Sat.Apr 13, 2024 - Fri.Apr 19, 2024

article thumbnail

Ways to Minimize Risk in a Real Estate Portfolio

Real Property Management Chicago

Managing risks effectively is crucial for successful real estate investing. Minimizing risk is crucial for long-term success in your portfolio, no matter your experience level. Protect your investments by diversifying, performing due diligence, and keeping informed. By following these tips, you can succeed in real estate investing with both confidence and resilience.

article thumbnail

Lessons From 4 Property Management Companies That Successfully Scaled Their Portfolios

Appfolio

Managing multiple types of properties presents as many challenges as it does opportunities. Keeping records, maintaining different systems, handling maintenance.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Navigating Lease Agreements in Orange County: What Tenants Need to Know

Genuine Property Management

Finding a rental home in Orange County is exciting, but understanding how to read a lease agreement is crucial. This contract sets out your rights and responsibilities and those of your landlord. Knowing the details of your lease helps protect you from potential misunderstandings or legal issues that could arise from unclear terms. It’s not […] The post Navigating Lease Agreements in Orange County: What Tenants Need to Know appeared first on Welcome to Genuine Property Management.

article thumbnail

Seven Reasons Why the Housing Market STILL Hasn’t Recovered From the Pandemic

BiggerPockets

The pandemic swept through the U.S. housing market like a tsunami. Radical price hikes and all-time low inventory accompanied massive migration away from pricey big cities.

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

How Often Should You Replace Your Property’s Roof?

Real Property Management California Coast

Maintaining your rental property in excellent condition is crucial as an investor, starting with the roof for single-family homes. High-quality roofs endure for years, but they all must be reshingled eventually. How regularly should you reshingle the roof of your rental property? Addressing this question requires first gathering important data about the roof, including its age, condition, and the materials used.

article thumbnail

Easy Ways To Make Your Airbnb Feel Like A Hotel

Our Little Lifestyle: Airbnb

The Airbnb market has changed over the years! Did you know that Airbnb stands for Airbed and Breakfast, meaning you literally slept on an air mattress? The company has come a long way. In 2024, most Airbnb guests expect hotel-like accommodations. What does that mean? Essentially, it means that they want the space to be: safe clean comfortable have basic amenities not feel like someone else lives there Before we dig in, let me introduce myself!

Airbnb 52

More Trending

article thumbnail

Will We Buy Homes in Bitcoin Someday? I Don’t Think So, and Why You Shouldn’t Either

BiggerPockets

I don’t invest in Bitcoin because I am betting on the continuation of Western civilization, not its collapse or decline.

article thumbnail

Are apartment complexes a profitable investment? Potential returns and risks

MRI Software

Investing in apartment complexes can be profitable, but there can be challenges. Understanding potential returns, risks, and strategies for making money is important. This guide will explore: Are apartment complexes profitable? How to calculate apartment complex profit margin. The advantages and risks of investing in apartment complexes. How to reduce risks and increase returns.

article thumbnail

How Often Should You Replace Your Property’s Roof?

Real Property Management DC Metro

For an investor, keeping your rental property well-maintained is imperative, especially starting with the roof of single-family homes. A durable roof can withstand many years, but reshingling is inevitable. What is the recommended frequency for reshingling the roof of your rental property? To respond to this, start by collecting key information like the roof’s age, condition, and the materials used.

article thumbnail

Quick Hits | ULI’s 2024 Spring Meeting Takeaways

Colliers

Gain Insights from ULI's NY Spring Meeting: Complex capital stacks, job market trends, geopolitical shifts, and forecasts shaping real estate. Read more.

article thumbnail

I’m Four Months Into a 1031 Exchange—Now It’s All About Finding the Best Deal in the Haystack

BiggerPockets

We are less than a month away from listing our Brooklyn, New York condo, which we bought for $375,000 back in 2004, the same week we got married.

93
article thumbnail

Remodeling Projects with the Most Bang for Your Buck

Real Property Management Enterprises

Being a proud owner of a rental property means you know the ultimate objective is profitability. However, in truth, this is easier stated than accomplished. Managing a single-family rental property involves a myriad of expenses that could exceed your rental income if you’re not vigilant. Clearly, maintaining your property in excellent condition and boosting its value is important, but it doesn’t have to be exorbitantly expensive.

article thumbnail

6 Entertainment Options for Your Vacation Rental

Guest Hook

Creating an excellent experience for guests in your vacation rental is about a lot more than just a comfortable bed and a clean shower. Today’s competitive VR marketplace has forced owners to think big to keep savvy guests happy and more importantly, returning. Incorporating the right entertainment options can elevate your vacation rental tenfold and leave a great impression on your guests that they’ll share with friends and family.

IT 52
article thumbnail

April News Letter

Authority Property Management

Spring into Action: Essential Updates and Seasonal Preparations for Your Property Welcome to April's Edition of Our Property Management Newsletter! Spring is in full swing, and with the fresh bloom comes a season of renewal and readiness. This month, we’re focusing on ensuring your properties are perfectly primed for the warmer days ahead. From vital maintenance updates to seasonal tips like pest control, we’re here to help you maximize comfort and curb appeal.

