Sat.Oct 19, 2024 - Fri.Oct 25, 2024

article thumbnail

Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. And if you’re new to the job, you might be wondering exactly what that looks like on a day-to-day basis. How do you ensure the budget stays on track? What steps should you take to maintain financial health for the long haul? In this guide, we give you the full HOA finances picture.

Finance 245
article thumbnail

Groundskeeping 101: Bring the Best Out in Your Property

Real Property Management Chicago

A rental property’s exterior is influential to its curb appeal. When it comes to groundskeeping, you should ensure that your property has a neat and attractive yard. This has the potential to improve your property values and attract good tenants. However, it can be complicated to determine which types of landscaping are ideal for a rental property and how to maintain it appropriately.

Property 147
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why You Should Never Pour These 5 Things Down the Drain

Real Property Management Evertrust

If you have to clean up after a meal or a project, your primary instinct might be to pour any leftover liquids down the drain. On the other side, pouring certain materials down your drain can greatly damage your plumbing system and the environment. Harmful chemicals, in particular, can wreak havoc on your pipes and wastewater treatment, which can cause costly repairs for you and multiple complications for the water treatment facility.

article thumbnail

Yardi Breeze: Small Business Leader In G2 Fall 2024 Reports

Yardi Breeze

Software marketplace G2 has released its Fall 2024 Reports revealing current leaders across multiple categories, as voted by verified users. Yardi Breeze ® was awarded 10 mentions as Leader, Small Business Leader and Momentum Leader in multiple categories including property management, rental payment, real estate investment management, lease administration and community association management.

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

Accounting Software for Cooperative Housing Society

ADDA

Managing the financial records of a cooperative housing society is a responsibility that requires precision, transparency, and compliance with statutory regulations. For management committee members who are often professionals with a keen eye for efficiency and detail, manual accounting methods can be time-consuming and error-prone. Enter ADDA Books, the premier accounting software for cooperative housing society, designed to simplify, streamline, and elevate your financial management processes.

article thumbnail

Creating Standout Renter Experiences with Ronald Harrington

Appfolio

Join Zack Kass, Futurist and Former Head of Go To Market for OpenAI, on The Top Floor podcast as he demystifies AI strategy, offers actionable approaches for creating an AI-empowered organization, and reveals how to leverage AI to future-proof your real estate management business.

More Trending

article thumbnail

Flipping Vs. Renting- Which Real Estate Strategy is Best for Long-term Gains

Beach Front Property Management

If you are considering real estate investing but are unsure where to start, it is essential to choose the right method for your goals. Two popular options are flipping houses and renting out properties. Flipping involves buying homes, renovating them, and reselling them for profit, offering faster returns but requiring more time, effort, and upfront cash.

article thumbnail

How To Manage Your Society Clubhouse?

ADDA

A well-managed society clubhouse serves as the heart of community interaction, recreation, and social bonding. Whether you are part of the management committee, a property manager, or a resident looking to ensure the efficient use of this vital amenity, Understanding how to manage society clubhouse is essential for efficient community living. This guide will walk you through the concept of clubhouse management, its benefits, and This guide highlights how cooperative society software like ADDA he

article thumbnail

5 key property management industry trends to guide your 2025 planning

Buildium

Heading into 2025, property management companies face a number of obstacles: They’re challenged to expand their portfolios without compromising the quality of service they deliver to their customers. They’re challenged to grow their revenue in spite of increased costs and flat rent growth in many areas of the U.S. They’re challenged to prove the value of their services to cash-strapped rental owners in a competitive business environment.

article thumbnail

How to Find a Rental Property in Orange County

Genuine Property Management

Finding a rental property in Orange County can feel overwhelming due to the area’s competitive real estate market and diverse neighborhoods. However, with the right approach, you can find a home that fits your needs and lifestyle. To help get you started and find the perfect rental home to suit your needs, review these key […] The post How to Find a Rental Property in Orange County appeared first on Welcome to Genuine Property Management.

article thumbnail

Rent Payment Methods Landlords Should Offer Tenants Apart From Cash

Rental Choice

Cash is a popular way to collect rent in the United States. However, while it may be liquid, cash payments are not always reliable. Renters may easily default on the payment. They are also prone to human error. What other rent payment methods should landlords consider? Why Offer Other Rent Payment Methods? Offering various landlord rent payment methods provides many benefits for both the landlord and tenant.

