Property management accounting basics: The definitive guide
Buildium
NOVEMBER 8, 2024
Learn the basics of property management accounting, including every step of setting up a property management accounting system.
Definition Property Property Management 
Tax accounting for rental property management: What landlords should know
Buildium
MARCH 19, 2025
Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. Heres a quick breakdown of those definitions. What Counts as Rental Income?
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A new phase in property management companies’ portfolio growth? [The Lookout]
Buildium
FEBRUARY 14, 2025
Heading into 2025, portfolio growth was at the top of property management companies list of priorities for the seventh year straight. In Buildiums most recent survey , 91% of third-party property management companies told us that they expect to grow their portfolios in the two years to come.
Property managers’ revenue may be growing more than they think [The Lookout]
Buildium
JANUARY 21, 2025
Generating enough revenue to compensate for rising costs remains a top challenge for property management companies in 2025. Factors Impacting Property Management Companies Profitability So, whats going on here? First: Leasing has become less profitable, with renters moving less often than they have in previous years.
Finding the Perfect Multifamily Property
American Apartment Owners Association
JANUARY 27, 2025
Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property? Get started by viewing .
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11 Tips For Property Managers To Quickly Master ChatGPT & AI
Yardi Breeze
FEBRUARY 11, 2025
If youre trying to get better at AI tools like ChatGPT , youve probably already seen your share of explanations, descriptions, definitions and guides on the importance of artificial intelligence (AI). Where to use AI in property management The great thing about AI is that if you can use it for one application, you can use it for many.
Can You Charge A Pet Deposit or Pet Fee For Assistance Animals?
American Apartment Owners Association
FEBRUARY 10, 2025
Definition and Types of Assistance Animals Assistance animals are prescribed by healthcare professionals and are essential for individuals with disabilities. Distinction in Charges Although pet deposits cannot be charged, landlords can still use standard security deposits to cover any potential property damages caused by an assistance animal.
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Landlord vs Property Manager: Key Differences Explained
Bay Property Management Group
DECEMBER 23, 2024
Are you a rental property owner stuck in the classic debate: landlord vs property manager ? In this guide, well break it all down, from the perks of being an independent landlord to the convenience of hiring a property manager, so you can confidently choose the right path for your rental business. Lets dive in!
How Extensive Are Background Checks for Apartments?
Bay Property Management Group
MARCH 28, 2025
Landlords and property managers use them to decide who gets approved, but what exactly are they looking for? As one of the most experienced rental property management in Baltimore , we can tell you for sure that background checks are a big deal for landlords. How Far Back Do Background Checks Go? But what are they?
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What Is Phrogging in Real Estate?
Bay Property Management Group
APRIL 2, 2025
But what if someone was living in your property without you even knowing? In this article, well walk you through exactly what phrogging is, when it happens, what signs to watch for, and how to keep your property safe. As our rental property management in Northern Virginia can tell you, phrogging is a real problem.
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3 Steps For Dealing With Tenants And Frozen Pipes
Rental Housing Journal
JANUARY 27, 2025
1 The preventative methods for tenants and frozen pipes There are several things that property managers should do to prevent pipes from freezing in their rentals. Do not rush into warming the pipes because if the water thaws, there might be risks of the water flooding your property.
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How to Become a Tiny House Landlord
American Apartment Owners Association
FEBRUARY 6, 2025
On the other hand, tiny houses and ADUs (accessory dwelling units) that are situated on a property that also has a traditional dwelling may see a greater increase in value. Preparing your tiny home for tenants The aesthetics and style you choose for your tiny house rental property can have an impact on the type of renters you attract.
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The NAR Lawsuit: How Property Managers Can Deal With Its Fallout
BetterWho
SEPTEMBER 21, 2024
As a property management company owner, the recent NAR lawsuit might have you questioning your next moves. This isn’t just another headline; it’s a game changer for how we manage properties and comply with new regulations. That means vacancies will be harder to fill.
What Can Void a Notice to Quit in PA?
Bay Property Management Group
APRIL 3, 2025
Of course, it’s always a best practice to consult a lawyer to get their definitive opinion. That said, when the violation is severe or legally non-curable, such as illegal activity or serious property damage, the landlord may still have grounds to evict the tenant. appeared first on Bay Property Management Group.
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Due Diligence: How Real Property Management Chicago Group Sets Ourselves Apart
Real Property Management Chicago
JUNE 4, 2021
You have made a valuable investment for your future by being a rental property owner in Arlington Heights. Through due diligence, managing your properties is doable while still protecting and growing that investment. This can be applied in a lot of ways when it comes to rental properties. It is done to minimize risk.
