Thu.Dec 05, 2024

article thumbnail

How Property Management Can Address Middle-Income Affordability Challenges

Appfolio

See how 2025’s emerging trends in workforce housing — and technology — are creating opportunities for sustainable, profitable property management operations while addressing affordability needs for an often overlooked segment of the population.

article thumbnail

The property management software buying guide: Comparing property management software reviews

Buildium

Buying property management software can be a big investment and—like any big investment—you want to be sure you’re making an informed purchasing decision, one backed by advice you can trust. But, in a crowded software market, filled with an ever growing list of options and ads designed to position each as “the best”, reliable advice can be hard to come by.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are the Penalties for Breaking a Lease: A Primer

Bay Property Management Group

Unfortunately, you may face penalties for breaking a lease. Before you make any rash moves, you should be prepared for the possible consequences that might happen. As such, weve mapped out what those consequences entail, how to possibly reduce them, and instances when you can break a lease without a penalty altogether. Read below for more information.

Lease 130
article thumbnail

Streamlining operations with technology: How Boathouse drives efficiency through technology

Updater

In an industry where property management teams are juggling resident needs, maintenance, leasing, and administrative work, operational efficiency is key to success. For the Boathouse in Portland, Oregon, adopting technological solutions like Updater has helped them streamline processes, improve resident experiences, and make their day-to-day more manageable.

article thumbnail

Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

article thumbnail

The Average Cost of Evicting a Tenant in Virginia

Osprey Property Management

There are several reasons why rental property owners may have to evict a tenant, whether for severe violations of the rental lease agreement, property damage, or a lack of rent payments. To avoid income loss (or a lawsuit), rental property owners need to be diligent in giving notice and carrying out the legal eviction process to remove a tenant and avoid eviction costs.

Tenant 130
article thumbnail

Winterization Checklist for Multifamily Apartments

American Apartment Owners Association

When winterizing multifamily rental apartments , it is essential to think beyond storm damage prevention. Cold temperatures, ice buildup, freezing, thawing, and even rain can cause significant issues. Moreover, indoor hazards like holiday lights, candles, and space heaters add to the risks. Data from the Insurance Information Institute shows that winter storms caused a record $15 billion in insured losses in 2021 alone.

Apartment 130

More Trending

article thumbnail

Maximizing Your Investment

American Apartment Owners Association

In the ever-evolving world of real estate investing, staying informed about tax strategies that can enhance your returns is crucial. One such strategy is bonus depreciation, a powerful tool that can significantly impact the profitability of your multifamily real estate investments. In this blog post, we’ll explore the concept of bonus depreciation, its application to multifamily properties, and how you can leverage it to maximize your investment returns.

article thumbnail

Onshoring Is Creating New Opportunities In US Commercial Real Estate

Forbes Business Council

The return of high tech manufacturing to the United States is having a positive impact on demand for commercial real estate.

article thumbnail

How to Leverage Property to Buy Another

American Apartment Owners Association

Real estate investing is an excellent way to build wealth and generate passive rental income. One way for real estate investors to maximize their return on investment is by leveraging equity or using the value of their assets to secure financing for additional properties. In this article, we’ll cover the basics of leveraging equity in real estate investing, including how to leverage equity in a rental property, how to leverage property to buy another, and the risks associated with leveraging a

Property 130
article thumbnail

Three Things You Need To Start A Socially Responsible Company

Forbes Business Council

Business ethics and CSR are not roadblocks to company success; they’re the building blocks for a strong and sustainable company.

111
111
article thumbnail

These Are The New IRS Tax Brackets For 2025

American Apartment Owners Association

Key Takeaways The IRS has updated its tax brackets, standard deduction, and other items for the 2025 tax year. Dollar values have been adjusted to reflect inflation, with tax brackets rising about 2.8%. The IRS adjusts income tax thresholds every year so that taxpayers pay the same proportion of their income regardless of changes in the cost of living.

article thumbnail

Five Tips On Developing Grit For Success

Forbes Business Council

Grit can enable you to adapt, grow and stay committed to your goals, even in the face of repeated challenges.

