Expert Insights and Advice
Access a wealth of knowledge and practical tips to help you navigate and excel in property management.
Posted on August 4th, 2024
Commercial properties are a significant investment for businesses and individuals. Whether it's an office building or a retail center, commercial properties require effective management to maintain their value and attract tenants.
To e…
Posted on August 4th, 2024
As the real estate industry evolves, so does the demand for property managers. Property managers oversee the day-to-day operations of rental properties, ensuring that everything runs smoothly for both the landlord and the tenants. This …
Posted on August 4th, 2024
Technology has brought about significant changes in many industries, and property management is no exception. Property managers have had to adapt to new technologies to remain competitive and efficient in managing properties. In this ar…
Posted on August 4th, 2024
Residential property management is a vast and complex field that can be challenging for beginners. It involves managing properties, tenants, finances, and legal matters.
As a beginner, it is essential to understand the basics of reside…
Posted on August 4th, 2024
As a commercial property owner, you will likely be looking for a reliable and knowledgeable property manager who can provide the services you need to ensure your property is managed efficiently and effectively.
A commercial property ma…
Posted on August 4th, 2024
Property management is an important part of the real estate industry and provides an invaluable service to landlords and tenants alike. It is a complex and demanding job and requires a great deal of knowledge and skill.
By properly man…
Posted on August 4th, 2024
Renting a property can be a daunting experience, especially if you're new to the process. From understanding lease terms to knowing your rights as a tenant, there are several factors to consider when renting a property. However, one of …
Posted on August 4th, 2024
As society becomes increasingly environmentally conscious, property managers must adapt by implementing sustainable practices in their residential and commercial properties. By focusing on sustainability, property managers can not only …
Posted on August 4th, 2024
In today's fast-paced world, efficient property management is crucial for maximizing return on investment for residential and commercial property owners. One critical aspect of efficient property management is incorporating the right pr…
Posted on August 1st, 2024
As a rental property owner, you're always looking for ways to make smart investments and increase the value of your property. One way to do this is through strategic home improvements. However, not all improvements are equal when it com…
Posted on August 1st, 2024
Managing multiple rental properties can be a rewarding experience, but it also comes with its fair share of challenges. From maintaining the properties to dealing with tenants, many responsibilities come with being a landlord.
In this …
Posted on August 1st, 2024
One of the most critical aspects of property management is selecting reliable and responsible tenants. A thorough tenant screening process not only minimizes future issues related to late rent payments and property damage but also contr…
Posted on August 1st, 2024
As a landlord, eviction is a last resort when dealing with troublesome tenants. However, when push comes to shove, Pennsylvania law provides a legal framework for such action. Before commencing an eviction, it is essential to understand…
Posted on August 1st, 2024
Successful real estate investment requires not only the acquisition of high-potential properties, but also the implementation of effective asset management strategies that drive optimal performance and maximize returns. To achieve this,…
Posted on August 1st, 2024
The world is witnessing a growing awareness to embrace sustainability and protect our environment for future generations. This shift in focus has paved the way for innovative and meaningful changes across various industries – and proper…
Posted on August 1st, 2024
The complexities of property management can be overwhelming for many residential and commercial property owners. From handling tenant issues to overseeing regular maintenance, managing a property requires expertise, time, and commitment…
Posted on August 1st, 2024
Philadelphia rental property owners must obtain a rental license for every rental property they own in the city. Unfortunately, many landlords are either unaware of this requirement or struggle with the complex process of obtaining the …
Posted on August 1st, 2024
In today's rapidly changing world, sustainability has become a key concern for businesses, individuals, and society. As awareness about environmental challenges such as climate change, resource depletion, and pollution increases, proper…
Posted on August 1st, 2024
Tenant retention is vital to the success and profitability of your residential and commercial properties. With high tenant turnover comes increased expenses, such as lost rental income, marketing costs, and unit refurbishment. To keep y…
Posted on July 31st, 2024
Commercial property management, comprising retail, office, and industrial properties, presents a unique set of challenges and opportunities for property managers and investors. Successfully navigating the commercial property management m…
Posted on July 31st, 2024
If you're a landlord, one of your top priorities is protecting your property investment. One crucial aspect of this is tenant screening. Tenant screening involves evaluating prospective tenants to determine their suitability for renting …
Posted on July 31st, 2024
Managing residential and commercial properties can be a complex and time-consuming task, making it crucial to streamline operations for enhanced performance and profitability. Cornerstone Management, renowned for their innovative solutio…
Posted on July 31st, 2024
Whether you've recently started or are a professional investor, real estate investment offers people many financial benefits. This venture lets you achieve financial freedom, especially during uncertain times. It also allows you to enjoy…
Posted on July 31st, 2024
In today's rapidly evolving technological landscape, real estate investors and property owners are constantly seeking smart solutions to streamline their operations and elevate their property management experiences. Property technology (…
Posted on July 31st, 2024
Technological advancements continuously reshape how we live and work in today's rapidly evolving world. This transformation is no less true for the property management industry, where modernizing processes and embracing innovation have b…
Posted on July 31st, 2024
Real estate investments hold significant potential for financial growth when managed effectively. A crucial aspect of this growth process is expert property management focused on maximizing your return on investment (ROI). In this articl…
Posted on July 29th, 2024
Property inspections are essential to managing and maintaining a residential or commercial property. Regular inspections as part of managing rentals not only help in identifying any potential issues but also contribute to the overall val…
Posted on July 29th, 2024
The ever-evolving world of property management continually demands efficiency, expertise, and adaptability. As a property manager, staying ahead of the curve with the latest technology solutions is crucial for optimizing operations and c…
