December, 2023

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Getting Ahead of HOTMA: What Affordable Housing Management Teams Need to Do Now

Appfolio

Affordable housing management companies have until January 1st, 2025 to reach full HOTMA compliance. See how you can navigate some of the most significant changes to HUD’s occupancy requirements in the last 10 years with the help of two affordable housing industry experts on The Top Floor podcast.

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Mastering the Art of a Rental Property Cleaning Schedule

Real Property Management Chicago

Ensuring the cleanliness of a rental residence is a fundamental component of responsible living. Achieving a spotless home necessitates an organized strategy that extends beyond mere surface-level cleaning. A well-thought-out plan outlining every step is necessary to guarantee a spotlessly clean home. The process can be made easier to handle and less stressful by carefully planning out a cleaning schedule.

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Calculating Property Value of Your Real Estate Investment

JMZ Management

Calculating property value is one thing a real estate investor should know to get a winning investment. How to do so? Click the link.

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What Is a Good ROI on Rental Property?

BiggerPockets

A good ROI on rental property typically ranges from 6% to 10%, although this can vary with location, property type, and market conditions. In some areas, ROIs over 12% are possible, while in expensive urban locations, a 4% to 6% ROI may still be favorable.

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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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Property Damage Coverage: Real Estate Investor Guide to Protection and Peace of Mind

Mashvisor

Real estate investing is a lucrative venture, but it comes with inherent risks, particularly in the realm of property damage.

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Extend the Life of Appliances in Your Rental Property

Real Property Management California Coast

The extension of appliance lifespans in rental properties is a necessity for both homeowners and landlords. It is not just about maintaining appliances; it is also about protecting your investments. Well-maintained appliances save expenses and increase tenant satisfaction. Practical methods to guarantee a win-win scenario for homeowners, renters, and landlords are covered in this article.

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Harnessing the Seasonality of Rental Real Estate for Optimal Advantage

Real Property Management Chicago

A distinct benefit of investing in single-family rental properties in a particular area is the seasonal variations in tenant behavior. There are a number of variables that can affect these seasonal patterns, including the weather, holidays, and school schedules. Families with kids, for instance, might relocate more frequently in the summer. However, because moving during the holidays can be inconvenient, tenants might be less likely to move during the winter.

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Evaluating Your Airbnb Investment: A Complete Guide

JMZ Management

Do this before you jump into Airbnb investment. Click the link to learn how to evaluate a winning Airbnb investment property.

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Rents Show Biggest Decline in 3 Years—Should Landlords Panic?

BiggerPockets

Median rent prices declined by 2.1% year over year in November, the biggest decline since 2020. What's going on and should landlords sound the alarm?

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Extend the Life of Appliances in Your Rental Property

Real Property Management DC Metro

For both homeowners and landlords, extending the life of appliances in rental properties is essential. It is not sufficient to simply maintain appliances; investments must also be protected. Appliances that are kept in good condition save money and increase tenant happiness. In order to ensure a mutually beneficial outcome for landlords, homeowners, and tenants, this article examines methodical approaches.

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Retail Recorded: Episode 26 | 2023 Retail Highlights with Nicole Larson

Colliers

In this month’s episode of Retail Recorded, Nicole Larson, National Manager of Retail Research at Colliers, joins host Anjee Solanki for a lively recap of retail highlights for 2023.

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How a Property Management Company Helps in Eliminating the Mistakes Made by Landlords?

Real Property Management Choice

Most of the landlords think that they only have to collect the rent, keep the agreement paper, and that’s all. But no, there is a lot more to know about property management. After all, as a landlord, if you don’t have proper knowledge of property management, it can lead to costly mistakes. Here a property management company in Redondo Beach can help you run your rental business in the right way.

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How an Airbnb Superhost Property Manager Can Help You Rent Your Home as a Vacation Rental in San Diego

Air Concierge

If you are looking to rent out your home as a vacation rental in San Diego, you may be wondering how to get started. One option is to hire an Airbnb Superhost property manager, like Air Concierge, who can help you navigate the vacation rental market and maximize your rental income.

