Sat.Nov 16, 2024 - Fri.Nov 22, 2024

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5 Essential Planning Tasks for Landlords

Rentec Direct

If you are a real estate investor who is choosing to self-manage your rental properties, there are specific planning and research tasks you should consider. This overview of essential planning tasks for landlords will help you ensure a successful rental business. Key Ideas: Taking the first steps to manage your rental property as a DIY […] The post 5 Essential Planning Tasks for Landlords appeared first on Rentec Direct Blog.

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The Importance of an Accurate Rental Application

American Apartment Owners Association

The importance of a thorough and accurate rental application cannot be overstated. As a careful landlord, you want to know as much as possible about anyone seeking to rent your property in order to avoid renting to the wrong person. In the long run, accepting a deceitful tenant can cause you a great deal of grief and money. A comprehensive rental application can protect you from undesirable tenants and future problems, such as evictions and damage to your investment property.

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New 2025 condo and HOA laws for U.S. states

Condo Control

Change is easier when your community is prepared for it. New legislation impacting condo and HOA communities has been passed in several U.S. states, affecting everything from electronic voting to accessible parking. Check out the new laws that have come into effect in 2025. California Florida Illinois You can also check out laws that came into effect in 2024 and previous years for each state.

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Navigating the Storm: Effective Crisis Management for Rental Properties

Real Property Management Evertrust

Unexpected crises – an inevitable tragedy, protracted power outage, or emergency maintenances – can create major disruptions for rental properties. For property owners, these incidents can bring about property damage, renter displacement, and costly repairs. For renters, a disaster could initiate the devastating loss of their houses, belongings, and so on.

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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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Hosting Thanksgiving in a Small Space: Tips for Apartment Dwellers and Renters

Rentec Direct

If you’re a renter living in an apartment, you may need some extra tips on your side to ensure hosting Thanksgiving goes without a hitch. These tips for hosting Thanksgiving in a small space can help you tackle your to-dos without feeling overwhelmed. Key Ideas: Small space living requires some compromises, but a seasoned small-spacer […] The post Hosting Thanksgiving in a Small Space: Tips for Apartment Dwellers and Renters appeared first on Rentec Direct Blog.

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Beyond the Basics: What Really Drives Property Owner Satisfaction

Appfolio

From communication preferences to key performance indicators and far beyond, uncover the secrets to property owner satisfaction in our Real Estate Owner Preferences Report. Gain insights into what owners really want, how to deliver exceptional service, and elevate your property management business.

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Seasonal Window Placement: How To Adapt To Sunlight And Weather Changes

American Apartment Owners Association

Where you put windows in a home is not just a decision in architecture; its how to make a home get the most energy-efficient, comfortable, and improve living quality. As sun patterns and weather changes occur, so too must window placement and treatment. In this guide, we explore how you can optimize window use through the year, with data and practical strategies.

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Feature Enhancement|Text and Email Property Owners Through Work Orders

Rentec Direct

Communicating with owners directly through work orders, via the integrated text and emailing options, within Rentec Direct’s software will foster strong communication and strengthen the bond between property managers and owners, assuring owners their investment is in good hands. At Rentec Direct, we recognize the challenges of maintaining clear communication while managing various responsibilities.

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What is an SFR in Real Estate? Advice From Experts

Bay Property Management Group

There are terms thrown about all the time when it comes to real estate investing. And oftentimes they are just letters, i.e. acronyms. ABR… CRE… FHA. One such acronym is SFR. What is SFR in real estate? It stands for single-family rentals. But what does that mean, and why do real estate professionals use it? It certainly wouldn’t hurt to know before you go further in your investment journey.

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10 Key Lease Negotiation Tactics for Managing Commercial Properties

Beach Front Property Management

Finding the perfect commercial property for your business is an exciting milestone, but lease negotiations can sometimes feel overwhelming. Negotiating commercial property leases requires careful market research and attention to key terms like rent, lease duration, and maintenance responsibilities. It is important to ask for clarification on unclear terms, ensure flexibility for future business needs, and consider seeking legal advice to safeguard your interests and avoid potential issues later.

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Climate Risk Data Is Playing an Important Role in Investors’ Decision Making

American Apartment Owners Association

The U.S. once again finds itself grappling with the aftermath of a devastating hurricane, one of the many pummeling weather events that have caused death and destruction across several states in recent years. Climate change is exacerbating the size and scope of storms and floods, and more than ever, property owners and investors want more information about potential climate risks.

