Stonegate Property Management

TIP: Something to consider when owning property, especially multiple properties. It is to have a lockbox on site. This is a small box with a combination where you can place certain keys inside. The advantage is that if you ever have tradespeople, a Superintendant, real estate agent or yourself needs a key you can place it in here. We can tell you from experience that it has saved us A LOT of time. Oh, by the way, the cost of this lockbox is about $60. You can get fancier ones that you can control with WIFI as well.

Something to think about when renting out space is if the electricity is include or not included in the rent. We have a practice to always exclude electricity and make the tenant setup their own account. If the tenant doesn’t pay their bill the power company will come and shut it off. Be sure to write up your leases properly to avoid headaches.