article thumbnail

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 200
article thumbnail

The Growing Demand for Short-Term Rentals in Multifamily Properties

Beach Front Property Management

Easy access to transportation, business hubs, and entertainment increases occupancy rates. Regulatory Adaptations As the market expands, local authorities continue to refine policies that ensure compliance and promote sustainable growth. Shared services improve operational efficiency and reduce overhead costs.

Property 147
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

article thumbnail

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?

article thumbnail

Navigating Unreasonable Accommodation Requests: Finding Fair Solutions

American Apartment Owners Association

Fundamental Alterations: A request that requires the property to provide services beyond its typical offeringssuch as providing specialized transportation or personal caregivingis often classified as unreasonable. Property managers are not required to alter the fundamental nature of their operations to accommodate a resident.

article thumbnail

Is Baltimore a Good Place to Live? Here’s the Truth

Bay Property Management Group

Transportation and Accessibility Baltimore has great transportation options with the Charm City Circulator (CCC) and the Harbor Connector (HC). Failing Infrastructure Even though the government has put in place a great system for transportation, the infrastructure still needs to be improved. Find out below.

article thumbnail

How to Manage a Short-Term Rental Property

AirKeeper

Include information about nearby attractions, dining options, and transportation to make your listing stand out. Legal and Regulatory Compliance Adhering to legal and regulatory requirements is crucial for managing a short-term rental property. Need Help Managing Your Short-Term Rental Property?