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11 Steps to Take Before and During Leasing Season to Maximize Profit and Efficiency

Appfolio

In the residential leasing world, May through September are known as leasing season—with July and August typically seeing the most volume. To make the most of leasing season, property managers, leasing teams, and marketing managers need to be ready for increased demand and commit resources to encourage lease renewals.

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

Buildium

But on the other hand, their growth expectations are, again, equivalent or greater than their expectations back in 2019 and 2020. First: Leasing has become less profitable, with renters moving less often than they have in previous years. Factors Impacting Property Management Companies Profitability So, whats going on here?

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Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

In 2020, it was valued at $33.6 Leases on industrial properties can be very financially beneficial and have a tendency to be very long-term holdings. Though in good circumstances, leasing land can be a financially beneficial strategy for a real estate investor. trillion and still increasing. Contact us today to learn more.

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease. AB 1482 officially took effect in California on January 1, 2020.

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

The ins and outs of a rent increase notice Generally, a landlord can raise a units rent price with a new lease agreement, if they give proper notice. Remember, a year-long lease has different requirements from a month-to-month lease. AB 1482 officially took effect in California on January 1, 2020.

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5 Steps to Lower Vacancy Rates and Increase Renewal Rates

BiggerPockets

Lease renewal rates in the U.S. have been climbing steadily over the past decade, reaching record highs in 2020 as many renters were unable or unwilling to relocate due to the pandemic.

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1099 forms for property management: Everything you need to know (2024 update)

Buildium

In 2020, the IRS began requiring businesses to report non-employee compensation in a separate form, the 1099-NEC. The W-9 form will give you their filing status and federal tax ID, so you can file your 1099-MISC forms accurately when the time comes. The IRS makes (typically small) adjustments to the 1099-MISC form each year.