Property Management Blog

Tax Time: Tax Reporting Requirements for Property Managers

The beginning of each calendar year is a very busy time for many businesses, and Property Managers are not left out of that category! Whether you are a large Property Management Company or an individual Property Manager, this is the time when all tax forms should be issued for funds paid out to Rental Property Owners or Vendors during the...

Respectful Communication and Teamwork Leads to Success

There is an old saying that resonates in all aspects of life.  "Respect is earned."  A very wise former Manager of mine reminded his staff that we must respect our customers at all times.  In business, the customer is not our only client. Our co-workers are our internal clients.  The customer isn't always right, but ev...

Process to Collect Past Due Rent

I have developed a list of practices I use to facilitate the collection process.  I have set up strict procedures that are followed each month.  I am aware of the financial implications that can arise from the monthly rent not being paid or being paid on time to an Owner.  Del Val uses many tools to ensure that the ren...

How to Get a 4.0 or Higher Rating on Social Media Sites

Most businesses these days rely heavily on internet marketing. And part of internet marketing are comments left by your past and present customers. In today’s world it’s not who you know that is important, it’s what the people who know you are saying about you on social media! In today’s instantly accessible inte...

7 Crucial Parts of the Application Process When Renting an Apartment / Home

Rental applications, whether submitted on line via a website or by hard copy, should go through a standard process to determine the eligibility of the applicant. Here are some criteria that should be considered: 1.     Application fee.  This will cover the costs of processing an application and should be paid with...

Customer Service

  As Director of Operations, my primary responsibility is to oversee our HOA division.  I have found that one of the main keys to success is Customer Service.  The following rules will help you stand out over your competitors and give you credibility with your clients:   An effective Property Management software soluti...

Maintenance for One of Your Largest Investments...Your Rental Property

As Director of Maintenance for Del Val Realty & Property Management, I oversee all rental property maintenance. After the long cold winter months, Spring is a good time to advise owners on routine preventive maintenance for one of their largest investments, their rental property.  Here are some suggestions you may want to consid...

Professional Management Versus Self Management

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Rates and Fees

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