American Apartment Owners Association

DECEMBER 2, 2024

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

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Rent Landlord Property Maintenance IT 130

American Apartment Owners Association

DECEMBER 16, 2024

Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. Offer a range of flexible lease options to cater to diverse resident needs.

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Tenant Property Manager Property Management Lease 246

Authority Property Management

MARCH 14, 2025

Maximizing Financial Gains: Why Renting Out Your Home Could Be a Smart Move If you're considering moving to a new home but aren't ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property? In 2023, she needed a larger home for her growing family. mortgage interest rate.

Rental Property 59

Rental Property Rental Income Property Insurance 59

RL Property Management

MARCH 12, 2025

In this exclusive investor update , we break down: Rental & pricing trends Where are home values and rents headed? Rental Market Performance The Columbus single-family rental (SFR) market continues to perform strongly, outpacing many other metro areas in both rent growth and occupancy rates.

Tenant 81

Tenant Single-Family Home Rent Landlord 81

Rental Choice

MARCH 5, 2024

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. Roughly 653,000 people were experiencing homelessness in January 2023.

Apartment 130

Apartment Rent Rental Unit Property Manager 130

T&H Realty

FEBRUARY 10, 2025

According to the Metropolitan Indianapolis Board of Realtors (MIBOR), the median home price in Indianapolis rose to approximately $250,000 in 2023, marking a sharp increase from pre-pandemic levels when prices hovered around $170,000. The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024.

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Single-Family Home Insurance Finance Rent 52

Bay Property Management Group

JANUARY 6, 2025

Moreover, they reported that in 2023, remote workers were 9% more likely to plan on moving to a new home than in-person workers were. You have the flexibility to adjust the rent after a tenant vacates. For example, during peak seasons or as demand increases, you could raise the rent to reflect the property’s market value.

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Property Property Manager Property Management Lease 147

Nest DC

MAY 17, 2023

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. still remains a challenging environment for many prospective tenants in 2023, as high demand and limited affordable options persist.

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Rental Income Rent Government Property Manager 52

Authority Property Management

SEPTEMBER 12, 2024

Whether you're a property owner looking for peace of mind or a tenant seeking a seamless renting experience, we pride ourselves on being the team that delivers. Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023.

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Property Manager Property Management Management Property 85

American Apartment Owners Association

SEPTEMBER 30, 2024

Topics include rent control, eviction protections, and legislative changes that could impact your bottom line. Kennys expertise in rent control, eviction law, and property rights makes him a valuable guide through Californias legal landscape.

Litigation 170

Litigation Broker Real Estate Broker Landlord 170

Esquire Property Management Group

FEBRUARY 10, 2025

Rent concessions (temporary discounts or rent-free months) Why It Works: Flexibility can attract smaller or cautious businesses seeking lower commitments in uncertain market conditions. in the third quarter of 2023, reflecting the challenges landlords and property managers faced in maintaining occupancy and revenue streams.

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Commercial Property Lease Property Government 64

Authority Property Management

SEPTEMBER 13, 2024

Income Thresholds and Deduction Limits The deduction is available for landlords with taxable income up to $182,100 for singles and $364,200 for married couples filing jointly (as of 2023). For example, properties rented under a triple net lease, where the tenant is responsible for property taxes, insurance, and maintenance, do not qualify.

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Landlord Rental Income Contractors Rent 81

Nest DC

APRIL 5, 2023

A property management team will specialize in tenant management and timely communication, building maintenance, legal processes, and financial management. They will also negotiate lease renewals on your behalf, delicately balancing your desire for increased rent with the tenant’s needs. Maintenance and repair costs.

Property Manager 52

Property Manager Property Management Real Estate Management 52

Authority Property Management

JULY 19, 2024

years) 2023: 337 days (about 0.9 Ensuring timely maintenance, responsive communication, and a positive living experience can contribute to longer tenant stays. Offering benefits such as lease renewal bonuses or gradual rent increases can encourage tenants to stay longer. years) 2021: 699 days (about 1.9

Tenant 85

Tenant Real Estate Property Manager Property Management 85

Nest DC

MAY 10, 2023

In this article, we will explore the 10 hottest topics for multi-family real estate investors in 2023, providing insights into the trends and factors that are driving investment decisions in this rapidly changing market. This includes timely maintenance and repairs, efficient rent collection processes, and effective communication channels.

