits make a difference

September 21, 2017

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The new design for the Canalside building

August 30, 2017

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Wealth-Building Through Real Estate Investment

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Clear Up Space,For Everyone Wants Retail

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Benderson Development Company Inc

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Top Legal Issues Hounding Real Estate Managers

Image source: Pixabay.com The demand for property management is skyrocketing with real estate boom and a greater demand for homes, commercial properties, and industrial properties. But property managers are not without their own set of challenges, foremost of which is complying with constantly changing regulations and prevent potential lawsuits and legal problems. There is a wide variety of legal issues faced by real estate managers today. The most significant of these issues relate to the everyday business of property management: debt collection resulting in disputes and stemming from economic factors such as retailers going out of business, residential tenants losing their jobs, and growing lease defaults. The economic downturn is pointed as a reason behind any disputes, suggesting that a weak economy is leading more to try cashing in on slips and falls. Property managers are also facing a number of frivolous lawsuits, or meritless suits. This type of litigati

The Growing Relationship Between The Internet And Real Estate In The 2010s

It can be argued that the biggest challenge facing real estate professionals isn’t whether technology will make them obsolete. It has more to do with how they can help consumers in the new, tech-driven marketplace. Image source: aarcom.co.in The arrival of the internet changed everything and put the customer in charge. In the past, real estate professionals held vital industry information close to their chests, leading prospective buyers and sellers to actively seek them out. That centuries-old control of about 90 percent of any industry transaction is over. Things began to change in the 1980s when realtor boards automated regional multiple listing services. Member brokerages could access listings, recent sales, tax information, and other property details online through dedicated computers. However, the public still preferred classified ads in newspapers and industry magazines up to the ‘90s. But the arrival of Craigslist got the industry realizing that

How Not To Flop When Flipping Houses

There are several means to earn income from real estate investment; one such way is through house flipping. It is the act of purchasing a real estate asset, usually run-down properties that are below market price, then trying to make a quick profit out of it instead of holding it and waiting for its value to appreciate. In most cases, some additions or renovations are made to increase the value of the property. Image source: rehabfinancial.com However, flipping comes with risk. Failure to liquidate the property within the target timeframe will result in higher incurred costs, including mortgage, taxes, and maintenance. Thus, before even considering going through a house flip, several factors have to be considered, such as the following: Location : Any real estate transaction is heavily influenced by location; house flipping is no exception. The city and neighborhood wherein the asset is situated should show good indications so that buyers would be enticed

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