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DURHAM PROPERTY MANAGEMENT BLOG

Thursday, November 7, 2013

Veteran's Day
Monday, November 11, 2013 November 11 is observed as a federal holiday in the United States.  It has become tradition in the United States to have the official wreath-laying ceremony is held each year at the Tomb of the Unknowns in Arlington National Cemetery.   The purpose of Veterans Day is to honor those people who have se...

Tuesday, October 22, 2013

Benefits of Renter's Insurance
This is an interesting article for current tenants to review.  We recently had tenants who were displaced for approximately two weeks due to a major water line break in the home. Thankfully, they had renters insurance. As their property manager, we coordinated them moving into a hotel temporarily and not only did the insura...

Wednesday, October 2, 2013

6 Personal Finance Rules to Live By
Being fiscally responsible means you live by sound money principles that allow you to build a stable future for yourself and your family. An understanding of these basic financial tenants is the first step in achieving financial success. 1. Build an emergency fund. Think of an emergency fund as a security blanket for your financ...

Tuesday, October 1, 2013

5 Necessary Expenses to Keep Your Home Safe
Written by: Marcela De Vivo  For many, owning a home is the cornerstone of providing a sense of security to your life. However, no matter where or how you live, there are countless elements, natural and human alike, that may threaten your family and property. For first-time homeowners in particular, here are some essential devices...

Thursday, September 26, 2013

Professional Property Managers
All Property Management survey show professional property managers reduce rental vacancy rates nearly 40 percent 10/17/2012 by Ami SEATTLE (July 30, 2012) –  Successful investment in rental properties often depends on keeping vacancy rates low, both by minimizing tenant turnover and by quickly re-renting properties when t...

Monday, September 23, 2013

Family or Friends as Tenants
Family and friends - you can love and/or admire them BUT should they become your tenants? This is a form of "nepotism, the practice of hiring family and/or friends." It has both pros and cons and it is an area where a very large "proceed with caution" sign should be posted. You may have these thoughts about the subject of friends and...

Monday, September 23, 2013

Evading Scams
Scams are prevalent; it's a fact of life in today's world. You find them in your email, Internet, telephone calls, the mail, and even at the front door. Email is notorious for scams. You have probably spotted them in your Inbox. Most of the more obvious and ridiculous fall into your junk or spam files if you are using anti-virus prote...

Monday, September 23, 2013

Best Home Shopping Season in Almost a Decade
June Concludes Best Spring Home Shopping Season in Almost a Decade As the weather warmed up this spring, so did the national housing market, shaking off a relatively sluggish start to the year to register the highest annual rate of home value appreciation in any second quarter since 2004. The U.S. Zillow Home Value Index rose to...

Sunday, September 22, 2013

How to Save as a Renter
If you're renting, you probably know that the market is pretty tight right now. Fewer properties are available, and some particularly tough markets have seen a spate of abuses by unscrupulous landlords and brokers. But you can still save on rent and other monthly housing expenses by negotiating with your landlord and implementing some com...

Thursday, September 19, 2013

Borrowing Money from Friends and Family
Borrowing from friends and family Everyone warns against lending money amongst family and friends, but sometimes it's the only recourse. Here's what to expect, and how to make a loan go smoothly. It can be unnerving when an unexpected event turns into a major expense, especially when you don't have the means to pay for it. Be...

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