Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Managing Rental Property - Essay Example

Comments (0) Cite this document
Property is the most important asset of life. Investment in the land may be for residential, commercial or rental use. In any case, however, proper management is very important as the investment may involve life savings for a family. There are various risks associated with any kind of property, especially the rental one due to the uncertainty and fraudulent behavior of some people…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.1% of users find it useful
Managing Rental Property
Read TextPreview

Extract of sample "Managing Rental Property"

Download file to see previous pages Property management is an uphill task, may it be rental, commercial or residential. There are different professional agencies that can do the management task for the owners but the choice of opting for professional help or taking the responsibility on your own is purely individual. There are definitely certain advantages of seeking help from the agencies as it makes various tasks hassle free but it has its own limitations like the increased expenses.
Many dreams and expectations are set while buying a property. It is a very important investment and when handled properly, land can yield good profits for the owner. Having one home for personal use, if a family is able to buy another one or a commercial land, it can earn huge rental income and facilitate the owners pay their own mortgage and save the rest for the home. Rent can be an added income for the family. But any problems with the tenants like non- payment of the regular rent, the same property can prove to be an extra burden on the finances of the family. It can turn disastrous for the economic balance of the owner and result in a stressful life instead of easing out the burden. So proper property management and planning for all the risks beforehand is very important, may it be on personal or professional front (Washington "What It Takes To Be A Landlord - managing rental properties | Black Enterprise | ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Managing Rental Property Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Managing Rental Property Essay Example | Topics and Well Written Essays - 3000 words. Retrieved from
(Managing Rental Property Essay Example | Topics and Well Written Essays - 3000 Words)
Managing Rental Property Essay Example | Topics and Well Written Essays - 3000 Words.
“Managing Rental Property Essay Example | Topics and Well Written Essays - 3000 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Managing Rental Property

Acupressure machine rental/therapy centre

... progression from acupressure rental; head massage is a quick and relaxing treatment which suits busy shoppers as does Reflexology. Regarding kinesiology it is a very popular way of allergy testing and can be advertised accordingly. Upscale to supplement sales. It will be located in a retail area in a medium sized City of population greater than 250,000 but no more than 500,000 in order to take advantage of population combined with reasonable property rental. The centre will be located in a retail area with a footfall of at least 10,000 per day in order to achieve good conversion numbers for the business. The unique appeal of this business model lies in the affordable rental of a wide array of acupressure massage devices in a retail setting...
10 Pages(2500 words)Essay

Beach Rental Case study

... Beach rental case study The rentals are located near universities so that the rooms can be rented out to The rentals havea process that includes agents, marketing majors, and the renters who are potential to the company. The rentals are strategically located so as to major on a ready market share. The location is the greatest strength of the rentals since the students are readily available and they will be able to ask for the rooms. The company should deal on a marketing plan that will ensure that the rooms are known to the students and that the rentals gain a better advantage than the other rentals that bare found in the area. That will ensure that they have good accommodation and a good environment in which the students can be working...
5 Pages(1250 words)Assignment

Famuss car rental

...? Famus’s car rental Table of Contents Table of Contents 2 Introduction 4 Brief outline of the business 4 The aims and objective of ‘Famus’s car rental’ 4 The location of operations of Famus’s car rental 5 Definition of trends 5 Definition of Market Research and the academic theory 6 Importance of Market Research 6 Relevancy of market research to the business 7 Appropriate methods for the proposed market research and business plan 7 Mention the types of market research 7 Explain them in details and criticize them as well, then compare them and choose the best method for Famus’s car rental 7 Definition of Market segmentation 8 Importance of market segmentation 8 Methods for proposed market segmentation 8 Discuss the type of segmentation...
7 Pages(1750 words)Essay

Managing Property Businesses

...A business is a system organised to provide goods and services to others who have needs; it transforms "inputs" into valued "outputs". Businesses canbe organised by: - function, into departments according to their role: Individuals, teams and line managers in sales, for example, can be grouped together and report to the head of department, the sales director - geographical area, - product - into departments, each of which focuses on a different product - project management - for example, a company that is divided by function takes a member of staff out of each department to form a temporary project team that will work on one specific task, (e.g. develop a new product); In today's dynamic business world, organisations are faced...
6 Pages(1500 words)Term Paper

Managing Property Businesses

based businesses are easy to operate and have no fuss, than one must think again, yes there are exceptions but one is likely to find same fuss in the service based business as in manufacturing business.
A service based business that is going to be discussed is “property business”, it sounds simple to hear it, but very difficult if all things are kept in mind while planning for a property business, the first impression that might appears after listening “property business” is perhaps small business, with simple operations though it can be very tough to operate it, the property business should be started keeping in mind following few factors.
Property businesses provide pure services to the clients, the dealer performs the r...
6 Pages(1500 words)Essay

