BDF Realty’s Blog

As a property management company, we work to maximize the cash flow of our clients. Period. We don’t have a problem admitting that. Sometimes things break in rental homes and that decreases the cash flow our clients receive. They don’t like it, and we don’t either. However, it is part of the game (pardon my street talk), so it is a necessary expense. Sometimes. Normally if a repair policy is...

Everyone wants to save money! But to what lengths (and for what) does it make sense to find “deals”? It really depends on the urgency level of the need. Here are three scenarios of high, middle, and no urgency: High urgency (nurse): “Your daughter needs the heart transplant now! Do we have your consent? …I don’t know how much it costs, sir… it will be itemized on your bill later, I suppose…...

It’s been said the most important part of major college coaching is recruiting.  A team’s ultimate potential is limited by their talent level.  Sure, good coaching can make good players better, but great players are the reason teams win championships and are consistently good.   I started thinking about this the other day when a friend of mine called.  He told me that a friend of his...

Charlotte Property Management Weekly: “With Obama & Landlords, You Can’t Legally Withhold Payment” Great Article! http://wp.me/pxPmI-6n ^BF

Taxpayer: “This country is going down the drain quickly with no end in sight! Obama is proving himself to be a bum like the rest of them. “Change to believe in”? I’m laughing too hard to retort. You wanna know what? I’m not funding this incompetent government anymore and will not be a party to it. I’m not paying taxes until this country is fixed!” Tenant: “This house is killing me! This week...

New BDF Realty Article! “Charlotte Property Management Weekly: How To Handle Evictions: Reasons To Avoid Them” http://wp.me/pxPmI-6i ^BF

Handyman: I was over working on your property and your tenant seemed to be really happy. Owner: You would be too if you were living rent-free. When tenants don’t pay, it is not good for anyone. Inevitably, things get put in motion. The owner gets upset and wants to know why they haven’t gotten their money. The property manager is spurred to issue threats to lower the hammer on non-payers. The...

“Charlotte Property Management Weekly: Talking To Your Tenant Will Cost You Money” New Article! #BDFRealty http://wp.me/pxPmI-6b ^BF

“Talk is Cheap.” (Keith Richards) “Talk can be expensive!” (Property Manager) There are “hands-off” owner clients. And then there are the “hands-on” varieties. The “hands off” clients just want to know the rent money is in their account on the day they expect. If there are repairs that are going to cost them money, they want to know that too. They just want the bare bone facts with no fluff....

bdfrealty.wordpress.com: Charlotte Property Management Weekly: When Tenants Want Out, Let Them Go: 3 Tips http://wp.me/pxPmI-66 ^BF