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The worst mistake landlords can do is selecting tenants based on personal preferences, as this leads to a bunch of problems. Things are not always what they seem, and the most easy-going and friendly applicants are not necessarily the best tenants. Landlords must perform a thorough tenant screening to make sure that prospective tenants are financially liable, pay rent on time, and keep the property clean. Other mistakes include:Charging too much RentThe most successful landlords keep their properties rented at below market rates. Why? Because if you get a good renter that pays on-time and treats the property well, it’s worth it. Additionally, by keeping your property at below market rent, you ensure that your property is 100% rented.Always sticking to a fixed priceLandlords should respond to all major changes in the rental market. This includes adjusting prices depending on how ready to pay at a particular period of time. Sticking to a fixes price leads to losing money and suffering from high vacancies.Not solving maintenance issuesWhen tenants ask for something to be fixed, it is crucial for landlords to reply quickly. Ignoring such requests is one of the biggest mistakes you can make as a landlord. Landlords have an ethical responsibility to provide tenants with comfortable and secure living conditions. Failing to deliver this responsibility lead to having a bad relationships with tenants.Relying on verbal agreementsA lot of rookie landlords make this mistake. They go for verbal agreements not thinking about the possible consequences. As a result, they face problems related to security deposits, monthly payments, and maintenance costs. Covering all important issues in a rental agreement will help avoid these misunderstandings.Building personal relations with a clientFriendly relationships might have a lot of advantages, but they can become a threat to your real estate business. While it is not a big deal to ask tenants to pay on time or fine them for breach of lease, doing this to your friends is harder. There is nothing wrong with being friendly to renters, but landlords should stay down-to-earth and fair. “Nothing personal, it’s just business” keep this as your keystone.Hope this helps!

What is the best commercial real estate website?I personally reviewed 1,000’s of real estate company sites and pulled elements from what I thought to be the best in terms of design, functionality, innovation, and branding. Through this process I learned that real estate firms generally don’t care about branding and it’s apparent in their company web design and general online presence.However, there are a number of firms who are pushing the envelope, learning from their counterparts in more innovative niches, and understand the importance of creating a strong brand that transcends the real estate business.Here’s the top 100 CRE Company websites as of 2016:Origin Investments*Longpoint Realty Partners*Long Wharf Capital*Dome Equities*TwinRock Partners*Onyx Equities*Alterra Property Group*Timberlane Partners*Hamilton Zanze*Ellis Partners*Kayne Anderson*Crescent Heights*Advalurem Group*Main Street InvestmentsSpirit Investment Partners*Fairway AmericaEverest Medical Core Properties*Madison International Realty*Matthews Real Estate Investment Services*Peak Capital*The Clairmont Group*Advance Realty*KS Partners*Nitneil Partners*Fisher Brothers*Maxx Properties*Sunrise Capital Investors*Beachwold Residential*29th Street Capital*ASH NYCCross Properties*JOSS Realty*MedProperties*Benedict Canyon EquitiesSterling BayTryperion Partners*Shift Capital*East End CapitalWorkforce Partners*Simon CRE*Sand Investment Group*MRP Realty*Atapco PropertiesR^2 Companies*Cousins Properties*Sundance Bay*Shooshan Company*Synapse Development*Atlas Real Estate Partners*Realington*Bauhouse GroupHeaton Companies*Rockport Equity*Lightstone GroupSimpson Property Group*Fairlead Commercial Real EstateNRP Group*Keystone Property GroupKushner Companies*Residential Redevelopment Co.Wood PartnersThe Dilweg Companies*Pinnacle*Arx Urban*Karma Investment PropertiesBijou PropertiesPalisades Capital Realty Advisors*RISE – A Real Estate CompanyJDS Development*Taconic Investment PartnersQuickLiquidity*Savannah FundMetonic Real Estate SolutionsCardinal GroupTrion Properties*Lincoln Equities GroupBrookfield601W CompaniesEssex*Engine Real Estate*AmstarMAC Properties*Matan CompaniesRealOp InvestmentsXL Property ManagementOlympus PropertyMarble Capital*Wheelock Street Capital*JCR CompaniesOculus Realty*One Wall Partners*Stillwater Capital InvestmentsBeatty DevelopmentBoston CapitalCayuga Capital Management*Klein EnterprisesCharles River Realty InvestorsAvanath Capital ManagementROCO Real Estate*HB Capital Group*Stream Realty*Butler EquitiesInsight Property Group*Barnett CapitalOpenPath Investments*Drake Real Estate PartnersJMC HoldingsBC Wood PropertiesElion Partners*Foulger-Pratt*Delco Development*Black Sand CapitalVerris CapitalWHEAT Capital Management*Maroon Peak Partners*i3i InterestsPost BrothersGMH Capital PartnersMill Creek Residential*ReVision Real Estate Investment*Alturas Capital*Vanbarton Group*Bridgeton Holdings*Rising Realty Partners*Urban Visions*Eightfold CapitalBixby Land Company*United Property Partners*Watt Companies*Intelica Commercial Real Estate*Nitya Capital*Source: http://astudentoftherealestategame.com/top-100-commercial-real-estate-company-websites/

Trump avoided paying taxes for years, largely because his business empire reported losing more money than it made, report saysBy David A. Fahrenthold and Yeganeh TorbatiSeptember 27, 2020 at 7:29 p.m. EDThttps://www.washingtonpost.com/politics/trump-taxes/2020/09/27/8a58c618-010f-11eb-a2db-417cddf4816a_story.htmlPresident Trump paid just $750 in federal income taxes in 2016 and the same amount in 2017, and paid no taxes at all in several previous years, largely because his business empire has reported losing more money than it made, according to a new report in the New York Times.In a story posted Sunday afternoon, the Times said it had obtained tax-return data for Trump and his businesses covering much of the last two decades. Trump has refused to release his tax returns — making him the only president in recent history to do so — and he went to the Supreme Court earlier this year to stop Congress and the Manhattan District Attorney from accessing them.The Times story shows what Trump would not: that the business empire he brags about has struggled, with keystone properties like the president’s Doral resort and his D.C. hotel steadily losing money. And that, in the next few years, Trump will be required to pay about $421 million in loans and other debts.