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Are REITs a Good Investment: Pros and Cons

Bay Property Management Group

Real estate has always been seen as a solid way to build wealthbut not everyone has the time (or patience) to deal with tenants, property maintenance, and big upfront costs. They let you invest in these income-generating properties without having to deal with tenants or maintenance yourself. Thats where REITs come in.

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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

High turnover can drain your finances and disrupt your property management workflow. You’re not only looking at lost rent for every month your property is empty. The cost of finding a new tenant, additional maintenance, marketing the property, etc., Or is maintenance due? The cost of turnover adds up.

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Best Property Management Books for Landlords: Top 9 Picks

Bay Property Management Group

If you’re looking for the best property management books around, we’re here to help. Our professional property managers have chosen our personal favorites for your viewing pleasure. Read below for some great recommendations on managing rental properties. Here, John C.

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Tired of Rental Property Maintenance? Why Not Hire A Property Manager Instead?

Real Property Management California Coast

The second and better option is to separate their physical presence from the daily operations of their investment properties by hiring a professional property manager to oversee the assets. If a property management company values people above profits, you should consider doing business with them.

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Is it Better to Rent or Buy a House in California?

Beach Front Property Management

Renting often comes with lower annual costs, as residents are not responsible for property maintenance or significant repairs. No maintenance responsibilities : Residents are usually not responsible for home repairs or maintenance. It is a common question with no universal answer. Budgeting for repairs is essential.

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How to Minimize Vacancy Rates in Your Rental Properties

Young Management

Vacancy rates are one of the most significant concerns for property owners and landlords. A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Being professional and responsive fosters a positive relationship, which can encourage tenants to stay longer.

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Choosing The Right Manager For Your Airbnb Property

AirKeeper

Managing a short-term rental property can be an exciting way to boost rental income, but it comes with its share of challenges. For many property owners, balancing all the work involved, including guest communication, property maintenance, marketing, and pricing strategies is overwhelming.