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Scaling Up: Transitioning from Single-Family to Multi-Family Rentals

Real Property Management Chicago

More Units = More Preparation There will be more planning required than when purchasing single-family rentals, even if you decide to acquire a multi-family building with four or fewer units. For instance, a lucrative rental always depends on location.

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Townhouse vs. Apartment: Which Is Right For You?

Bay Property Management Group

Defining an Apartment An apartment is a part of a multi-family building that you can rent out. On the other hand, depending on the complex, bigger townhouses might boast shared luxury amenities like pools, gardens, or gyms. Unlike townhouses, apartments are shared spaces.

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Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

Within this broad category of real estate, there are quite a lot of different kinds of residential properties: townhomes, duplexes, multi-family buildings, single-family residences, and more. Thanks to lifestyle and renter demographic changes, single-family rental properties have been in high demand for years.

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How to Maximize Rental Income Without Raising Rent

Bay Property Management Group

If you own a multi-family building, investing in on-site laundry services, secure package lockers, bike storage, or even pet-friendly features can also increase the appeal of your property.

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Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Additionally, managing multifamily properties is less time-intensive than managing single-family units, especially when the individual properties are scattered across different locations. How to Invest in Multifamily Properties Knowing where to begin is essential if you are interested in buying multifamily homes.

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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

In this article, we’ll explore the significant benefits of regular HVAC maintenance for single-family rental properties and provide a few statistics that highlight the impact. The High Cost of Reactive Maintenance in SFRs Unlike multi-family buildings where systems can often be serviced in bulk, single-family homes have individual HVAC units.

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Are Your Tenants Entitled to Relocation Payments?

Real Property Management California Coast

Charging an average rent of $1,418 for a one bedroom or studio apartment, owners of multi-family buildings are facing penalties for alleged price gouging. Rather than pay higher rent, residents are fleeing their current units in droves. For some, it’s not a matter of choice.

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