110
110
article thumbnail

How To Invest in Multifamily Real Estate with No Money Down

American Apartment Owners Association

Multifamily real estate investments are often hailed for their potential to provide substantial cash flow, tax benefits, and property management ease. These properties, comprising two or more residences within a single structure, offer a remarkable opportunity for investors to diversify their portfolios. But what if you lack the liquid capital to make your entry into this lucrative market?

article thumbnail

Growing Your Business? Here’s How To Legally Reduce The Taxes You Owe

Forbes Business Council

As a business owner, seek opportunities to spend your money in ways that could give you tax deductions.

105
105
article thumbnail

The 5 Housing Markets To Watch in 2025—Especially If You’re an Investor

American Apartment Owners Association

Rapid population growth and affordability are fueling some of the hottest markets investors need to keep an eye on in 2025. And Dallas, which saw the largest increase in population in 2023, according to the U.S. Census Bureau, is ripe as an investor’s market. Four other cities—including Miami; Houston; St. Petersburg-Tampa, FL; and Nashville, TN— ranked high in the Emerging Trends in Real Estate 2025 report from Price Waterhouse Coopers and the Urban Land Institute, which identified the five hot

article thumbnail

Attracting And Keeping Valuable Talent For Businesses

Forbes Business Council

A large part of running a sustainable business is placing employees at the top, as they are the fabric that keeps the entire operation intact.

105
105
article thumbnail

The Renters Rights Bill Update Part 3

Landlord Vision

Before I begin the update I would like us to Remember a young lady who died tragically doing something most of us do without thinking. Suzy Lamplugh On the last Monday of July 1986, in broad daylight and in the middle of a working day, the unthinkable happened. Suzy Lamplugh, a 25-year-old, disappeared during the […] The post The Renters Rights Bill Update Part 3 appeared first on Landlord insider.

Landlord 105
article thumbnail

Three Ways To Increase Employee Happiness In The Workplace (And Why It Matters)

Forbes Business Council

Prioritizing our teams' happiness starts at the ground level: It starts with us.

IT 105
article thumbnail

Can I Use Pet Deposit Money To Pay For Other Rental Damages?

Rental Housing Journal

Can a landlord use pet deposit money to pay for other tenant rental damages is the question this week for Ask Landlord Hank. Remember Hank is not an attorney and he is not offering legal advice. If you have a landlord question for him please fill out the form below. Dear Landlord Hank, I have a tenant that left before we did the walkthrough. The place was full of old beds, sofas, broken cabinets and wood pallets, and loads of garbage.

article thumbnail

Five Potentially Dangerous Browser Extension Permissions To Understand

Forbes Business Council

Understanding and managing permissions granted to browser extensions is essential for limiting access to sensitive data and preventing exposure to unwanted third parties.

article thumbnail

Building Your Colorado Springs Dream Team: Essential Professionals for Investors

Muldoon Associates

Everyone loved watching the Olympics. You probably have your favorite baseball team. You might be betting on who is going to make it to the Super Bowl in 2025. Our point is: a dream team is universally admired. Whether we’re talking about professional sports, amateur activities, or owning investment properties, you need to have the right people doing what they do best in order to win.

article thumbnail

Four Stumbling Blocks To Value Creation And How To Overcome Them

Forbes Business Council

Reframe potential obstacles as stepping stones to success.

105
105
article thumbnail

Curb Appeal Magic: Landscaping and Design Tips for Stunning Exteriors 

Real Property Management DC Metro

First impressions matter substantially, especially as far as it concerns rental properties. A well-maintained exterior not only attracts potential tenants but, in actuality, can also boost your propertys value. This is the power of curb appeal! Without a doubt, incurring landscaping that changes your propertys curb appeal from typicall to appealing is not as easy as it sounds.

article thumbnail

Is The Card Account Updater (CAU) A Good Option For Your Business?

Forbes Business Council

Here’s what businesses need to know about CAUs, including how they work, their benefits, potential challenges and how to implement them effectively.

