Wisconsin Property Management–10 things to consider when choosing a Property Management Company

Real Estate investing is very profitable and can be a great way to build your wealth. The Wisconsin Real Estate market is very stable and a great place to invest in rental property, however, properly managing your rental investments can be a full time job. This is where many turn to a professional property management company to handle the day to day operations of the property. Selecting the right property management company will ensure your investment grows while you avoid the everyday headaches of owning rental property. There are many property management companies in Wisconsin to choose from and many things to consider when deciding which property management company to hire. The following are the top 10 things to consider when selecting a rental property management company in Wisconsin.

1)Verify that they are properly licensed for property management. Wisconsin requires all property management companies to possess a real estate broker license. Companies that do not have the proper licensing should not be offering property management services.

2)Make sure they have a real estate trust account for third party funds. They will be handling yours and your tenants money and are required to have a trust account that can be audited by the State of Wisconsin.
3)Verify that your property management company is fully insured. A property management company should be listed as an additional insured on your policy and also have a general liability policy of there own.
4)Verify that your property management company has an automated bookkeeping system that is regularly backed up and accessible.
5)Make sure you check references. If the property management company is respected and reputable they will be more than happy to provide you with a list of reference contacts.
6)Make sure they have a solid process in place for choosing tenants. Do they check their credit, criminal records, income qualification, etc? Many property management companies fail to conduct proper background checks and this can be very costly and potentially dangerous to your property. Avoiding the eviction process should be a major goal for any property management company.

7)Verify that your property management company is professional in its business practices and that their employees possess a professional appearance and proper manners. They will be representing both you and your property.
8)Make sure they do scheduled inspections, both interior and exterior. Inspections insure the property is being properly cared for, tenants are obeying the rules of the lease, and can prevent problems from growing out of control. They will also help you budget for future repairs that will be needed.
9)Make sure you fully understand all their fees. Typically, there is a tenant acquisition fee and also a monthly management fee. Ask how their maintenance and repair labor is charged and also if they markup sublet vendors invoices.
10) Verify that you have fully reviewed your property managment company’s lease forms and be sure to address any specific terms that you find to be important. Some good examples of things to address are: pets, smoking, yard maintenance, painting, etc…

MPC Property Management has taken over many properties in Wisconsin where the former property management company did not meet many of the above items. These have become our best customers because they know what it is like to not have a property managed properly. I hope I have provided a good checklist of things to consider when choosing a Wisconsin property management company. I would be more than happy to answer any additional questions you may have in regards to Wisconsin property management so feel free to contact me or vistit our website for more information.

Time Management Journal How To Use A Time Management Log

By using a time management log you will learn how to have a more balanced life. It will answer questions such as where do you spend your time? When are you most alert? What do you procrastinate about?

The best thing about a time journal is that it gives you back control over your life. The idea is to record what you do so you can learn what things you are currently spending your time on. It is not complicated, or hard to learn how to use. A simple notepad and pen will do the trick!

The best log will be simple and will be easy to keep at hand. As your day goes on, write down what you’re doing. That’s all. Don’t try to remember back at the end of the day, write down what you’re doing as the day happens. Note your work and interruptions, home and recreation time. The shortest amount of time to keep a log, to be effective, is three days. Try to keep one going for a week as that will give you a more complete picture of what you’re doing over time.

At the end of the day, if you don’t use your time management log -no-one is going to use it for you. To make the most of it, keep writing in it for the 3 or 7 days. If you want to include more details you could color code your time journal, or use an “A, B, C” priority system.

You can also note how you feel about various tasks, especially during work hours. You can also note when you are just killing time. Note when you are most productive. What are the circumstances for each? Identify your problem areas and the times when you are doing well.

A time management log is a big picture exercise. On completion you should have an eagles eye view of how you are spending your time, so it will be easier to then plan how you really want to spend it. Use your time journal to take back control of your life.

