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Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

Today, we proudly introduce David Rosenfeld, Senior Leasing Agent for BMG. Read on to discover all about David, his professional background, and what he enjoys most about working here at Bay Property Management Group. David kicked off his time in the Baltimore property management industry 6 years ago.

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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

List-to-Lease time comes down from all-time new high The shortening of list-to-lease time over the past two months is in line with the seasonal return to positive month-over-month rent growth that weve observed in tandem. Sign Up For Our Weekly Newsletter And Get Rental Property And Apartment News And Helpful, Useful Content Each Week.

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Rents Decline Again In January- Have They Hit Bottom?

Rental Housing Journal

List-to-Lease time hits a new high The median time on market of 37 days in January is the highest reading that weve seen for this metric in any month going back to the start of 2019, when the data series begins, the research team says. Read the full report here.

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

American Apartment Owners Association

At its core, this status allows investors to reclassify their rental property activities from passive to non-passive. Without REPS, the depreciation and other losses from your rental properties would only offset income from other passive investments. Normally, passive losses can only offset passive income.

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Rent Control 101: Understanding the Basics

American Apartment Owners Association

Rent control places a limit on how much a landlord can charge their tenants in their lease and lease renewal. In 2019, both California and Oregon signed statewide rent control laws. Many more rental units are affected by this program and are what most people think of when they consider New York City rent-controlled housing.

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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. All types of rental property owners welcome JOIN AAOA TODAY! million — roughly 7.8

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National Rent Growth Flips Positive In February

Rental Housing Journal

List-to-Lease time retreats from all-time high The slight decline in time-on-market in February is in line with the seasonal return to positive month-over-month rent growth. That said, this is still the highest time-on-market reading that weve seen in February of any year going back to the start of 2019, when the data series begins.

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