Sat.Jul 27, 2024 - Fri.Aug 02, 2024

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How to Find a Renter Before the Current One Moves Out

Genuine Property Management

Managing tenant turnover efficiently is a critical aspect of property management that can significantly impact your rental income. When a current tenant decides to move out, the goal is to minimize the time your property sits vacant. Finding a new tenant before the current one moves out not only ensures a continuous rental income but […] The post How to Find a Renter Before the Current One Moves Out appeared first on Welcome to Genuine Property Management.

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How to Stay on Track with Unit Turnovers

Rent Manager

The end of summer brings new residents to apartments, especially for off-campus college housing; however, there are countless year-long leases coming to an end as well. Understanding your unit turnover rate is important as it allows you to determine how much time and money you will need to invest during these turnover periods. Consecutive turnovers […] The post How to Stay on Track with Unit Turnovers appeared first on Rent Manager Property Management Software.

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How SB-721 is Shaping the Future of Property Management in California: A Comprehensive Analysis

Authority Property Management

The Impact of SB-721 on California's Property Management Industry  Introduction Senate Bill 721 (SB-721) was enacted to improve building safety standards, particularly for balconies and elevated exterior elements. This blog post provides a detailed yet accessible analysis of SB-721's immediate and long-term effects on landlords and property managers in California.

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Home Insurance Rates Set to Increase Another 6% This Year. Here’s What Investors Should Know.

BiggerPockets

Home insurance rates are set to climb another 6% this year, and that's after a 20% gain over the past two years.

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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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Key Differences Between Commercial and Residential Property Management

Genuine Property Management

Managing properties involves different tasks depending on whether the property is residential or commercial. Understanding the key differences and responsibilities involved in commercial property management vs. residential property management can help property owners make decisions about how to handle their properties. What’s a Residential Property?

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Current Rental Market Conditions for Single Family Homes in South Florida

Florida Property Management

Miami Dade, Broward and Palm Beach Counties The South Florida rental market has always been a dynamic and sought-after segment, particularly for single-family homes in Palm Beach, Broward, and Miami-Dade counties. Over the past year, these markets have experienced significant changes due to various economic, social, and environmental factors. Understanding these trends is crucial for investors, landlords, and tenants alike.

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The Fed Is Planning to Cut Rates Soon. Here’s How Investors Should Prepare.

BiggerPockets

All signs seem to point to a September federal rate cut. It's likely to be the first step toward a revived housing market, but how should investors prepare?

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Top 5 Reasons Businesses are Switching to Keycafe

Keycafe

For any business with an inventory of keys and a range of employee access levels, organized and secure key management is critical. Companies across various sectors—hospitality, auto dealerships, property management, The post Top 5 Reasons Businesses are Switching to Keycafe appeared first on Keycafe Blog.

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Security Deposits 101: Tips and Information for Landlords

Real Property Management California Coast

The security deposit, though often seen as a minor part of rental property management, is actually very important. As a property owner in Manhattan Beach, you need to be familiar with the rules about tenant security deposits. Unlike rental payments, security deposits aren’t considered part of your investment income. Specific guidelines must be followed when dealing with security deposits, from acceptance to reimbursement.

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Authority Property Management Featured on the Money Whole Podcast: Insights, Expertise, and More!

Authority Property Management

Gain Unmatched Real Estate Knowledge and Financial Strategies from Industry Experts We are thrilled to announce that our Real Estate Broker was recently invited to join Chris Lamm on the Money Whole Podcast! This is a fantastic opportunity to share our insights and experiences with a broader audience, and we couldn't be more grateful to Chris for the invite and the engaging conversation.

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5 Reasons Commercial Real Estate is Actually the Easiest Asset Class For New Investors

BiggerPockets

Commercial real estate isn't as complicated as you may think. We'll explain why this asset class may be a great entry point for new investors.

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Guide on how to educate tenants about recycling. With sample letter!

MRI Software

Setting up an apartment complex recycling program is the first step; next, you need to educate your tenants. Educating tenants is crucial because it ensures everyone knows how to recycle correctly, reduces contamination of recycling bins, and promotes a sustainable community. In this guide, we cover how to educate tenants about recycling. We also include a sample letter to tenants regarding recycling so that you’re fully prepared to implement a successful recycling scheme.

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Navigating Tenant Issues and Disputes: The Role of Effective Communication for Homeowners in CA

Real Property Management Choice

Renting out a home in California means being acutely aware of the needs, desires, and rights of your tenants. You can’t earn any money on an investment property if people aren’t willing to rent your home. Your job is to identify, place, and retain highly qualified resident s who will pay rent on time, help you take care of your property, and follow the terms of your lease agreement.

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Colorado Springs Real Estate Trends You Need To Be Aware of in 2024

Muldoon Associates

Colorado Springs, CO has remained a strong and sustainable housing market throughout 2024. We’re talking today about some of the real estate trends that we’ve been tracking this year, and what they mean for buyers, sellers, investors, and renters. We’re calling this a seller’s market in 2024 , and that’s because the demand outweighs the supply, offering sellers a favorable environment for negotiating the best deals on the sale of their properties.

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Senator Warren’s New Bill Includes Estate Tax Hikes, Private Equity Crackdowns, and Incentives

BiggerPockets

The American Housing and Mobility Act would use estate tax increases to incentivize development. Private equity, lenders, and homeowners are caught in the crossfire.

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How to increase recycling rates amongst renters: Strategies for property managers

MRI Software

Green leases are quickly becoming the industry standard, reflecting a growing commitment to sustainability. These leases include clauses that promote energy efficiency and environmentally friendly practices, such as recycling. By introducing a recycling program, you can bring the benefits of green leases to your multifamily property. Recycling helps you reduce waste disposal costs, promote a cleaner living environment, and attract eco-conscious renters.

