Remove Events Remove Rent Remove Rental Unit
article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

Landlord 255
article thumbnail

Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

High Rental Demand With a growing population and a high percentage of residents, Long Beach offers a strong rental market. The citys housing shortage has led to rising rents, making rental properties an attractive investment option. Competition – A high number of rental units can lead to price variations.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Tips to Minimize Tenant Turnover

American Apartment Owners Association

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. With renting being 40% cheaper than owning on average, ensure your pricing remains attractive.

Tenant 246
article thumbnail

The Ultimate Move-In Checklist for Property Managers

Buildium

Testing the smoke and carbon monoxide detectors: This is important to comply with state and local laws and, above all, to make sure that the tenant is safe in the event of a fire or carbon monoxide leak. Repainting and deep cleaning the unit: This step is especially important if the previous tenant was a smoker or had pets.

article thumbnail

Renters’ Liability Insurance: What It Is and How It Works

Bay Property Management Group

Also, it helps pay for property damage repairs in your rental unit. How Renters’ Liability Insurance Works Lets say a fire damages your furniture, or someone breaks into your rental and steals your belongings. Also, i nsurance only reimburses events covered under your renters liability policy.

Insurance 147
article thumbnail

A Winter Guide to Renting an Apartment in Portland, Maine

Real Property Management Evertrust

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.

Apartment 130
article thumbnail

Digital marketing for property management: Choosing strategies that work

Buildium

The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online. Email Newsletters Email newsletters are a great way to keep your audience informed about new properties, upcoming events, and special offers.