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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Common Landlord Mistakes Can Increase Vacancy Rates – Setting rent too high, neglecting marketing, and ignoring maintenance requests can all contribute to longer vacancy periods. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

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How to find the best rental property accounting software for landlords

Buildium

Rental property accounting software offers landlords a practical way to handle these financial tasks. Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping.

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Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap. Read on to learn more about how you can ensure your rental property maintenance is handled properly.

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Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Once youve gone through the process of screening for the perfect tenants, such as your tenant background check , there will be routine and unexpected maintenance and repairs that will fall into your lap. Read on to learn more about how you can ensure your rental property maintenance is handled properly.

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The Ultimate Move-In Checklist for Property Managers

Buildium

The tenant can refer to their move-in checklist to document damage to the unit made before they moved in, so they are protected from unnecessary charges. To Provide a Reference for Maintenance: When your staff conducts a move-in inspection, they can use the list to identify repairs that should be made before the new tenant moves in.

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What Is KPI in Property Management?

BetterWho

KPIs Give You: Clarity on performance across departments (leasing, maintenance, accounting, etc.) Occupancy Rate This tells you how many of your rental units are currently leased. Days on Market How long it takes to fill a vacant unit. Maintenance Resolution Time How quickly is your team resolving maintenance requests?

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Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

Competition – A high number of rental units can lead to price variations. Best for : Buy-and-hold property investors seeking consistent rental income. Desirable rental market – Professionals and families prefer this quiet yet central location. We at BFPM Inc.