November, 2022

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Streamline Accounting Operations for Improved Efficiency

Appfolio

While the rental housing industry has undergone a number of seismic shifts over the last few years, our 2022 Property.

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How Much Should You Fine Renters for Lease Violations

Real Property Management Chicago

As an Orland Park rental property owner, putting clear-cut expectations for your renter is crucial. Part of doing so is guaranteeing certain consequences for violating specific terms in your lease. One way to encourage renters to maintain their lease agreement is to issue fines for violations. But are such fines or penalties legal? And how much should the fines be?

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Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap. It can get expensive and tiresome to wait for problems to arise and solve them proactively.

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4 Alternative Assets That You Can Purchase With A 1031 Exchange

BiggerPockets

When investing in real estate through a 1031 exchange, many investors start with single-family, multifamily, or commercial properties. Each of these property types is a tried-and-true investment option with the […].

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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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Inflation Jumped 7.7% in October 2022—How Is It Affecting Real Estate?

Mashvisor

Inflation went up slightly month-over-month in October 2022. It means inflation may be slowing down, but how does it affect investors?

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You've Decided To Rent Out Your Redding, CA Property

Authority Property Management

What Do You Do First? You've Decided To Rent Out Your Redding, CA Property, What Do You Do First? In today's economic landscape, the real estate market is being turned on its head. As a result, you may be an investor who has bought what will be your first rental property, or perhaps even a homeowner who took advantage of low-interest rates to upgrade your home in hopes of selling it, but now find yourself becoming an accidental landlord and instead renting out your property.

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A Renter’s Guide to Online Reviews

Real Property Management Chicago

When searching for a new Palatine rental home, you’ll likely find several online reviews of apartments and single-family rental property management companies. Although these reviews can help give you an idea of what to expect from a property, it’s quite important to know how to evaluate them correctly. Not all reviews are created equal; now and then, they can be misleading or utterly incorrect.

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

Many investment ventures have a common goal to get more money out than what was put in. Real estate investing is no exception, but its also an opportunity to expand your portfolio or create an additional income stream. The first step towards creating income through real estate is to invest in rental properties that generate a positive cash flow properties where more revenue is coming in than going out every month.

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30-Day Stay: A Medium-Term Strategy For Long-Term Financial Freedom

BiggerPockets

If you are looking for a tactical investing roadmap on what medium-term rentals are and how to get started right away, 30-Day Stay: The Real Estate Investor’s Guide to Mastering […].

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Single Family Housing Starts, Existing Home Sales Drop Year-on-Year

Mashvisor

Single-family housing starts fell more than expected in Q3 2022, forcing developers to brace themselves for more declines in the next few weeks.

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How to Remove Cigarette Odor from a Rental House

Real Property Management DC Metro

One of the more complex clean-up jobs is getting rid of the smell of cigarette smoke in a Southwest Waterfront rental home. Whether you allow your tenants to smoke, didn’t think of including your smoking policy in the lease, or if you did and had a strict no-smoking policy, you may indeed still be left to deal with the smelly assignment of cleaning up the foul odors left behind.

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How to start an Airbnb in Colorado

BNB Property Management

Airbnb has gained popularity as a side hustle and many are starting to wonder how to get in on the action… In this blog post I’m going to walk you through some of the steps to help you start an Airbnb in Colorado… this post is for informational purposes only and not intended to be financial advice… We manage over 200 vacation rentals so we know a thing or two about starting an Airbnb in Colorado… Airbnb business plan The first step to start an Airbnb is to begin wit

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Five Inexpensive House Upgrades to Boost Your Ranchos Palos Verdes Property’s Appeal

Real Property Management California Coast

Upgrading a rental house does not need to be high-priced or stressful. There are a lot of very affordable or free resources to take a so-so rental property and boost its appeal to prospective tenants. By adding quite a few little touches, swapping out a bunch of hardware or fixtures, and doing a little very inexpensive resurfacing, you can make your single-family rental property one that quality tenants will be looking forward to renting.

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The Ultimate Bedroom Checklist For Vacation Rentals

Haustay

How to ensure your vacation rental bedroom is a space that’s cozy, welcoming, and worthy of five stars Casa Pacifica in Oceanside To acquire those 5-star reviews it is vital to ensure your property’s bedroom is a luxe retreat. The bedroom is more than just a place for your guests to relax and get a good night’s sleep, but the responsibility as a host to guarantee that your guests feel comfortable and at home.

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NAR Economist Thinks Housing Prices Could Rise In 2023—Is That Possible?

BiggerPockets

Most economists agree: Housing prices are expected to fall, nearing a bottom sometime between 2024 and 2025 before rebounding. That’s the opinion of analysts at Goldman Sachs, Wells Fargo, Moody’s Analytics, Capital Economics, The National […].

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How to Find Rental Rates by Zip Code

Mashvisor

As a real estate investor, do you wonder about looking for rental rates by zip code? Read on to learn how to find rent rates by zip code.

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Five Inexpensive House Upgrades to Boost Your Columbia Heights Property’s Appeal

Real Property Management DC Metro

Upgrading a rental house does not need to be expensive or a real pain. There are quite a lot of cut-price or free means to take a so-so rental property and boost its appeal to prospective tenants. By adding some light and simple touches, swapping out some hardware or fixtures, and doing a little affordable resurfacing, you can make your single-family rental property one that quality tenants will be delighted to rent.

