November, 2023

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Renters’ Roost: How to Create a Bird-Friendly Yard

Real Property Management Chicago

Do you possess a green thumb and a tender spot for our feathered companions as a tenant? Imagine an early morning spent savoring coffee on your patio, accompanied by the harmonious sounds of birdsong emanating from the window, or an avian symphony that fills your patio. We’ll walk you through the process of transforming your modest home into a birdwatcher’s paradise in this book, giving you peace of mind and a close-up view of the fascinating world of birds.

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The Airbnb 2023 Winter Release: What You Should Know

Get Paid For Your Pad

A couple days ago Airbnb came out with a new update: The Airbnb 2023 Winter Release. I highly recommend you check it out so you're aware of the changes. In this email I'll share what I think are the two most important things you should know. 1.

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How to Scale Your Technology Strategy to Support Growth via Acquisition

Appfolio

Looking to grow your property management business through an acquisition? This article explores everything you might need to know to make an informed decision and ensure onboarding is as seamless as possible.

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Fannie Mae Rolls Out 5% Down Payment Program for Multifamily Properties—Here’s What You Need to Know

BiggerPockets

Effective November 18, Fannie Mae will begin accepting lower down payments on multifamily housing. Read all of the details here.

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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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Understanding Homeowners Insurance for Rental Property: A Guide for Investors

Mashvisor

A profitable real estate investing journey starts with buying a high-potential property and continues with managing it in an optimal way.

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Quick Hits | MSCI October Update

Colliers

OfficeOffice volume was limited in October, with $3.1 billion trading. Only 188 properties transacted, the lowest monthly total since 2011. Deals, while sparse, are still getting done. The largest transaction of the month was the sale of Metropolitan Square in Washington, D.C., for $381.3 million.

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Q3 Silicon Valley Commercial Real Estate Outlook

Esquire Property Management Group

Silicon Valley Office Market In the third quarter of 2023, the iconic Silicon Valley commercial real estate office market faced ongoing challenges. Net absorption recorded a negative 1.8 million square feet, surpassing the Q2 2009 record during the Global Financial Crisis of 2007-2008. The decline in net occupancy was multifaceted, influenced by reduced office demand amid evolving remote work trends, stubborn interest rates, and uncertainties in the technology sector’s hiring patterns post

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Office trends: The path to an employee-centric workplace

MRI Software

Real estate occupiers have endured occupancy whiplash over the past few years. First there was the shift from full offices to empty ones, followed by managing various combinations of remote and hybrid roles. Heading into 2024, the landscape is shifting once again: it seems every few weeks another company announces its employees will be returning to the office.

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Turning $15K into $4K/Month by Investing in This Overlooked Asset Class

BiggerPockets

There’s one type of investment property most people would NEVER consider that could make you a millionaire.

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Mastering Real Estate Analysis: Essential Insights for Savvy Investors

Mashvisor

Diligent, accurate, and detailed real estate analysis is at the core of making profitable rental property investment decisions.

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Macro Trends Shaping the Future of CRE Part 1: Shifting Demographics Set Up Long-Term Labor Challenges

Colliers

The rate of change in the world is continuing to accelerate. In the words of world-renowned venture investor and philosopher, Naval Ravikant, “The more complex the system, the faster the rate of change.

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Is Your CA Property Manager Legally Licensed?

Authority Property Management

Why Must California Property Managers Have a Real Estate Broker License? In California's dynamic real estate market, the legal requirements for property management often raise crucial questions for property owners and landlords. One key requirement is that both individual property managers and firms must operate under the supervision of a licensed Real Estate Broker.

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Your DC Holiday Gift Guide

Nest DC

A behind-the-scenes, unexpected holiday shopping guide. ‘Tis the season to shop for our loved ones! Don't forget to vote with your dollars and keep your holiday shopping local. DC entrepreneurs and close pals Stacey Price and lisa wise had a cheerful chat to put together their unexpected list of holiday shopping tips.  lisa: Okay, Stacey, is this list too hard or too easy?

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What is common area maintenance (CAM) and why should you keep track of it?

