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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

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Understanding the 20% Pass-Through Tax Deduction for Redding, CA Landlords

Authority Property Management

How Landlords Can Qualify for the 20% Pass-Through Tax Deduction If you're a landlord in Redding, CA , you might have heard about the 20% pass-through tax deduction introduced by the Tax Cuts and Jobs Act ( TCJA ) of 2017. This deduction can provide significant tax savings, but it comes with specific qualifications and complexities.

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Authority Property Management Best of the North State Winner 2022

Authority Property Management

Being voted Best of NORTH STATE’s Winner for the past years 2017, 2019 and now 2022, Authority Property Management is honored to be recognized for its continued dedication to providing excellent service to property owners and tenants alike. First and foremost, we prioritize the needs of our clients.

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Bitcoin Use Is on the Rise. What Does That Mean for Property Managers?

Propertyware

In April, 2021, California real estate billionaire Rick Caruso announced his company would begin accepting Bitcoin for rent payments. With Bitcoin and other cryptocurrencies growing in popularity, more real estate investors and property management companies may follow Caruso’s lead, allowing tenants to pay their rent in crypto.

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Retirement Income: Have You Considered a Rental Property?

Real Property Management Choice

Over time, a rental property can basically pay for itself using tenant rental payments to cover the mortgage and other costs. The rent for the property would be $1,379 which is the median rent for a 3BR single-family residence according to RentRange. All estimates based on March 2017 online data sources.)

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The Impact of Inflation on Property Managers

Authority Property Management

This present reality leaves property managers with very few options, they will either have to increase rent prices, cut down on services and amenities or delay non-essential work. Rising costs will make landlords increase rent prices and minimize costs in order to stay within their budget. For example, the U.S

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Property Management Profitability: FAQs on Profit Margin

Second Nature

In 2017, the average profitability in the property management space was 6%, and the top 25% of performers profitability was 25%. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. of one months rent. How is your cash flow?