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Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

No one wants to turn a property when maintenance costs are higher and rents are holding or even compressing. When youre driving investor retention, a property manager needs to look at resident retention and annual maintenance spend per unit. In 2022, a property manager could rent a home sight unseen.

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ). While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Advocacy has also become a bigger focus.

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Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

But here's the real kicker—not all property management is created equal. The differences between commercial property management and residential property management go deep enough to shape nearly every decision you make as a property owner or manager. Rent collection also varies significantly.

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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. As property management in Baltimore can tell you, renting out a property is a business. After all, youre managing tenants, maintaining the property, and, of course, getting income.

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Urban vs. Suburban Multifamily Properties: Where is the Market Heading?

Beach Front Property Management

Urban houses are residential properties located in densely populated city centers or metropolitan areas. Cost of Living Higher rent, property prices, and daily expenses. Cost of Living Urban living often comes with higher costs, including expensive rent, property prices, and daily expenses.

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Flipping Vs. Renting- Which Real Estate Strategy is Best for Long-term Gains

Beach Front Property Management

Two popular options are flipping houses and renting out properties. House flipping involves purchasing residential properties at a low price with the intent to sell them for a profit. What is Renting? Renting, or the buy-and-hold strategy involves leasing a property to residents in exchange for monthly payments.

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Why partnering with residential management services is essential for landlords

MRI Software

Lets dive into how residential property management companies can simplify your life and maximize your returns. What are residential management services? Residential management services focus on professionally overseeing rental properties to ease the landlords responsibilities.