article thumbnail

5 ways for high rise condominiums to save money in 2025

Condo Control

Densely populated high rise condominiums have always been budget conscious. Reduce administrative costs Administrative costs are any expenses incurred to maintain day-to-day operations of the condominium. Chatbots Chatbots can be installed on a condominiums website to answer basic questions from prospective buyers or residents.

article thumbnail

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. Are you taking that big step and purchasing your first multifamily property? Or are you an old pro adding another investment property to your real estate portfolio?

Property 200
Insiders

Sign Up for our Newsletter

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

article thumbnail

California’s New Real Estate Laws for 2025: What Investors Need to Know

Beach Front Property Management

These legislative updates cover resident protections, rent control, property safety, zoning changes, tax regulations, short-term rental restrictions, and corporate ownership rules. Reduces loopholes used by property owners to bypass existing rent control laws. Here is the list of laws in California 2025: 1.

article thumbnail

All About Multifamily Investing – The Ultimate Guide

Bay Property Management Group

Monthly rent checks make a difference for many who want to see that come in and create that flow of money. Apartments – Apartments are usually owned by a single entity, with each unit rented out to residents. Condominiums – The ownership of a condominium is divided by each unit.

article thumbnail

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. The small amounts of time you spend on your rental can really add up !

article thumbnail

How To Determine A Fair Rental Rate Plus Factors To Consider

Rental Choice

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. Factors to Consider: How Much Should I Charge for Rent? Local Rent Rates How much to rent a house for a month? One of the best ways to determine the rental price is by examining the local rent.

Apartment 130
article thumbnail

Rent Control California AB1482

Authority Property Management

California Rent Control and Why it Sucks for Renters. Joining Oregon and New York, California recently became the third state to pass a rent control law aimed at giving tenants added protections regarding rent increases, evictions, and more.

Rent 52