Posted on July 29th, 2024
The intersection of technology and property management continues to gain momentum, offering new possibilities for property managers, owners, and tenants. This exciting confluence, known as Property Technology (PropTech), has reshaped the…
Posted on July 29th, 2024
Rent collection is a crucial task for landlords that can affect their cash flow and profitability. Collecting rent on time from tenants is essential to pay bills, maintain the property, and ensure a steady income stream. However, rent co…
Posted on July 29th, 2024
Property management accounting can be a daunting task, especially for those who are not well-versed in financial matters. With so many aspects to consider, from rent collection and expense tracking to budgeting and financial reporting, i…
Posted on July 29th, 2024
Choosing the right property management company is crucial to the success of your residential or commercial investment. Cornerstone Management, a team of accountants and tech experts, offers a comprehensive suite of property management se…
Posted on July 29th, 2024
As a landlord, one of your primary objectives is to ensure that your rental property generates a steady income while maintaining its value. Choosing the right tenants is an essential component of this process. It can be the difference be…
Posted on July 29th, 2024
When it comes to managing residential or commercial properties, adhering to a regular maintenance schedule is crucial. Proactive maintenance not only enhances tenant satisfaction and retention but also preserves property value and minimi…
Posted on July 29th, 2024
Successful property management goes beyond property maintenance and rent collection; one of the key aspects to achieving long-term business prosperity is building and maintaining tenant relationships. High tenant turnover can be detrimen…
Posted on July 29th, 2024
Navigating the world of residential and commercial property management can be a challenge. To ensure long-term investment success, it's crucial to partner with a firm that possesses unparalleled expertise and industry knowledge. Cornerst…
Posted on July 29th, 2024
In the dynamic world of real estate, savvy landlords and property managers understand that the key to success lies not only in the acquisition and maintenance of properties, but also in the careful selection of tenants.
If you've been i…
Posted on July 29th, 2024
Property management is not only about concrete walls, chic interiors, or strategic locations. At the heart of it are the tenants - the people who breathe life into the property. Thus, communication and relationship-building become centra…
Posted on July 29th, 2024
In the ever-evolving landscape of property management, adopting advanced technology solutions is crucial for creating an efficient and effective experience for both property owners and tenants.
Cornerstone Management recognizes the impor…
Posted on July 29th, 2024
Property management is a challenging and complex task that requires careful planning, organization, and attention to detail. Property owners and managers must navigate a broad range of responsibilities, from maintaining properties to man…
Posted on July 29th, 2024
As global concerns about climate change and the need for sustainable living continue to rise, the demand for environmentally-conscious property management practices is greater than ever. Implementing eco-friendly solutions and energy eff…
Posted on July 29th, 2024
Rent collection is an essential aspect of managing rental properties. As a landlord, receiving timely and full payment of rent is crucial for maintaining the financial stability of your investment property. However, rent collection can b…
Posted on July 29th, 2024
Efficient financial management is a cornerstone of successful property management, and accounting expertise plays a pivotal role in achieving this efficiency. The integration of accounting knowledge and outstanding property management pr…
Posted on July 29th, 2024
Commercial property management presents unique challenges and opportunities within the real estate sector. With the evolving business landscape and the rise of the digital economy, traditional brick-and-mortar spaces are no longer the so…
Posted on July 29th, 2024
In recent years, technological innovations have revolutionized the property management industry, offering improved efficiency, data-driven decision-making, and enhanced tenant experience. Embracing these technological advancements is cru…
Posted on July 29th, 2024
As a landlord, dealing with tenant complaints is an inevitable part of the job. While some complaints might be minor, others can be serious and require immediate attention. Understanding the most common tenant complaints and how to addre…
Posted on July 29th, 2024
As the global population becomes increasingly aware of the environment, sustainable property management practices have gained significant importance in the real estate market. Green property management focuses on preserving resources, re…
Posted on July 29th, 2024
The multifamily property management industry has experienced considerable growth in recent years, driven in part by shifting demographics, urbanization, and changes in lifestyle preferences. As more and more individuals choose to rent ra…
Posted on July 29th, 2024
Understanding and complying with Fair Housing Laws are crucial responsibilities for residential and commercial property managers. These laws not only protect the rights of tenants but also help property managers mitigate potential liabil…
Posted on July 29th, 2024
Eviction services are often necessary when dealing with problematic renters who refuse to pay rent or violate lease agreements. Here are three ways they'll deal with those pesky renters:
Serve a Notice of Eviction
The first step in evic…
Posted on July 10th, 2024
Finding the right tenants is crucial for any rental property owner. Effective tenant screening and placement can significantly impact the overall success of property management, reducing risks and maximizing returns. At Cornerstone Manag…
Posted on June 19th, 2024
Overseeing rental units can be a complex and time-consuming endeavor. Owners often find themselves juggling multiple tasks, from tenant screening to maintenance coordination. This is where a professional management company can make a sig…
Posted on May 25th, 2024
In recent years, interest in sustainable living has surged, with more tenants seeking eco-friendly rental properties that align with their environmentally conscious values. As property managers, adopting green practices and implementing s…
Posted on April 5th, 2024
The real estate industry has undergone significant changes over the past few years, thanks to the rapid evolution of proptech (property technology). Driven by advancements in technology and shifting consumer behaviors, proptech has revol…
Frequently Asked Questions
Choosing the right management services can significantly enhance the success and profitability of your rental investments. At Cornerstone Management, we offer a wide range of tailored services designed to meet the unique needs of property owners in Philadelphia.
Our expert team is committed to delivering exceptional service. Explore how our customized solutions can make a difference in managing your rental properties, ensuring a smooth and profitable experience.
