article thumbnail

Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

Obviously, there may be an excellent reason for this: the residential real estate market is vast! In 2020, it was valued at $33.6 By definition, residential real estate is purchased and occupied as a dwelling by owners or tenants. As with residential properties, there are lots of different kinds of commercial properties.

article thumbnail

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

Condo Control

Condo unit owners can invest in green energy initiatives A progressive initiative aims to give lower-income households access to solar energy, while also giving multi-family residential property owners the opportunity to invest in solar energy to offset energy costs.

Insiders

Sign Up for our Newsletter

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

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. Focuses on residential property management practices.

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

Real Estate after Covid 19 Pandemic - a Brief Discussion by Gaston Reboredo CCIM CPM

Florida Property Management

Retail Properties E-commerce has been on the rise for several years but Covid-19 accelerated this process for at least a decade. In 2020 it is expected that e-commerce will increase 40%. Residential properties in such areas will see an increase in demand and therefore in rents and values.