Sat.Feb 17, 2024 - Fri.Feb 23, 2024

article thumbnail

What to Look for When Touring a House for Rent

Genuine Property Management

When touring a potential rental house, it’s vital to approach the inspection with detail and care. This is more than just choosing a place to liveā€”it’s about finding a comfortable and safe environment for your future. A thorough inspection of each room, utilities, and safety features is crucial in making an informed decision. It’s important […] The post What to Look for When Touring a House for Rent appeared first on Welcome to Genuine Property Management.

Rent 130
article thumbnail

Mastering Unforeseen Rental Property Expenses

Real Property Management Chicago

Whether you’re a seasoned real estate investor or a novice, it’s critical to comprehend the unforeseen hidden costs that may crop up. Imagine you find the ideal property, do the math, and expect an ongoing supply of rental incomeā€”only to find out later that there were other costs you missed. Throughout this journey, we will explore these hidden culprits , learn how to identify and manage them, and gain the knowledge and enthusiasm required to successfully navigate the world of real e

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rental Property Curb Appeal Ideas

Lula

First impressions are everything. They color a prospective tenantā€™s perception of a property before theyā€™ve stepped foot inside, and even before theyā€™ve gotten out of their car. Hence the importance of curb appealā€”ā€œthe visual attractiveness of a house as seen from the street,ā€ according to Merriam-Webster. Property managers and landlords increase the rental property curb appeal of their properties through creative landscaping and front yard maintenance, beautifying porches and driveways with tas

article thumbnail

Guide to Listing Your Vacation Rental Property on Google Maps

JMZ Management

List your vacation rental property on Google Maps for free! Here are the complete steps on how to do it. Click the link to guide you through.

article thumbnail

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.

article thumbnail

Investors: Stop Worrying About Interest Ratesā€”Hereā€™s Why Right Now Is the Time to Buy

BiggerPockets

Now that the new year buzz has settled and the reality of persistently high mortgage rates has set in, how should investors react?

94
article thumbnail

Hostaway Reviews: What Sets the Platform Apart?

Mashvisor

The rental marketā€™s growth required efficient property management tools. Letā€™s look at Hostaway reviews to see how the platform fares. Hostaway was created to simplify rental property management.

More Trending

article thumbnail

Understanding Tenant Responsibilities: A Guide to Rental Property Maintenance

Real Property Management Enterprises

There is a balance between landlord and tenant responsibilities in the world of rental properties. We’ll explain what maintenance tenants are responsible for in this post, so that everyone has a hassle-free and happy rental experience. So grab your figurative tool belt, because we’re about plunge into the essential knowledge every tenant should possess.

article thumbnail

Who Cares About the Number of Doors You Haveā€”Cash Flow Is What Actually Matters

BiggerPockets

Investors get hung up on their total number of doors, but does that really matter? Here's why investors need to track stats beyond doors.

93
article thumbnail

Hiring a Property Manager vs. Self-Managing: What's Better?

Nest DC

When managing rental properties, housing providers often face a crucial decision: hiring a property manager or handling the responsibilities themselves. This choice significantly affects the upkeep, profitability, and success of their rental business. While some housing providers prefer the hands-on self-management approach, others go for the expertise professional property management services offer.

article thumbnail

Quick Hits | Shifting Regional Capital Allocations

Colliers

There have been notable shifts in capital allocations to regions throughout the U.S. in recent years. The West was the top investment sales market from 2001-2020. Since then, the Southeast has led the country in sales volume. Demographics have played into this, with investors chasing population growth.

52
article thumbnail

The Power of Responsive Communication in Property Management

California Leasing & Management

Effective communication is the foundation of any successful landlord-tenant relationship. In property management, responsiveness is crucial to tenant satisfaction and overall property success. This blog explores the importance of responsive communication in property management, emphasizing its impact on building trust, fostering positive relationships, and prioritizing tenant well-being. 1.

article thumbnail

The Truth About Real Estate Investing in 2024 (What Investors NEED to Know)

BiggerPockets

The old ways of financial freedom are gone.

article thumbnail

Attract Tenants Effortlessly: Explore Top Rental Apps

Real Property Management DC Metro

Your rental property must be listed online in order to be properly advertised and to decrease vacancies. You can connect with potential renters with the help of a number of apps. Finding the ideal app can be challenging, though, given the wide variety of options. We put together a list of the best rental listing apps currently available to make the process easier.

Tenant 52
article thumbnail

Industrial Tenant Tracker ā€” New Bulk Occupancies Dipped in 2023

Colliers

Industrial tenant demand cooled during 2023, particularly in bulk warehouse and distribution space. New occupancies greater than 100,000 square feet totaled 302 million square feet during the year, a 47.6% decrease compared to 2022ā€™s total of 576 million square feet.

