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Archive for January 28th, 2008

A good Landlord Nurtures good Tenants

Monday, January 28th, 2008

Dale Carnegie pegged it right when he said, “When dealing with people, let us remember we are not dealing with creatures of logic. We are dealing with creatures of emotion, creaturesbustling with prejudices and motivated by pride and vanity.” The way humans think and act will have a tremendous effect upon your business. Whether that [...]

The Five Basic Types of Tenants

Monday, January 28th, 2008

As noted previously in this book, everyone is different, with diverse wants and needs. Still, if you stay in this field long enough, you will come to distinguish all tenants as belonging to one of five categories: watchdogs, complainers, helpless tenants, slow-payers, and those who refuse to pay at all. As you might guess, the [...]

Accountants Aren’t Bookkeepers

Monday, January 28th, 2008

What do accountants do? They keep the books, don’t they? Most people think accountants and bookkeepers do the same things, but nothing could be further from the truth. These are two entirely different business functions, usually handled by two entirely different groups of people.
The property manager or landlord usually handles the bookkeeping function. This entails [...]