Sat.Aug 03, 2024 - Fri.Aug 09, 2024

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What Happens To An HOA With No Board?

HOA Managememt

What happens to an HOA with no board? The HOA board plays a critical role in the continued success of an association. When board seats remain empty, the association would essentially stop functioning. This will leave the residents and the community in a dire situation. The Importance of an HOA Board of Directors Every homeowners association has a board of directors elected by the members.

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Property Manager/Landlord: IE – Private Eye! Are Professional Tenants Getting One Over On You?

Osprey Property Management

Being a rental property owner or landlord has its undeniable perks — the potential for a healthy ROI, a diversification of your asset portfolio, and the satisfaction of providing quality housing being just a few. However, with these perks come risks, and perhaps the biggest issue is the tenant who isn't as they seem. The professional tenant, a master at exploiting loopholes in the rental system, can tarnish your rental property's reputation, cost you thousands, and eat away at your patience and

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The Property Manager’s Guide to Rental Property Laundry

Lula

Enhancing Rental Properties with Efficient Laundry Facilities When I was viewing my current apartment for the first time, before I had even seen a rental agreement, I was elated to learn that use of the onsite laundry facility was provided free of charge. It was doubly good news: if I were to live there, I wouldn’t have to get in my car and drive to a laundromat to wash my clothes, and (bonus!

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How to Avoid Over-Improving Your Glenview Rental Property

Real Property Management Chicago

New rental property investors in Glenview often fall into the trap of over-improving their properties. It’s understandable to want a well-maintained rental to attract quality tenants, but too many improvements can cut into or erase your potential profits. This advice serves to alert you to potential risks and guide you in making informed investment decisions.

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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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3 Things You’re Missing Out On If Your HOA Doesn’t Have A Website

HOA Managememt

Does it make sense for your HOA to have a website? Will owners actually use it? The answer to both questions is a resounding YES. You’re currently on this website because you know it’s a great source for HOA information. Your HOA website will be similarly useful as it will act as a central source of information for owners and tenants. In most cases, homeowners associations do not need a website (however a few states have made them a requirement), but there is no doubt that associations that don’

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Can Tenants Get The Boot When Smoking In Apartments?

Rental Choice

Smoking in apartments is a contentious issue that has caused many disputes between landlords and tenants. However, both federal and state laws have something to say about smoking — even in private spaces like rental units. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules.

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Top 3 Essential Strategies for Efficient Auto Dealership Key Management

Keycafe

Efficient management of vehicle keys is crucial for the smooth operation of auto dealerships. Misplaced or lost keys can lead to significant disruptions, including lost sales, security breaches, and operational. The post Top 3 Essential Strategies for Efficient Auto Dealership Key Management appeared first on Keycafe Blog.

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mem Files for Trademark Renewal With USPTO

Mem Property Management

mem property management , recently filed with the United States Patent and Trademark Office (USPTO) a Combined Declaration of Use and Incontestability Under Sections 8 and 15 to further strengthen the company’s intellectual property rights. “We are very proud of our brand and our company logo strongly demonstrates our commitment to servicing New Jersey Associations for over 25 years,” explains Martin Laderman , founder and CEO of mem property management corporation , “it is with this intention

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Are EV Chargers the Next Rent-Increasing Amenity?

BiggerPockets

Electric vehicle sales are rising. Does it make sense to add an EV charging station at your property, and can you raise rent accordingly?

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How AirKeeper Leverages Dynamic Pricing for Higher Yield

AirKeeper

Setting the right price for a short-term rental can make all the difference between being fully booked and frequency vacancies. Dynamic pricing adjusts rental rates based on real-time factors like market demand and local events. This approach ensures that properties are priced to both attract guests and maximise yields. At AirKeeper, we utilise dynamic pricing to help property owners navigate the complexities of the market, increasing their rental income by staying ahead of trends and competitio

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Your Guide to a Pollinator-Friendly Yard: Tips and Best Practices

Real Property Management DC Metro

Many rental property owners in Shaw, including yourself, are eager to enhance their rental’s environmental friendliness. One minor yet impactful step is to develop a pollinator-friendly yard. Optimal landscaping for rentals involves designing appealing and easy-to-care-for yards. Creating a pollinator-friendly yard is an investment in the environment and can enhance your property’s worth.

