What is a property management fund?

Answer Usually the new property management will send out a letter to the tenants announcing and introducing themselves to the existing tenants. If not, it is only a management company. They only manage th... Read More »

Top Q&A For: What is a property management fund

What is the accounting treatment for Sinking fund in a property management company?

There are several state laws that govern property management in California. Apparently, a real estate license is required there in order to manage property. You can inquire at your local city hall ... Read More »

What is the difference between Asset management Facilities management property management and maintenance management?

Here is a sample list of the types of fees. Your property manager may include these and more: per pageper scanper envelopeper stampper paymentper checkper bank transactionper hourper accountper scr... Read More »

If a property management company doesn't have a renter for a property who is responsible for the mortgage payment The property management company or the landlord?

That is correct. The landlord is responsible for the mortgage payment as the investment property is ultimately his (name on the deed). And I also agree with the advice given below. A competent and ... Read More »

How long can a property management company hold the owner's reserve funds once the property management agreement has been terminated?

This time period may or may not have been defined in your contract. Call other property managers in the same industry in your locale, and ask the question about the time period.Then, send a letter ... Read More »