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Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area.

Property 130
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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

CHAT WITH AN ATTORNEY Legal Compliance Tips By prioritizing compliance withfair housing laws, you can mitigatelegal risksand avoid potential penalties in your multifamily real estate investments. Rental income,property appreciation, andcash flowplay significant roles. Need Legal Help? Chat with a real estate lawyer near you.

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Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Consult a real estate attorney if you’re unsure of the legal requirements in your area. But the reality is, that tenant turnover is inevitable, and it can leave you with gaps in income if you’re not prepared. . – Security deposit regulations: Know how much you can charge and the timeline for its return.

Landlord 130
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1031 Exchange in Multifamily Real Estate

American Apartment Owners Association

swapping a property owned by an LLC with one owned by an individual) These pitfalls can be avoided by working with a team of experienced professionals, including real estate attorneys, tax advisors, and qualified intermediaries. However, its essential to fully understand the rules and deadlines to avoid costly mistakes.

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Do I need landlord liability insurance? key benefits and tips for adequate coverage

MRI Software

Liability insurance covers attorney fees, court costs, and potential settlements to reduce financial strain. Consulting with an insurance expert can provide personalized advice to help you make an informed decision. Consider additional coverages such as loss of rental income, sewer backup protection, and vandalism protection.

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The Top 10 Mistakes Colorado Springs Property Owners Make (And How to Avoid Them)

Muldoon Associates

Have an attorney or a Colorado Springs property manager review your lease to ensure it complies with local laws. Setting Incorrect Rental Rates This is a big mistake and we see it quite frequently. Consulting Experts. Ensure you have sufficient coverage for liability , property damage, and loss of rental income.