105
105
article thumbnail

Smart Airbnb Investment Advice

Thanks For Visiting

Smart Short Term Rental Investment Advice for Lucrative Returns So, youre thinking about short-term rentals? You’ve heard about Airbnb, and now you’re looking for solid Airbnb investment advice. This is where planning meets potential, but it’s also where smart advice can make all the difference. This isnt about listing a spare room; its about building an Airbnb business.

Airbnb 59
article thumbnail

Building Robust Leadership Pipelines Can Drive Growth In Healthcare

Forbes Business Council

A strong talent pipeline doesn’t just prevent gaps when someone leaves. In my experience, it is what keeps your organization moving forward.

IT 104
article thumbnail

Loss of rental income insurance: Essential coverage for every landlord

MRI Software

For many landlords, rental income is more than just extra cashits essential for covering mortgage payments, property maintenance, and personal financial goals. In fact, a 2020 report by the Joint Center for Housing Studies found that 41% of rental property owners depend on rental income for more than half of their household income. So, what happens when an unexpected event, like a fire or storm, leaves your property temporarily uninhabitable and your rental income at risk?

article thumbnail

A Strategic Approach To Managing Flexible Workforces

Forbes Business Council

Whether you're embarking on digital transformation, managing costs or seeking specialized expertise, the blended workforce model can offer a future-proof solution.

article thumbnail

Investing in affordable multifamily housing: Key benefits and risks to consider

MRI Software

When it comes to real estate, investing in affordable multifamily housing is one option that continues to gain traction. Why? Well, it offers a mix of steady income, long-term value, and opportunities to help local communities. Like any investment, it also has its challenges, and understanding both the benefits and risks is key to success. In this blog, well explore the main benefits of investing in affordable multifamily housing, such as stable income and tax incentives.

article thumbnail

How To Stay Grounded And Lead With Confidence In Uncertain Times

Forbes Business Council

Leadership is not about having all the answers—it’s about guiding your team through challenges with confidence, flexibility and resilience.

98
article thumbnail

Coal Harbour 2 Bed + Office Townhouse w/ Patio @ One Harbour Green

Sunstar Realty

Address: 1179 W. Cordova Street, Vancouver Available: January 1, 2025 - long term unfurnished Bedrooms: 2 + office Bathrooms: 2.5 Finished area: 1910sf Levels: 2 Fireplaces: 1 Flooring: hardwood, carpets, tiles mixed Outdoor: huge patio Parking: private underground 2 cars garage Locker: yes Deposits: half a month security deposit + fob deposits. Lease term: minimum one year lease.

article thumbnail

The Role Of Secure Text Messaging In Fraud Prevention

Forbes Business Council

As businesses integrate SMS into their communication strategies, the importance of security cannot be overstated.

98
article thumbnail

Central Lonsdale 2 Bed + Den Condo w/ Gorgeous Views @ Centreview

Sunstar Realty

Address: #1207- 112 13th Street East, North Vancouver Available: January 1, 2025 - long term unfurnished Bedrooms: 2 + den Bathrooms: 2 Finished area: 1014sf Flooring: hardwood laminate, tiles mixed Outdoor: 1 balcony Parking: 2 side-by-side underground stalls Locker: 1 Deposits: half a month security deposit + fob deposits. Lease term: minimum one year lease.

article thumbnail

The Future Of Leadership: Getting Really Real

Forbes Business Council

AI can take over a lot of things, but true human connection will be a tough one.

97
article thumbnail

California Cities Push Back on Rent-Setting Software

Rental Housing Journal

California cities, including San Diego, are pushing back on rent-setting software programs used by apartments, according to reports. Some landlords use a single company’s software – which uses an algorithm based on proprietary lease information – to help set rent prices. San Diego’s city council president is the latest city to join the movement, proposing to prevent local apartment owners from using the pricing software, which he maintains is driving up housing costs.

Rent 52
article thumbnail

Keeping Digital Trust Alive In A World Of Breakneck Tech Advances

Forbes Business Council

The sum of your strategies and processes over time will determine your resilience and the value you are able to deliver to the end customer.

59