article thumbnail

How to find the best rental property accounting software for landlords

Buildium

Managing rental properties involves more than just collecting rent and maintaining the property. One of the most important aspects of property management is keeping track of financial transactions, monitoring expenses, and ensuring taxes are filed correctly.

article thumbnail

How to Minimize Vacancy Rates in Your Rental Properties

Young Management

Vacancy rates are one of the most significant concerns for property owners and landlords. A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Contact Young Management today to discuss how we can help streamline your rental business and minimize vacancies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Preparing your tiny home for tenants The aesthetics and style you choose for your tiny house rental property can have an impact on the type of renters you attract. How to start a tiny home rental business Many rental property owners choose to create an LLC for its tax advantages and protection from personal liability.

Landlord 255
article thumbnail

Eliminating Pet Odors: A Guide for Rental Property Owners

Real Property Management Chicago

It can be difficult to deal with a smelly rental property, particularly if your new tenants don’t own pets or are extremely sensitive to pet odors. Pet odors can be difficult to eliminate from a rental property, especially if the tenant has occupied it for an extended period of time or if the pets have caused significant damage.

article thumbnail

Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

High Rental Demand With a growing population and a high percentage of residents, Long Beach offers a strong rental market. The citys housing shortage has led to rising rents, making rental properties an attractive investment option. Competition – A high number of rental units can lead to price variations.

article thumbnail

How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Why Vacancy Rate Matters for Landlords Before diving into the details, lets define vacancy ratesimply put, its the percentage of vacant units compared to your total rental units. Honestly, you dont need to be a financial expert to understand that empty rental units are directly affecting your ROI.

Landlord 147
article thumbnail

Keeping Up With Rental Property Maintenance

American Apartment Owners Association

Being a rental property owner can be a highly rewarding experience, but it does come with its own responsibilities. Read on to learn more about how you can ensure your rental property maintenance is handled properly. What is rental property maintenance? Follow HOA rules where applicable.