Buildium

NOVEMBER 25, 2024

million in 2022, but up from an average of 915,000 during the preceding decade. million homes as of 2022, despite an influx of 1.4 Household formation has been strong: According to Harvard’s Joint Center for Housing Studies , 1.5 million new households were created throughout 2023—down from 2.3 What else is driving rental demand?

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Property Management Property Manager Management Property 240

Rental Choice

MARCH 5, 2024

The rental market rapidly increased during 2021 and 2022. In 2022, a record-high number of renter households (approximately 22.4 million units had rental contracts under $600 in 2022. Over half a million low-rent apartment units were lost between 2019 and 2022. They are 21% higher as of 2022. It dropped from 15.3%

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Buildium

JANUARY 13, 2025

In 2022, the most recent statistics the U.S. As a property manager, there are plenty of measures you can take to prevent fires at your owners propertiesregular inspection and maintenance of smoke detectors and fire extinguishers, tenant education on fire hazards, updating electrical systems and appliances, to name a few.

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Insurance Property Management Property Manager Landlord 246

Propertyware

JANUARY 6, 2022

By: Laurie Mega According to the 2022 State of the Property Management Industry Report , the number of renters living in single-family rentals has risen steadily for the last several years. Here are some of the most important rental owner and resident service trends property managers across the country expect to stick with us in 2022.

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Property Management Services Property Management Property Manager Management 52

Rental Housing Journal

NOVEMBER 20, 2024

The company alleges the city passed ordinances between 2018 and 2022 that hurt its ability to successfully operate a low-income apartment building. The city has retained the law firm Bryan Cave Leighton Paisner. The suit claims this is a “taking” of the landlord’s property.

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Landlord Apartment Real Estate Tenant 97

Authority Property Management

JANUARY 6, 2023

Voted Best Property Manager 2022 Congratulations to Authority Property Management on being selected as Best Property Manager! We do this through a variety of services, including rent collection, maintenance and repair coordination, and financial reporting. First and foremost, we prioritize the needs of our clients.

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Property Management Property Manager Management Property 52

Condo Control

DECEMBER 11, 2024

This is a slower rate of growth than what companies projected in 2022 and 2023. Automating repetitive processes to reduce expenses and unlock higher profits (think online payments , maintenance requests and reservations) its a win-win situation. It also becomes easier to keep up with maintenance work and similar tasks.

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Lula

AUGUST 9, 2024

If you’re seriously considering overseeing installation and maintenance on your own, but have questions about profit expectations and how much to charge for the use of your facilities, we recommend checking our guide to laundry prices and consulting Buildium’s detailed guide to estimating income per load and monthly average revenue per load.

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Rental Property Single-Family Home Property Apartment 130

Real Property Management Choice

JULY 14, 2022

With the proper maintenance, hardwood flooring may last for many years and is a popular choice for rental properties since they increase the value of the building. Due to its dependability and ease of maintenance, it is a preferred option for rental houses. Linoleum floors may last for many years with the proper maintenance.

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Rental Property Engineering Property Manufacturing 40

Authority Property Management

JULY 19, 2024

years) 2022: 576 days (about 1.6 Ensuring timely maintenance, responsive communication, and a positive living experience can contribute to longer tenant stays. Trends by Year of Move-In Interestingly, the duration of tenant stays has varied significantly based on the year of move-in. years) 2021: 699 days (about 1.9

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Tenant Real Estate Property Management Property Manager 85

Beach Front Property Management

NOVEMBER 13, 2024

Although investing in affordable housing may appear riskier due to potential deferred maintenance and concerns over rental arrears, investors can benefit from lower-cost financing options, such as the HUD 223(f) loan, to facilitate acquisitions.

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Authority Property Management

SEPTEMBER 12, 2024

Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023. Maintenance & Repairs Keeping your property in excellent condition is one of our top priorities. Our thorough screening process ensures that only the best tenants are selected.

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Property Management Property Manager Management Property 85

Esquire Property Management Group

FEBRUARY 10, 2025

The Sublease Market 2025 is shaping the landscape, with sublease space dropping by 3% in the fourth quarter of 2024, falling below 8 million square feet for the first time since 2022. Build Strong Tenant Relationships and Retention Programs Focus on tenant satisfaction to reduce turnover and maintain occupancy.

Commercial Property 64

Commercial Property Lease Property Government 64

Propertyware

DECEMBER 21, 2021

More than 350 attendees—including property managers, investors, HOA leaders, and sponsors from 46 states and internationally—converged in Boston to network face-to-face, get filled in on the latest industry research, and sharpen their strategies for succeeding in 2022. And we wouldn’t want you to miss out on any of it.

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Property Management Property Manager Lease Management 52

Real Property Management DC Metro

JUNE 28, 2024

Ensure deep cleaning includes scrubbing grout, wiping kitchen cabinets and ceiling fans, cleaning appliances (fridge, oven, microwave, dishwasher), and performing appliance maintenance. Reporting maintenance problems to your landlord promptly enables quick resolution. You are responsible for any damages found after you move out.

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Move-In Inspection Landlord Property Management Property Manager 52

Rental Housing Journal

DECEMBER 16, 2024

4 Ways AI is being leveraged by multifamily owners and operators to optimize their marketing efforts from leasing to maintenance. Although AI is not new technology, it has gone through a renaissance since ChatGPT popularized it in 2022.

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Lease Applications Applicants Apartment 52

Nest DC

OCTOBER 11, 2023

From maintenance and repairs to finding tenants and managing leases, a lot goes into owning and managing a rental property. If you'd rather not deal with your rental property's day-to-day maintenance (and potential stress), you might want to consider hiring a management company.