Tenant 52
article thumbnail

Your path to a stress-free, successful year-end close in real estate and property management

MRI Software

This blog is written by insightsoftware , a global provider of reporting, analytics, and performance management solutions empowering organizations to unlock business data and transform the way finance and data teams operate. Year-end close is a critical process for any business, but it can be especially challenging for real estate and property management accountants.

article thumbnail

The Quick Guide to Virtual House Flipping

BiggerPockets

Virtual house flipping can be an exciting, lucrative way to get involved in real estate investing. But as with as any type of investment, itā€™s important to understand the finer details to determine where you fit in.

article thumbnail

14 Key Short Term Rental Tax Deductions to Never Overlook

Mashvisor

Owning short term rental properties comes with different benefits as well as various costs to consider.

article thumbnail

How to Effectively Handle Guest Feedback

Guest Hook

In vacation rental hosting, guest reviews and feedback have significant power. They can literally make or break a property’s reputation, influence a prospective guest’s booking decision, and shape the overall guest experience. Understanding how to tactfully handle all reviews and feedback effectively is critical for vacation rental hosts and property managers looking to shine in the competitive hospitality market.

article thumbnail

How long does tenant screening take?

MRI Software

In property management, one of the most crucial steps for landlords and property owners is tenant screening. This process isn’t merely about filling vacancies; it’s a strategic measure to mitigate risks and ensure a harmonious and secure environment for all parties involved. Itā€™s important to select a screening provider that will deliver timely results, but in an economically uncertain climate and a highly competitive market, it can be tempting to look for ways to rush through the sc

Tenant 52
article thumbnail

More Units Doesnā€™t Mean More Moneyā€”Why a Single-Family Home Can Beat a Fourplex

BiggerPockets

Conventional wisdom suggests more units would equal more money, but the numbers don't always check out. Here's what the calculations look like.

article thumbnail

Comparing the Top Property Inspection Software for Short-Term Rental Management

Mashvisor

Dive into property inspection software for short-term rentals, and forget about the time-consuming task of inspecting and tracking your rentals.

article thumbnail

Weā€™re Selling Our Rental for $1 Millionā€”This Is How Weā€™ll Use the Money to Make More

BiggerPockets

Liz Zack and her husband began their 1031 exchange journey on their Brooklyn rental. After assembling the team and doing market research, they've narrowed their options down to five markets. What comes next?

92
article thumbnail

11 Tips To Generate Cash Flow When Interest Rates Are High

BiggerPockets

Rental properties have been one of the largest real estate industry sectors to be hit by the increase in interest rates.

article thumbnail

Hereā€™s How To Earn Modern and Traditional Passive Income in 2024

BiggerPockets

From stocks to real estate to crypto to advertising on your car, passive income is the core goal of any investor. So how can you make the most of your opportunities in 2024?

article thumbnail

The Renovations Thatā€™ll Instantly Increase Your Home Value (Part 1)

BiggerPockets

Which home renovations will boost your propertyā€™s value and put you in a better position to sell?

article thumbnail

The Million-Dollar Question: Is College Still Worth It in 2024?

BiggerPockets

Is college worth it? Many Americans are beginning to boldly state, ā€œNope!ā€ But does the growing anti-higher education sentiment point to facts or fiction around the cost of college?

IT 92
article thumbnail

AI Tools Can Save You 10 Hours Per Week If You Use Them Rightā€”Hereā€™s How

BiggerPockets

Between ChatGPT, Gemini, and other new AI tools, there are now a gazillion ways to outsource and delegate monotonous duties in your business.

article thumbnail

Now Is a Great Time to Go Hunting for Passive Multifamily Dealsā€”Regardless of the Headlines

BiggerPockets

Sentiment has been sour on many things in real estate lately, but every market has deals to be made. The same is true for multifamily.

article thumbnail

Cash Flow Isnā€™t Dead: 4 Markets With The Highest Rent-to-Price Around

BiggerPockets

Cash flow real estate is hard to find. In almost any big city, making financial freedom-producing cash flow is becoming a pipe dream.

Rent 92
article thumbnail

Rookie Reply: Estimating Rehab Costs, Finding ā€œHard Money,ā€ & Tax Planning

BiggerPockets

Need to estimate rehab costs or calculate ARV (after-repair value) on a property? For new investors, these tricky tasks can often make or break a deal.

article thumbnail

Multifamily Is Likely To Start Recovering in 2024ā€”Hereā€™s Why

BiggerPockets

In his recent article, BiggerPockets CEO Scott Trench did a great job enumerating all the reasons why multifamily is in the difficult position itā€™s in.

article thumbnail

Early Retirement at 36 by Doing What EVERY Entrepreneur Should

BiggerPockets

If you want to reach early retirement, especially in your thirties, youā€™ll need to take some big risks.

92
article thumbnail

The Renovations Thatā€™ll Instantly Increase Your Home Value (Part 2)

BiggerPockets

With some often overlooked home renovations, you could boost your propertyā€™s value by tens, if not hundreds, of thousands of dollars.

article thumbnail

Financial Freedom in 10 Years and $200K Cash Flow with a Small Portfolio

BiggerPockets

Reaching financial freedom in ten years or less with a small real estate portfolio!?

article thumbnail

Seeing Greene: Generational Wealth 101 and Getting Started in a Tough Market

BiggerPockets

Want to know how to set your kids up for LIFE? The answer is pretty simple: rental properties.

article thumbnail

Need a Financial Advisor? Start Here!

BiggerPockets

Most financial advisors arenā€™t what they seem. They paint themselves as stewards of your financial security, carefully analyzing every investment they put your money into.

70