June, 2024

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Creating a Cozy Reading Nook in Your Chicago Rental

Real Property Management Chicago

For those who love books, a cozy reading nook is unparalleled. Even as a renter, you can still create the space you desire. Renters in Chicago can use numerous simple and temporary methods to turn a space into a cozy reading nook. Using the right items and your creativity, you can create a reading nook that offers complete relaxation. Bring comfortable items into the space Begin your perfect reading nook with items that bring you comfort.

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Beyond AIDA: Combating Negative Reviews – Part 3

Fourandhalf

In the first two installments of this series, we explored the secrets behind crafting a stellar online reputation for your property management company. We delved into the importance of fostering detailed, recent, and genuine reviews, and the power of responding thoughtfully to all feedback, both positive and negative. But let’s face it – property management isn’t always sunshine and rainbows.

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7 Expert Tips to Prepare for a Property Management Software Transition

Appfolio

Learn how to smoothly transition to new property management software with planning, effective communication, and phased implementation. Discover the role of consultants in ensuring a seamless switch and enhancing operational efficiency.

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What to Do If the Security Deposit Doesn’t Cover Tenant Damage

Genuine Property Management

When a tenant vacates a rental property, the security deposit is intended to cover any damages beyond normal wear and tear. However, sometimes the security deposit doesn’t cover all the costs. This situation can be stressful for landlords, but there are several steps you can take to recover the remaining costs. Options for Recovering Damage […] The post What to Do If the Security Deposit Doesn’t Cover Tenant Damage appeared first on Welcome to Genuine Property Management.

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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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Summer Maintenance For Landlords: Getting Rental Homes Summer Ready

Rental Choice

A landlord’s primary responsibility is to ensure their rental property remains safe, comfortable, and appealing to tenants. For this reason, it’s essential to conduct proper maintenance whenever the seasons change. What parts of the property should you maintain when the weather gets warmer? Here are the most important parts of summer maintenance for landlords.

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How to Collect Rent from Tenants: The Landlord’s Ultimate Guide to Rent Collection

BiggerPockets

Learning the art of rent collection is crucial for running a successful rental business. Implementing efficient, effective rent collection strategies can minimize stress, improve cash flow, and help maintain a positive relationship with your tenants.

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10 Common Property Manager Responsibilities

Mashvisor

Have you thought about becoming a property manager, but want to know what the property manager role actually entails? What are the responsibilities of a property manager?

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AI-Empowered: Getting Ahead of the Next Technological Revolution with Futurist Zack Kass

Appfolio

Join Zack Kass, Futurist and Former Head of Go To Market for OpenAI, on The Top Floor podcast as he demystifies AI strategy, offers actionable approaches for creating an AI-empowered organization, and reveals how to leverage AI to future-proof your real estate management business.

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9 Great Benefits of Living in Orange County, CA

Genuine Property Management

Orange County, CA is a fantastic place to call home with its unique blend of attractions, lifestyle, and amenities. Whether you’re moving to Orange County for work, family, or just a fresh start, you’ll discover a world of benefits that cater to every interest and need. From sunny beaches to diverse culinary delights, there’s always […] The post 9 Great Benefits of Living in Orange County, CA appeared first on Welcome to Genuine Property Management.

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BabyQuip: Baby Equipment Rental For Travel

Our Little Lifestyle: Airbnb

When traveling with kids, especially babies, it’s often easier to rent items than to haul them with you. This is especially true when you are flying to your destination. In the past, options were limited, but today, companies like BabyQuip make baby equipment rental for travel easy and affordable! We have personally used BabyQuip and watched my sister use them while traveling on many occasions.

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BiggerNews: Rent Price Updates and Why Landlords Are Optimistic About 2024

BiggerPockets

The rental market could finally be returning to stability after a wild past four years.

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How to Secure Your Security Deposit Return: 5 Must-Know Steps

Real Property Management California Coast

Like most tenants, you likely aim to reclaim your security deposit after vacating. Did you know that taking good care of the property is essential for ensuring the return of your security deposit? Repairs needed for the property are a major reason why landlords and property managers withhold security deposits. It’s wise to reduce the possible repairs required after moving out.