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Top Tips When Buying Investment Property in Boca Raton

Florida Property Management

Are you looking to purchase an investment property in Boca Raton? Choosing to invest in real estate has been the go-to decision for most investors over the decades. The asset offers consistent rental income, an appreciation in property value, several tax advantages, and acts as an economic shock. However, all these benefits are only accruable once you invest in the ideal property and location.

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How Much Does an Airbnb Host Make?

BiggerPockets

What can you do to run a successful vacation rental business on Airbnb? Here are nine key factors that can impact your income potential as a host.

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Day 12 | Consumers’ main concerns for the festive period

MRI Software

As we near the end of the festive period it appears that consumers have approached this period with caution. Today’s results state that the main concern for this period surrounds rising prices for essential items followed by non-essential items. The post Day 12 | Consumers’ main concerns for the festive period appeared first on MRI Software.

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The Arms Race for Faster Delivery: The Role of Real Estate and Analytics in the Future of Final Mile Logistics

Colliers

Consumer purchasing choices are more frequently predicated by order-to-delivery cycle time than ever before and as a result, corporations are making demonstrable adjustments to their supply chains to maintain or increase their market share. A popular operating strategy among retailers right now is shipping orders from store locations, effectively treating stores as micro-fulfillment centers.

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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

What is the purpose of a commercial real estate letter of intent? Black’s Law Dictionary – A letter of intent is customarily employed to reduce to writing a preliminary understanding of parties who intend to enter into a contract, or who intend to take some other action such as merger of companies. An agreement to agree to something in the future. First Nat.

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How Residents Can Prevent Home Fires in DC

Nest DC

Winter is here. This weather gives us the urge to slow-cook a roast or maybe simmer up a soup. You will want to pull out your cozy blankets, light some candles, and stoke up a fire. The cold is beaconing us to lean into this new season. As enjoyable as this time of the year can be, we’ll be the first ones to remind you how to stay safe and prevent home fires as you hunker down in the District.

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How Tenants Can Prevent Water Damage

Florida Property Management

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. Whether you're living in an apartment, house, or condominium, taking steps to avoid water damage not only protects your personal belongings but also ensures a positive relationship with your landlord. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

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The Fed Will Cut Rates Six Times in 2024 Says Top Firm—What Will This Mean For Housing?

BiggerPockets

A top firm spoke out last week, saying that all indicators pointed towards the Fed lowering rates at least six times in 2024. Is this possible?

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Day 11 | Consumers’ purchasing habits this festive season

MRI Software

The pinnacle of the retail calendar is likely to have been weaker in performance compared to previous years, due to ongoing economic and geopolitical challenges. Day 11 reveals how many consumers planned to purchase gifts in this year’s Black Friday sales and what types of gifts will be purchased throughout the festive period. The post Day 11 | Consumers’ purchasing habits this festive season appeared first on MRI Software.

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U.S. Industrial Market to Evolve, Return to Equilibrium in 2024

Colliers

Following more than two years of unparalleled demand in industrial markets throughout the U.S. that pushed vacancy rates to new lows and developers to build more product than ever, market indicators have started to shift.

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Effortless Appetizer Inspirations for Stress-Free Holiday Feasting

Real Property Management California Coast

The holidays are a time to celebrate with loved ones and friends and, naturally, to eat a lot of good food! The question is, what about the appetizers, even though we may have already planned our main course? However, you need not worry; we have you covered. For your holiday meal or party, this blog post will provide you with simple and delicious appetizer recipes.

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Authority Property Management Monthly Newsletter - December 2023

Authority Property Management

December Newsletter 2023 - Christmas is Here! Hello Wonderful Property Owners, As December wraps us in its festive embrace, bringing Christmas cheer and the warmth of family and friends, we at Authority Property Management are equally thrilled to share this joyous time with you. In this newsletter, we'll touch on recent market trends, celebrate the season, and share some important team updates.