Rentec Direct Property Management Software A Cost-Effective Investment

Considering the current breakthroughs of technology, you can take advantage of the benefits you can get to maximize and streamline your property rental business. As a property manager, either you own a commercial rental and leasing or multifamily property rental business; you have to look at what property management software has to offer to save you time and money.

There are several organizations that can provide you with a property management software. Even so, do not just simply select the first product you come across with. It is advisable to shop around and look for software that provides the tools and functions you need to run your rental business.

Currently, RenTec Direct, a team of property owners, investors and managers offers the most innovative and sophisticated property management software you can find in the web. The organization offers three different types of property software, namely:

Property management Software – which is ideal for Professional Property Managers, it offers an extensive and secure solution to assist you in managing and tracking unlimited properties, owners and tenants.

Landlord Software – is made for landlords who manage one or many properties, it includes all of the tools needed to manage and track unlimited properties and tenants. Simply for your accounting both throughout the year and at tax time. And lastly the

Association Management Software – is created specifically for self-managed organizations to assist them to easily record dues, assessments, repairs and other recurring expenses related with your association.

Since this Property Management Software has all the basic features you need for your real estate needs, RenTec Direct Property Management Software eliminates the manual processes you might experience like tracking occupant payments and the vacancy rates.

Their Property Management Software can also handle accounting functions necessary to run your business effortlessly including keeping and even tracking rent and tenant accounts and so much more!

Using a property management software is indeed essential for your rental business.

To learn more about RenTec Direct Property management Software, call (800) 881-5139 or visit http://www.rentecdirect.com/

ISO 90012008 Quality Management System

ISO is abbreviation of International Organization for standardization, is quality management standard which is occurred by ISO. ISO 9001:2008 certificates betrays that product and services of organization is managed according to management system accepted by international and determines that assurance about quality of product and services always goes on.

ISO 9001:2008 is a standard which identifies effective quality management system. When organization meets requirements of this standard, it can take ISO 9001 certificate. This certificate shows that product and services are produced suitable to standard accepted by international. Standard was developed by ISO (International Organization for standardization) which central of it is in Switzerland at Geneva. More than 90 countries are member of ISO. Power of accreditation of certification bodies were given to committees of member countries. Different standards which are developed for similar Technologies in different countries and different Technologies, are named as -‘ technical obstacle for trade” and these standards are used against producers. Aim of ISO is to prepare recognized ISO 9000 quality management standards by international and to remove like these obstacles in front of trade. What is ISO 9000? : It is out – and-outer a standard which is to increase customer satisfaction and to establish, to develop quality management system and issued by ISO. What is ISO 9001:2008? : During establishing of quality management system applied necessary requirements which was identified, and it is dependency to certification audit. It is name of given certificate.

Parts of ISO 9001:2008 1. Scope 2. Normatif standard 3. Terms and definitions 4. Quality management system 4.1 General requirements 4.2 Documentation requirements 5. Management responsibility 5.1 Management Commitment 5.2 Customer focusing 5.3 Quality policy 5.4 Planning 5.5 Responsibility, power and communication 5.6 Management review 6. Resource management 6.1 Providing of resources 6.2 Human resources 6.3 Infrastructure 6.4 Work environment 7. Product realization 7.1 Plan of Product realization 7.2 Processes related customer 7.3 Design and develop 7.4 Purchasing 7.5 Providing of product and services 7.6 Control of monitoring and measurement tools 8. Measurement, analysis and improvement 8.1 General 8.2 Monitoring and measurement 8.3 Control of non-conformity product 8.4 Data analysis 8.5 Improvement

Benefits of ISO 9001:2008 Increasing of operation image in market (prestige) Providing of different from rivals in market actions Operation from benefit of certificate which is available in international (demonstrating of quality for export) Increasing of costumer satisfaction and costumer allegiance Decreasing of fault ratio, wastages, again operating Doing as effective of input, production and last control Providing easily in supplier selection, evaluation and following Providing easily in determining and distribution of powers and responsibilities inside operation Occurring of documentation (infrastructure) which makes standard of operation actions Occurring of infrastructure which keeps regularly records in the past Doing of situation analysis with data’s and statically measurements and making decision for future with analysis results Steping impotant in institutional way