Landlord 130
article thumbnail

How To Manage Your Society Clubhouse?

ADDA

A well-managed society clubhouse serves as the heart of community interaction, recreation, and social bonding. Whether you are part of the management committee, a property manager, or a resident looking to ensure the efficient use of this vital amenity, understanding how to manage society clubhouse effectively is essential. This guide will walk you through the concept of clubhouse management, its benefits, and how ADDA can make it easier to manage your society’s clubhouse seamlessly.

article thumbnail

Three Reasons to Participate in Beyond’s Referral Program (Hint: Getting Up to $2000 in Beyond Credit is One)

Beyond

Everything is better with friends, even dynamic pricing. With Beyond’s new customer referral program, you have the chance to receive up to $2,000* per customer.

98
article thumbnail

Tax on Airbnb income UK: the definitive guide

GuestReady

Do I have to pay Airbnb income tax? And which tax rate do I have to pay over my rental revenue? In this guide, we're explaining the rules and tax-free allowances for furnished holiday lets in the United Kingdom.

Airbnb 98
article thumbnail

Why You Should Never Pour These 5 Things Down the Drain

Real Property Management Enterprises

If you want to clean up after a meal or a project, your initial response may be to get rid of any leftover liquids down the drain. However, pouring certain materials down your drain can really damage your plumbing system and the environment. Harmful chemicals, specifically, can wreak havoc on your pipes and wastewater treatment, generating costly repairs for you and significant difficulties for the water treatment facility.

article thumbnail

Should You Host Influencers And Creators At Your Airbnb?

Our Little Lifestyle: Airbnb

Today, I want to answer a question that came from my Airbnb Hosting Facebook Group : Should you host influencers and creators at your Airbnb? By “host,” I mean give them a free stay in exchange for services. I feel that I am in a unique position to answer this question because I am both a travel content creator and an Airbnb host. I make my living doing both, and my blog, Our Little Lifestyle, is centered around both travel content and Airbnb hosting content.

Airbnb 95
article thumbnail

Vrbo Pricing Tool

Beyond

Use the best Vrbo pricing tool to maximize revenue & occupancy.

98
article thumbnail

Preparing Your Home for the Winter

Mem Property Management

This year the annual cold snap took its toll and stranded many in the north east, Chicago, mid-west and elsewhere with huge snow storms, record below zero temperatures and much more. If you live in an area where the winters are cold and unforgiving, there are a few steps you can take to stay warm and safe in your home. The Center for Disease Control (CDC) offers emergency preparedness advice and recommends that the first step to keeping your family warm and safe during the winter is to listen to

IT 94
article thumbnail

Proposition 33 Ignites Fierce Debate Over California Rent Control Laws

BiggerPockets

Proposition 33—a measure on this year’s California election ballot that would increase rent control laws by limiting the amount landlords can charge for rent, regardless of an apartment’s rental history, […]

Rent 92
article thumbnail

Essential Landlord Insurance Coverage: What Do You Really Need?

Real Property Associates

Your homeowner's insurance isn't enough! Operating rental properties in Seattle means you own and operate a business. With a business comes the need for the right insurance coverage to protect your properties, income, and business from potential lawsuits. Having a homeowner's insurance policy was the right choice if you once lived in your property. However, when turning your home into an investment property or buying rentals in the area, homeowner's insurance doesn't provide the coverage you nee

article thumbnail

How Hosts Can Increase Occupancy and Stand Out Among the Competition

Beyond

Is there an Airbnb bust? Our short-term rental data tells us what is really happening. Plus, we tapped our in-house expert for advice to increase bookings.

Airbnb 98
article thumbnail

Housekeeping Tips: Best Practices for a Tidy Refrigerator

Real Property Management DC Metro

A disorganized fridge can immediately become a big problem. A messy fridge can doubtlessly threaten your health and budget, from forgotten leftovers to missing ingredients. The really good news is that you can properly sidestep these obstacles by using a handful of simple organizational strategies. Keeping your fridge organized makes the most of your available space and keeps everything fresh and ready to eat.

article thumbnail

11 Last-Minute Tax Hacks Every Investor Needs Before the Year Ends

BiggerPockets

For real estate investors, the end of the year isn’t just about closing deals—it’s about making smart moves that could save you thousands on your tax bill.

