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6 must-know industry trends for small property managers

Buildium

The same goes for renters—88% of them would like to complete at least some rental processes online, a 17-point increase since 2021. Fact #5: Maintenance Costs Are Rising Property management companies see work order management software as the main opportunity for improving property maintenance, a top concern among rental owners and tenants.

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Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

Low Interest Rate Carryover : Many sellers who locked in historically low interest rates in 2020-2021 are holding onto their properties, reducing the number of new listings and further driving up prices. Maintenance & Repairs: The price of labor and materials has surged, with some construction materials seeing a 10-20% increase.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

The rental market rapidly increased during 2021 and 2022. In 2021, the median age was 44 years. Property owners must reinvest in repairs and maintenance costs to keep them in good condition. The 2024 America’s Rental Housing Report has several notable trends and key takeaways. It dropped from 15.3% to just 0.4%.

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Buying A Vacation Rental

Lifty Life

Building maintenance, insurance, security, utilities, are all commonly covered expenses in your strata fees. Canmore 2 bed townhome “ Norquay ” purchased in 2021 Left image – furnished Canmore rental purchased in 2020. Get quotes from local contractors. You can find the monthly strata fee on the MLS.

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