Author: Alex Delaney  At Compass Property Management, we are staying on top of our rent rolls. We are following up with all delinquent tenants, offering them empathy, support, resources and options. We are allowing weekly payments, if necessary, for those reliant on unemployment checks. We suspended late fees for April and May and we are…

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Author: Alex Delaney You are not alone. The Covid-19 pandemic has rocked our world to the core. But you don’t have to wait for everything to fall apart. There are steps you can take to keep your credit in good shape, or at least keep it from bottoming out. 1) Determine your budget. We are…

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Author: Alex Delaney In 2019,  the economy was surging, but experts were starting to predict a slowdown. We took their advice and streamlined our company allowing us to focus on what we do best, the management of rental properties. We believed this move would allow us to tighten our belts and navigate a potentially shrinking…

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Author: Alex Delaney Section 8 has a bad reputation. While not all Section 8 tenants are problematic, there are enough horror stories to keep landlords from considering this program, especially those with personal experience. Landlords, who have pulled out of the system long ago, cite problems getting the tenant’s portion of rent, overzealous inspectors with…

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Author: Alex Delaney In this time of social distancing, vacation plans have been put on hold creating a devastating financial setback for short-term vacation rental owners. There is a lot of concern that the current pandemic situation will not resolve until a vaccine is available, which is currently projected to be a year to a…

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Author: Alex Delaney Bad Credit?  Low Credit Score? Your credit score determines whether you can get a loan with a high-interest rate, or a low-interest rate, or whether you can access credit at all.  It takes time to build a good credit history but starting now will put you in a better position in the…

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Author: Alex Delaney The baby boomer generation started at the close of World War II and ended in 1964. The economy thrived through most of their years, allowing them a measure of wealth unheard of in their parents’ generation, which had suffered through the Great Depression. That wealth allowed 45% of them to purchase homes…

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