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Rental Property Property Management Property Manager Management 52

American Apartment Owners Association

NOVEMBER 2, 2022

Being upfront with your tenants about rent, providing useful amenities and fulfilling maintenance requests in a timely manner can all go a long way towards high tenant retention. Deploying energy-efficient utilities and lowering maintenance costs can also help reduce how much money is flowing out of your property every month.

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American Apartment Owners Association

NOVEMBER 2, 2022

Being upfront with your tenants about rent, providing useful amenities and fulfilling maintenance requests in a timely manner can all go a long way towards high tenant retention. Deploying energy-efficient utilities and lowering maintenance costs can also help reduce how much money is flowing out of your property every month.

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Real Property Management DC Metro

APRIL 4, 2024

Part of this involves managing maintenance and repairs early to stave off larger issues. This method allows for the monitoring of all monetary dealings, such as maintenance and repair costs. Photographing is an effective method for recording any damage or maintenance needs.

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Landlord Lease Agreement Property Management Property Manager 52

Rental Housing Journal

JANUARY 7, 2025

In dollar terms, the national median rent today is $8 per month cheaper than it was one year ago and $50 per month less than in August 2022, but still remains $225 per month higher than the January 2021 level. Year-over-year rent growth nationally also currently stands at -0.6

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Rent IT Apartment Lease 52

Real Property Management California Coast

APRIL 5, 2024

This requires proactive attention to maintenance and repairs to forestall greater complications. Consequently, it enables you to catalogue every financial transaction, with a focus on maintenance and repair expenses. Investment of time and money is essential for good landlordship, just as it is in any business.

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Landlord Lease Agreement Property Management Property Manager 52

Propertyware

NOVEMBER 11, 2021

By using a simple forecasting method that combines pre-pandemic numbers with current market analysis, property managers can forecast for 2022, no matter what their goals are. For those managers, 2022 may seem like the perfect time to set some aggressive goals. They can then set targets and create a monthly plan to hit them.

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Property Management Property Manager Property Management Software Single-Family Home 52

MRI Software

FEBRUARY 2, 2025

In fact, 79% of travelers say they want to travel more sustainably, according to Booking.coms 2022 Sustainable Travel Report. Even small steps, like better maintenance, can save thousands in unexpected costs. This means even small improvements can have a big financial impact over time.

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Management IT Maintenance Property 52

Real Property Management California Coast

MARCH 22, 2024

It involves buying properties, handling maintenance costs, and tolerating potential market downturns. Originally Published on March 18, 2022 The post Is Real Estate Investing Your Next Career Move? Consider investing in educational resources, such as books, courses, and seminars, to enhance your knowledge and expertise.

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Real Estate Education Single-Family Home Property Management 52

Real Property Management DC Metro

MARCH 22, 2024

It involves buying properties, covering maintenance costs, and dealing with potential market downturns. Originally Published on March 18, 2022 The post Is Real Estate Investing Your Next Career Move? Think about investing in educational resources like books, courses, and seminars to improve your knowledge and expertise.

Real Estate 52

Real Estate Single-Family Home Property Management Property Manager 52

Nest DC

MAY 17, 2023

High interest rates also mean that people who want to sell are reconsidering due to the “golden handcuffs” of the low interest rates they secured prior to 2022. Landlord responsibilities: Consider the time, effort, and costs required for property maintenance, tenant management, and compliance with local rental regulations.

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Rental Income Rent Government Property Management 52

Florida Property Management

JUNE 30, 2023

It is estimated that Florida has, as of July 1 2022, 10,257,426 housing units (a housing unit is a house, an apartment, a mobile home, a group of rooms, or a single room that is occupied (or if vacant, is intended for occupancy) as separate living quarters. Not only tenants are affected.

Government 52

Government Landlord Rent Insurance 52

Lifty Life

AUGUST 29, 2022

Building maintenance, insurance, security, utilities, are all commonly covered expenses in your strata fees. Harrison Hot Springs 3 bed home “ The Overlook ” managed since 2022 Mid-Range Vacation Homes The mid-range segment of the market is the category that the majority of listings fall under.

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Finance Airbnb Real Estate Insurance 52

SparkRental

JANUARY 17, 2025

Over the decade from 2013-2022, Benzinga found that private equity real estate returned between 17.4% – 25.6% Drawbacks of Real Estate Investing High Maintenance: Owning a property isn’t exactly a “buy and forget” kind of investment like long-term dividend stocks. annual returns.

Real Estate 52

Real Estate Physical Property Finance Consulting 52

Second Nature

DECEMBER 16, 2024

A 2022 survey of 80 metro areas by iPropertyManagement found that the average setup fee was just $185.24. Some companies may also charge other fees, like inspection fees, eviction fees, termination fees, or maintenance reserves. First, some property management companies will charge an initial setup fee.

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Property Management Property Manager Management Property 52

Lula

APRIL 2, 2024

Examples of Housing Discrimination According to the National Fair Housing Alliance’s 2022 Fair Housing Trends Report , 2021 saw a significant increase in housing discrimination complaints, and the annual total was the highest in 25 years. Doing so provides a fair framework for the process, and protects you from fair housing complaints.

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Nest DC

FEBRUARY 22, 2022

CASH was a driving force in holding landlords accountable for improving their property maintenance and creating new housing projects all while including the issue of homeownership in the conversation. This experience inspired her to form a community, women-led group: Citizens Against Slum Housing (CASH).

Finance 52

Finance Education Landlord Insurance 52

Yardi Breeze

FEBRUARY 20, 2025

In 2022, RV/boat storage properties accounted for $556.1 These include climate controls (especially for cold-weather storage), electrical hookups, waste management systems, a wash station, heavy-duty jacks for tire changes and basic on-site maintenance, etc. million in sales, but in 2024, sales volume declined.

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