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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants.

Property 200
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5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. But this year is different. million for a 300-unit building.

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How to increase the annual budget while making your condominium more bike friendly

Condo Control

Would you consider your condominium to be bike friendly? of bike amenity space into their new condominium. Urban multifamily buildings that are equipped to keep bikes safe(r) will attract tenants more quickly than buildings without adequate bike protections. One developer is incorporating over 7,000 sq.

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How can high-rise condos use AI to make things easier?

Condo Control

Read on to find out how high-rise condominiums are currently using AI to streamline operations and improve resident satisfaction. Thats 1/5 of condo fees going to maintenance ! Thats 1/5 of condo fees going to maintenance ! Regardless of the industry, AI has the potential to make things easier. Condo management is no exception.

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Condo and strata chargebacks

Condo Control

A condominium or strata may charge costs that it sustained because of an owner’s actions or omissions back to them through common expense fees. In Ontario, the Condominium Act explains when condo corporations can charge back costs to the common expenses of an owner. What are chargebacks? As such, some provinces do fine condo owners.

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6 Reasons to Hire a Chicago Property Manager

Real Property Management Chicago

However, as you quickly discovered, researching city ordinances, advertising your rental, responding to maintenance requests, and making sure your tenants pay rent are way more time consuming tasks than you had imagined. Tenant screening: You don’t want just anyone living in your property.

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Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

Every Landlord’s Guide to Managing Property by Michael Boyer Here, Boyer offers a window into tenant retention, basic property maintenance, finding good contractors, accounting, and other key tasks. Even better, he includes sample forms, like a maintenance log, for your reference. It includes reference templates.