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Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

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AI and Remote Hiring for Property Managers

BetterWho

Property managers and property management companies spend countless hours on administrative tasks, tenant communications, and maintenance coordination. Automating Routine Tasks AI streamlines administrative processes like rent collection reminders, lease renewals, and maintenance scheduling.

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Meet Azilee Burt, Yardi Solutions Consultant In Affordable Housing

Yardi Breeze

I now work as a solutions consultant in the affordable housing sales department. The only exposure I had to affordable housing compliance was a bonded property that required things like income tracking for residents, but it was nothing as complicated as affordable housing can be. Affordable housing compliance can be complicated.

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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Identify potential risks through in-depth examination, includingmarket analysisfor rental trends and property maintenance assessments. Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Manage maintenance costs proactively. Ensure legal compliance to mitigate risks.

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Successful rental property maintenance management: Best practices, challenges, and solutions

Buildium

This blog post is designed to help you answer that question by clearly laying out the challenges and best practices that go into successful rental property maintenance management. If you want a deeper dive into managing your maintenance projects, take a look at our detailed guide. What Is Rental Property Maintenance Management?

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Navigating Unreasonable Accommodation Requests: Finding Fair Solutions

American Apartment Owners Association

Administrative Strain: A resident asks for a 24/7 on-call maintenance service to accommodate their needs. Engaging in this kind of dialogue not only shows a willingness to accommodate but also helps ensure compliance with fair housing regulations.

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What is NOI In Real Estate, Answered

Bay Property Management Group

Repairs & Maintenance Keeping the place in good shape costs money. Seasonal maintenance, like landscaping and snow removal, can add up over the year. Furthermore, legal fees for tenant disputes or compliance issues, as well as unexpected repairs like plumbing or electrical issues, can also impact your bottom line.