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10 Florida Landlord Tenant Laws You Should Know

Mashvisor

Florida landlord-tenant laws are put in place to protect the rights of both tenants and landlords in the state. Read on if you’re investing in FL.

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Maximizing Maintenance: How to Boost Productivity and Renter Satisfaction (Webinar Recap)

Appfolio

Learn how today’s property management technology — and tomorrow’s AI tools — can maximize property management maintenance performance, boost productivity, and increase renter satisfaction.

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How to Protect Your Real Estate Assets From Liability

Genuine Property Management

The main reason to use a limited liability company (LLC) is to insulate your personal assets from liabilities that may arise at the property. This means that your risk is limited to the LLC, so if anything occurs on the property, such as a slip and fall, your personal assets remain protected. Advantages Asset Protection […] The post How to Protect Your Real Estate Assets From Liability appeared first on Welcome to Genuine Property Management.

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BabyQuip: Baby Equipment Rental For Travel

Our Little Lifestyle: Airbnb

When traveling with kids, especially babies, it’s often easier to rent items than to haul them with you. This is especially true when you are flying to your destination. In the past, options were limited, but today, companies like BabyQuip make baby equipment rental for travel easy and affordable! We have personally used BabyQuip and watched my sister use them while traveling on many occasions.

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Airbnb Is Pairing Up With Mom-and-Pop Investors to Win Its War—but Is It Too Late?

BiggerPockets

When New York City banned short-term rentals (under 30 days) under Local Law 18 in September 2023, 15,000 landlords suddenly found themselves without income, many struggling to pay their mortgages.

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Demystifying Property Management Fees in Redding, CA: What Every Property Owner Needs to Know

Authority Property Management

Understanding Average Property Management Fees in Redding, CA: Why They Matter When it comes to managing rental properties, understanding the costs involved is crucial for property owners. One of the most significant expenses you'll encounter is the property management fee. This blog post will dive into the average property management fees in Redding, CA, and explain why these fees are relevant to you as a property owner.

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How to Secure Your Security Deposit Return: 5 Must-Know Steps

Real Property Management DC Metro

Most renters, including you, want to recover their security deposit after leaving. Yet, were you aware that proper property upkeep is crucial for ensuring your deposit’s return? The need for property repairs is a leading cause of withheld security deposits by landlords and property managers. It’s sensible to lessen the number of repairs that might be needed after your departure.

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The State of AI in Property Management Report: Explore the Paradigm Shift in Property Management

Appfolio

Check out our State of AI In Property Management Report for an in-depth look at how the latest AI technologies are being applied today, how the technology will transform the future of property management, how to effectively implement AI for the best outcomes, and much more.

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Why Landlords Should Require Renters Insurance

Genuine Property Management

More landlords are requiring that renters obtain and pay for a renters’ insurance policy. The benefits outweigh the nominal cost that is less than $200 annually. Here’s how it works… What Renters Insurance Covers Personal items: If TVs, computers, clothing, etc. are damaged due to fire, theft, vandalism, or water renters’ insurance will likely reimburse […] The post Why Landlords Should Require Renters Insurance appeared first on Welcome to Genuine Property Management.

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Quick Hits | May MSCI Sales Update

Colliers

Office Office sales volume pulled back in May, with $2.3 billion transacting and the fewest individual asset trades this year. Volume is off 42% from last May, continuing the broad volatility of monthly activity in 2024. The three largest deals of the month took place in the Bay Area.

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Zero-Down Mortgages Are Making a Comeback—Is This the Beginning of Another Housing Crash?

BiggerPockets

With housing prices and mortgage rates rising, it’s becoming harder for the average person to own a home, let alone invest in a second property.

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What Is the Impact of Second Homes on Rural Communities?

Schofields Insurance

Reading Time: 5 minutes In recent years the demand for holiday lets in tourist hotspots has exceeded supply. This, in turn, prompted a surge in second home sales as buyers sought to cash in on the trend for staycations. Whilst holiday lets support the local tourism economy, others argue that second home investors are destroying communities as locals can’t afford soaring house prices and villages are like ghost towns out of season.

