St. Louis & Southeast Missouri Property Management

By Soto Property Solutions - Monday, November 30, 2020

DIYers of Property Management

Hi I’m Jessica Farrar with SOTO Property Solutions. Today I’m talking to all you do-it-yourselfers out there. Maybe you do it yourself to save money or because you like the control. I’m talking about professional services. Let’s look at a few instances whe...

By Soto Property Solutions - Tuesday, May 12, 2015

reserve? it’s like a rainy day account.

When doing an analysis on a property, one of the things you should account for is a reserve fund. Our clients allow us to hold a reserve in their account for them. Actually we require it. It’s a relatively small amount but it’s enough to cover most any expense that comes u...

By Soto Property Solutions - Monday, March 3, 2014

it’s just a few coins

We have this little office pool going where you guess when the postage meter has to be refilled. Who ever guesses the correct date, wins. When we first started this, you just won bragging rights and you just had to get the closest to the date. We changed it to you have to pick th...

By Soto Property Solutions - Tuesday, November 12, 2013

they had the money

This past weekend, I was scheduled to show a foreclosed property that one of my clients was looking to buy. I arrived about 15 minutes early and was walking through the property when someone knocked at the door. It was a neighbor who was a little curious about what was going on w...

By Soto Property Solutions - Thursday, October 10, 2013

pawn star’s mentality

One of my favorite TV shows is Pawn Stars. If you don’t know it, it’s a reality show of a pawn shop in Las Vegas. It shows people coming in trying to pawn or sell items that they either bought from somewhere obscure or was left to them by a late relative. On occasion, someone...

By Soto Property Solutions - Tuesday, July 16, 2013

why is it still vacant?

We face this a lot. We market every property the same way, but some rent right away while others stay on the market for a long time. When a property stays vacant for a while, I get owners calling me asking me why we don’t have their property rented as if we’re not doing our j...

By Soto Property Solutions - Thursday, May 2, 2013

security deposits

One of the things a lot of landlords fail to realize or refuse to accept is that the security deposit belongs to the tenant. The landlord may be holding it, but it still belongs to the tenant. As a professional property manager and regulated by the state of Missouri, I’m requir...

By Soto Property Solutions - Thursday, April 18, 2013

yes it’s called fair housing

The other night I was at a social event. I ran into someone that I’ve met before but don’t know well. He informed me that he was one of my competitors. I knew that he didn’t hold a real estate license so I asked him how so? He let me know that he owned rental property and h...

By Soto Property Solutions - Wednesday, April 3, 2013

below market rent

I recently read an article about how to keep tenant turnover low. One of the suggestions was to not raise a tenants rent. The author commented that tenants do not understand that taxes go up or insurance goes up therefore won’t understand why rents go up. I for one am in co...

By Soto Property Solutions - Tuesday, March 26, 2013

you say you don’t want to be a landlord?

I just completed another weekend hosting a booth at the home and garden show. Having a booth at the home show is another way of marketing our business, to get our name out there and let people know what we do. Home shows typically are places for companies such as builders, landsc...

St. Louis & Southeast Missouri Property Management

DIYers of Property Management

reserve? it’s like a rainy day account.

it’s just a few coins

they had the money

pawn star’s mentality

why is it still vacant?

security deposits

yes it’s called fair housing

below market rent

you say you don’t want to be a landlord?

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