Sat.Sep 14, 2024 - Fri.Sep 20, 2024

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Multifamily Market Update: Stability Has Settled, but It’s Temporary. Here’s How to Stay Ahead

Appfolio

In our latest multifamily market update, unpack the current Goldilocks scenario that’s keeping the market balanced, and peer into the future to see how this could change.

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How to Negotiate Prices with Renters

American Apartment Owners Association

Negotiating rent prices can be tough for a landlord. On one hand, you want to satisfy your renters and keep their business. But on the other hand, you dont want to lose profit and decrease your rental income. Whether negotiating with tenured residents or prospective renters, you should always be open to discussing rent prices. Though these conversations can be a bit daunting, theyre necessary if youre going to find a way to satisfy both your and your renters needs.

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Simplify Your Life with The Assistance of a Property Management Virtual Assistant

Answer Tenant

You will understand well that being a landlord, it is not easy to deal with several houses at the same time. Some of the responsibilities include managing tenants and maintenance. Rental collections and record keeping, Among them you can name it a never ending list. Bear in mind a method to erase most of the […] The post Simplify Your Life with The Assistance of a Property Management Virtual Assistant appeared first on Answer Tenant LLC.

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Benefits of Having an ROI Calculator on Your Property Management Website

Fourandhalf

ROI calculators are the trendy new thing in property management websites. You might have come across a competitor’s website featuring a sleek new calculator and found yourself wondering if you should invest in one as well. At Fourandhalf, we specialize in digital marketing tailored specifically for property management companies, including the development and integration of ROI calculators.

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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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Should I Require Renters Insurance? A Guide for Landlords

Osprey Property Management

Requiring renters insurance can be a game-changer for both landlords and tenants, providing peace of mind and reducing potential liabilities. According to Money Geek , the average cost of renters insurance in Virginia is $127 per year. (about $11 per month), renters insurance is an affordable way for tenants to protect their belongings—and for property owners to protect themselves.

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Can the Past Predict the Future?

American Apartment Owners Association

Can a tenants past behavior predict how they will act in the future? If they did not pay their rent on time at the last place they lived, does that mean they will not pay their rent for their next home? Will they continue to damage the property in which they live as they did in their last place? Theres only one way to find out the answer to these very important questions: the AAOA Landlord Verification.

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Do Property Managers Pay for Repairs?

Genuine Property Management

When you rent a home, it’s common to wonder who handles repairs and maintenance. The answer usually depends on the terms of your lease agreement and the type of repair in question. While every situation is different, property managers often play a key role in managing repairs. Below, we’ll cover the typical circumstances where property […] The post Do Property Managers Pay for Repairs?

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5 Creative Ways to Get Bad Tenants Out

Beach Front Property Management

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. While eviction is a potential option, more creative ways exist to address the situation effectively. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. These methods help landlords replace problem tenants with more suitable ones, improving their rental experience.

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Lock Upgrades: From Traditional Keys to Smart Locks

Real Property Management Evertrust

As technology continues to transform our daily lives, even traditional tasks like locking and unlocking doors have been revolutionized. In Maine, homeowners and property managers are increasingly making the switch from old-fashioned keys to smart locks. This change is not just about upgrading for convenience, but also about improving security, control, and peace of mind.

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How Property Management Virtual Assistant Can Transform Your Business

Answer Tenant

Property management virtual assistant profession is one of the most challenging careers out there mainly because of the high levels of multitasking, excellent communication and detailed orientation. You are well aware as property manager that it is as important to manage a variety of activities in the best possible way. Communicating with tenants, performing maintenance tasks, […] The post How Property Management Virtual Assistant Can Transform Your Business appeared first on Answer Tenant

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How to Manage a Rental Property

Genuine Property Management

Managing a rental property requires careful planning and attention to detail to ensure your investment is both profitable and hassle-free. Whether you’re renting out a single unit or overseeing multiple properties, being a successful landlord means balancing tenant satisfaction, legal compliance, and property upkeep. Below are some essential steps to help you manage a rental […] The post How to Manage a Rental Property appeared first on Welcome to Genuine Property Management.

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Why You Need An Airbnb First Aid Kit In Your Short Term Rental

Our Little Lifestyle: Airbnb

In order to be a successful Airbnb host and earn 5-star Airbnb reviews, you need to anticipate your guests’ needs. This is what separates top Airbnb hosts from the average ones. So, today, I want to talk about one small way that you can show you care: by providing a nice Airbnb first aid kit in your short-term rental property. Airbnb First Aid Kit This seems like a no-brainer, but you would be surprised how few Airbnbs include a first aid kit.

