Fri.Nov 08, 2024

article thumbnail

Property management accounting basics: The definitive guide

Buildium

Learn the basics of property management accounting, including every step of setting up a property management accounting system.

article thumbnail

Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

Assuming that you own a rental property, the likelihood is that you’ve considered hiring a property management company sometime in the past. And it’s a reasonable thought. Even though some rental property owners are reluctant to hire someone else to care for their investment, for others, they see the value of the professionalism and expertise offered by an exceptional management firm.

Insiders

Sign Up for our Newsletter

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

article thumbnail

HOA Strategic Planning: Building A Future For Your Community

Yardi Breeze

Strategic planning is an investment in the future of your homeowners association. The most successful HOAs have been using strategic plans for decades, and growing communities use them as guideposts to plan their future. So, what goes into a good plan? To find the best answer, we spoke to Jake Gold, director of education at the Community Associations Institute (CAI). “The biggest challenge is often getting started,” he said, adding, “Many association managers don’t even know they sho

article thumbnail

Feature Spotlight | Automatically Email Rent Receipts to Tenants

Rentec Direct

Automatically email customized rent receipts to tenants using Rentec Direct property management software to streamline the payment process, ensure tenants receive confirmation of payment, and help property managers and landlords stay in compliance. Rentec Direct understands the importance of complying with the ever-evolving legal complexities of property management and how your software can play a […] The post Feature Spotlight | Automatically Email Rent Receipts to Tenants appeared first

Tenant 130
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

Updater yields time-savings and seamless move-ins for Madera community manager

Updater

Community Managers everywhere should be turning to Updater Pro | Onboarding, and Vincent C. — of Mission Fairways, a Madera Residential community — knows why firsthand. The post Updater yields time-savings and seamless move-ins for Madera community manager appeared first on Updater.

article thumbnail

How Seasonal Trends Shape the Rental Market in Redding, Anderson, and Shasta Lake

Authority Property Management

A Season-by-Season Guide to Maximizing Your Rental Property’s Potential in Northern California How Seasonal Trends Affect the Rental Market in Redding, Anderson, and Shasta Lake, CA Owning a rental property in Redding , Anderson, or Shasta Lake, CA, means understanding how the market ebbs and flows with the seasons. With each time of year, tenant demand, rental pricing, and occupancy rates can shift based on factors like climate, local events, and the needs of specific tenant groups.

Tenant 94

More Trending

article thumbnail

Sanitize Your Home for Flu Season: Top Cleaning Tips

Real Property Management California Coast

Plenty of people comprehend that regular cleaning is the best way to keep your rental home safe during flu season. With that said, cleaning just the revealed dirt may not be actually enough. Doorknobs, light switches, computer keyboards, smartphones, tablets, television remotes, and game controllers are easy to miss when cleaning the house. If you are not sanitizing them regularly, they may stack more harmful bacteria than your toilet.

article thumbnail

How to Invest in Real Estate in 2025 (with NO Experience)

BiggerPockets

So you want to start investing in real estate but have ZERO experience. What should you do?

article thumbnail

Text a Property Manager (614) 810-4269

RL Property Management

Are you a landlord, investor, or simply curious about property management? Navigating the ins and outs of managing rental properties can be challenging, especially with local regulations, tenant interactions, maintenance, and financial considerations to juggle. That’s where RL Property Management steps in with our new “Text a Property Manager” service!

article thumbnail

How Letting Go of Control Has Changed My Investments and My Life

BiggerPockets

It’s hard to let go of control. Scary, even.

74
article thumbnail

Transient Occupancy Tax—a Guide for Vacation Rental Hosts

Hospitable

Transient Occupancy Tax—a Guide for Vacation Rental Hosts By The Hospitable Team OTAs An essential aspect of operating a short-term rental is managing taxes. All income you get from renting out your property on Airbnb and similar sites and on your direct booking website is subject to income tax, which you pay to the federal government. However, as a host or a property manager , you also need to deal with an entirely different tax category—occupancy tax, which your short-term rental guests pay.

Airbnb 52
article thumbnail

Tantalus 2 Bedroom 1 Bathroom Ground Floor Suite w/ Deck

Sunstar Realty

Address: Ground- 41165 Rockridge Place, Squamish Rent: $3200 Available: December 1, 2024 - long term unfurnished Bedrooms: 2 Bathrooms: 1 Finished area: 900sf Flooring: hardwood, tiles mixed Outdoor: deck; south facing Parking: 2 side by side spots on driveway Deposits: half a month security deposit Lease term: minimum 3 months lease. Pets: okay with owners' approval Absolutely no smoking please.

article thumbnail

Fractional Ownership in Real Estate: How It Works

SparkRental

The Big Picture On Fractional Ownership In Real Estate: Fractional real estate ownership allows investors to buy small shares of properties, enabling participation in rental income and capital gains without the hassle of managing properties directly. Investment options range from crowdfunding platforms with low entry points to commercial property syndications.

article thumbnail

Brentwood Park Luxurious 1 Bed 1 Bath Condo w/ Balcony @ Hillside West

Sunstar Realty

Address: #1710- 4730 Lougheed Hwy, Burnaby Rent: $2390 Available: Now - long term unfurnished Bedrooms: 1 Bathrooms: 1 Finished area: 509sf Flooring: lamniate, tiles mixed Outdoor: 107sf balcony Locker: 1 Deposits: half a month security deposit + fob deposits. Lease term: minimum one year lease. Move-in/out fees: as per strata bylaws. Pets: sorry not this one.

article thumbnail

Home swap: everything you need to know - complete 2024 guide

Touch Stay

In an era of skyrocketing travel costs and a growing desire for authentic experiences, home swapping has emerged as a revolutionary way to explore the world. This comprehensive guide will walk you through everything you need to know about home exchanges, from getting started to ensuring a successful swap.

52
article thumbnail

Central Business District 1 Bed+ Office Condo w/ Balcony @ The Hudson

Sunstar Realty

Address: #914- 610 Granville Street, Vancouver Available: December 1, 2024 - long term unfurnished Bedrooms: 1 + office Bathrooms: 1 Finished area: 523sf Flooring: laminate, tiles mixed Outdoor: 1 balcony Parking: 1 underground stall Deposits: half a month security deposit + fob deposits. Lease term: minimum one year lease. Move-in/out fees: as per strata bylaws.

Retail 52
article thumbnail

Moving Forward Together: A Post-Election Message from Nest DC

Nest DC

There is good news and hard news. Let's start with the good news. The elections are over. We have a future to work on. The hard news: We have a future to work on. We know these elections affect us all—companies, too. Nest DC has been, and will continue to be, attentive to the changing dynamics of the region. I'm here to share my promise and position during this time.

52
article thumbnail

How to Retire Early in Your 40s by Supercharging Your Savings

BiggerPockets

Yes, it’s possible to retire early, even if you’re just now diving into the FIRE movement.

45
article thumbnail

Should I SELL or RENT My House? + How to Finance Home Renovations (Rookie Reply)

BiggerPockets

You’re planning to move soon and are asking yourself, “Should I sell or rent my house?” What if you’ve got little-to-no cash flow potential? Is future appreciation worth betting on?

Rent 41
article thumbnail

The Federal Reserve Cut Rates Again—What Comes Next Now That Trump is Back?

BiggerPockets

The Fed announced on Nov. 7 that it was dropping rates by 0.25%, following the 0.5% (50 basis point) cut in September.

IT 78