What Is A Lease Violation and How To Prevent Them
Bay Property Management Group
FEBRUARY 13, 2025
On the milder end, it could be something like making excessive noise, and on the more severe end, it could look more like missing rent payments or damaging the property. Luckily, our property managers in Philadelphia can help make sure everyone understands this fundamental component of the rental experience.
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What Is a Ground Lease? What You Need To Know
Bay Property Management Group
APRIL 4, 2025
Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. Meanwhile, landlords gain steady income but face challenges , including tenant defaults, limited control over property changes, and delayed profits. This makes it easier for the tenant to get started on developing the property.
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What Credit Score Do You Need To Rent An Aparment?
Bay Property Management Group
JANUARY 27, 2025
Before our property management company in Washington, D.C. Now that we know what the definition of a credit score is, let’s now deal with what credit score you need to rent an apartment. They can vouch firsthand that you paid on time, maintained the property, and were an all-around good tenant.
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Are Utilities Included in the Rent, Explained
Bay Property Management Group
JANUARY 29, 2025
How to Verify If Utilities Are Included in Rent on Your Lease To verify if utilities are included in your rent, there’s one definitive place you should look: your lease. As property managers in Philadelphia , we know it’s critical for making sure you’re fully informed about which utilities are included in your rental.
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What Utilities Are Included in Rent: A Guide for Tenants
Bay Property Management Group
FEBRUARY 18, 2025
In particular, landlords and property management in Northern Virginia tend to include the following utilities, specifically: Water Most rentals that include utilities include water in the rent. In fact, some properties even offer recycling services as part of this fee. Still, it does come with a few disadvantages.
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Mortgage Rates in 2025: Will Mortgage Rates Go Down?
Bay Property Management Group
MARCH 18, 2025
Thinking about buying a property in 2025? Whether youre buying your first home or working with property managers in Washington DC on a current one, you can get the best deal possible if you know exactly what goes into mortgage rates. Partner with us and turn your property into a more passive, profitable asset!
Balancing the Books: Financial Planning Essentials for Property Managers
Real Property Management California Coast
DECEMBER 20, 2024
Effective financial planning is the pillar of any successful property management business. It enables property managers to earnestly observe their incomes, expenses, and profitability and discover opportunities for future growth and stability.
New leadership in commercial real estate: Mary Lue Peck, BOMA
Yardi Breeze
MARCH 26, 2025
Why BOMA stands out Interviewer : What makes BOMA stand out in commercial property management? Our programs, editorial content, products and services are informed by the collective knowledge of our members, all of whom are leaders in property management. The demand for skilled property managers has grown.
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Data-Driven Decisions: How Analytics Can Enhance Property Management
Real Property Management California Coast
JANUARY 10, 2025
Data analytics has become a powerful tool for rental property managers and owners committed to make informed decisions in today’s evolving rental market. All of these are indispensable in improving the value and profitability of rental properties.
How to Find Profitable Rental Property
Real Property Management Chicago
MAY 6, 2016
Demand for rentals has never been higher, Chicago area rents are on the way up, and the time to invest in Chicago properties has never been better. Find profitable rental property, and you will have an excellent investment that will be profitable for years to come. However, choosing your investment property can be tricky.
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What Qualifies as an Emergency Maintenance Request?
Real Property Management Chicago
JANUARY 23, 2025
Many property managers distinguish that they need to work straightaway when a resident calls with an emergency maintenance request. This is one of the toughest scenarios that property owners face since some problems, even those that cause irritation or discomfort, are not true emergencies. What defines an emergency repair?
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How to Get Ready to Apply for Apartments and Other Rental Properties
Real Property Management Chicago
NOVEMBER 30, 2017
Almost every Chicago property management company will be checking your credit. Before you apply, call the property management company or landlord to ask about their application criteria. Most Chicago property management companies and landlords will ask for these.
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Finding the Perfect Multifamily Property
American Apartment Owners Association
JANUARY 27, 2025
Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property? Get started by viewing .
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Dealing with an Unresponsive Landlord: The 3-Step Plan
Bay Property Management Group
DECEMBER 2, 2024
According to our Baltimore property management company , your landlord will typically have 24 hours to address critical issues. Additionally, if you caused said damage, your landlord is most definitely not on the hook for it. You can choose a home with a tenant-friendly property manager.
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Winterizing a Vacant Home During Frigid Weather
Real Property Management Chicago
NOVEMBER 25, 2021
Frigid temperatures are bad for any rental property, but this can be especially bad for vacant properties during the cold parts of any year. If you have a rental property that’s going to be sitting empty, even if just for a bit, it’s wise to winterize it. But you don’t have to do it alone.
