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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. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. This can attract more tenants in the future.

Apartment 130
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The Flaws of Rent Control: Why it Doesn't Work and What We Can Do Instead

Florida Property Management

Landlords may find it unprofitable to maintain or invest in rental properties, leading to a decrease in the quality and quantity of available housing. Shortage of Rental Units: Rent control can contribute to housing shortages by reducing the incentive to build new rental units.

Rent 52
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How Tenants Can Prevent Water Damage

Florida Property Management

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. Understanding these terms will not only help you comply with the agreement but also demonstrate your commitment to maintaining the property.

Tenant 52
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Why Proposition 33 Could Be a Setback for California's Real Estate Market: Key Concerns for Property Stakeholders

Authority Property Management

The Basics of Proposition 33 Proposition 33 seeks to repeal the Costa-Hawkins Rental Housing Act, a state law that currently restricts the types of housing that can be subjected to rent control. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums. New constructions built after February 1, 1995.

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Understanding the difference between a condo and a multifamily residence

MRI Software

These property types offer unique benefits, depending on whether youre looking for a low-maintenance home, a rental property, or a mix of both. By understanding the pros and cons of each property type, youll feel confident making a decision that aligns with your goals. What is a condo and how does it work?

Finance 52
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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Condos have become a popular choice for buyers seeking affordable and low-maintenance homeownership, and this trend has sparked interest among multifamily property owners. Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment.

IT 52