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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. Factors to Consider: How Much Should I Charge for Rent?

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

Florida Property Management

This leads to a decline in the overall quality of rental housing stock and can exacerbate issues such as poor maintenance and inadequate living conditions. Shortage of Rental Units: Rent control can contribute to housing shortages by reducing the incentive to build new rental units.

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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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Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. Investing in buildings with many units can benefit from economies of scale and potentially achieve higher overall returns. What is Multifamily Investing?

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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. Regularly Check for Leaks: One of the most effective ways to prevent water damage is to regularly inspect your rental unit for leaks.

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Understanding the difference between a condo and a multifamily residence

MRI Software

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Residents own their individual units outright, but shared spaces like gyms, pools, and hallways are managed collectively through a homeowners association (HOA). What is a condo and how does it work?

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

MRI Software

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

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