Genuine Property Management

APRIL 29, 2024

Relocating can be a monumental task, filled with both excitement and significant challenges. Whether you’re moving for a new job, better weather, or a change of scenery, Orange County offers a vibrant lifestyle with plenty to offer. Below, we aim to ease your transition by providing essential packing and moving tips tailored specifically for your […] The post Packing and Moving Tips for a Smooth Transition to Orange County appeared first on Welcome to Genuine Property Management.

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Real Property Management Chicago

APRIL 19, 2024

Managing risks effectively is crucial for successful real estate investing. Minimizing risk is crucial for long-term success in your portfolio, no matter your experience level. Protect your investments by diversifying, performing due diligence, and keeping informed. By following these tips, you can succeed in real estate investing with both confidence and resilience.

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Appfolio

APRIL 16, 2024

Managing multiple types of properties presents as many challenges as it does opportunities. Keeping records, maintaining different systems, handling maintenance.

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Rental Choice

APRIL 4, 2024

Setting the proper rental rate can make or break a landlord’s success in the rental market. An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. Factors to Consider: How Much Should I Charge for Rent? There is no set rule or standard when it comes to determining a rental price.

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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.

Lease

We Need A Vacation

APRIL 25, 2024

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BiggerPockets

APRIL 22, 2024

The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York.

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Real Property Management Chicago

APRIL 4, 2024

Developing a dependable rent collection plan is imperative for rental property owners. In addition to setting the right rental price, managing rent payments stands as a key decision for property owners. With an effective rent collection strategy and prior preparation, you can prompt your tenants to submit their payments promptly. We’ll look into the best practices for gathering rent from tenants and outline the tactics to avoid.

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Appfolio

APRIL 3, 2024

The multifamily market is in the midst of a historic construction boom, which could impact occupancy rates significantly. Check out our analysis of the situation and tips to optimize the leasing and resident experience for peak occupancy.

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Mashvisor

APRIL 22, 2024

Much like the rise of hybrid work, the travel and housing industry has seen a rise in the need for mid-term rentals.

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Colliers

APRIL 30, 2024

There is a sea of change taking place in cold storage, and the once unnoticed sector of industrial real estate is now front and center. Real estate developers have stepped into the fray, spearheading projects speculatively and pushing the boundaries of size and scale.

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BiggerPockets

APRIL 22, 2024

For real estate investors, the question of cash flow versus appreciation is as old as time. However, in an era of high interest rates, buying properties for cash flow isn’t easy.

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MRI Software

APRIL 29, 2024

Including Microsoft Excel in your lease accounting workflow may seem like the simplest or most practical way to manage simple accounting tasks. And it would be – if the business landscape never changed. While Excel can be a great starting point, it can’t keep up with the real estate market – especially for retailers. As your business adapts to new market conditions and management processes get more complex, the risk of broken formulas, incorrect data, and lost files increases.

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Real Property Management Choice

APRIL 25, 2024

Assembling a list of essential maintenance tips is a good idea because as most landlords know, a well-maintained home attracts high-quality residents, brings in higher rents, contributes to tenant retention, and leads to a more profitable investment experience. If you are renting out a Gardena, CA property, you need to be aware of the best practices when it comes to maintaining it.

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Appfolio

APRIL 1, 2024

As teams gear up for a busy leasing season, revisiting core areas such as training, staffing models, cross-selling, response times, and compliance provides a roadmap for success. Read on for tips to ensure your team is ready to make the most of leasing season.

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Mashvisor

APRIL 11, 2024

AirDNA is useful—but it is costly and lacks certain features. Here are the best AirDNA alternatives to help with your short term rental investments.

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Colliers

APRIL 30, 2024

The landscape for Healthcare Real Estate Investment Trusts (REITs) is undergoing significant transformations, reflecting broader shifts in the healthcare industry and economic frameworks. These entities, which are instrumental in managing healthcare-related real estate, face the challenge of healthcare providers’ increasing operational costs and pressures for providing affordable healthcare.

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BiggerPockets

APRIL 17, 2024

The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities.

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Authority Property Management

APRIL 25, 2024

Read our latest blog post about our journey. Since opening our doors at Authority Property Management in 2015, we have been dedicated members of the Redding Chamber of Commerce. Our active involvement with the Chamber has been instrumental in both fostering our growth and significantly contributing to the community’s economic prosperity. Engaging with Local Leaders and Businesses The Redding Chamber of Commerce serves as a central hub for business leaders and influencers in our region.

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Florida Property Management

APRIL 25, 2024

Living in Florida has sunny perks, from the warm weather year-round to inviting communities. If you're considering investing in rental property, getting familiar with the local rules about security deposits is super important. Knowing these laws helps landlords and tenants stay on track and avoid unnecessary headaches. After all, a good relationship between a tenant and landlord is like a well-maintained garden—it requires attention and care from both sides.

