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How to Become a Tiny House Landlord

American Apartment Owners Association

Because of their size, tiny homes are simple to maintain andare less expensive than larger ones in terms of taxes and building, heating, maintenance and repair costs.Renters, property owners and managers have fewer maintenance and repairs to deal with since there is less area to look after.In

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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Tax accounting for rental property management: What landlords should know

Buildium

If youre a landlord, understanding tax accounting for rental property is a surefire way to get save bookkeeping time while getting most return for your investment. Heres a quick breakdown of those definitions. This is common for landlords, as rental income often isn’t subject to withholding. What Counts as Rental Income?

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3 Steps For Dealing With Tenants And Frozen Pipes

Rental Housing Journal

Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter from Keepe. About Keepe: Keepe is an on-demand maintenance solution for property managers and independent landlords.

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What Is a Ground Lease? What You Need To Know

Bay Property Management Group

For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. Meanwhile, landlords gain steady income but face challenges , including tenant defaults, limited control over property changes, and delayed profits.

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What Qualifies as an Emergency Maintenance Request?

Real Property Management Chicago

Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. But which maintenance requests are emergencies, necessitating immediate attention, and which can wait a little longer? However, it is definitely during a drought when temperatures reach dangerous levels.

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What Is A Lease Violation and How To Prevent Them

Bay Property Management Group

Thats why landlords and tenants alike need to be crystal clear on what their lease terms are from day one. After all, the entire lease contract is built on the pact that the landlord will give you access to a property in exchange for your money. You will definitely regret it. That could be construed as property damage.

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