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Ambassador
3,965,624
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

By keeping the property well maintained and having consistently good tenants

Mar 02, 2017 04:00 PM
Rainmaker
1,826,887
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Poor Mngmt = Less rent = decreased values

Mar 02, 2017 03:10 PM
Ambassador
2,188,882
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Keeping the property in good condition will help to keep the value in the neighborhood. 

Mar 02, 2017 08:14 PM
Rainmaker
2,973,838
Richard Weeks
Dallas, TX
REALTOR®, Broker

If they keep the property occupied with good tenants who pay on time, and care for the property values should go up.

Mar 02, 2017 12:52 PM
Rainmaker
1,039,478
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

If they keep the property occupied with good tenants who pay on time, and care for the property values should go up.

Feb 27, 2018 07:27 PM
Ambassador
4,299,356
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

abby tiscareno - the world goes after the beauty. One who cannot take care of this basics is likely to suffer.

Mar 02, 2017 10:35 PM
Rainmaker
562,186
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

Keeping the property maintained and at market rent so it brings a good return.

Mar 02, 2017 06:29 PM
Ambassador
3,982,858
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

If it is commercial or investment property the rental potential affects value so you would want to get the best usage and highest possible rent.

Mar 02, 2017 06:13 PM
Rainmaker
922,028
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Neglectful managers will affect the condition, therefore the value.

Mar 02, 2017 05:26 PM
Ambassador
1,631,073
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Evidently your teacher did go over the economic value of an appraisal.

Mar 02, 2017 04:01 PM
Ambassador
2,351,819
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

Richard Weeks said it.

Mar 02, 2017 01:43 PM
Rainmaker
768,095
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I'm not sure I completely understand this question. More context? -Kasey

Mar 02, 2017 01:26 PM
Rainer
408,394
John Duke
Staging By John - Burlington, NC
We stage your home to show it at its best!

I would assume both positively and negatively but its not my area of expertise

Mar 04, 2018 08:52 AM
Ambassador
4,163,472
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671
I hope the classes are going well.
Mar 20, 2017 08:33 PM
Rainmaker
4,401,336
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Abby,

Property maintenance is key, when it is well cared for, it maintains or increases its value.  A

Mar 04, 2017 08:41 PM
Rainmaker
863,646
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

By making sure they lease to right tenants who will maintain the curb appeal of the property.

Mar 04, 2017 08:51 AM
Rainmaker
1,229,344
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Abby, how does the care and maintenance of your vehicle affect it's resale value?  The answer to that question is also the answer to yours.

Mar 03, 2017 08:26 AM
Rainmaker
5,343,577
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Poor management can be very expensive.

Mar 03, 2017 06:02 AM
Rainmaker
4,796,914
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It depends on how they service the property.

Mar 03, 2017 05:56 AM
Rainmaker
3,052,041
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Michael J. Perry nailed this one!

Mar 03, 2017 04:42 AM
Rainmaker
3,054,508
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I believe you've received your answer.

Mar 03, 2017 03:26 AM
Rainmaker
3,796,127
Dorie Dillard CRS GRI ABR
Coldwell Banker United Realtors® ~ 512.750.6899 - Austin, TX
Serving Buyers & Sellers in NW Austin Real Estate

Richard Weeks hasd the best answer for you.

Mar 02, 2017 04:38 PM
Rainmaker
1,157,274
FN LN
Toronto, ON

Depending on the situation, property value could increase, decrease or stay the same.

Mar 02, 2017 02:40 PM
Rainmaker
1,523,593
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

If you hire a property manager, they get qualified tenants and your property "should" be in good hands!  They also have access to attorneys in case legal action needs to be taken.

Mar 02, 2017 02:35 PM
Rainmaker
4,432,093
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

Richard has answered.

Mar 02, 2017 02:23 PM
Rainmaker
1,372,997
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

abby tiscareno It doesn't affect property value. It just means the property is being leased. Property value could be affected if the tenant destroys the property and the owner does not effect any repairs.

Mar 02, 2017 01:52 PM
Rainmaker
2,444,820
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

A standard is put in place and consistent which adds value

Mar 02, 2017 12:57 PM
Ambassador
1,613,698
Harry F. D'Elia
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

great property management will increase value

Mar 02, 2017 11:53 AM