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Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

However, even more than that, when you hire property management experts, you can acquire benefits and expertise that numerous do-it-yourself landlords lack. If you are still unsure about hiring a property management company, the following are six reasons why professional property management might be your best option.

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New leadership in commercial real estate: Mary Lue Peck, BOMA

Yardi Breeze

After decades under one president, the Building Owners and Managers Association (BOMA) has changed leadership. Mary Lue Peck, the former senior vice president of BOMA, is now president and CEO of the most storied association in commercial real estate. Were one of the oldest associations dedicated to commercial real estate.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property?

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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

To mitigate investment risks in multifamily real estate, employ thorough due diligence practices. Inspect properties for hidden issues, analyze financial records for stability, and align strategies with market trends. Use data-driven decisions to manage risks effectively.

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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 offer a simpler way to invest in real estate, promising steady income and long-term growth without the hassle of being a landlord.

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What Is Vacancy Loss & How to Calculate It

Bay Property Management Group

Why Vacancies Matter in Real Estate How to Calculate Vacancy Loss Common Causes (and Solutions) FAQs What Is Vacancy Loss? While its often seen in a negative light, experienced property managers in Baltimore view it as more than just lost incomeit also represents potential earnings you could gain once the units are occupied.

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Should You Have Different Websites for Your Real Estate and Property Management Businesses?

Fourandhalf

 If you already have a perfectly good real estate website, do you really need a separate property management website? Can you get away with just building a page to host your property management information? For instance, on a real estate website, you might want to include “For Sale” listings.