First, What Is a Property Manager? A property manager manages real estate properties like apartment, office, and commercial buildings. Their role is to manage and oversee these properties on a day-to-day basis, on behalf of a sole owner or a real estate company. A property manager will accomplish various tasks, which can be summarized as […]
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4 Steps to Rent Safely During a Crisis
1- Choose the Right Video Chat Tools In the current circumstances, many have chosen a new way of presenting their vacant units. Indeed, many landlords and property owners have been using technology to organize virtual pre-visits to determine which interested prospects want an in-person visit. Which tools have they been using? Various tools are available […]
read more...Important Things to Check Before Purchasing an Income Property
Buying an income property for rental purposes is still one of the best investments, and it can eventually bring you financial freedom if you repeat the process. Of course, owning such a property is not enough to break the bank. You need to do the calculations and verifications necessary to ensure that your property is […]
read more...Do Not Forget These Expenses in Your Profitability Analysis
When investors search for deals on the Internet or elsewhere, they can be fooled by property descriptions deliberately left empty by advertisers or brokers. Many expenses are left out because, let’s be honest, we would reject many properties right off the bat. That being said, you need to analyze all the recurring expenses to accurately […]
read more...3 Property Management Tasks You Cannot Do with Excel
Nowadays, there are many ways to manage your income properties. The manual method (paper), accounting software, Microsoft Office, real estate software, etc. Many use Excel to manage their property’s accounting and other property management tasks, which is a step in the right direction since they use technology to their advantage. On the other hand, if […]
read more...Financing Your Real Estate Flipping Project: Private or Conventional Financing?
The financing of a fix and flip is a crucial step. It is usually the first step where you encounter problems, and the moment where you need the process to be quick, so your project does not slip through your fingers. Financing is a determining factor in the success or failure of your project. Since […]
read more...6 Tips to Rent Your Unit
Income property managers often worry about vacant units. It is normal to have a few, and, at times, they are welcomed with open arms (you have time to repaint them and bring them up to date). Still, having too many can put you in the red because the income is largely cut off. That being […]
read more...Short Presentation of Magex Technologies’ Tools at Immofacile
Short presentation at Immofacile of Magex Technologies’s real estate management tools, which can also analyze the profitability of income properties. To watch the complete interview, click here.
read more...PropTech : Technology at the Center of Real Estate
Real estate as we know it has changed drastically in the last year thanks to various changes, such as increases in property prices and constraints caused by the pandemic. Nonetheless, real estate remains a safe investment. Indeed, real estate is one of the best investments, as it is physical property that lasts over time. Real […]
read more...How Will Our New Partnership Save You Time and Money?
With the situation that we have been experiencing for almost a year now, many real estate companies have taken a digital turn to improve their services. Thus, we have entered into a partnership agreement with Usewalter to offer you an application with virtual services for you and your tenants and/or co-owners. What Exactly Is the […]
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