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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.

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5 Reasons Why Property Managers Should Join NARPM

Fourandhalf

Enter the National Association of Residential Property Managers (NARPM) , a professional organization dedicated to supporting property management companies like yours. NARPM’s mission is to provide education, networking opportunities, and advocacy for property managers across the country.

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Why partnering with residential management services is essential for landlords

MRI Software

Managing rental properties can often feel like a full-time job. From tenant screening and legal compliance to property maintenance, the demands on landlords can quickly pile up and become overwhelming. Lets dive into how residential property management companies can simplify your life and maximize your returns.

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A Fair Housing Challenge: The Use of Marijuana

American Apartment Owners Association

This means that regardless of state laws, properties with federal ties must prohibit marijuana use to remain compliant. Conversely, privately funded properties in states where marijuana is legal might have more flexibility in setting their policies.

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What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

Finding and hiring the correct property manager to manage your rental property can make all the difference in the world for landowners and investors – this is true for both commercial and residential property. In order to successfully own investment property, property managers are necessary partners.

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What is residential property management? Roles and responsibilities explained

MRI Software

Managing these properties can be challenging, and thats where residential property management comes in. If you own a rental property or multifamily building, the day-to-day responsibilities of tenant management, property upkeep, and finances can quickly become overwhelming. What is residential property management?

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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

In other words, you can spread out your property’s expenses (minus the land value) over several yearsusually 27.5 years for residential properties. Of course, remember that the depreciation is based on the property’s value when you initially purchased it, minus any land value.