Authority Property Management

JULY 26, 2024

The Basics of Proposition 33 Proposition 33 seeks to repeal the Costa-Hawkins Rental Housing Act, a state law that currently restricts the types of housing that can be subjected to rent control. Under Costa-Hawkins , rent control is prohibited on: Single-family homes and condominiums.

Real Estate 64

Real Estate Single-Family Home Property Regulation 64

MRI Software

DECEMBER 13, 2024

While many people associate ADUs with single-family homes, theyre also an incredible opportunity for multifamily properties. These units can be built as detached structures or converted from spaces like basements or garages. These spaces can easily be converted into new living units with the right planning and permits.

Single-Family Home 52

Single-Family Home Rental Income Finance Regulation 52

MRI Software

MARCH 20, 2025

Consistent rental income Multifamily properties provide a steady stream of rental income by housing multiple tenants. Even if one unit is vacant, income from other tenants helps cover operating costs and ensures stability. Centralized operations lower expenses for landscaping, maintenance, and repairs.

Apartment 52

Apartment Single-Family Home Finance Landlord 52

RL Property Management

DECEMBER 23, 2024

Whether you own a single-family home or an expansive rental portfolio, adapting to these market dynamics is key to maintaining profitability. While it takes regular monitoring, it helps maximize rental income without scaring off tenants. These simple efforts often result in long-term leases.

Landlord 98

Landlord Property Management Property Manager Tenant 98

Authority Property Management

JULY 20, 2021

If your rental rate is too high, it will be difficult to attract potential tenants and if it is too low, you won’t be able to maximize rental income to its full extent. It is important to strike a good balance between occupancy rates and profits, and always try to charge a fair rental rate for your property.

Single-Family Home 52

Single-Family Home Utilities Rental Property Rent 52

MRI Software

FEBRUARY 2, 2025

Condos are typically financed like single-family homes, with similar down payments and mortgage terms. Residential multifamily homes qualify for traditional home loans, but commercial properties require higher down payments and have shorter loan terms.

Finance 52

Finance Commercial Property Single-Family Home Maintenance 52

RL Property Management

NOVEMBER 5, 2024

However, the amount can vary depending on several factors, including the property’s age, condition, and the type of rental unit (single-family homes vs. multi-family buildings). For example, allocating 5-10% of monthly rental income is a reasonable way to build your reserve fund over time.

Maintenance 52

Maintenance Property Management Property Manager Rental Property 52

MRI Software

APRIL 1, 2025

Condos tend to sell at a higher price per square foot compared to rental units, especially in competitive markets. With the right multifamily management software , you can efficiently track your units, streamline upgrades, and attract more buyers. If demand is low, selling units could take longer or require pricing adjustments.

IT 52

IT Property Single-Family Home Condominium 52