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Finding the Perfect Multifamily Property

American Apartment Owners Association

Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property?

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What Is Vacancy Loss & How to Calculate It

Bay Property Management Group

Formula Vacancy Loss = Empty Units Rent Per Month Months Vacant Example: Lets say you own apartments, and 5 of them are empty. Vacancy Loss= 5 $1,000 2 = $10,000 So, because those five apartments were empty for 2 months, you lost $10,000 in rental income. Each would have earned $1,000 per month, but theyve been empty for 2 months.

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Are REITs a Good Investment: Pros and Cons

Bay Property Management Group

They let you invest in these income-generating properties without having to deal with tenants or maintenance yourself. In simpler terms, think of REITs as big companies that buy or build properties like malls, offices, or apartments. They own buildingslike apartments, shopping malls, office spaces, or warehouses.

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Can a Landlord Break a Rent-to-own Contract?

Bay Property Management Group

One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. This guide will explain everything you need to know about rent-to-own properties. Reach out today, and see how professional property management services can benefit you!

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Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

If you’re looking for the best property management books around, we’re here to help. Our professional property managers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties. Here, John C.

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4 Tips for Closing Internet Leads for Property Managers

Fourandhalf

A quick response can set you apart from other property management companies that may be slower to follow up, making you the first—and often most memorable—point of contact. This window of opportunity means that reaching out within the first 10 minutes is ideal.

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How Long Does a Landlord Have to Replace a Refrigerator?

Bay Property Management Group

When you moved into your apartment, you doubtlessly did a thorough walk-through to make sure everything was in good shape. If navigating appliance repairs and replacements feels overwhelming, a professional property management company can help streamline the process. Everything worked perfectly.

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