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Finding the Perfect Multifamily Property

American Apartment Owners Association

Location This is the most crucial factor when judging a possible multifamily purchase as it significantly impacts rental demand and property value.Consider the buildings proximity to amenities, public transportation, employment centers and whether there are any environmental concerns.

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Maybe additional public transportation options for improved walkability?

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Maybe additional public transportation options for improved walkability?

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

You can also deduct your expenses such as airfare, transportation, and hotel when you go out of town for business. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business. For 2024, the standard mileage rate is 67 cents per mile.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Location This is the most crucial factor when judging a possible multifamily purchase as it significantly impacts rental demand and property value.Consider the buildings proximity to amenities, public transportation, employment centers and whether there are any environmental concerns.

Property 130
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Are Townhomes a Good Investment for Airbnb Hosts?

Host Tools

If you’re already invested, Hire an attorney or local consultant who specializes in rental compliance. Proximity to attractions, transport, and dining is crucial. Townhomes located in areas with strict HOA (Homeowners Association) rules may also face additional hurdles.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

These steps ensure compliance with local regulations and provide the foundation for a smooth conversion process. To avoid these problems, its important to work with experienced attorneys or consultants who specialize in condo conversions. A location near public transportation, schools, or shopping centers may indicate strong demand.

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