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Pet odors may have been left behind by your former tenant if they had pets. It can be difficult to deal with a smelly rental property, particularly if your new tenants don’t own pets or are extremely sensitive to pet odors. Pet odors can be difficult to eliminate from a rental property, especially if the tenant has occupied it for an extended period of time or if the pets have caused significant damage.
While we didn't get the matchup America wanted (Lions vs. Ravens), we do get to watch a 2020 rematch between the 49ers and the Chiefs. To prep for the game, we crunched the data on every team's real estate market and found which ones had the best potential for investors.
It’s critical for owners of rental properties to understand what makes renters happy in a house. We’ve put up a list of frequently requested features and amenities to help you understand their tastes. To make your property better and draw in better tenants, go over the list. Location and Convenience One key element that greatly influences the ability to draw in renters to a rental property is its location.
Speaker: Jady West, VP of Hospitality & Chris Bennett, Head of Sales & Engineering
The modern hotel room is no longer just a place to stay—it’s an experience to remember. Today’s guests expect seamless connectivity, personalized comfort, and high-tech convenience. From AI-powered smart room controls to keyless entry, in-room entertainment, and app-based services, technology is redefining hospitality from the inside out. In this new session featuring industry pros Jady West and Chris Bennett, we’ll explore how high-speed, high-bandwidth connectivity powers the innovations that
Introduction: Rent control, often touted as a solution to housing affordability, has been a contentious topic in policy debates for decades. The premise seems simple: cap rents to make housing more affordable for low-income individuals and families. However, the reality is far more complex. While the intentions behind rent control are noble, its implementation often leads to unintended consequences, exacerbating housing shortages, disincentivizing investment in housing, and ultimately failing to
As an owner of a rental property, you must understand what tenants desire in a home. We’ve put up a list of frequently requested features and amenities to help you understand their preferences. Examine the list to improve your home and draw in desirable tenants. Location and Convenience Location is a crucial element that significantly influences the ability of a rental property to attract tenants.
January kicked off with three industry conferences across the country: the CRE Finance Council (CREFC) in Miami, the Americas Lodging Investment Summit (ALIS) in Los Angeles, and the National Multifamily Housing Council (NMHC) in San Diego. These events brought together thousands of investors, developers, financiers, and related parties.
Finding reliable tenants for your Colorado Springs rental property is one of the best ways to protect your investment property and ensure you have a pleasant, stress-free tenancy. When you identify and place great residents, you also have a better chance of retaining those renters, which means you’ll face fewer vacancy and turnover costs at the end of your lease period.
Whether you’re onboarding a new team member in the leasing office or just looking to brush up on the most essential housing terms, we’ve got you covered. Consider this multifamily glossary your go-to guide for the most important terms you need to know in multifamily, affordable, and public housing. Financial Management and Formulas Accrual Accounting: Records all income and expenses in the period they were earned or incurred, regardless of when things were received and/or paid.
As of the end of 2022, 100% bonus depreciation was set to be phased out by the end of the decade. Now, with the Tax Relief for American Families and Workers Act of 2024, it looks like we could see bonus depreciation and other benefits stick around. Here's what you need to know about the bill.
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.
It can be difficult to apply for a single-family rental, and the best rental homes frequently draw a large number of applicants. It can be difficult to make your application stand out from the others because of the high demand, which frequently makes the application process very competitive. You can increase your chances of being approved for the rental property you want through adequate planning and strategy.
Austin’s transformation into the “Silicon Hills” and 10th largest metro in the nation is a multifaceted journey, marked by a rich history and rapid tech-driven evolution.
Discover the Charm: Your Ultimate Guide to Living and Thriving in Redding, CA Burrowed in the heart of Northern California, Redding stands as a beacon of community spirit, endless natural beauty, and nonstop opportunities for adventure and relaxation. If you're considering a move or searching for your next rental home, look no further. Here are the top 10 reasons Redding, CA, should be at the top of your list. 1.
Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.
This analysis looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. As 2024 begins, the two main factors that plagued market conditions in 2023 are still present. New construction deliveries have skyrocketed to a 40-year high. As supply surges, demand or job growth is settling, dropping from the historic highs recorded during the economic reopening in 2021.
Download the article here or read below. With special thanks to Karen Whitt, President of Colliers U.S. REMS. Commercial buildings – especially the kind with vacancies that never recovered from the COVID pandemic – are typically the gold standard of construction.
The benefits of applying sustainable practices to your short-term rental business is not only vital to the future of our planet; it grows your earnings too by giving your business more credibility and appealing to environmentally friendly guests. About 76% of global travelers said they want to travel more sustainably this year, according to Booking.coms most recent Sustainable Travel Report.
Imagine you receive the dreaded phone call that a fire has erupted in one of your rental units. Everyone is safe, but the property has suffered from significant damage. This is the scenario no landlord or property manager ever wants to encounter, yet it’s an essential aspect of multifamily property management to be prepared for. Landlord insurance offers a safety net for your rental properties, protecting you against the costs of unforeseen circumstances.
The benefits of applying sustainable practices to your short-term rental business is not only vital to the future of our planet; it grows your earnings too by giving your business more credibility and appealing to environmentally friendly guests. About 76% of global travelers said they want to travel more sustainably this year, according to Booking.com’s most recent Sustainable Travel Report.
Baby boomers hold the vast majority of wealth in the U.S.—many estimates suggest over $17 trillion. Much of that wealth has come from their homes, many of which have been underinvested in over the last few decades. This means the next generation could be facing an avalanche of renovation costs.
In a recent survey, 67% of respondents said that their happiness hinged on their ability to pay bills on time. Another 45% said homeownership made them happy. Others said they needed $1 million in the bank to be secure. So what is the true cost of happiness, and how much does it take to really sit back and relax?
A free lease template on a subreddit somewhere sounds like an appealing, low-cost option. But going the cheap route on your lease documents might actually cost you more than getting it right from the start. Here's how to do that.
The U.S. as a whole only grew by about 1% last year, but other markets saw huge gains and massive losses. From New York City to Jackson, Mississippi, we analyzed the 100 largest metros in the nation and measured their home price growth from 2022 to 2023.
The so-called Oracle of Omaha said that diversification is protection against ignorance, but isn't this strategy a necessary part of intelligent investing? Here's why diversification, especially in real estate, is so essential.
These hot housing markets could make any investor start to sweat. You’ve been longing for some cash flow connection, but your prayers have gone unanswered.
Got just enough savings to buy a rental property? Before you pull the trigger, you’ll want to hear today’s episode because you could be making a big mistake.
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