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Creator Space Press Release

Nest DC

FOR IMMEDIATE RELEASE Nest DC Launches Affordable Creator Space on U Street, Igniting Creativity in the Heart of Washington, DC WASHINGTON, DC - August 1, 2024 - Nest DC, a leading property management company, is proud to announce the launch of an innovative and affordable creator space at 1508 U Street NW, Washington, DC. This initiative aims to provide local creators, entrepreneurs, and small businesses with accessible workspace in one of the city's most vibrant and walkable neighborhoods.

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Taste the World: How America’s Changing Demographics Are Shaping Our Food

Colliers

The rapid growth of the Asian American population in the U.S. presents a significant opportunity for the food service industry. With their roots spanning over 20 countries, Asian Americans are driving increased demand for diverse Asian cuisines. The boom – driven mainly by immigration – is projected to increase to 35.8 million by 2060.

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The Affordable Housing Crisis is About More Than Interest Rates. It Started Decades Ago With NIMBYism.

BiggerPockets

NIMBYs, YIMBYs, and the struggle that's resulted in a housing crisis unlike we've ever seen. The real story of today's housing market goes back several decades.

IT 92
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How do property managers verify income?

MRI Software

When it comes to selecting the right tenant for a rental property, verifying income is a crucial step in ensuring a smooth and successful tenancy. For property managers, this process is not just about confirming that a tenant can meet their rent obligations; it’s about establishing trust and reducing financial risk, creating a stable and reliable basis for accounting and investment.

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Top Airbnb Amenities That Guests Love

Mamma Mode

As an Airbnb host, one of the best ways to enhance your guests’ experience and increase bookings is by offering desirable amenities. Not only do these additions make your property stand out, but they also cater to the specific needs and preferences of your target guests. In this blog post, we’ll explore some of the most wished-for Airbnb amenities and provide tips on how to implement them effectively.

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The Evolution of Office Space Design: Adapting to the Hybrid Work Model

Colliers

The modern workplace is undergoing a significant transformation, driven by the rise of hybrid work and the growing demand for high-quality, flexible office spaces. This shift is not just a trend but a response to the evolving needs and preferences of employees who seek a more balanced and enriched work environment.

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4 Common Insurance Mistakes Investors Make and How to Avoid Them

BiggerPockets

This article is presented by Steadily. Read our editorial guidelines for more information. Making mistakes with insurance coverages when buying investment properties can cost you big time.

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Enhancing tenant experience and revenue: A landlord’s guide to implementing amenity and technology fees

MRI Software

Improving tenant satisfaction while keeping costs down and cashflow steady can be a challenge for landlords. Introducing amenities and advanced technology in your multifamily property can help you achieve this balance effectively. These enhancements can make your property more attractive than competitors and can be paid for with additional amenity fees, which boosts your revenue.

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Are You Asking Enough Questions Before Hiring an HOA Contractor?

Mem Property Management

The HOA board is responsible for making decisions when the community is in need of maintenance or repair. Different skill sets are required based on the area of need, so it’s important to be mindful of the contractor you use to get the job done. It’s easy to go with anyone and assume they’re able to perform whatever type of work you need, but that line of thinking can get you in a lot of trouble.

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How to Avoid Rental Fraud for Investors

T&H Realty

While fraud is nothing new, advancement in technology has made it much easier for scammers to go undetected until it’s too late. At T&H we have seen a lot of fraud, and as soon as we think we have seen it all, a new, more advanced scheme pops up. Over the years we have created systems and policies in place that best avoid the scammers. So how do you protect your most important assets?

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Financial Freedom in 3 Years by Investing in “Boring” Rental Properties

BiggerPockets

Can rental properties replace your W2 income, lead you to financial freedom, and help you build multimillion-dollar wealth in the process?

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Active vs. passive property management

MRI Software

Choosing the right property management approach can significantly impact the success of your real estate investments. In this blog, we’ll explore the key differences between Active and Passive Property Management, helping you determine which method aligns best with your investment goals. Whether you’re a hands-on landlord eager to maximize returns or prefer a more hands-off approach, understanding these two strategies will empower you to make informed decisions for your portfolio.

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The Ultimate Airbnb Checklist for Hosts

Mashvisor

With over 7.7 million Airbnb listings, knowing how to stand out from the crowd can be a challenge. You’re also competing with seemingly endless hotel rooms.

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My First Big-Time Deal Failed. Here’s Why I’m Happy About It.

BiggerPockets

I finally got my feet wet with a syndication deal, and it didn't go so well.

IT 91
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Maximizing Your Rental Income: Four Tips From My House-Hacking Experience

BiggerPockets

Stay informed, be proactive, and leverage these insights to achieve greater profitability and success in your house-hacking journey.

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Why I’m De-Emphasizing Multifamily, and What I’m Investing In Instead

BiggerPockets

Multifamily has had its problems, and while Brian is still looking at some deals, he's turned his attention to these other assets.

IT 91
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3 Steps to Buying Your First (or Next) Small Multifamily Property

BiggerPockets

Small multifamily real estate investing could be your quickest path to financial freedom.

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How to Create Multiple Streams of Income Through Real Estate Investing

BiggerPockets

If you know how to create multiple streams of income, you can build wealth FAST.

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BiggerNews: The Market Bets on Mortgage Rates Falling, More Homes for Sale

BiggerPockets

Mortgage rates are set to fall this year and well into 2025, all while housing inventory steadily increases.

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Real Estate Bookkeeping: A Crash Course for Getting Your Financials in Check

BiggerPockets

Real estate bookkeeping is one of the tedious but necessary tasks that comes with owning a rental property.