Managing property Business

...MANAGING PROPERTY BUSINESS + Details Submitted Managing property Business INTRODUCTION In 2007, a law laying out the rules of REITs came into effect in the United Kingdom. In 2012, a finance act was established that brought changes to the REIT regime in UK. These changes included the abolition of a 2% entry to join the REIT regime and relaxation of listing requirements in the London stock exchange. This brought a step forward in the Real estate investment in UK. This is because it made it favorable for many companies to invest in real estate on favorable terms. Among the companies was BNP Paribas Real Estate. This is a widely spread company in Europe and a leader in commercial real estate services. It has a gross turnover of 662 million...
4 Pages(1000 words)Essay

Managing Property Businesses

... Managing Property Businesses A quoted company is an organization whose shares are listed on the stock exchange. Members of the public have the opportunity to buy shares in his company. His investment gives the investor ownership of part of the company and they can do as they wish with these shares. In case the prices of the shares of a quoted company increase the investor can sell their shares and get their profits. On the other hand, they can hold onto the shares and they will receive dividends on n annual basis. Real estate investment trusts gives people the opportunity to invest in real estate without requiring them to have the large amount of money that is required to make such investments (Imperaile, 2006). This is by allowing...
8 Pages(2000 words)Essay

Lotus Rental Cars

...Lotus Rental Cars by The debates between proponents of fossil fuel cars, hybrid cars, and electric vehicles become more and more frequent. The whole arguments have arisen because of ecological benefits which electric vehicles promise to bring. Electric cars are much safer for the environment since they produce less carbon dioxide. It is well known that new generation of cars that work without fuel is going to replace the way people see vehicles. Moreover, switching to electric vehicles will allow to get rid of oil dependency for many countries. There will be no prices fluctuations connected to world problems, and the changes of the fuel cost will not affect drivers. However, electric cars are more expensive than fossil fuel and hybrid...
4 Pages(1000 words)Research Paper

Enterprise Car Rental

According to the paper, the company built the largest car rental brand in North America. The brand is widely known for low rates that are exceptionally as well as outstanding customer service. The brand has effective product and service offering methodologies in relation to marketing. Regarding the company’s management it has successfully showed tremendous leadership that has enhanced its operations worldwide. Motivation among employees in the company has been achieved thus promoting entrepreneurial spirit among them thus enhancing and encouraging high productivity. Enterprise Car Rental has established a consumer oriented strategy in relation to marketing that is of great importance to success. The company though has been o...
12 Pages(3000 words)Essay

Intellectual Property Law and Copyright

We need copyright reform that will answer the needs of copyright holders and users of copyrighted material that will be satisfying to both parties.
The Internet has revolutionized the availability of information and legal boundaries of the digital property have been subject to increasing uncertainty in a knowledge-based economy.1 In a digital environment, with free availability of information and the facility for easy duplication of copyrighted material, it is becoming increasingly difficult to clearly demarcate the extent of copyright protection and the legislative and contractual dimensions of intellectual property.2, On the one hand, are the rights of the owner of the copyrighted material to economic exploitation of his wo...
12 Pages(3000 words)Coursework

Managing Diversity And Equality

If the term diversity is considered in а very simplistic wаy, then diversity cаn be seen аll аround us, by the cаrs we drive, the clothes we weаr, the different diаlects we speаk, etc. While this mаy be а very generаl wаy of looking аt the term diversity, there is а considerаble grаin of truth to this stаtement. Thаt is, 21st-century Britаin is а more culturаlly rich аnd homogenous society thаn ever before. In the context of business, the orgаnisаtionаl mаke-up of the workforce is chаnging too.

Britаin now hаs one of the most diverse workforces in the world, consisting of а wide rаnge of religions аnd ethnic bаckgrounds. However, diversity is not just аcknowledged in these terms. It cаn refers to politicаl beliefs, аge,...
13 Pages(3250 words)Case Study

Equitable Interest in the Property and the Land Law

On a preliminary basis, it would appear that due to the provisions of the Land Registration Act of 2002, Neville will have no claim on the estate at all, since his interests have not been registered and the title was vested only in Harry, Ton and Hermoine – all of which was transferred to Hermoine and then to the new owner, Draco.

However, in the case of Re 139 High Street, Deptford2, it was established that there had been a mistake in the conveyancing transaction and that one annexe on the property actually did not belong to the registered owner, who was the legal owner of the land. The owner of the annexe then asked for the register to be amended and this was done accordingly, in recognition of his interest beca...
6 Pages(1500 words)Case Study

Leadership as an Important Aspect of Managing

Leadership is an important aspect of managing.  The ability to lead effectively is one of the keys to being an effective manager.  Leaders act to help a group attain objectives through the maximum application of its capabilities. Organizations may be in a state of equilibrium, with forces pushing for change on the one hand and forces resisting change by attempting to maintain the status quo on the other. 

