American Apartment Owners Association

DECEMBER 16, 2024

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Let’s explore actionable tips to minimize tenant turnover and boost your retention rates.

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Tenant Lease Property Management Property Manager 234

Real Property Management Chicago

JANUARY 20, 2023

To answer this question, here are a few recent statistics about rental property management that provide valuable insight into the practices of rental property owners nationwide. Million Rental Units Of the approximately 50 million rental housing units in the United States, around 41% – or 20.5

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Property Management Property Manager Management Property 130

BiggerPockets

JUNE 16, 2024

Most real estate investors wait to save significant down payments on every property to grow their portfolios. But twenty-four-year-old Greyden Piechnick didn’t have time to wait. He knew creative financing […]

Finance 58

Finance Rental Unit Real Estate Property 58

BiggerPockets

MARCH 15, 2023

Eric Quinn turned $500 into over forty rental properties without rich relatives, a winning lottery ticket, or a magic genie. Like many investors after the 2008 crash, Eric was left […]

Rental Unit 64

Rental Unit Rental Property Property Real Estate 64

BiggerPockets

APRIL 2, 2024

In just four years, Dylan Osmon went from having no job, barely any money, and no real estate investing experience to owning over one hundred rental units. How’d he do […]

Rental Unit 91

Rental Unit Real Estate 91

American Apartment Owners Association

SEPTEMBER 13, 2022

Many more rental units are affected by this program and are what most people think of when they consider New York City rent-controlled housing. there are rent control laws that affect some rental units. This can decrease the rental unit value over time. It limits rental housing investments and developments.

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Rent Rental Unit Landlord Regulation 130

BiggerPockets

SEPTEMBER 20, 2023

By the time Ryan was thirty, he already had twenty-one rental units, paid […] Ryan Tseko became a multifamily millionaire by his mid-thirties after giving up his previous career to invest.

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Rental Unit Real Estate 91

BiggerPockets

OCTOBER 18, 2023

Luke Carl’s real estate “gateway drug” took him from one home to three hundred rental units in record time—and it can do the same for you. What started as a […]

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Rental Unit Real Estate Property IT 91

BiggerPockets

OCTOBER 31, 2023

Buying eight rental units in under one year—how is that even possible? By the time you’re done with this episode, you’ll know how to fund any rental property purchase, no […]

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Rental Property Finance Rental Unit Property 90

Buildium

JANUARY 13, 2025

What happens if your owner needs coverage for their rental units, but not for the possessions inside? Thats where dwelling fire insurance for rental properties may be able to help.In But are landlord and renters insurance the only options out there?

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Insurance Property Management Property Manager Landlord 246

BiggerPockets

OCTOBER 16, 2021

Five short years ago, Avery Carl didn’t own ninety-six rental units. She didn’t have her real estate license, she hadn’t founded The Short Term Shop or The Mortgage Shop, and […].

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License Rental Unit Real Estate 85

BiggerPockets

SEPTEMBER 16, 2021

Validating an emotional support animal (ESA) allows tenants with a disability to keep an animal in a rental unit. But landlords face the challenge of making sure the ESA letter is genuine.

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Rental Unit Landlord Tenant Rental Property 85

Real Property Management Chicago

FEBRUARY 8, 2024

To mitigate the potential issue of pet odors, it is advisable to install air purifiers in communal spaces of the rental unit. Limit the number and size of animals : Keep odors and damage under control by restricting the size and number of pets allowed in rental properties.

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Rental Property Property Rental Unit Property Management 130

Buildium

JANUARY 10, 2025

Multifamily property management software is a comprehensive tool designed to help you oversee multiple rental units with less effort, whether youre focused on a single property or have a portfolio with buildings spread across several locations.

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Property Management Software Property Management Property Manager Management 243

Rental Choice

AUGUST 6, 2024

However, both federal and state laws have something to say about smoking — even in private spaces like rental units. In addition, landlords may prohibit smoking under the rental agreement and an apartment smoker will face consequences should they ever break the rules.

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Apartment Tenant Lease Agreement Regulation 130

Rentals United

JULY 12, 2024

How Automated Reviews Work Rentals United offers a solution to the time-consuming task of managing Airbnb reviews for hosts with our automated review feature. After a guest’s reservation ends, Rentals United sends you an email reminder with the review and rating for the guest you have prepared. Let’s Talk.

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Airbnb Rental Unit Management Airbnb Property 52

BiggerPockets

MARCH 29, 2023

Twenty-eight rental units before turning twenty-eight years old? That takes some SERIOUS drive. But after talking to Jake Radawick, the whole story makes much more sense. Within three years, Jake […]

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Rental Unit IT Real Estate 67

Beach Front Property Management

JANUARY 15, 2025

Additionally, a homeowner’s rental unit insurance usually does not cover resident belongings. Homeowners typically are not responsible for damage to a resident’s personal property caused by wildfires or other natural disasters. Residents are encouraged to obtain renters insurance to protect their personal property.

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Insurance Property Attorney Transportation 147

Rentals United

DECEMBER 18, 2024

With Rentals Uniteds Screen & Protect , you can. Why Vacation Rental Damage Protection Matters As a property manager, youve likely encountered situations where a guest causes damage. If they dont, Rentals United alerts you so you can take action before their stay begins. How Does Screen & Protect Work?