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Digital Rights Management

Imagine being told that while you have paid for a magazine that you now hold, you are only permitted to read it three times. After that, you need to prove that you paid for it and go through an administrative process before you are allowed to leaf through it again. This pretty much sums up the situation that exists on the digital front, with gaming in particular being a newsworthy focus. Music and movies and the rest of the digital entertainment arena are also affected in some way by Digital Rights Management or DRM.

The merits of DRM, which exists in the form of copy protections, encryptions and online verifications at the moment, are heatedly debated. There are those who argue that the protections and checks that are in place are there to maintain the revenue that the items in question generate. This is the side taken mostly by those who implement these systems.

The other side of the coin argues that the consumer suffers when these DRM measures are used. Pointless registration and verification needs to be done by the folks who legally own the software or digital media in question. There would be a third side to this argument but the folks who pirate material of this nature have not ventured an opinion since they are generally far too busy breaking copy protections and the like. It appears that the folks who are targeted by the anti-piracy measures are largely unaffected by the measures themselves.

WTF is DRM?

Digital Rights Management seeks to control access to copying and conversion of digital media by unauthorized persons. These measures often affect end users and legal owners of media as well as the targeted individuals who may pirate the software or media in question. For example, a person who owns a DVD or Compact Disc is perfectly entitled to make a copy of either disc for their own use, as the legal owner of the product. This is defined as -fair use’ of the product but any DRM implemented on the disc prevents this use, even for legal owners.

Current DRM and copyright restricting measures are vastly more draconian than they are permitted to be, strictly speaking. The access control that they contain is not really covered by any existing law and they [the access controls] are implemented on an on-the-fly basis across different media, determined by the publisher or copyright holder. As of right now, digital media may not be reverse-engineered and any and all forms of copy protection may be bypassed or cracked if the intent is to make the digital media compatible with other software. For instance, if someone has coded a media player, they are allowed to crack the copy protection of a DVD that they possess in order to make it run on said player, should the protection be preventing functionality. The laws also permit fair use, which is denied to owners of digital media by the companies that include DRM on their products.

Real life effects

On first thought, DRM will appear to do far more harm than good, at least for the folks who have legally purchased the software or digital media. Those who have obtained their software through the correct channels have to put up with the limitations that have been included to prevent illegal copying.

To be fair, it is not those who have paid for their software or similar who are being targeted but often someone who has cracked a game or downloaded an ISO from a torrent website will not have to put up with any of these restrictions. Even online games are able to be circumvented with an estimated 4-5 percent of Call of Duty 4 online players having games on cracked servers. These numbers are by no means definitive and are based on a search of server titles with the word -Crack’ in them. This is not to say that the players in these servers have all got pirated copies of COD4 but it does illustrate that pirated copies can be used online, regardless of the DRM measures.

Generally when someone goes to the trouble of cracking a game; they remove the side-effects of the DRM. Thus a DVD becomes an AVI file, which can be easily copied and distributed, has a smaller file size and often is encoded to almost DVD quality. A game’s copy protection can be removed and along with it, the need to activate several times or poll online to confirm a game is genuine or any of a host of procedures. In general pirates seem to be getting the better deal.

A country like South Africa also has a problem with constant online activations. Internet connections are sparse and online authentication is sometimes not possible. If someone has bought and paid for a game, just how ethical is obtaining a crack that bypasses online authentication? Cracking a game if one happens to own the original falls under the fair use banner, as does copying the same game. However, current DRM prevents fair use for legal owners. Only pirates benefit in this scenario.

Does DRM go too far?