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Ultimate Property Management Automation: Tokeet Advance

Tokeet

Ultimate Property Management Automation: Tokeet Advance Since 2015, Tokeet has been a pioneer in the property management industry. Our platform has become a trusted name, helping countless property managers and rental owners streamline their operations with ease. Over the years, we’ve grown alongside the property management industry, constantly adapting to meet the needs of property managers.

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Avoid Costly Repairs: Don’t Ignore the Red Flags in a Property Inspection

BiggerPockets

Avoid costly surprises when buying property by addressing red flags in inspection reports. Learn why secondary inspections are crucial for high-risk issues.

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Technology multifamily tenants can’t live without

MRI Software

Tenants today are looking for more than just a place to live. They want their homes to be smart, connected, and sustainable, and they’re willing to pay for these features. As a landlord or property manager, it’s essential that you meet these multifamily housing trends to attract and retain tenants. In this guide, we highlight the multifamily technology trends that are here to stay and why they are essential for modern residential properties.

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Your Guide to a Pollinator-Friendly Yard: Tips and Best Practices

Real Property Management California Coast

If you’re like many rental property owners in El Segundo, you aim to make your rental more eco-friendly. Developing a yard that attracts pollinators is a small step with a big impact. Effective rental property landscaping should create beautiful, low-maintenance gardens. Investing in a pollinator-friendly yard aids the environment and may add value to your property.

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Let's Get Scrappy: Redding’s New Food Waste Recycling Program

Authority Property Management

Residential Food Waste Recycling Program For Redding, CA. Food Waste Now Goes in Your Green Bin! Exciting news, Redding residents! Our city has officially launched the Residential Food Waste Recycling program. This initiative is designed to make it easier and more efficient to manage food waste and contribute to a greener, cleaner environment. What’s New?

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Half of America’s Homes Are Equity-Rich—And These States Have the Most

BiggerPockets

According to Q2 data, about half of U.S. households are "equity-rich," with the biggest gains in the South and Midwest.

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Quick Hits | Venture Capital Investment Soars 

Colliers

When analyzing the current landscape of VC funding, it is evident there are signs of optimism, even emerging euphoria. VC investment in Q2 totaled a staggering $57.8 billion, a 56% increase from last year, per data from PitchBook.

IT 52
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San Francisco Property Taxes: What Landlords Need to Budget For

Gordon Property Management

Plenty of tax benefits are available to rental property owners in San Francisco, and that’s good news. You’ll be able to recoup a lot of what you spend on things like maintenance, property management fees, and mortgage interest when you file your taxes. What you have to budget for, however, are the property taxes that you’re required to pay on any units, homes, or buildings that you’re renting out.

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August 2024 Newsletter:

Authority Property Management

Thriving Redding Rentals: August Market Insights Welcome to our August 2024 rental market update! As we continue to enjoy the peak of summer, we’re excited to share the latest developments and insights at Authority Property Management. Market Update: Sustained High Demand and Low Vacancy Rates Our rental market remains robust, with a current vacancy rate of just 5.3% across our portfolio, compared to the county average of slightly over 7%.

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BiggerNews: 2024 Housing Market Update (Home Prices, Mortgage Rate Predictions)

BiggerPockets

Where will the housing market be by 2025?

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How to Train TokeetAI for Efficient Property Management

Tokeet

How to Train TokeetAI for Efficient Property Management AI in property management is on its peak, with the market expected to grow from $164.96 billion in 2023 to an amazing $226.71 billion in 2024 , at an impressive annual growth rate of 37.4%. The most impactful applications of AI in property management is in automating guest communications, ensuring timely and efficient responses to guest inquiries and needs.

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The Guest Room-Office Combo: 5 Tips to Maximize a Small Space

Real Property Management Enterprises

If you’re like many, your single-family rental home in Oklahoma City doesn’t have much extra space. Deciding what to do with your guest room when it’s not always used as such can be challenging. Rather than having an empty room, you could convert it into an office. Yet, it can be difficult to combine a guest room and an office, especially if the space is limited.

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Navigating the New Era: The Comprehensive Impact of AB12 on California's Property Management Industry

Authority Property Management

The Impact of Assembly Bill 12 on the Property Management Industry and Landlords Assembly Bill 12 (AB12),went in to effect on July 1, 2024, and introduced significant changes to California's property management landscape. This comprehensive analysis will examine the immediate and long-term implications of AB12, drawing from real-life examples, expert opinions, and historical precedents.