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GST Rules for Housing Societies in India

ADDA

Goods and Services Tax (GST) is a comprehensive tax system introduced in India to streamline indirect taxation. While it impacts various sectors, its applicability to housing societies often raises questions. Housing societies, acting as non-profit entities, are still liable to pay GST under specific conditions. Understanding GST compliance is vital for avoiding penalties and ensuring smooth operations.

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All About Multifamily Investing – The Ultimate Guide

Bay Property Management Group

Multifamily investing is a popular real estate investment option for many. In fact, multifamily units account for around a quarter of the U.S. footprint with more than $5 trillion dollars in asset value. There is a lot of multifamily investing going on and many people are taking advantage. If you are considering such an investment, particularly in Virginia, there is a lot to learn about and research.

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BOI Reporting: Corporate Transparency Act Update (Late 2024)

Yardi Breeze

Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCENs BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). The Corporate Transparency Act (CTA) is changing the way businesses handle beneficial ownership reporting.

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Why Multifamily Revenue Management is More Than Just Pricing

American Apartment Owners Association

Multifamily revenue management is more than setting rent prices; it’s aligning your apartment community’s whole operation—leasing, marketing, management, and pricing—toward achieving your desired financial outcome. Yet pricing is still the first lever some pull when trying to improve their community’s revenue, which is a backward approach.

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Waste Management Best Practices for Housing Societies

ADDA

Effective waste management in housing societies is essential to ensure a clean, sustainable, and healthy environment for all residents. Managing waste effectively reduces pollution, minimizes health risks, and promotes responsible living. In this blog, well explore some of the best practices for managing waste in your housing society, as well as provide a useful Waste Management Implementation Plan for easy adoption.

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Renting to College Students – Lease Agreement Terms & Tips

Bay Property Management Group

There is a big demographic that many people come across when renting housing: college students. In some areas, that demo can be quite large. It is a sizable number of people who generally don’t have the funds to purchase housing, and probably wouldn’t since they may not live in that area for more than a few years. As a landlord or owner, what are the considerations when renting to college students, lease agreement addendums and terms to consider, and general ramifications of renting

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BOI Reporting: Corporate Transparency Act Update (Late 2024)

Yardi Breeze

TL;DR : Protect yourself from costly penalties by ensuring compliance with the Corporate Transparency Act and FinCEN’s BOI reporting requirements. For businesses formed before January 1, 2024, compliance will ensure you avoid fines of $591 per violation per day (subject to inflation). The Corporate Transparency Act (CTA) is changing the way businesses handle beneficial ownership reporting.

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Empty Nesters: Branding for Resident Personas

American Apartment Owners Association

The most common resident persona in multifamily is the career-focused, non-homeowning young professionals. But don’t forget about those who just launched those young professionals into the world: empty nesters. This group of renters are the second most targeted group for apartment living. Knowing the purchase habits, preferences and ideals of a specific demographic can help you understand and cater to empty nesters for your apartment community as you tailor branding and marketing.

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How to Grow a Property Management Company: Proven Strategies for Success

BetterWho

Growing a property management company is a rewarding yet complex journey. It requires balancing tenant relations, property maintenance, client satisfaction, and team management. All while staying ahead of the competition. To scale successfully, property managers must adopt strategic approaches that optimize operations, attract new clients, and build a reliable team.

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Should board members be paid for their work?

Condo Control

If you’ve ever served on a board for a condo or HOA community, you can easily appreciate how much work is involved. Board members are elected volunteers, meaning they do not get compensated for any of their work. If they did get paid, the Foundation for Community Association Research estimates that their hourly wage would amount to roughly $31.80. Table of contents Reasons why board members are not paid Potential benefits of paying board members Board members can be reimbursed Small rewards m

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How Can You Break Your Lease Without Penalty?

Bay Property Management Group

There are all kinds of reasons why someone would need to break their lease. Life gets in the way, right? It is a super big problem when the scenario arises. If you find yourself in that situation, one of the first questions you might ask yourself is: what are my options? How can you break your lease without penalty? Good question! As the premiere property managers in Philadelphia , we get this question often.

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Streamlining operational efficiency: How Yessica Hannon uses Updater to elevate team productivity

Updater

Running a large residential property like One Theater Square requires a high degree of organization, especially when managing a team and ensuring seamless operations. Yessica Hannon, Property Manager at One Theatre Square, a Bozzuto community, explains how the ability to maintain consistent operational efficiency is key to delivering high-quality service to residents.

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What Are Capital Improvements? A Landlord’s Guide

Genuine Property Management

Landlords need to understand capital improvements when managing rental properties. These upgrades go beyond routine maintenance, offering long-term benefits for landlords and renters. In this guide, we’ll explore capital improvements in detail to help you see how they can enhance your rental properties. What Are Capital Improvements? Capital improvements refer to significant upgrades or renovations […] The post What Are Capital Improvements?

