Remove 2019 Remove Lease Remove Property Manager
article thumbnail

Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

AtBay Property Management Group, we are property management professionalsfocused on customer service.Furthermore, ourgoal is to make property ownershipbotha pleasurable and profitable experience for our clients.We Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG.

Lease 130
article thumbnail

Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

Generating enough revenue to compensate for rising costs remains a top challenge for property management companies in 2025. But on the other hand, their growth expectations are, again, equivalent or greater than their expectations back in 2019 and 2020. 41% will expand the services they provide.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Inspect properties for hidden issues, analyze financial records for stability, and align strategies with market trends. Use data-driven decisions to manage risks effectively. Implement efficient property management to minimize operational risks. This, in turn, contributes to increasing property value over time.

article thumbnail

How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

The 750-Hour Rule: You must spend at least 750 hours during the year actively working in real property trades or businesses where you materially participate. These hours can include managing properties, overseeing repairs, leasing units, and other hands-on tasks related to your real estate activities.

article thumbnail

Rent Control 101: Understanding the Basics

American Apartment Owners Association

As a landlord or property manager, rent control may not be the most positive term in the real estate industry. It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. In 2019, both California and Oregon signed statewide rent control laws.

Rent 130
article thumbnail

New 2025 condo and HOA laws for U.S. states

Condo Control

As of 2019, condo associations with 150 or more units (excluding timeshare units) were legally required to have a website that complied with specific obligations. If this law sounds familiar, you’re probably thinking of HB 1237. Amendments were made in 2024, requiring condominiums with 25 or more units to have a website.

article thumbnail

Rapidly Rising Rents Squeeze Millions in the Middle Class

American Apartment Owners Association

That’s up almost 20% since 2019, while the already high share of cost-burdened, low-income households rose just 2%. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

Rent 130