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Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area.

Property 200
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Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. In this guide, we give you the full HOA finances picture. What are HOA Finances? Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245
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How to find the best rental property accounting software for landlords

Buildium

Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping. These tools simplify everything from tracking rent payments to generating tax reports, which ultimately saves time and reduces errors.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

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The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

Blockchain in Leasing Digital finance tools are already streamlining rent payment processes and record-keeping tasks. Maintaining competitiveness demands observing upcoming industry trends and, when necessary, consulting specialists.

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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

To safeguard your investments, it is important to consult withlegal professionalswho specialize in real estate to verify your property’s legal compliance status. Explore financing options while considering the 1% Rule forsustainable growth. Leveraging financing options and managing property maintenance can boost ROI.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

Scott Varney Tax Strategist, SV Consultants Scott Varneys unique perspective combines his experience as a top-producing real estate agent with his deep understanding of financial services. She’s not just a debt provider; she’s a strategic consultant. Tracey Merrell, Esq.,