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The Advantages of Investing in Real Estate: A Comprehensive Guide

Florida Property Management

Investing in real estate has long been heralded as one of the most reliable and lucrative avenues for wealth accumulation and financial security. While there are myriad investment options available today, real estate stands out due to its unique advantages, potential for appreciation, and ability to generate steady income. This blog delves into the many benefits of real estate investment, with a particular emphasis on residential real estate and, more specifically, single-family rentals (SFRs).

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The Essential Guide to Calculating Net Operating Income

Real Property Management Enterprises

For a Oklahoma City rental property owner, a deep understanding of your net operating income (NOI) is crucial and empowering. This important metric, relied on by property owners, banks, and lenders, allows you to measure your property’s performance. We’ll teach you the steps to determine your NOI and the factors that can influence this figure.

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Choosing Between Long-Term and Short-Term Rentals in Colorado Springs: A Guide for Real Estate Investors

Renjoy

Investing in real estate in Colorado Springs, CO, is an attractive proposition due to its growing population, vibrant economy, and stunning natural beauty. However, one crucial decision you need to make as an investor is whether to opt for long-term rentals or short-term rentals. Both strategies have their own set of advantages and disadvantages. Here’s a detailed comparison to help you make an informed decision.

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What is office space management?

MRI Software

Businesses are always looking for ways to run more efficiently and increase output, and that extends to the office space they rent too. Businesses want to use data, not guesswork, to optimize space. A key strategy available to businesses is managing the physical office space to ensure it’s being used as efficiently and effectively as possible. Organizing hot desking, booking private rooms and managing calendars is the sort of admin which many people have to deal with and it’s often seen as a was

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Corruption Scandal Shows How Some Housing Nonprofits Misused Tax Dollars to Obstruct Affordable Development

BiggerPockets

HomeRise, a nonprofit housing developer that has received more than $200 million in grants and loans from the city of San Francisco, declares on its website

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Security Deposits 101: Tips and Information for Landlords

Real Property Management DC Metro

Managing a rental property involves various aspects, and the security deposit, often considered minor, is actually crucial. Being a property owner in Georgetown means you must be aware of the rules regarding tenant security deposits. Security deposits, unlike rental payments, do not count as part of your investment income. Specific regulations must be followed for accepting, depositing, and returning security deposits.

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My Airbnb Social Media Strategy: Using Instagram For Your Airbnb

Our Little Lifestyle: Airbnb

Social media, specifically Instagram, has been a great supplement to my Airbnb listings for several reasons, and if you aren’t using it, you’re missing out! So, I want to talk about my Airbnb social media strategy and share some tips and first-hand advice about using social media for your short-term rental property. If you’re new here, welcome!

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The Rise of Vertical Data Centers

Colliers

Download the article here or read below. Empty office buildings inspire the imagination. They are highly effective at what they do: providing clean, reliable, comfortable places for people to run businesses, provide counsel, and share ideas.

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Lack of Specialized Knowledge: Why Property Management Requires Dedicated Expertise

Authority Property Management

Discuss the specific skills and knowledge needed for effective property management that sales agents might lack, leading to potential risks and inefficiencies. In the world of real estate, the roles of sales agents and property managers are often seen as interchangeable. However, managing properties requires a unique set of skills and knowledge that sales agents may not possess.

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AI for real estate marketing: Insights and strategies

MRI Software

AI and real estate marketing are revolutionizing the industry, offering new insights and strategies for professionals. At MRI Software, we love to explore how AI is transforming marketing efforts in real estate. From predictive analytics to personalized campaigns, AI integrates easily with real estate software to enhance efficiency and effectiveness.

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The Government Has Taken a Permanent Intellectual Vacation

BiggerPockets

A new federal policy would remove medical debt from credit reports. As a result, housing prices and inflation may go up even more.

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Enhancing Your Portfolio: Treating Your Rental Home as a Valuable Asset in Gardena

Real Property Management Choice

There are many ways to enhance your real estate portfolio. You can continue acquiring more properties, growing the size and the strength of what you own. You can also diversify your portfolio, moving into new property types or even new regions. You can shake up how you fund your purchases. This can enhance what you own and what you’re able to do to continue growing.