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Airbnb Reviews Guest Checkout Instructions: How Hosts Can Ensure a Smooth Checkout for Guests

Airbnb Tips

Asking guests to do unreasonable checkout requests leaves a terrible aftertaste. Here's what Hosts should and should not include in their checkout instructions. The post Airbnb Reviews Guest Checkout Instructions: How Hosts Can Ensure a Smooth Checkout for Guests appeared first on Airbnb Tips for Hosts.

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Best Practices for Tenant Screening

Nest DC

As you learned in the last installment of our Fair Housing blog series , fair housing applies to every action or inaction taken on the basis of protected classes; and that starts as soon as a prospective tenant engages with you, your rental listing, or your property manager. Much of what you need to know about fair housing is highlighted during the rental screening process, which is where we turn our focus today.

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The Fire Dangers In Rental Properties During The Holidays

Authority Property Management

Keep these things in mind this Holiday Season to avoid a fire. When the holiday season arrives, we know everyone is busy shopping for gifts, anticipating the arrival of family members, decorating their homes, and cooking plenty of good meals. Unfortunately, we also know the holiday season for many people gets ruined due to their home catching fire. Whether it's a house or apartment, thousands of fires occur each year in the U.S. during the holidays.

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These Housing Markets Will Be The Most Resilient During The Correction

BiggerPockets

With mortgage rates topping 7% and home prices remaining elevated, Americans are less confident than they’ve ever been about their home-buying prospects. According to Fannie Mae, only 16% of consumers believe […].

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Homebuilders Expecting Downturn in the Real Estate Market in 2023

Mashvisor

If you’re not yet aware of recent market news, home prices are cooling down. As a result, homebuilders expect a similar market slowdown in 2023.

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Why should you choose RPM Choice over others like Home choice property management?

Real Property Management Choice

Working with a property management company gives investors access to the single most valuable perk: time. Investors can free up time to handle other obligations by hiring Real Property Management Choice over Home Choice Property Management. This will relieve them of the burden of managing the property themselves. Most investors will find more rental properties to add to their portfolios due to the extra time.

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2023 Mortgage Rate Outlook: You Won’t Believe What Could Happen

BiggerPockets

Throughout 2022, mortgage rates have more than doubled, sending affordability and demand in the housing market down sharply. With lower demand, lower prices often follow, which is why we’re in […].

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Sounding The Alarm: Two Lines Just Crossed. Here’s Why Investors Need To Be Really Careful.

BiggerPockets

You’ve heard about the blue pill and the red pill. But have you heard about the blue line and the green line? You should. Because they recently crossed. Which could […].

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Do You Know Where Your Money Is Coming From? Navigating Today’s Lending Market

BiggerPockets

There is no doubt that the real estate market has been a wild ride since the pandemic changed the normal course of our lives over two years ago. Lending did […].

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Calm Down, Short-Term Rentals Are Doing Fine

BiggerPockets

“Far more money has been lost by investors trying to anticipate corrections than lost in the corrections themselves.” – Peter Lynch I’ll be honest. I went back and forth about writing […].

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The Ticking Time Bomb In Real Estate Is Not Prices—It’s This

BiggerPockets

Are nightmares about the economy still keeping you awake at night? Well, the news lately has been fairly mixed. There are reports that prices won’t fall as much and might […].

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These Are The Best Assets To Invest In During A Recession

BiggerPockets

A recession is a normal (some might argue), inevitable part of the economic cycle. Many factors influence the dynamics of one, such as decreased consumer spending, a rise in unemployment rates, lower […].

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You Won’t Believe It. Inflation Finally Peaked—Here’s The Proof

BiggerPockets

Earlier in November, new Consumer Price Index (CPI) data was released, revealing that inflation had dropped on a year-over-year basis from 8.2% in September to 7.7% in October. This is welcomed news. […].

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Double Your Cash Flow Overnight (In ANY Market) with Medium-Term Rentals

BiggerPockets

Medium-term rentals are not new to real estate investing, but most investors have hardly heard of them. For years, corporate travelers would rent a room, apartment, or small property for […].

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Seeing Greene: Using the “Capital Carrot” to Find Money for Your Next Deal

BiggerPockets

Knowing how to buy a rental property is one thing, but coming up with the money is another. This is the constant struggle real estate investors find themselves in. When […].

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Semi-Retired at 30 Thanks to One Year’s Worth of Real Estate Investing

BiggerPockets

If early retirement seems out of reach right now, try semi-retirement. Once you get there, you’ll only be halfway to early retirement, just like today’s guest, Jessie Dillion. At only […].

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Rents Start to Reverse: Could Cash Flow Get Cut Off?

BiggerPockets

Landlords got used to rent prices growing every month. As home prices rose and affordability shrank, more landlords took steps to secure their cash flow by increasing rents by sometimes […].

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How to Reach Financial Freedom in 2023 with Small Multifamily Properties

BiggerPockets

Small multifamily investing is one of the easiest, fastest ways to find financial freedom. We’re not talking about any “get rich quick” promises or risky businesses—thousands of real estate investors […].

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Seeing Greene: How to Turn Equity into Cash Flow and Getting Around 20% Down

BiggerPockets

You’ve got home equity, but maybe not cash flow. If you want to realize financial freedom, you’ll need consistent, passive monthly income. But with cash flow harder to find than […].