MRI Software

Welcome to MRI Software’s exploration of a critical aspect of commercial property management: Common Area Maintenance (CAM). But what is Common Area Maintenance, and how does it intersect with real estate expense recoveries ? CAM encompasses the tasks and costs associated with maintaining shared spaces within a commercial property, a fundamental component of real estate management.

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The Ultimate Guide to House Flipping Costs

BiggerPockets

Understanding how much it costs to flip a house is key to successful real estate investing. Basic house flipping costs involve the purchase price, holding costs, renovation costs, and selling fees. A clear understanding of the cost components is crucial for ensuring your house flipping is a lucrative investment strategy. Otherwise, your budget will quickly disappear, along with any profit.

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The 5 Different Types of Inspections Every Property Owner Should Carry Out

Real Property Management Choice

Landlords must carry out a variety of inspections as part of the rental property business. These arise at various times and for various reasons, although the initial main objective is to secure a quality tenant. Furthermore, thorough inspections enable landlords to find maintenance problems before they escalate into urgent repairs and confirm that renters abide by the lease’s conditions.

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Key Takeaways and Highlights from the 2023 Colliers TAC Annual Event

Colliers

In October, the Colliers Tenant Advisory Council (TAC) brought together tenant-focused experts and clients in Miami for its Annual Event. The conference provides a platform for networking, forging meaningful connections, and participating in a thought-provoking program, that focused on navigating commercial real estate decisions in today’s changing environment.

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How an Open API Unlocks the True Potential of Single-Family Property Management Technology

Propertyware

By: Laurie Mega No matter how hard a single property management technology solution tries, it can rarely solve every single pain point for every single property manager out of the box. There are always workarounds to capture information left out of the system, or to set up workflows unique to your business. This is particularly true for single-family property managers, who may be dealing with multiple owners of one-off properties, or HOAs with unique rules and regulations.

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A Broker's Dilemma; The Risks of Sales Agents Managing Properties

Authority Property Management

How mixing sales and property management could cost brokers their insurance. In the complex world of real estate, brokers often face the decision of whether to engage in property management activities alongside sales. While diversifying services may seem appealing, there are significant reasons why a broker not specialized in property management should think twice before allowing their sales agents to manage properties.

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Weaker Black Friday Footfall Expected Compared to Previous Years

MRI Software

As the consumers of New York City prepare for the magic of the holidays, attention turns to how the city will fare this Black Friday amid slowing inflation and weakening footfall performance on the day itself since 2018, which is when the retail intelligence experts at MRI Software started publishing pedestrian traffic data for New York. Footfall on Black Friday in the previous two years (2021 and 2022) has declined by an average of -1.8% week on week, which could indicate consumers extending t

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Biden Administration Plans to Repurpose Commercial Properties Into Residential Units to Improve Affordability—Will It Work?

BiggerPockets

Last month, the Biden administration announced a series of actions designed to facilitate the conversion of specific properties to improve affordability in several metros. Here are the details.

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Property Management vs. Portfolio Management: What’s the Difference?

Real Property Management California Coast

It is essential for property owners and real estate investors to have a thorough understanding of the day-to-day operations that comprise property maintenance. This encompasses the verification of tenant satisfaction with their living conditions, the adherence to rent collection protocols, and the smooth operation of all systems. On the other hand, portfolio management skills are also essential if you own several properties.

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New Trends, New Tides: Retailers Ride the Wave to Miami over New York

Colliers

The competition among cities to attract retailers has always been fierce, with New York long being considered the epicenter of retail and trendsetting. However, lately the sunny, vibrant streets of Miami, Florida have emerged as a magnet, attracting, and even luring away a growing number of retailers from the Northeast.

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Property Management vs. Portfolio Management: What’s the Difference?

Real Property Management DC Metro

It is essential for a real estate investor or owner to comprehend the day-to-day tasks associated with property maintenance. Ensuring seamless operation of all systems, constant rent collection, and tenant satisfaction with living circumstances are all part of this. But if you own more than one property, portfolio management is another skill you need to master.