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California’s New Lock-Change Law: What Landlords in Redding, Anderson, and Shasta Lake Need to Know

Authority Property Management

Understanding SB 1051: A Guide for Landlords on Supporting Tenant Safety and Compliance. What California Landlords Should Know About the New Lock-Change Law for Victims of Abuse Alright, California landlords, buckle up! January 1, 2025, is right around the corner, and with it comes Senate Bill 1051, a new law that means more responsibility for you when it comes to protecting tenants who’ve been victims of abuse or violence.

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What’s the Difference Between an HOA vs. COA vs. POA?

Bay Property Management Group

Everyday someone is moving into a community that has an organization overseeing various aspects of the neighborhood. And they come with letters. Sometimes it is an HOA. Other times it is a POA or COA. So what are all of these? What is the difference between an HOA vs. POA vs. COA… and how does it affect where you call home? Coming into a new rental property, you probably have a lot of questions.

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Best Cities for Real Estate Investment by GRM (Price/Rent Ratio) in Q4 2024

SparkRental

The Big Picture On The Best Cities for Real Estate Investment By GRM: As of the start of Q4 2024, the national average GRM in the U.S. stands at 13.78, though this figure varies significantly across different regions, highlighting the importance of local market analysis. Cities with lower GRMs often present better investment opportunities, as they suggest higher rental income relative to property prices, enhancing potential returns.

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10 Ways to Give Thanks To Your Residents

Rent Manager

Next week, many Americans will gather around food-filled tables with family and friends to celebrate Thanksgiving. As we enter this season of appreciation, it’s fitting to let everyone in our lives know we’re thankful for them. Here are some ways you can give thanks to the residents in your life. Prepare a Welcome Basket You […] The post 10 Ways to Give Thanks To Your Residents appeared first on Rent Manager Property Management Software.

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Boosting Resident Retention: Proven Strategies That Work

Real Property Management California Coast

As a rental property owner, you already comprehend that renter retention is one of the keys to long-term success. Not only do high turnover rates increase costs, but as a matter of fact, they can indeed disrupt the stability of your investment property in other ways. Considering this, resident retention should be a top priority for landlords and rental property owners alike.

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Navigating Unreasonable Accommodation Requests

Rental Housing Journal

Unreasonable accommodation requests require special navigation of the issues by property managers who want to stay compliant with Fair Housing laws and find fair solutions. By The Fair Housing Institute The Fair Housing Act (FHA) requires property managers to provide reasonable accommodations for residents with disabilities to ensure equal access and enjoyment of their homes.

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Boosting Resident Retention: Proven Strategies That Work

Real Property Management DC Metro

As a rental property owner, you already assimilate that renter retention is one of the keys to long-term success. Not only do high turnover rates increase costs, moreover they can totally disrupt the stability of your investment property in other ways. For that reason, resident retention should be a top priority for landlords and rental property owners alike.

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Navigating the Storm: Effective Crisis Management for Rental Properties

Real Property Management Enterprises

Tragedies, prolonged power outages, or emergency repairs are some of the unexpected crises that can lead to major disruptions for rental properties. Property damage, renter displacement, and costly repairs are all possible consequences of these incidents for property owners. Renters encounter the potentially devastating loss of their houses, possessions, and more in the event of a disaster.

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How to Name Your Holiday Cottage

Schofields Insurance

Reading Time: 5 minutes Naming your holiday home is an important step in starting a holiday letting business. Your holiday cottage name should catch people’s attention and be easy to remember. This makes marketing your property and creating brand awareness much more simpler. We have created this guide full of hints and tips to help you pick the perfect holiday cottage name and grow your business.

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Rents Fell In October As Election Heralds Change

Rental Housing Journal

Multifamily and single-family rents fell in October as supply growth continues to delineate the direction of rents by metro, Yardi Matrix says In the Multifamily October Report. “At the same time, the drop in starts presages another wave of rent growth in 2026 and beyond. Meanwhile, the market has begun to anticipate changes from the new administration in 2025,” the report says.

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A Resilient Rental Market Shows Positive Signs For Next Year

BiggerPockets

The newest Zillow Rental Market Report is out, and it’s showing ‘‘a softening of the rental market beyond regular seasonality.

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Do You Have a Lost Pet Recovery Plan for Your Community?

Multifamily Insiders

The safety and well-being of our furry residents is extremely important - not only to those pet parents, but to everyone who loves and enjoys being around companion animals. However, despite our best efforts, pets can occasionally slip away, causing panic and heartache for their families. A well-thought-out Lost Pet Recovery Plan for your community.