Rent 52
article thumbnail

New Policies Take Aim At Boosting Affordable Housing, Investors Could Benefit w/Dennis Shea

BiggerPockets

America is in an affordable housing crisis.

Rent 93
article thumbnail

Who is Responsible for Accidental Fire Damage?

MRI Software

Effective multifamily property management means having a strategy for any event, including fires. When a fire happens by accident, it’s not always clear who should pay for the damage. Since no one meant for it to happen, figuring out if you or your tenant is responsible for covering the costs can be tricky. In this guide, we explain who is responsible for accidental fire damage.

article thumbnail

Monitoring Manufacturing’s Resurgence

Colliers

Manufacturing construction spending has never been higher, and job announcements and employment are following suit. Colliers is tracking 44 manufacturing projects with an investment of $1 billion or greater, that are under construction or planned nationwide. Most projects are semiconductor or EV battery facilities in response to 2022’s CHIPS Act.

article thumbnail

What Is Appreciation in Real Estate?

Young Management

Appreciation, in its simplest form, refers to the increase in the value of a property over time. This seemingly straightforward concept hides a plethora of factors that can affect how and why real estate values rise. This article will explore the various types of real estate appreciation. We will also look at all the factors influencing it, how to determine if a property will appreciate, typical appreciation rates, and the benefits appreciation brings to investors.

article thumbnail

Is New York’s Eviction Bill a Compromise? Or Just More Pain for Landlords and a Blueprint for Other States to Follow?

BiggerPockets

New York State legislative leaders have agreed on a preliminary housing deal aimed at tackling affordability and supply problems, which are especially severe in New York City.

article thumbnail

The 25 Best Sunbelt Markets for Cash Flow—And a Closer Look at the Top 4

BiggerPockets

Jazz icon and Los Angeles native Roy Ayers once famously sang, “Everybody Loves The Sunshine.” Never have truer words been said.

92
article thumbnail

Home Prices in Pittsburgh Are Up 22%, Making It The Fastest Gainer in the U.S.—Here’s Why Prices There are Exploding

BiggerPockets

Pittsburgh has the hottest housing market in the country. Who knew?

IT 92
article thumbnail

Mindset, Above All, Matters Most—Here’s My Four-Step Formula For Transforming My Mind

BiggerPockets

Why does mindset matter most?

92
article thumbnail

Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details

BiggerPockets

In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties.

article thumbnail

Beyond the Mailbox: Innovative Direct Mail Strategies That Win in Today’s Market

BiggerPockets

This article is presented by DealMachine. Read our editorial guidelines for more information.

article thumbnail

4 Ways to Start Investing in Real Estate with NO or LOW Money

BiggerPockets

Want to know how to invest in real estate with NO money down? Or, maybe you’ve got a bit of cash in the bank and think now is the time to get into the real estate investing game.

article thumbnail

Seeing Greene: Paying Off Rentals, Estimating Crime, & Replacing Your Salary

BiggerPockets

Should I pay off my rental property or reinvest? How do I replace my six-figure salary with cash flow from real estate investing?

article thumbnail

The On the Market Awards: These Markets and Strategies Will WIN in 2024!

BiggerPockets

Welcome to the first-ever On the Market Housing Market Awards!

article thumbnail

$120K/Year from ONE “Sensory” Rental Property with a “Secret” Amenity

BiggerPockets

If you want your rental property to succeed, you’ve got to give people a reason to keep coming back.

article thumbnail

The BEST Side Hustles You Can Start in 2024 (Outside of Real Estate!)

BiggerPockets

The best side hustles can put some extra cash in your pocket, help you leave your W2 job, or even launch you toward FIRE.

article thumbnail

Full-Time FIRE and Traveling the World…All Thanks to Rentals!

BiggerPockets

Could real estate investing help you reach financial freedom much sooner than you thought possible?

article thumbnail

The BiggerPockets Flip/Off: My Weekly Progress Diary

BiggerPockets

Follow along as I share my progress in my house flipping battle with Henry Washington!

60
article thumbnail

Rookie Reply: Using a Car as a Down Payment (!?), ADUs, & House Hacking 101

BiggerPockets

House hacking and renting by the room are two of the easiest ways for rookies to dive into the world of real estate investing.

article thumbnail

BiggerNews: 100% Financing for First-Time Home Buyers is HERE

BiggerPockets

If you’re a first-time home buyer, now may be one of the best times to get a loan in recent history, according to mortgage advisor Jeff Welgan.

Finance 59
article thumbnail

The Hidden Property Damage That Could Ruin Your Home Renovation…

BiggerPockets

Added home renovation costs can ruin your plans to own the perfect rental property. When this happens, how do you come up with the extra funds?

article thumbnail

Scaling from 0 to 20+ Doors Using These “Self-Management” Tools & Tips

BiggerPockets

If there’s one thing that’ll make or break your real estate portfolio, it’s property management.

article thumbnail

Exploring National Incentive Trends: 2023 Insights and 2024 Outlook

Colliers

In the landscape of incentives, 2023 marked an intriguing chapter characterized by shifts in investment patterns and job creation dynamics. In this new blog series, professionals can gain valuable insights into the state of economic development and anticipate the trajectory for 2024 based on 2023 data and trends.