Rental Choice

MARCH 5, 2024

The rental market rapidly increased during 2021 and 2022. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. It dropped from 15.3%

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Buildium

NOVEMBER 25, 2024

We’re still seeing the downstream effects of the Fed’s interest rate increases, as well as softening rent growth, cascade through the development sector. (A A similar trend is expected to play out in the build-to-rent sector.) Household formation has been strong: According to Harvard’s Joint Center for Housing Studies , 1.5

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MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. This guide will walk you through everything you need to know about tenant default insurance. What is tenant default insurance? Imagine owning multiple properties and suddenly losing a tenant in one.

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Real Property Management California Coast

JULY 27, 2024

As a property owner in Manhattan Beach, you need to be familiar with the rules about tenant security deposits. Being informed about these rules empowers you to decide on the amount to charge and the proper use of the security deposit after the tenant moves out. Setting a high security deposit might scare away prospective tenants.

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Mashvisor

JUNE 25, 2021

Furnished rentals fulfill this need by providing tenants with everything they need for a simple lifestyle. If there is one thing millennial renters want, it is convenience. These rental properties come…

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Mashvisor

MAY 30, 2021

While many property sellers, buyers, and real estate professionals act professionally and keep the law for the most part, illegal real estate practices still occur every day. As a real…

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Florida Property Management

MAY 28, 2021

Boca Raton investment property owners can usually evict a tenant fairly quickly and easily, especially compared to other states where the process is longer and more expensive. However, the COVID-19 pandemic continues to change the way we do business, and there’s a moratorium on evictions for nonpayment of rent.

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Florida Property Management

JUNE 11, 2021

High Rents and Stable Tenant Pools The increase in rental values has not been as high as in past years, but given the economic uncertainty the pandemic brought to other rental markets across the country, we’re pretty satisfied that rents still managed to go up one or two percent in Weston over 2020 and into 2021.

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Real Property Management DC Metro

JUNE 25, 2024

Being a property owner in Georgetown means you must be aware of the rules regarding tenant security deposits. Knowing these guidelines enables you to determine the right amount to charge and the legal and ethical use of the security deposit after tenant departure. A high security deposit request may discourage potential tenants.

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Florida Property Management

APRIL 16, 2021

One-bedroom apartments start at around $1,500 a month, and the average rent is over $2,000 in Boca Raton. With eviction moratoriums causing problems for landlords who can’t collect rent, the Boca Raton rental market has not been terribly affected. Many of the tenants in our market remain financially stable.

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Nest DC

OCTOBER 18, 2023

This means not getting attached to doing things the same way every year or always expecting a hefty rent increase. Often, the most important thing to keep your portfolio stable is minimizing vacancy, even if that means offering incentives or negotiating with tenants to keep them on track to renew their leases. Waiving a move-in fee?

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Propertyware

FEBRUARY 22, 2022

In April, 2021, California real estate billionaire Rick Caruso announced his company would begin accepting Bitcoin for rent payments. With Bitcoin and other cryptocurrencies growing in popularity, more real estate investors and property management companies may follow Caruso’s lead, allowing tenants to pay their rent in crypto.

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Florida Property Management

DECEMBER 30, 2022

Only those that were not able to afford purchasing a home or those whose their personal planning calls for renting as a better option, did not acquire a property since 2020. Tenants, by choice or by necessity, saw drastic increases in rents, creating an affordability problem.

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Esquire Property Management Group

NOVEMBER 30, 2023

Despite a 90 basis points increase in the overall vacancy rate to 12.5%, average asking rents remained surprisingly near historic highs at $5.37 The slight decrease in asking rents, down 0.9% million square feet, driven by large tech tenants subleasing their spaces. Year-over-year asking rents rose by 7.5%

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The Hosting Journey

FEBRUARY 16, 2021

I’m wishing you health, joy, and amazing guests for 2021. You might notice that I’m not including rent or a mortgage. I’m doing something in 2021 which I’ll talk about in a future episode to remediate this. but that includes a couple of days for 2021 because the guests left on January 3rd. Dear hosts, Happy New Year!

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Authority Property Management

MAY 7, 2019

They offer a robust portfolio of properties for rent, catering to a wide spectrum of preferences and budgets. Their contribution to the market is substantial, as they consistently deliver value to both property owners and tenants. Places & Spaces Property Management, Inc.

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MRI Software

DECEMBER 11, 2024

million homes in 2021 to 4.5 When developers spend less on construction, they can pass those savings on to tenants in the form of lower rents. With features like lease management, online applications, and renters insurance integration, MRI Software ensures a seamless experience for both property managers and tenants.

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Propertyware

NOVEMBER 11, 2021

Focusing on rent and fee collection, marketing to attract tenants, and communication with owners can take the spotlight off the health of your core asset: your business. “At Take into account not only the anomaly that was 2020 and 2021, but previous years, as well, to get a full picture of your growth as a company.

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Real Property Management California Coast

OCTOBER 20, 2023

But if you’re a tenant, the amount of your security deposit you receive returned depends greatly on the decorating decisions you make. Many tenants fail to take into account the possible wall deterioration brought on by mounting framed art, televisions, or other home accents.

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Real Property Management DC Metro

OCTOBER 20, 2023

However, if you rent, the amount of your security deposit you receive back may be considerably impacted by the décor decisions you make. Many tenants do not consider the potential wall damage caused by mounting framed artwork, televisions, and other wall-mounted décor items.

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Second Nature

DECEMBER 16, 2024

In 2021, the average profitability was 11%, and the top performers were 32%. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. of one months rent. What is your mission as it relates to your tenants/residents? Seeing whats possible.

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Lula

APRIL 2, 2024

When someone is “renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities,” there are certain legally protected characteristics with which that person might identify, and landlords are expected to honor those protections. Protected Classes Under the Fair Housing Act The U.S.

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Florida Property Management

AUGUST 27, 2021

Supreme Court Ruling August 27 2021 The U.S. Despite the CDC’s determination that landlords should bear a significant financial cost of the pandemic, many landlords have modest means.” “No housing provider wants to evict a tenant—it is always a last resort and reserved for the rarest cases.

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Authority Property Management

JULY 8, 2022

This present reality leaves property managers with very few options, they will either have to increase rent prices, cut down on services and amenities or delay non-essential work. Rising costs will make landlords increase rent prices and minimize costs in order to stay within their budget. For example, the U.S

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