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Rental Market Analysis 101: A Quick and Accurate Guide

Real Property Management Enterprises

Single-family rental property owners understand how important it is to stay current with the market. One of the most effective ways to achieve this is to conduct a rental market analysis on a regular basis. If you own rental property or are considering purchasing one, a rental market analysis would be incredibly beneficial. A thorough market analysis will assist you in learning more about the competition and determining an accurate rental rate for each property.

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Navigating the Credit Score Maze

Florida Property Management

Factors and Strategies for Improvement In today's financial landscape, a good credit score is a key asset that opens doors to favorable interest rates, better loan terms, and increased financial flexibility. Your credit score is a numerical representation of your creditworthiness, and understanding the factors influencing it is crucial for making informed financial decisions.

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How to Find Houses to Flip

BiggerPockets

Some houses are primed to be flipped, while others are best left to another buyer. Knowing how to find houses to flip is critical to your success as a real estate investor. Here, you’ll learn how to adjust your approach to ensure yourself of finding (and buying) houses that can be flipped for a profit.

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Are You An “Accidental Landlord”?: What You Need to Know Before Renting Your Home in Washington, DC

Nest DC

Turning your home into a rental property is a serious undertaking, especially if you’re falling into it by accident. From tenant screening to rental licensing to ongoing management, it’s easy to miss a step without the right guidance. In this blog, we'll delve into the challenges and experiences you can expect in your first year of renting out your home to a tenant, focusing on the unique aspects of Washington DC's rental market.

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Quick Hits | The Fed is Shrinking Its Balance Sheet

Colliers

Monthly Change In Fed Balance Sheet The Federal Reserve’s policy of raising interest rates and drawing down its balance sheet through QT has reduced liquidity in the overall financial system. How long this will last is an open-ended question. Despite this balance sheet reduction, the Fed’s holdings remain well above pre-pandemic levels.

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How To Start An Airbnb Business

AirHost Academy

This post is written by By Angela Colley for Arrived , empowering the world to build wealth through modern real estate investing. Airbnb is an excellent platform for short-term vacation rental property owners. It’s user-friendly, popular, and provides access to a large market of potential renters. But there’s a lot more to running a successful Airbnb business than publishing a listing.

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How Short Term Let Management Supercharges Your Listing

SevenStays

Looking to take your Airbnb listing to the next level? Click to discover how short term let management from the SevenStays team could optimise your property.

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8 Best Flooring Options for a Rental Property

Real Property Management Choice

It can be challenging to locate visually beautiful, economically affordable, and lasting materials for your rental house. The last thing you don’t want is your flooring to start degrading after only a few months or lose its visual charm. As a landlord, you want to ensure that you are getting the most value for your money in this area since flooring can greatly impact the aesthetic and worth of your rental property.

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8 “Under the Radar” Housing Markets With Low Prices and High Cash Flow

BiggerPockets

These eight high-upside housing markets are true diamonds in the rough. Check out the full list here.

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Authority Property Management Monthly Newsletter - November 2023

Authority Property Management

Authority Property Management November Newsletter 2023 ����️ Hello cherished property owners, friends and fans As November welcomes us with the gentle patter of rain and the crispness of cooled temperatures, it's the perfect time to settle in with a warm beverage and the latest happenings from Authority Property Management.

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The Low-Occupancy Strategy of Manufactured Housing Investing

Colliers

Investing in real estate has always been regarded as a sound financial move, and while many investors gravitate towards high-occupancy properties, some are discovering the potential hidden in low-occupancy manufactured housing communities. Common reasons for low occupancy include mismanagement, lack of maintenance, outdated facilities, destruction from storm damage, and possibly even a poor reputation.

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Expert Tenant Screening and Placement

California Leasing & Management

When it comes to property management, one of the most crucial aspects is finding the right tenants. At California Leasing Property Management, we understand that successful property management starts with a rigorous tenant screening and placement process. Whether you own property in Santa Clarita, Los Angeles, or Ventura Counties, our commitment to excellence remains unwavering. 1.

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