Real Estate 52

Real Estate Government Property Manager Property Management 52

Gordon Property Management

AUGUST 8, 2024

You’ll be able to recoup a lot of what you spend on things like maintenance, property management fees, and mortgage interest when you file your taxes. What you have to budget for, however, are the property taxes that you’re required to pay on any units, homes, or buildings that you’re renting out.

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Landlord Property Property Manager Property Management 52

MRI Software

DECEMBER 9, 2024

Typical operating expenses for multifamily expenses fall into predictable categories like maintenance, utilities, and property management fees. Maintenance and repairs, utilities, and administrative costs also make up a significant portion of your budget. over a 12-month period through midyear 2023.

Management 52

Management Property Utilities Insurance 52

Second Nature

OCTOBER 1, 2024

While the traditional approach to property management simply provided the basics – maintenance, rent collection, etc. This could include tasks such as tenant screening, resident benefits, renters insurance programs , rent collection, maintenance and repair coordination, lease enforcement, financial reporting, and more.

Property Manager 52

Property Manager Property Management Management Property Management Services 52

Property Management Inc.

JANUARY 14, 2025

This trend and moderate home sales leave renting the most viable option for millions of households. Persistent Challenges in Rental Affordability Housing affordability will remain a hot-button issue throughout 2025 as rent growth continues to outpace wage growth. Several factors will shape the rental market.

Rental Property 40

Rental Property Property Property Manager Property Management 40

Muldoon Associates

MARCH 7, 2024

Colorado Springs Rental Values While rents are peaking and even dropping elsewhere, they’re still rising in Colorado Springs. Recent statistics show that between January and July of 2023, the average rent in Colorado Springs is 0.6% You should prepare for stabilizing rents (how much higher could they reasonably go?),

Property Manager 52

Property Manager Property Management Management Property 52

MRI Software

MARCH 6, 2024

In the United States in 2023, the average resident retention rate was 56%. It reduces the frequency of vacancies, which can be costly due to lost rent and the expenses associated with finding new tenants, such as advertising and tenant screening. You divide 80 by 100 and times it by 100 to get a resident retention rate of 80%.

Tenant 52

Tenant Lease Property Manager Property Management 52

Bay Property Management Group

FEBRUARY 9, 2025

Rent increases are a thorny issue for tenants and landlords alike. With that considered, what is a reasonable rent increase in 2025? Main Takeaways: The average rent increase is 3 to 5%. Factors Influencing Rent Increases in 2025 Rent increases may seem random, but there are real, tangible factors at play that make them happen.

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Rent Landlord Tenant Regulation 130

MRI Software

SEPTEMBER 15, 2024

In fact, according to a 2023 study by CBRE , multifamily properties have shown a strong recovery post-pandemic, with investment volumes increasing by 50% year-over-year. Did you know that multifamily real estate has consistently been one of the most resilient investment sectors?

Real Estate 52

Real Estate Rental Income Single-Family Home Apartment 52

SparkRental

JANUARY 17, 2025

For a better picture, heres a 30-year chart from 1993 to 2023 comparing the volatility of the S&P 500 (dividends included) and the real estate market. 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.

Real Estate 52

Real Estate Physical Property Finance Consulting 52

Yardi Breeze

FEBRUARY 20, 2025

Despite the price adjustments, some markets continue to see rent growth. Larger unit sizes (12×40, 12×45, 12×50) have held steady, while smaller units (10×20, 10×25, 10×30) have experienced rent declines up to 1.4%. the popularity of RVs and boats soared in recent years. Minneapolis posted a 1.6%

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Property Management Software Rent Management Property 130

Thanks For Visiting

APRIL 3, 2025

For instance, New York City introduced regulations in 2023. These rules make hosts register with the city and only let them rent rooms in their primary residence while present, banning entire-home rentals under 30 days and impacting many hosts’ business models. These are just some of the reasons people are quitting Airbnb.

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Airbnb Regulation Finance Media 52