Leaders envision the future. They inspire the organization members and chart the course of the organization. Chrysler’s Lee Iacocca and General Electric’s Jack Welch have provided a vision for their companies. Leaders must instill values – whether they are a concern for quality, honesty...
12 Pages(3000 words)Term Paper

A Critical Evaluation of Workplace Diversity: Measuring the Intended Benefits of Managing Diversity

Diversity represents a wide spectrum of tangible characteristics and somewhat less-transparent personality-driven attributes which either contribute or detract from various social interactions in the workplace. 

With this definition in mind, managing diversity represents the elements of embracing and incorporating a wide variety of human differences (or commonalities) into the daily practice of business so as to provide enhanced benefit to the entire workplace and its processes. The goal of managing diversity is for leadership and subordinates alike to take a rather proactive approach to building enhanced inter-personal relationships and then applying this harmony to goals of higher productivity and teamwork.
11 Pages(2750 words)Term Paper

Property Investment Analysis

The Red Book valuation figures offer useful guidance on valuation, however they contain overlapping material from diverse sources. The Mallinson Report has identified the need for the RICS to publish a single, comprehensive and user friendly source of standards for valuers and establish a single point of coordination in the institution’s delivery of valuation services. The Report also states that the information provided needs to be more specific so that it place more specific further education demands on valuers. Additionally, there must be additional power provided to the Institution to investigate problem cases and take disciplinary action when it becomes necessary, despite the possibility of courts exerting a restricting...
13 Pages(3250 words)Assignment

Managing Emerging Technologies: The World Bank Group

information Technology helps the businesses in cutting costs and creating value to the organization as a whole, by minimizing the digital divide. This helps in developing new and effective business processes as well as in making value propositions especially in the new and modern corporate world whose business network is spread far and wide, such as the World Bank for instance. Information technology plays a vital role in integrating systems and strengthening the strategic ties between service providers and customers, thereby rendering effective services.
The World Bank is involved in various activities providing a wide range of services to several developing and in transition countries across the globe. The bank, owned, fina...
11 Pages(2750 words)Case Study

The Managing Change and Innovation

In line with the proposition as to whether these operational managers discern ways of enacting responses from the relevant quarters when it comes to products, services, and their related operations, we see that their role is immense and they have to bring about activities right from scratch.
The change factor has to be studied in the light of a consistent basis since as the maxim goes change is the only constant, thus we have to understand the basis of change from that very point of view nonetheless. Managers have to see that the new products and/or services mark the very basis for an organization and it is because of these products/services that the company is moving in a swift manner in a forward direction. Thus all their e...
6 Pages(1500 words)Assignment

Guide to Managing Innovation

It is a universal fact that engineering design must be cautiously planned and meticulously executed; if the design is being aimed to overcome a shortcoming or adding a new feature to the existing product, then the design process gets classified as an innovation. So, under certain conditions, engineering design and innovation are inter-related. In other words, innovation is a key process in a product’s development. I have always been intrigued by innovations, primarily because an innovation challenges conventional thinking, it goes beyond technology. Above all it is imperative for organizations, it is linked to survival and at times it is mentioned as the only sustainable strategy for growth. Hence, I preferred to choose the...
6 Pages(1500 words)Assignment

Nile Floods Public Health Disaster: Managing the Disaster using Katrina Experience

The Katrina hurricane disaster that wrecked New Orleans was a classic example of this. Authors, Frank and Trinidad have observed that disaster preparedness is essential in the current socio-political atmosphere. They say that disasters can lead to illness, injury, the devastation of homes, disruptions of essential services, and the displacement of populations. (Frank and Trinidad, 2007). Every disaster teaches the same lessons. “Advance preparation is essential, communication among responders is critical, rules and procedures are helpful, but autonomy and flexibility within limits are key elements of a productive response” (Frank and Trinidad 2007). 

Originating from the monsoon rains, the annual floods...
16 Pages(4000 words)Term Paper

Managing Intellectual Property

For instance, if an individual work to buy an advanced camera from a firm such as Nikon or Canon, disassemble that camera, inspect all of its working parts, and then proceed to create an exact duplicate of that camera, sell it, and profit from this sale, it would be clear and apparent that a legal and ethical violation had taken place (Zhao, 2013). However, the issue of seed is a more nuanced and perhaps more conflict-ridden topic. This is of course due to the fact that one cannot merely go out into nature, drop a Nikon or Canon camera into the ground, water it, and with little to no labor harvest replicas of it in the future. Although the ethical dilemma within the case of Monsanto is not directly tied to the level of labor per s...
6 Pages(1500 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Managing Rental Property for FREE!

Contact Us