People Interests

blog yellow circle pmgHere are various blog resources related to all the different property interests, from landlords & tenants, to investors & occupiers, to all other third-party interests. These cover general factors to consider for a particular interest, to more detailed issues to resolve for a particular course of action.

 

Getting a Residential Property Handover Just Right

handover checklist residential property management guideWhen people buy residential properties, there can be a lot of emotional attachment connected to the transaction, after all this is a place where people will live with all their hopes and dreams.

Even an investor just renting out can be swung this way, through swanky-looking sales particulars and ideas of fast money.

Which is why you need to look at some black-and-white practical issues so the detail doesn’t get missed. And in the frenzy of the deal going through and keys being handed over, then taking care ofn all the little extras.

An Example Flat

A good example of this is when you take a long leasehold interest of a flat in a block of other similar interests. You’ve not only got the usual buyer and seller -, or landlord and tenant -...

Read more ...

Write comment (0 Comments)

The Property-Management Way to Deal with Management Companies

management company property management guideYou may well come across references to ‘management companies’ within property management, particularly with multi-use properties where this middle-entity can often crop up.
 
Now, one thing they are not is a ‘managing agent’, which can cause confusion. A managing agent is a separate agent that is simply instructed to carry out a service for a property interest, which might happen to be a management company (often abbreviated to a ‘man co’).
 
On the other hand, a management company has a legal interest in a property, maybe holding the freehold of the land or long leasehold interests.

An Example to Help Explain

So, imagine you have a block of six flats, or six office units if you’re dealing with commercial property. At this level...

Read more ...

Write comment (0 Comments)

The Ultimate Building Guide for Property Owners & Occupiers

building guide property management guideHaving a ‘building guide’ for a property is worth its weight in gold as a form of go-to-guide for how a property is used.

You may hear of different names for these including residents’ guide, welcome pack, or property manual. They all have the same gist, to summarise all the nuts-and-bolts of using a property day-to-day.

And this is the secret, to make it as practical and usable as possible with little fuss. People don’t have the time to wade through separate instructions and documents, it’s handy to have in one easy-to-read place.

The Two Benefits

There’s a double-benefit to having one of these in place.

Firstly, it’s actually helpful for people, particularly occupiers who need to use the building day to day. It sounds simple, but it...

Read more ...

Write comment (0 Comments)

FREE Property Management Pack

Immediate download of our ‘Property Management Pack’ of goodies, the focus being our Property Cheat Sheet with 15 factors to shape any property deal, and the Introduction and Chapter of our Amazon best seller Property Management Guide book. 

pmg logo small croppedResources to help you easily manage property interests - to increase values, save costs, and see less frustrations

People Interests Posts