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Our Most Valued Asset, the Tenant
Real Property Management Chicago
AUGUST 27, 2021
For a lot of Northbrook rental property owners , real estate is often agreed upon as the most valuable asset. Then again, if you say that the definition of an asset is a means of generating cash flow, it might be that your most valued asset isn’t your property but your tenant. So how can you avoid this situation?
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PPC Campaigns: Brand Awareness vs. Lead Generation Campaigns
Fourandhalf
AUGUST 28, 2024
 Are you looking to further your company’s reach and get your name in front of more property owners? PPC campaigns can be a great way to reach prospective property owners online quickly and cost-effectively. Brand awareness ad campaigns prioritize getting your property management business known by potential customers.
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Airbnb Property Manager
Renjoy
AUGUST 1, 2023
What Exactly do the Best Airbnb Property Managers do? So, you’ve dabbled in the world of Airbnb and discovered that managing a property isn’t just a walk in the park. That’s where the Airbnb manager superstars swoop in to save the day. Well, fear not! Finding the right one is absolutely crucial!
Four Types of Real Estate Investments You Need to Know
Real Property Management Chicago
FEBRUARY 17, 2022
Rental property investors, primarily, have numerous choices as to property type, size, and function. If you’re not yet clear which type of rental property is appropriate for you, start by learning about the four main types of real estate and the purpose of each one. In 2020, it was valued at $33.6 trillion and still increasing.
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A Roller Coaster Ride :Renting, and Los Angeles Property Management
Real Property Management Choice
MARCH 23, 2018
And although at some points you feel nervous, after finishing the ride you know it was definitely worth the wait. Now apply the same situation to owning real estate rental property. You’ve waited a long time to get to a point in your life where you could have investment property bringing you in an extra source of income.
Secrets to Maximizing Your Los Angeles Rental Property Management Experience
Real Property Management Choice
AUGUST 23, 2018
As the leading rental property management company in Los Angeles, it is our job to help each rental property owner understand the benefits that investing in rental property has. By not performing adequate repairs, you will experience accelerated depreciation of the property, and end up paying for maintenance.
Know the Rules of the Grill: Grilling Safety Tips for Tenants
Real Property Management Chicago
MAY 26, 2016
Don’t ever try to move hot coals or a hot grill, and definitely never take them indoors. Real Property Management Chicago Group is a professional Chicago property management company that manages many single family homes, condos, apartments and duplexes in Chicago and the surrounding suburbs.
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Redding CA, Property Manager search
Authority Property Management
FEBRUARY 10, 2019
Searching For A Great Property Manager? When you have a vacancy at your property, you naturally have a screening process in place to find the right tenant. Therefore, if you’re in the market for a great manager for your property, here are some of the best tips we recommend you use during your search.
A Complete Guide to Mortgages: Tips for Homebuyers
Beach Front Property Management
DECEMBER 30, 2024
Mortgages play a vital role in real estate, making homeownership and property investment accessible by providing financing options. This guide explores mortgage types and how they impact your real estate journey, empowering you to choose the best option for your financial and property goals. Feel free to reach us at BFPMInc.
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5 Signs You Need A New Property Manager
Authority Property Management
NOVEMBER 24, 2019
Think You May Need A New Property Manager? When you own rental property, we realize you want the best property management company in charge of your properties. However, if you fail to pay attention to the details when selecting a property management firm, you will quickly realize this was a huge mistake.
Rent or Buy? 3 Reasons to Keep Renting
Real Property Management Chicago
JULY 1, 2016
However, you would also need to pay for maintenance on the home, property taxes, homeowner’s insurance, realtor and lawyer fees, HOA fees, interest and more. If you’d prefer not to be in charge of these things, then renting is definitely for you. If not, the decision to purchase a home might cause undue financial strain.
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Can You Charge A Pet Deposit or Pet Fee For Assistance Animals?
American Apartment Owners Association
FEBRUARY 10, 2025
Definition and Types of Assistance Animals Assistance animals are prescribed by healthcare professionals and are essential for individuals with disabilities. Distinction in Charges Although pet deposits cannot be charged, landlords can still use standard security deposits to cover any potential property damages caused by an assistance animal.
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Renter-Friendly Christmas Decorating Tips
Real Property Management Chicago
DECEMBER 18, 2020
Real Property Management Chicago Group can definitely help! The post Renter-Friendly Christmas Decorating Tips appeared first on Real Property Management Chicago Group. Are you earnestly looking for a new rental home this winter? Don’t hesitate to browse our current listings or call us at 312-265-0660.
10 Tips For Smart Airbnb Property Management
Kleenerly
SEPTEMBER 22, 2020
As an Airbnb property manager, you have to realize that you’re not just a host but you’re also a businessman. It’s also about managing your Airbnb rentals and account as a business. That’s why it’s important to have smart Airbnb property management. It’s not just about welcoming and sending off guests.
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