article thumbnail

Property Inspections Guide: Protect Your Investment Long-Term

Real Property Associates

Owning rental property can be rewarding, but it also comes with its fair share of challenges—especially regarding property upkeep. Imagine discovering an expensive HVAC issue or a plumbing disaster that could have been prevented. That’s where regular property inspections come in. These inspections are more than just a routine task; they’re your first defense in protecting your Seattle property , ensuring it stays in top shape, and keeping your tenants happy.

article thumbnail

Beyond Launches Hospitable Integration

Beyond

Beyond is thrilled to announce that our revenue management platform is fully integrated with Hospitable, a leading property management system.

article thumbnail

The Return of the Accidental Landlord in 2024

Authority Property Management

Accidental Landlords are back The housing market in Redding, CA , and across the U.S. has seen a few twists and turns lately. Home prices have stabilized, interest rates are bouncing around, and there's a growing demand for rental properties. All of this means one thing: the accidental landlord is making a comeback. If you’re unfamiliar, an "accidental landlord" describes property owners who rent out their homes because of life changes rather than a planned investment strategy.

article thumbnail

The $30,000 Box From Amazon That Could Transform Housing Markets (and Portfolios)

BiggerPockets

The housing crunch is taking homebuyers and investors back to the future.

article thumbnail

Adjusting Rent for Optimal Occupancy: Market Demand and Seasonality

Real Property Associates

As a landlord, one of the keys to success is understanding the ebb and flow of market demand for rentals and seasonality. The rental market isn't static—it changes throughout the year, influenced by many factors such as economic conditions, local events, and seasonal trends. Navigating these fluctuations can be challenging, but with the right approach, you can strategically adjust your rental prices to optimize occupancy and maximize rental returns.

Rent 56
article thumbnail

Beyond Launches new Solution Sets to Drive More Bookings

Beyond

New direct booking website tool and actionable insights from competitive sets enable Beyond users to increase conversions and drive more direct revenue

94
article thumbnail

How to Become an Airbnb Superhost

Schofields Insurance

Reading Time: 7 minutes Becoming an Airbnb Superhost isn’t just a ‘badge of honour’ — it can be a real game-changer for hosts looking to maximize their bookings, increase their income, and stand out in a competitive marketplace. This is because Superhosts are recognized for their ability to consistently provide outstanding experiences for their guests.

Airbnb 53
article thumbnail

5 Things That Should Matter More to Investors Than Interest Rates

BiggerPockets

It feels as though we’ve been waiting with bated breath for interest rates to change.

IT 90
article thumbnail

Horseshoe Bay 4 Bed 4 Bath Sub-Penthouse w/ Huge Deck @ Forest Villas

Sunstar Realty

Address: #604- 6687 Nelson Avenue, West Vancouver Already Rented - fully furnished Bedrooms: 4 + off Bathrooms: 4 Finished area: ~3,000sf Fireplaces: 2; natural gas Flooring: engineered hardwood, tiles mixed Outdoor: massive double sized deck w/ hot tub Parking: 2 side by side near door Deposits: half a month security deposit + fob deposits. Lease term: Minimum 3 months stay.

article thumbnail

Vacation Rental Pricing Deep Dive: Length of Stay Pricing

Beyond

In your vacation rental pricing strategy, do the benefits outweigh the risks when incorporating length of stay pricing? Find out on our blog!

93
article thumbnail

The Importance of Guest Experience in Short-Term Rentals

Avantio

Keeping our guests happy can feel like a full-time job. Many factors influence guest satisfaction. Some are beyond our control, such as bad weather or personal issues. However, property managers can directly impact most aspects of the guest experience. Guest satisfaction begins even before a booking is made and continues long after guests have left.

article thumbnail

After Milton, Is Florida Becoming a Lost Cause for Investors?

BiggerPockets

Not long after Hurricane Milton—the second-most intense Atlantic hurricane ever recorded—as well as Hurricane Helene left a trail of destruction in Florida, construction resumed in flood-prone areas affected by the […]

89
article thumbnail

Diwali -“festival of lights”

Mem Property Management

Diwali is the Indian “festival of lights”—a holiday that celebrates the triumph of good over evil. This year, Diwali will be celebrated on October 31st Though technically religious, it’s also become a cultural event in North America that’s celebrated with sweets and special foods. Learn about Diwali, when it occurs, and common traditions! Diwali (also called Divali or Deepavali ) is a “festival of lights” that celebrates the triumph of light over dark and good over evil, and the blessings of

IT 52