Did you know most landlord lawsuits don’t start with bad tenants? They start with missing documentation, outdated leases, or unclear communication.   It’s not the dramatic evictions that cost owners the most — it’s the simple, preventable mistakes that happen in daily management. At Colonial Property Management, we recently analyzed dozens of landlord disputes and […]

Cash vs. Accrual Accounting: What’s the Difference and Why It Matters When reviewing financial reports, one detail can significantly change how you interpret the numbers: whether the report is prepared on a cash basis or an accrual basis. Both are legitimate methods of accounting, but they paint very different pictures of financial activity. Let’s walk […]

We’re excited to share the Summer 2025 edition of our condo newsletter! Inside, you’ll find seasonal reminders, updated community guidelines, and important contact information — all designed to help you make the most out of the sunny days ahead. Scroll down to read the full newsletter below! ⬇️

It wasn’t. The tenant—quiet, polite, always paid on time—had turned the apartment into a health hazard. Piles of food. Rotten garbage. Stacked boxes to the ceiling. And it wasn’t just gross—it was dangerous:– Fire risk – Vermin – Structural hazards The Landlord Was Overwhelmed. Could they evict?Would the tenant sue?What were their rights? Here’s How […]

Want to Avoid Nightmare Tenants? Here’s What We Do—and You Can Too. Last year, a landlord in our network rented to what seemed like a “perfect” tenant. Good job, polite, quick to sign the lease. Fast forward 6 months… $4,800 in unpaid rent $2,000+ in damage 4 court appearances A vacant unit for 3 months […]

With spring’s arrival, it’s the perfect time to ensure your property is in top shape. One crucial task often overlooked is gutter cleaning. Neglecting your gutters can lead to significant issues like water damage, roof leaks, and foundation problems. Cleaning them now can prevent costly repairs later. Over fall and winter, leaves, twigs, and debris […]

Winter brings its own set of challenges for property owners. Freezing temperatures can lead to costly repairs if your property isn’t properly maintained. At Colonial Property Management, we believe that proactive care is the key to protecting your investment during the coldest months. Here’s how you can ensure your property weathers winter with minimal hassle. […]

Winter can be a beautiful season, but for property owners, it comes with responsibilities—including ensuring that snow and ice are promptly and safely removed from driveways, parking lots, and walkways. Neglecting this task or hiring the wrong contractor could lead to severe legal and financial consequences. Here’s why working with an insured snow removal contractor […]

In the world of property management, where balancing tenant needs, property maintenance, and strategic decision-making is crucial, financial accuracy is at the core of successful operations. Ensuring financial records are precise and up-to-date not only simplifies day-to-day operations but also safeguards property managers and owners from potential pitfalls. Here’s why maintaining impeccable financial records is […]

Effective communication is the foundation of any successful relationship, and in the property management world, it’s especially crucial when interacting with tenants. Strong tenant communication isn’t just about maintaining a positive atmosphere; it directly impacts the upkeep of the property, tenant satisfaction, and the smooth execution of maintenance tasks. Here’s why keeping an open, proactive […]