article thumbnail

Loss of rental income insurance: Essential coverage for every landlord

MRI Software

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income.

article thumbnail

How to Become a Property Manager: 8 Steps to Kickstart Your Career

Tokeet

How to Become a Property Manager: 8 Steps to Kickstart Your Career According to the U.S. Bureau of Labor Statistics , employment of property managers is projected to grow 7% from 2020 to 2030, reflecting the ongoing demand for skilled property managers in this field.

article thumbnail

How will tariffs affect real estate and the property management industry in 2025?

Buildium

This agreement was replaced by the United States-Mexico-Canada Agreement (USMCA) in 2020, a deal negotiated by President Trump that was partially built upon NAFTA, Investopedia explains. The National Association of Homebuilders reports that building materials are already 34% more expensive than they were back in December 2020.