Property Management Blog

Friday, May 15, 2020

Surviving the Coronavirus
My mom had some sayings which resonate with me and my brothers especially during challenging times.  One saying is that, “It is not what happens that matters, but how you respond to what happens.”  Other famous sayings from our society is, “When life gives you lemons, make lemonade.” Too often, something...

Wednesday, April 22, 2020

Leading through adversity
I have been talking with lots of owners, vendors, tenants, neighbors and friends through this Coronavirus.  Universally, I am told that no one has ever seen this in their entire lifetime.  My brother Luke, who is much better at dealing with high level crises, said that we are at “war right now”.  It is not a tra...

Wednesday, February 19, 2020

Useful Resources and Tools for New Rental Property Owners
Investing in a rental property can be a simple way to grow your financial portfolio. It can also be a major undertaking, especially if you are new to the real estate investment world. With the right help, however, you can go from a novice landlord to an experienced real estate entrepreneur. Interested in learning more? If so, then you ne...

Tuesday, February 18, 2020

“PPPLLL” – the Six things tenants are looking for in a rental.
As I started investing, I came to realize what to look for in a property to maximize its rental potential.  One of our property managers came up with the acronym “PPPLLL” and I really like it.  This stands for the following:P – Price.  If your rental price is too high, you will not get any i...

Tuesday, January 21, 2020

The Seasonality of Property Management
Have you ever heard the term professional tenants? If you have ever tried to rent a property in the winter time, you probably know what I am talking about. These are the tenants that for a really well priced home will ask the question, will you take $100 less and include heat and hot water? These tenants seem to recognize that many people...

Friday, November 15, 2019

The three phases of leasing
Did you know that every person in life (tenant or otherwise) has an excuse for why they are in the situation they are in?  For most people, they claim the reason for their situation is and or was outside of their control.  We hear and read eviction stories about lost jobs, landlords who do not make any repairs, hospitalizations,...

Friday, August 2, 2019

The Two Types of Tenants
It is extremely hard to be successful in anything you do not put your full attention to, especially real estate.  If you are not on top of tenants for rent, other priorities and bills get in the way for them and they are late on rent or cannot pay.  You can be nice and lose significant income, teaching the tenants that rent real...

Monday, July 2, 2018

Welcome!
Welcome to the Ironclad Property Management Website!We hope to provide a lot of useful information to you over the years and are setting a goal to put out blog posts at least monthly. We have been starting to develop a list of topics to discuss. We would love for you to reach out with topics you would like to hear more about.My mother and...