Appfolio

JULY 13, 2020

Whether you have on-site maintenance teams or work with third-party vendors, review procedures to ensure tools, supplies, and adequate staff members are available to respond to every situation. Also, consider extending leasing agents’ hours during peak rental season — the extra investment can really pay off in leads.

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Real Property Management Chicago

JANUARY 20, 2023

For rental property owners, a key decision must be made whether to manage your properties or hire a professional Glenview property management company. On the one hand, do-it-yourself property management may make sense for owners with repair and maintenance skills who enjoy interacting with their renters. Individual Investors Own 20.5

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Rental Choice

MARCH 5, 2024

The 2024 America’s Rental Housing Report has several notable trends and key takeaways. Softening Rental Markets According to the report, apartment growth has stalled. The rental market rapidly increased during 2021 and 2022. Moreover, there has been a dwindling supply of low-cost rental units.

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Apartment Rent Rental Unit Property Management 130

American Apartment Owners Association

SEPTEMBER 13, 2022

Many more rental units are affected by this program and are what most people think of when they consider New York City rent-controlled housing. there are rent control laws that affect some rental units. A rent-controlled apartment is extremely attractive to tenants. It can limit available rental housing.

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Rent Rental Unit Landlord Regulation 130

Bay Property Management Group

DECEMBER 11, 2024

Managing multi-family rentals is a huge task. Juggling tenant relations, maintenance, and financial obligations can quickly become overwhelming as responsibilities pile up. So, how can you manage these rental properties like a well-oiled machine? So, you should find a sweet spot to retain tenants and keep the units occupied.

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Management Regulation Property Management Property Manager 130

Buildium

JANUARY 22, 2025

The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online. Additionally, create posts that provide valuable information, such as “How to Choose the Perfect Apartment” or “5 Reasons to Live in [Your City].”

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Real Property Management Chicago

JUNE 24, 2022

For instance, real estate technology is making it possible for landlords to: List their properties on various rental platforms Screen tenants electronically Collect rent payments electronically Keep up-to-date repair and maintenance requests Check their properties and tenants Communicate with their tenants And more!

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MRI Software

SEPTEMBER 5, 2024

Multifamily occupancy rates refer to the percentage of rented units in an apartment complex, compared to the total available units. For example, an occupancy rate of 90% in a 50-unit apartment means that 45 units are occupied. What are multifamily occupancy rates?

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American Apartment Owners Association

SEPTEMBER 2, 2022

Or you could skip the rental part altogether and buy that same single-family house, make the necessary repairs and sell it at a profit, also known as house flipping. If you think you can handle more than one tenant, you could invest in an apartment building and collect multiple rent checks every month. What resources does AAOA offer?

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Real Estate Rental Property Apartment Rent 130

Authority Property Management

AUGUST 11, 2021

The answer is simple, rental property maintenance keeps your rental unit in good shape and makes it appealing to existing and prospective tenants. Keep in mind that tenants are your main source of rental income, but you can’t attract the best quality tenants if your rental property is in poor shape.

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Property Maintenance Maintenance Rental Property IT 52

Beach Front Property Management

OCTOBER 2, 2024

A multifamily unit refers to any property with more than one residential unit. This can be a duplex or an apartment complex where a large number of families can live together. Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums.

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Real Estate Rental Income Property Management Property Manager 130

Authority Property Management

APRIL 4, 2024

Can a Landlord Enter Your Apartment Without Notice? First and foremost, it's essential to recognize that tenants have a right to privacy within their rental unit. This means that landlords cannot enter your apartment without proper notice and your consent. This blog post aims to provide clarity and guidance for renters.

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Landlord Lease Agreement Rental Unit Lease 52

American Apartment Owners Association

NOVEMBER 2, 2022

You have to advertise, screen the prospective tenant, write up a new lease, prepare the unit for your new tenant and more. 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.

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Rental Property Property Real Estate Tenant 130

American Apartment Owners Association

SEPTEMBER 30, 2024

His track record of helping clients defer, reduce, or eliminate capital gains taxes sets him apart as a leading voice in tax planning for real estate investors. Her responsibilities encompass guiding on-site managers, coordinating maintenance staff, liaising with property managers, and fostering positive relationships with our valued tenants.

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Litigation Broker Landlord Real Estate Broker 120

MRI Software

AUGUST 4, 2024

A multifamily property is more than just a building with multiple rental units. Key aspects landlords should consider in multifamily housing communities A well-rounded apartment community management plan is essential for creating a positive living environment for your tenants.

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Management Property Property Management Software Maintenance 52

Authority Property Management

MARCH 4, 2016

They think that it will be a simple task of charging rent and then the next thing they know, they are handling phone calls from multiple tenants and are making runs to the homes or apartments to do repairs. A property manager will also manage the relationships that you have with your maintenance workers and contractors.