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A Winter Guide to Renting an Apartment in Portland, Maine

Real Property Management Evertrust

Winter is a unique time in Portland, Maine, where the beauty of snow-covered streets and cozy, historic buildings can be mesmerizing. But renting an apartment during this chilly season comes with its own set of challenges and considerations. If you are looking for a rental apartment in Portland, Maine, during the winter months, it’s crucial to understand how the season affects apartment hunting, living conditions, and utilities.

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What A Property Management Virtual Assistant Can Do for You

Answer Tenant

Are you tired of getting bogged down by the mundane tasks of property management? Are you ready to focus on strategic planning and growing your business instead? A virtual assistant can handle maintenance scheduling and tenant communications. Management virtual assistant It can free up your time for more important endeavors. Post will explore how can […] The post What A Property Management Virtual Assistant Can Do for You appeared first on Answer Tenant LLC.

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The 3-Letter Word That Can Supercharge Your Career and Investments

BiggerPockets

Two house flippers buy similar deals—but one’s profit is double the other.

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How to Calculate the Rebuild Cost of Your Holiday Home

Schofields Insurance

Reading Time: 4 minutes Your holiday home is likely to be one of the largest financial investments you will make in your lifetime. Therefore, the buildings sum insured must be accurate so that if your property was damaged by fire or flood, for example, it will be restored to its former glory. Research shows that millions of homes could be under-insured, risking a major financial loss should disaster strike.

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Why Authority Property Management Supports the North Valley Property Owners Association

Authority Property Management

Supporting the NVPOA: How This Organization Benefits Property Owners and Managers At Authority Property Management , we believe in the importance of supporting organizations that advocate for the rental housing industry and provide valuable resources to property owners and managers. One such organization is the North Valley Property Owners Association (NVPOA) , a non-profit group based in northern California.

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Revolutionizing Real Estate and Property Management Accounting with Technology

Answer Tenant

Are you tired of the traditional, time-consuming methods of real estate and property management accounting? Do you wish there was a way to streamline your processes and make them more efficient? Look no further than technology! In this blog post, we will explore how technology is revolutionizing the way we approach real estate and property […] The post Revolutionizing Real Estate and Property Management Accounting with Technology appeared first on Answer Tenant LLC.

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The Best and Worst Places to Invest Based on Insurance Claim Data

BiggerPockets

Insurance costs are rising, and a select few markets are facing the brunt of the pressure. Meanwhile, some markets are doing just fine.

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How to Attract Popular Types of Holiday Cottage Guests

Schofields Insurance

Reading Time: 9 minutes The key to running a lucrative holiday let is to secure as many bookings as possible. Although it’s likely your typical guests will generally have similar requirements, it’s possible that with a little creativity a versatile holiday home can appeal to a range of holidaymakers. This means more bookings and more revenue. Firstly, you need to decide who your ideal guests are.

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September 2024 Newsletter: A Steady Rental Market and Industry Shifts

Authority Property Management

Welcome to our September 2024 rental market update! As we head into fall, we’re excited to share the latest trends, property updates, and key insights to keep you informed. Market Update: Continued Strong Demand The rental market continues to thrive as we transition from summer to fall. In August alone, we rented 32 units, showcasing the sustained high demand for rental properties across our portfolio.

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Breaking Down the Basics of Real Estate Accounting for New Investors

Answer Tenant

Now you are in the world of real estate accounting! For any new investor or a professional entering this field, dealing with financial side of things can at times be so daunting. But before you can start calling yourself a machine learning engineer, you will have to familiarize yourself with the following terms, where do […] The post Breaking Down the Basics of Real Estate Accounting for New Investors appeared first on Answer Tenant LLC.

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Federal Reserve Cuts Rates By 0.50%, a Bigger Cut Than Expected

BiggerPockets

It finally happened: Federal Reserve Chairman Jerome Powell announced that the Fed will, in fact, cut rates, ending months of speculation.

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Quick Hits | Retail SF/Capita: Unlocking Development Potential Across Markets

Colliers

It’s no secret that the U.S. has a lot of places to shop, leading other nations by a wide margin in terms of retail SF/capita. However, since the housing bust of the mid-2000s, development has been rather restrained.

