Remove Maintenance Remove Professional Property Management Remove Utilities
article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. If all of this is too much for you, you may need to hire a professional property management company.

Property 200
article thumbnail

What Is Vacancy Loss & How to Calculate It

Bay Property Management Group

Lost Income Even if no one is living in the unit, you still have to pay for things like maintenance, property taxes, and utilities. Impacted Reputation A property that constantly has vacancies can develop a bad reputation. To avoid this, landlords should focus on regular maintenance, repairs, and needed updates.

IT 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Snow Removal Responsibilities in Rentals: A Guide for Landlords and Tenants

Real Property Management Evertrust

Some may even prohibit what kinds of road salt or other deicing materials you can utilize on your walkways and driveways. Property Type When distributing snow removal responsibilities, who gets dispensed the task also depends upon what type of rental property you handle.

Tenant 228
article thumbnail

Navigating the Storm: Effective Crisis Management for Rental Properties

Real Property Management Evertrust

Unexpected crises – an inevitable tragedy, protracted power outage, or emergency maintenances – can create major disruptions for rental properties. For property owners, these incidents can bring about property damage, renter displacement, and costly repairs.

article thumbnail

Maximizing Your Property's Potential in a Competitive Redding Rental Market

Authority Property Management

Catering to tenant preferences helps your property stand out and stay competitive. Sustainability Sells: Go Green Eco-friendly features are increasingly important to tenants who want to save on utilities while reducing their carbon footprint. Want to maximize your propertys potential without the hassle?

article thumbnail

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. No property taxes : Unlike homeowners, residents do not bear the burden of property taxes.

Rent 130
article thumbnail

Why Invest in a Holiday Rental?

AirKeeper

Owners may be eligible to claim deductions on a range of expenses related to their rental property. Common deductible expenses include property management fees, maintenance and repairs, utilities, insurance, and depreciation. This is where professional property management services like AirKeeper become essential.