With gaming in particular in mind, those that implement DRM appear to overdo things. Recently, several games have made headlines for their abuse of Digital Rights Management but there is a bit of history behind it. The infamous Starforce copy protections system was blamed for corrupting systems and causing crashes and games that were protected by Starforce and subsequently cracked were known to suffer from performance degradation. Starforce installed a driver onto computers that checked on the validity of a given disc. Warez groups have made a living out of cracking Starforce’s many incarnations and large amounts of documentation are floating around detailing how it works and how to circumvent it. One crack actually fixed a problem with Splinter Cell: Chaos Theory not being able to run on 64-bit CPUs.

Starforce has since been dropped by some of its major supporters, notably UbiSoft. The protection de jour is now SecuROM. SecuROM is known for certain compatibility issues that prevent games from running on the two major OSs. These issues arise from system settings that have nothing to do with the game and can prevent it from being played at all. There have been workarounds for these issues but again, pirates and those who cracked their legal copies of the games in question (Command and Conquer 3; BioShock, S.T.A.LK.E.R. and others) do not experience any such issues.

Specific problems with SecuROM occurred with BioShock. The game was accused of installing a form of malware onto a host computer along with the main install. This was picked up by several antivirus programs and the installation created a security hole that could be exploited. The Sims 2 series was also affected by SecuROM with reports of system damage being seen as a result of the copy protection system. Some of the problems reported included hardware failure in optical drives and general system faults that have required formats to correct, all of which have been attributed to SecuROM.

Mass Effect’s controversial activation system is now infamous. The game was originally to require online activation every ten days, failing which it would cease to function. This insane measure was later retracted after the massive volume of complaints that it generated before the game’s release but the SecuROM system was left in place and the installation limit kept at three installs. In order to install Mass Effect after that, EA has to be contacted to reset the install limit.

Spore is the subject of a court case in the USA, due to its SecuROM system and a slew of low review ratings that have nothing to do with the game and everything to do with its protection system. The installation limit for Spore has been lifted from three to five installs and installs can now be deregistered and moved to other machines. This was in response to opposition to DRM implementation by customers. Crysis: Warhead has also seen a similar reaction, but EA amended its stance on the activation scheme for Warhead, lessening the restrictions somewhat. Warhead never met with the same opposition to its DRM as Spore did due to the fast response by the publisher concerning the public’s demands.

The upcoming Sacred 2 will feature a SecuROM system but will not be restricted on installs. Like most current titles, once installed the game will not require the disc. The terms of the license will allow two players to legally LAN off one copy of the game. This set of features seems to indicate a compromise on the part of the developer which would please most owners of the game. DRM of this nature tries not to infringe too much on the rights of the legal owners while trying to combat the piracy issue.

Rise Against

There are those who argue that DRM is an infringement on freedoms that companies have no right to impose. In most cases cited, it is the everyday consumer who is harmed by the side-effects of protection systems while the pirates appear to get off scot-free. Games are generally fully cracked within hours of their official release and in the case of the PC edition of Assassin’s Creed, quite a while before the official release. DRM is sometimes seen as an immoral, greedy attempt by companies to funnel as much money as possible into their coffers at the expense of the valid consumer. This is perhaps how the average fellow on the street will view DRM but the cold truth is that it is mostly an attempt to combat rampant piracy. The customers who actually paid money for the product are simply casualties of war. Despite this, it is virtually certain that DRM issues would be far more severe if it were not for gaming and other digital publishers listening to their market.

There are however campaigns against the use of Digital Rights Management which have got the right idea. DRM is only wrong when it infringes on the freedoms of the legal consumer which essentially means that a rethink of the mechanisms being used is perhaps in order. It is one thing to try and limit the access that pirates have to an intellectual property and quite another to hurt one’s paying customers at the same time.

In its current state, DRM is missing the target that it aims for in the pirates who are stealing the digital properties. The splash damage is, however, catching their customers.

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