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Authority Property Management

NOVEMBER 23, 2015

Low maintenance buildings are a must. Look beyond current expenses to how much maintenance the building will need in the future. Low maintenance means less cost and headaches and ensures more profits. Good rental history no exceptions. Buying rental properties with below-market rents means you may get to raise rents.

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Rental Property Property Maintenance Rent 52

Authority Property Management

DECEMBER 3, 2015

However, you will need to know how to prepare your rental property for rent in Redding CA. Expert property management requires the ability to make apartments and homes aesthetically pleasing to potential renters and financially profitable for property owners. Managers hire contractors to make necessary repairs before showing the unit.

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Rent Property Management Services Property Contractors 52

Florida Property Management

APRIL 2, 2022

This means landlords will evaluate selling their properties to owner occupants in some cases diminishing the number of available rental units in a given market. This means landlords will evaluate selling their properties to owner occupants in some cases diminishing the number of available rental units in a given market.

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Rent Rental Unit Landlord Tenant 52

Florida Property Management

DECEMBER 16, 2023

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. Regularly Check for Leaks: One of the most effective ways to prevent water damage is to regularly inspect your rental unit for leaks.

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Tenant Lease Agreement Insurance Condominium 52

InveServe

JUNE 13, 2024

These are typically multifamily buildings underperforming in rental income and occupancy rates. Some characteristics to look for include: Deferred Maintenance : Properties that have not been well-maintained often present opportunities for value-added upgrades. Why Choose Multifamily Properties? Keep records to maximize deductions.

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Rental Income Real Estate Rent Finance 52

Host Tools

NOVEMBER 21, 2024

Why Remodeling is Key to Rental Property Success Before guests even step through the door, the look and feel of your rental can set expectations. Remodeling your rental unit refreshes its appearance and impacts your guests’ experience. These small details can also set your rental apart from others.

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Airbnb Rental Property Rental Unit Rental Income 52

Young Management

AUGUST 6, 2024

All you need to do is attract good residents to your rental unit by developing excellent marketing strategies. Apart from the landlord weighing candidates during tenant screening based on how they present themselves, this is also the case for the renters.

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Authority Property Management

JUNE 16, 2024

Here's why relying on a local real estate broker is essential for accurate rental valuations. Furnished vs. Unfurnished Matters One significant flaw in Zillow's Rent Zestimates® is the failure to differentiate between furnished and unfurnished rental units. This substantial price difference skews the overall rental estimates.

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MRI Software

AUGUST 3, 2024

Occupancy Rate Indicates the percentage of rental units occupied by tenants. A 100% occupancy rate means all units are leased, while 0% means none are. Tracking this KPI helps evaluate leasing strategies and tenant demand trends, informing pricing and marketing decisions and aiding in maximizing rental occupancy rates.

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Authority Property Management

APRIL 26, 2021

The following are tips on how to create a great and lasting relationship with tenants: How To Deal With Maintenance Issues Excellent Customer Service Customer service is the holy grail of any business, once you have it feels like you have the secrets to success in business. For any business to succeed, good customer service is indispensable.

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Muldoon Associates

OCTOBER 3, 2024

Invest in Property Maintenance and Upgrades You cannot create and sustain a community when you don’t have homes that members of the community are eager to live in. Consider the following: Routine Maintenance. Schedule regular inspections and maintenance to address issues before they become major problems.

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Real Property Management Choice

JULY 21, 2015

and it is also their responsibility to pay for all expenses prior to installation and costs that may arise from damage, maintenance, repair, removal and replacement of the charging stations. This applies to all landlords and they should NOT use the new license to deny a prospective tenant an apartment during the screening process.

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Landlord Electronics Attorney License 52

Authority Property Management

JULY 20, 2021

The right rental price will depend on numerous factors, and these include: The type of property: Is your rental property an apartment, single-family home, or a duplex? Normally a single-family home will have a higher rental price than an apartment.

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Single-Family Home Utilities Rental Property Rent 52

MRI Software

DECEMBER 13, 2024

They help maximize existing land use, creating additional units without the need for large-scale developments. For example, a six-unit apartment building could add two conversion ADUs and two detached ADUs under current regulations. Adaptability: Use ADUs as rental units, guest housing, or even office spaces for remote workers.

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Single-Family Home Rental Income Finance Regulation 52

Authority Property Management

JULY 12, 2022

It is a lot less painful to call your landlord or property manager and place a maintenance request than it is to pay for the repairs. You don’t have to deal with property Taxes When you are renting, you have no obligation to pay property taxes on a rental apartment or unit.

Rent 52

Rent Single-Family Home Utilities Lease Agreement 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. are rental units. Of those it is estimated that 33.5%

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Government Landlord Rent Insurance 52

American Apartment Owners Association

NOVEMBER 18, 2024

You want to know who you are going to trust to run the day-to-day business of keeping your tenants happy while collecting rents, handling emergencies, signing new renters and dealing with maintenance issues. Free Rental Application Get 20 Rental Forms for FREE, including a rental application.

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