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MRI Software

APRIL 25, 2024

Healthcare organizations face numerous challenges, ranging from managing their resources efficiently to ensuring regulatory compliance and providing the best possible care to patients. One of healthcare organizations’ most significant challenges is ordering equipment and supplies. Leasing management software helps to overcome challenges and streamline leasing operations for the healthcare industry and mitigate the challenges they face.

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Mashvisor

APRIL 30, 2024

A bill for $10,000 reaches your desk. A guest recently fell and hit their head at your property and needed a brief hospital visit.

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Colliers

APRIL 29, 2024

In a time when the commercial real estate industry is undergoing exceptional change, industry leaders gathered for the recent SIREAS webinar “State of the Industry: Past Reflections and Future Projections,” to discuss the evolving landscape. As a panelist, I had the opportunity to share some trends that are shaping the industry.

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BiggerPockets

APRIL 15, 2024

I don’t invest in Bitcoin because I am betting on the continuation of Western civilization, not its collapse or decline.

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Authority Property Management

APRIL 25, 2024

Understanding the 60-Day Notice to Vacate in California: A Guide for Landlords and Tenants The Essential Guide to the 60-Day Notice to Vacate and Pre-Move-Out Inspections in California Navigating California's property management laws requires both landlords and tenants to understand crucial procedures like the 60-day notice to vacate and pre-move-out inspections.

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Guest Hook

APRIL 24, 2024

Owning a vacation rental property is both a blessing and a curse. It can provide a lucrative income stream and offer the opportunity to meet people from around the world. However, it also comes with its own set of challenges, not the least of which is managing your time effectively, so everything gets done in the right time. Balancing the various tasks and responsibilities that come with being a vacation rental owner can sometimes feel like a juggling act.

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MRI Software

APRIL 25, 2024

In the highly competitive world of property management, staying on top of your portfolio is the key to success. However, juggling leases can be a complex task of documents, deadlines, and specifics that often challenge even the most experienced lease managers. With the shift to ASC 842 and other global accounting standards, the demand for structured lease management has grown.

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Real Property Management California Coast

APRIL 19, 2024

Maintaining your rental property in excellent condition is crucial as an investor, starting with the roof for single-family homes. High-quality roofs endure for years, but they all must be reshingled eventually. How regularly should you reshingle the roof of your rental property? Addressing this question requires first gathering important data about the roof, including its age, condition, and the materials used.

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Colliers

APRIL 25, 2024

The Bureau of Labor Statistics (BLS) releases two different employment surveys. The most frequently cited is the payroll survey, which typically comes out on the first Friday of the month. This survey is based on nonfarm employment.

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BiggerPockets

APRIL 29, 2024

A record 300,000 migrants entered the U.S. through the southern border in December. Rather than trying to sneak past border agents, many surrendered to apply for asylum.

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Our Little Lifestyle: Airbnb

APRIL 19, 2024

The Airbnb market has changed over the years! Did you know that Airbnb stands for Airbed and Breakfast, meaning you literally slept on an air mattress? The company has come a long way. In 2024, most Airbnb guests expect hotel-like accommodations. What does that mean? Essentially, it means that they want the space to be: safe clean comfortable have basic amenities not feel like someone else lives there Before we dig in, let me introduce myself!

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Authority Property Management

APRIL 19, 2024

The Guide to Transforming Your VRBO or Airbnb Properties into Successful Long-Term Rentals In the picturesque setting of Northern California, particularly within the boundaries of Shasta County, the Airbnb & Vrbo market is undergoing a notable transformation. The once-thriving short-term rental scene, amplified by the aftermath of the CARR fires, has reached a point of oversaturation.

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MRI Software

APRIL 25, 2024

Are you a real estate portfolio manager looking to streamline your lease management processes? This blog will walk you through the top five features to consider when choosing the right lease management software for your business. From quality data management to advanced reporting systems, these features will help you effectively manage your leases and drive efficiency.

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Real Property Management DC Metro

APRIL 19, 2024

For an investor, keeping your rental property well-maintained is imperative, especially starting with the roof of single-family homes. A durable roof can withstand many years, but reshingling is inevitable. What is the recommended frequency for reshingling the roof of your rental property? To respond to this, start by collecting key information like the roof’s age, condition, and the materials used.

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Colliers

APRIL 24, 2024

The healthcare sector has experienced tremendous growth the last 20 years. From technological advancements to evolving patient needs, the industry continually adapts to meet the demands of modern healthcare. However, one significant challenge looms large amidst this evolution: aging facilities.

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BiggerPockets

APRIL 17, 2024

We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married.

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Real Property Management Enterprises

APRIL 18, 2024

Being a proud owner of a rental property means you know the ultimate objective is profitability. However, in truth, this is easier stated than accomplished. Managing a single-family rental property involves a myriad of expenses that could exceed your rental income if you’re not vigilant. Clearly, maintaining your property in excellent condition and boosting its value is important, but it doesn’t have to be exorbitantly expensive.

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