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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Each type comes with unique challenges.

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Streamlining Real Estate: Choosing Manageable Rentals

Real Property Management Chicago

Finding trustworthy renters, taking care of upkeep and repairs, and ensuring compliance with local laws are all part of managing a rental property. Not all forms of rental property are made equal, it is crucial to remember this. Management complexity varies with respect to different types of rental properties.

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Scaling Up: Transitioning from Single-Family to Multi-Family Rentals

Real Property Management Chicago

Investing in multifamily rental properties as opposed to single-family rental properties can expand a portfolio and present new financial opportunities. Buying a multifamily property is typically a more involved process than purchasing single-family rentals, not to mention more expensive initially.

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Rookie Podcast 99: Buying a 51-Unit Property with 0% Interest and No Money Down

BiggerPockets

It takes most real estate investors a while before they make the jump from single-family homes to commercial properties or large multifamily properties like mobile home parks. Edwin Byler isn’t […].

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How to Choose the Best Property Management Software for Your Business

Fourandhalf

There are many different factors at play when choosing the best property management software for your company: your growth plans, how your company is structured, and what types of properties you manage. The property management industry has changed. Generally speaking, property management software takes care of your operations.

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Real Estate Equity: A Guide for Investors

Bay Property Management Group

Whether you’re investing in commercial real estate, buying a single-family home, or looking at alternative investment choices like REITs, it’s critical to understand how to build and manage equity. In simple terms, its the portion of the property that you truly own.

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How many units qualify as a multifamily property?

MRI Software

A multifamily property is any residential building designed to house more than one household. These properties can range from small duplexes to large apartment complexes, making them a versatile option for housing and investment. Multifamily properties differ from single-family homes, where one household occupies the entire building.