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How Building Codes Have Helped Create Gigantic Supply Gaps.

BiggerPockets

Strict building codes have made it challenging to build quickly and efficiently throughout the country. We list six ways they've impacted the housing crisis.

IT 90
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Rent Manager Integrations Periodical August 2024

Rent Manager

With PropTech continually evolving to deliver value to the property management industry, Rent Manager is keeping pace by adding the most sought-after solutions to our Integrations Program. With more than 170 integrated providers to choose from, Rent Manager delivers one of the most diverse platforms in the industry. Since our last Quarterly Integrations Periodical, we’ve […] The post Rent Manager Integrations Periodical August 2024 appeared first on Rent Manager Property Management Softwar

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Transitioning Your DMV Home from Summer to Fall: A Proactive Guide

Nest DC

DC's famous summer swelter is still going strong, but trust us - fall's crisp breezes are just around the corner. I know, hard to believe. Here at Nest, we've learned a thing or two about seasonal transitions over our 15 years of tending to homes in the DC area. Our secret? A little prep goes a long way, even when it feels like the heat will never end.

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Optimizing Hospital Space: The Move to Off-Campus Solutions

Colliers

Healthcare is undergoing a significant transformation in its approach to infrastructure and space utilization. Traditionally, hospitals have concentrated all their departments, including non-revenue generating ones, within their main campuses. However, this trend is shifting as healthcare systems explore off-campus options to optimize space and enhance operational efficiency.

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A New Chapter at BiggerPockets: Welcoming TCG, Celebrating 3 Million Members, and Introducing New Tools Designed to Uplevel Your Investments

BiggerPockets

An important announcement from BiggerPockets CEO & President Scott Trench.

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Tips to Find Great Tenants For Your Rental Property

Young Management

You may think great renters are rare but on the contrary, there is an abundant number of them. All you need to do is attract good residents to your rental unit by developing excellent marketing strategies. You can start by exhibiting a professional attitude which can win top-tier tenants. Keep reading this article to find effective tips you can try to attract the best renters to your property!

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Airbnb vs Booking.com & Vrbo: How to Optimize Your Vacation Rental Listings for More Bookings

Rentals United

Earning bookings for your vacation rentals takes more than just listing them on the right channels. To truly stand out and maximize your occupancy rates, you need to optimize your listings according to each platform’s unique audience and algorithms. Each channel has its own set of rules, user expectations, and ranking systems that can significantly impact your visibility and attractiveness to potential guests.

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CRE: Industries Revealed, Episode 4 | Life Sciences Beyond the Lab

Colliers

This episode of CRE: Industries Revealed focuses on the unique needs and opportunities within the world of life sciences.

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Breaking Up with Your Property Manager: When and How to Make the Switch

BiggerPockets

Learn to identify red flags in property management, take action when your provider fails, and choose a replacement to protect your rental investment.

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Want high-performing subsidized housing operators? Be a supportive asset manager.

MRI Software

Affordable Housing asset management is the comprehensive process of overseeing a property’s financial performance, physical condition, and compliance with applicable regulations. Effective asset management helps investors, lenders, state agencies, and other capital providers receive the expected benefits while managing their risk. This function involves gathering, monitoring, and reporting information, analysis and risk management, and occasional problem-solving.

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What Are HOA Assessments? Are Homeowners Obligated To Pay Them?

Mem Property Management

Anyone familiar with how a homeowners association works knows that there are certain fees members should pay. Apart from regular dues, homeowners may also need to pay HOA assessments. But, what is an HOA assessment anyway? In this article: What Are HOA Assessments? HOA Dues vs HOA Assessments The Purpose of an HOA Assessment Fee Who Pays Special Assessment Fees?

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How Everyone Benefits From Strong ESG Practices

Rent Manager

The financial well-being of residents goes far beyond just their ability to pay their rent on time and the health of their household finances. It has a ripple effect that impacts everything from community stability to employee productivity. This blog will explore the challenges renters face, the importance of strong Environmental, Social, and Governance (ESG) […] The post How Everyone Benefits From Strong ESG Practices appeared first on Rent Manager Property Management Software.