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Effortless Appetizer Inspirations for Stress-Free Holiday Feasting

Real Property Management DC Metro

In addition to enjoying good food, the holidays are a time to treasure spent with loved ones and friends! Even though our main course may already be planned, there’s still the issue of what to serve for appetizers. Just relax, we’ve got you covered. For a holiday meal or party, this blog post will provide simple and delectable appetizer recipes.

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Fannie Mae Expects Home Prices to Crash? Here’s What the Latest Forecast Says

BiggerPockets

While many forecasts point to a stronger 2024, Fannie Mae is much more bearish. Here's what their latest report said.

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Day 9 | The impact of cost of living expenses on consumer spending power

MRI Software

The rise in cost of living expenses has had a significant impact on consumer spending power this year. Today’s results reflect this as well as a slowdown in consumer spending which has contributed to a weakening in pedestrian traffic. The post Day 9 | The impact of cost of living expenses on consumer spending power appeared first on MRI Software.

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Quick Hits | 10 Trends Driving CRE in 2024

Colliers

As we close out 2023 and look ahead to next year, Colliers’ national research team has compiled 10 trends and predictions spanning the economy and asset classes. Quick Hits will return in 2024.  Labor Market to Soften: After bottoming at 3.

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Essential Winter Maintenance Tasks Every Rental Property Owner Should Prioritize

Real Property Management Enterprises

Winter requires additional maintenance, which is something you as a rental property owner should keep in mind. Even while some people only think about seasonal tasks like storing outdoor furniture or shutting off the irrigation system, there are extra critical things that need to be done to ensure that your rental property remains in good condition during winter.

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Buyer’s Market vs. Seller’s Market: What It Means and How It Should Influence Your Strategy

Real Property Management California Coast

“Buyer’s market” and ”Sellers’ market” are two terms used by real estate agents, property investors, and professionals in the property investment space. Blanket Homes says that as a homeowner whose goal is to sell your home at a price far above what you originally paid; you want to understand the meaning of these two terms. Understanding and benefiting from a buyer’s market A buyer’s market occurs when more people are offering their homes for sale than people are willing to buy them.

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Unlocking Redding's Real Estate Investment Potential

Authority Property Management

Discovering the investment goldmine in Northern California Located in the heart of Northern California, Redding stands as the beacon of opportunity for real estate investors. With its absolutely stunning natural beauty, growing economy, and vibrant community, Redding is more than just a scenic locale—it is a strategic investment choice for savvy investors.

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Seeing Greene: Subto “Speculation,” Airbnb Automation, & New Build Financing

BiggerPockets

Is “subject to” real estate investing a mistake? Why is cash flow SO hard to find? And what do you do when you overpay for a property?

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Day 10 | How consumer spending has changed for non-essential items

MRI Software

Over 40% of consumers’ have reduced the number of items purchased in recent months, which is a further indicator of consumers feeling the pinch of the cost of living crisis this year. Check out our latest insights to find out more about how consumers are shopping for non-essential items. The post Day 10 | How consumer spending has changed for non-essential items appeared first on MRI Software.

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The Most Successful, Trusted Brands Seamlessly Intersect the Online and Offline Experience

Colliers

Trust is a critical element in consumer relationships with brands. In our recent Winter 2023 Retail Report: The Future of Retail in 2024 through Store Expansion and Investment Dynamics, we discovered that one-third of consumers distrust retailers who only operate on one channel, whether online or offline.

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Commercial Tenant Risk Mitigation, Insurance, Tracking, and Best Practices

Esquire Property Management Group

Managing tenant insurance is a crucial element in overseeing commercial real estate (CRE) from a landlord and commercial property management perspective. All landlords and commercial property managers should require tenants to have various forms of insurance depending on the type of business operations occupying the relevant space. Tenant insurance comes in several forms.