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Maximizing Revenue with the Right PMS

Thanks For Visiting

Choosing the Right PMS for Your Short Term Rental As the short-term rental market continues to evolve, the ability to manage multiple distribution channels effectively is more critical than ever. With so many online travel agencies (OTAs) and booking platforms available, ensuring your property is visible across all relevant platforms can be a game-changer.

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Elements and Tips of Real Estate Accounting

Answer Tenant

Real estate accounting who practice in the industry evaluates the performance of a business through efficient processes of accounting. These processes help the real estate companies to protect themselves from potential losses while other processes are used to prepare the company for tax recovery and compliance activities. It is for this reason that such knowledge […] The post Elements and Tips of Real Estate Accounting appeared first on Answer Tenant LLC.

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Uncovering the Patterns Behind Falling Rents in Sprawling Cities

BiggerPockets

Rents are falling in certain cities, driven by urban sprawl and soft demand. Smart investors can target these areas with lasting growth potential.

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Weekday Shopping Trends: How Hybrid Work is Changing Retail Patterns

Colliers

Hybrid Work Growth and its Impact In the post-pandemic world, hybrid work models have transformed where and how people work and their shopping habits. With more flexible schedules, many workers are shifting their errands, including grocery shopping, to weekdays rather than the traditionally busy weekends.

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Millennial Homebuyers: What They Want in a Bay Area Property

California Pacific Realty

Good news – millennials have finally decided to buy homes. This generation was notoriously slow to get comfortable with the idea of homeownership, but they’re in the market now, and their priorities are a bit different than other generations. The landscape of homeownership is shifting dramatically, too. Lately, the mortgage rates have been higher than normal, making home loans more expensive.

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Property Management Virtual Assistant Can Help You Grow Your Career

Answer Tenant

Any professional who has dealt with property management knows that time is a very valuable asset. Due to the numerous activities and day-to-day responsibilities. It becomes almost challenging when attempting to expand a business while managing it. And that is where delegation comes in – and the importance of hiring a VA for your property […] The post Property Management Virtual Assistant Can Help You Grow Your Career appeared first on Answer Tenant LLC.

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US Economic Outlook Significantly Stronger Than You’d Think

BiggerPockets

The US economy isn’t doing as well as you think—it’s doing even better.

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Fed Cuts Interest Rates a Half Point: Here’s What it Means for Investors

T&H Realty

For the past several weeks, all eyes have been on the Federal Reserve as investors, economists, and homeowners waited with bated breath for an expected rate-cut announcement. And on Wednesday, as expected, the Reserve did indeed cut its benchmark interest rate. The amount, however, did surprise some people. Instead of cutting by the expected quarter point, the Fed, obviously bullish about several economic numbers, slashed rates by a half point.

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Why You Need An Airbnb First Aid Kit In Your Short Term Rental

Our Little Lifestyle: Airbnb

In order to be a successful Airbnb host and earn 5-star Airbnb reviews, you need to anticipate your guests’ needs. This is what separates top Airbnb hosts from the average ones. So, today, I want to talk about one small way that you can show you care: by providing a nice Airbnb first aid kit in your short-term rental property. Airbnb First Aid Kit This seems like a no-brainer, but you would be surprised how few Airbnbs include a first aid kit.

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Top Challenges in Property Management Accounting and How to Overcome Them

Answer Tenant

Are you a property manager, for example, who is having problems in balancing their accounts, that is, managing the accounting books of their establishment? You’re not alone. Tackling the financial aspect of properties is often not very easy. Especially if the company works with a large number of units and stakeholders with different concerns. In […] The post Top Challenges in Property Management Accounting and How to Overcome Them appeared first on Answer Tenant LLC.

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My Foolproof Strategy for Earning a Higher ROI on Flips

BiggerPockets

The challenging aspect of any renovation is determining what to renovate and selecting appropriate finishes. There’s no one-size-fits-all rule for renovations and finishes guaranteeing the highest ROI.

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How Tokeet’s New MFA Feature Enhances Your Security

Tokeet

How Tokeet’s New MFA Feature Enhances Your Security Note for Sympl Users: This blog post applies to you as well! Multi-Factor Authentication (MFA) is now available on your Sympl account, offering the same enhanced security features that are available for Tokeet. For more detailed instructions specific to Sympl, please visit the Sympl Help Article. Property managers handle a lot of sensitive information, from guest details to payment data.