Tue.Nov 12, 2024

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6 must-know trends for efficiency-minded property managers with large portfolios

Buildium

As a large property management company, you know how important it is to establish standard processes and leverage technology. But staying competitive also requires keeping up with industry trends. That way, you can regularly tweak your processes to become more efficient, access new revenue streams, and maximize your profits. Our 2025 Property Management Industry Report uncovers the industry’s biggest opportunities and challenges, and below we’ve highlighted the top six takeaways for large proper

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The Corporate Transparency Act – should your association wait to file a report?

Condo Control

The Corporate Transparency Act (CTA) aims to help detect and combat money laundering and terrorist finance, facilitate tracking money that has been sourced through criminal or terrorist activity, and safeguard national security and the U.S. financial system. This act came into effect in January of 2024, and businesses that meet certain criteria are expected to file a Beneficial Ownership Information (BOI) report to the U.S.

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12 Renter-Friendly Bathroom Upgrade Ideas

Bay Property Management Group

Renting has its pros and cons. On one hand, you have flexibility without the long-term commitment of homeownership. However, decorating your space can be challenging with rental restrictions. Thankfully, there are plenty of ways to revamp your rental without risking your security deposit. Read along as we review 12 creative, simple, renter-friendly upgrade ideas to elevate your rental property bathroom.

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Why You Need a Coach for Your Property Management Company

BetterWho

Running a property management company is complex, with challenges ranging from tenant relations to team management. Did you know that a property management coach can provide the guidance you need to streamline operations, increase profitability, and drive growth? Here’s why property managers are turning to coaching and consulting to gain a competitive edge.

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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.

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How to Prep for 1099s in Your Rentec Direct Account

Rentec Direct

Before the busy holiday season is upon us, now is the time to ensure you are ready for 1099s for your rental business. Current 1099 requirements mean that most landlords and property managers who need to file, will need to file electronically. Here is the must-know 1099 information for property managers and landlords who paid […] The post How to Prep for 1099s in Your Rentec Direct Account appeared first on Rentec Direct Blog.

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Maximizing Property Value Through Strategic Capital Improvements

RL Property Management

When it comes to increasing the value of your rental property, not all upgrades offer the same return on investment (ROI). Strategic capital improvements can enhance both market value and rentability, but the key is knowing which improvements offer the most impact. Investing wisely requires an understanding of the local market, tenant expectations, and the financial dynamics behind each upgrade.

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How to Write Effective Property Listings: Tips from Seattle Experts

Real Property Associates

Original Publish Date February 3, 2022 Updated November 12, 2024 What's the buzz on your investment properties in Seattle? If people aren't talking about your properties when they're ready for a new renter, it's time to take a look at your property listings and how you advertise your Seattle rental homes The buzz about your property starts with the listing—but too often, the text that goes into your property listing can be an afterthought to your photos.

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Do You Need Debt to Reach FIRE? How to Use Leverage to Build Wealth

BiggerPockets

Is paying off debt or investing (and potentially using more debt) the best way to reach FIRE?

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The Impact of E-Commerce on Cold Storage Solutions

Colliers

The rapid growth of e-commerce, especially in the food and grocery sectors, has had a profound effect on the cold storage industry. As more consumers turn to online platforms for grocery shopping, the need for efficient, reliable, and temperature-controlled storage solutions has increased significantly.

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Airbnb Revenue Strategies

Thanks For Visiting

Boost Your Income with Proven Airbnb Revenue Strategies Successfully scaling an Airbnb business requires more than just listing a property and waiting for bookings to roll in. This holds true, especially for high-earning professionals looking to diversify their portfolios. To help you thrive in this competitive vacation rental industry, I’ll reveal valuable insights on how to diversify Airbnb revenue strategies and unlock the true earning potential of your property.

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Shoppertainment Revolution: Hollywood’s Role in Boosting Retail Foot Traffic

Colliers

Entertainment has long been a critical driver of retail development and leasing activity, with experiential retailers thriving before the pandemic. Brands defined as “experience-driven” were seeing annual growth rates of 19%, compared to 13% for traditional retailers, and saw repeat purchases nearly double those of non-experiential stores.

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Furnished Finder vs. Airbnb: Which Is Better for Hosts?

Hospitable

Furnished Finder vs. Airbnb: Which Is Better for Hosts? By The Hospitable Team OTAs Listing vacation rental properties on multiple online platforms is a smart approach for STR hosts. Regarding Airbnb alternatives, you can choose from dozens of booking websites. Major Airbnb competitors are Booking.com and Vrbo, and there are also smaller platforms, such as Furnished Finder, an online portal for monthly furnished rentals.

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Upper Deer Lake 1 Bed 1 Bath Ground Floor Suite w/ Shared Backyard

Sunstar Realty

Address: Ground – 6585 Russell Ave, Burnaby Rent: $1750 Available: Now - long term unfurnished Bedrooms: 1 Bathrooms: 1 Finished area: approx. 330sf Flooring: laminate, tiles mixed Outdoor: shared backyard Parking: street parking Deposits: half a month security deposit Lease term: minimum one year lease. Pets: sorry not this one. Absolutely no smoking please.

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How to Earn “Infinite Returns” on Real Estate Investments

SparkRental

The Big Picture On Earning Infinite Returns Through Real Estate Investment: Infinite returns mean pulling out your initial investment to reinvest elsewhere while still earning on the property. Focus on properties you can renovate and refinance to start building equity fast. The BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat) is popular for achieving infinite returns in rental properties, but it requires careful planning, especially around managing refinancing costs and market fluctuations.

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What is Capital Lease Accounting?

MRI Software

Capital lease accounting, also known as finance lease accounting, refers to the method by which long-term lease agreements are recorded on the balance sheet. This approach requires the lessee to recognize both the asset and the corresponding lease liability, reflecting the ownership-like responsibilities tied to the leased asset. Let’s explore the basics of capital lease accounting and its impact on financial statements, while also delving into key considerations for proper implementation.

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