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Rental Unit Property Management Property Manager Insurance 52

Rental Choice

MARCH 5, 2024

Moreover, there has been a dwindling supply of low-cost rental units. Yes, many new apartments may become available according to the 2024 rental market predictions. Moreover, property owners have repaired many existing units to minimize the problem. Among cost-burdened households, there were 12.1

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Apartment Rent Rental Unit Property Management 130

Rental Choice

APRIL 4, 2024

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. Factors to Consider: How Much Should I Charge for Rent?

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Apartment Rent Landlord Rental Property 130

BiggerPockets

JULY 13, 2022

Building a rental property empire isn’t easy. Whether you dream of owning five, ten, or two hundred rental units, there is a way to get there—you just need to know […].

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Rental Unit Rental Property Property Real Estate 65

Rentals United

NOVEMBER 19, 2024

One of the biggest and most present fears you may have as a property manager overseeing vacation rentals is trusting that your guests will respect your property and not cause any damage. When someone makes a booking, Rentals United either approves the guest or alerts you if they don’t pass our verification process.

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Rental Property Rental Unit Property Insurance 59

MaidThis

OCTOBER 14, 2024

The Importance of Turning Your Airbnb Rental into a Moneymaker It’s safe to assume that the primary reason you invested money in a rental unit had everything to do with making money. In a competitive vacation rental market, listing your home through Airbnb gives you certain advantages.

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Airbnb Rental Unit Rental Income IT 87

BiggerPockets

JANUARY 18, 2022

And how can you ensure that the pet is a good fit for your pet-friendly rental unit? What are the pros and cons of renting to pet owners? What questions should a pet application include? Read on to find the answers to these questions—and more. .

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Rent Rental Unit Applications Applicants 64

Real Property Management Enterprises

SEPTEMBER 13, 2024

As with any rental property investment, the location of your multi-family home plays a vital role in its success. Areas with high demand for rental units can help you keep your units occupied and reduce vacancy rates. Search for properties in areas with robust job growth and good population density.

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Single-Family Home Property Finance Rental Unit 92

BiggerPockets

MARCH 7, 2023

Twenty-four rental units in two years! It’s possible, but only if you’re using the same principles that today’s guest has employed. With house hacking, HELOCs, the 80/20 rule, and a […]

Rental Unit 60

Rental Unit Real Estate 60

BiggerPockets

JANUARY 31, 2022

That's because, after a tenant vacates the rental unit, you typically want to rent it out to a new tenant as quickly as possible. Getting rid of bad smells after a tenant moves out is one of the unpleasant parts of being a landlord.

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Tenant Rental Unit Landlord Rent 64

BiggerPockets

MAY 5, 2022

How many rental units do you want? Depending on who you ask, the number of rental properties can differ dramatically. A young investor may be looking to scale their portfolio […].

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Rental Unit Rental Property Property Real Estate 57

American Apartment Owners Association

OCTOBER 18, 2024

The Importance of Occupancy Limits Occupancy limits are established to maintain safety standards and prevent overcrowding in rental units.

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Compliance Lease Agreement Property Management Property Manager 132

California Pacific Realty

SEPTEMBER 16, 2024

Did you know that regular rental property inspections can not only preserve the value of the property but also contribute to a more positive landlord-tenant relationship? A well-maintained rental unit is not just about aesthetics; it’s about making sure safety, comfort, and habitability for all occupants.

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Landlord Rental Unit Compliance Lease Agreement 52

Rentals United

OCTOBER 30, 2024

At Rentals United, we released an Automated Messaging feature, in addition to our Unified Inbox tool, to help property managers save time, reduce errors, and enhance the guest experience. Automated messaging is available as a standard Guest Communication feature with Rentals United. Already a Rentals United customer?

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Rental Unit Property Management Property Manager Management 52

Rental Housing Journal

JANUARY 16, 2025

Increase pet weight limits or remove them altogether There is no evidence that larger pets cause more damage to rental units. This makes it harder to hold all pet owners accountable to community guidelines.

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Rental Property Property Apartment Rent 98

Rentals United

AUGUST 19, 2024

How to use Request to Book on Booking.com with Rentals United Rentals United offers the Request to Book feature for properties listed on Booking.com. Upon receiving a booking request, it appears in Rentals United in blue and does not block the calendar’s availability immediately. Book a demo!

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IT Rental Unit Property Airbnb 52

Real Property Management Chicago

JUNE 24, 2022

Proptech may make it easier for landlords to fill vacant units, but it could also lead to higher rents and/or security deposits. For renters, proptech may make it easier to determine and apply for rental units, but on the other hand, it could also cause the same issue of higher rents and/or security deposits.

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Rental Property Electronics Property Management Software Property 130

Appfolio

JULY 13, 2020

Many property managers still call around for rental comparisons within their area to find an accurate price. By pairing your rental units against comparable units in the area, these tools will tell you if you should raise or lower your rent for your properties.

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Lease Applications Applicants Property Management 264

Bay Property Management Group

DECEMBER 9, 2024

Regulations Local housing laws have a big impact on the rental market. When this happens, fewer rental units are available, which raises rates in regions with high demand. Seasonal trends play a key role in rental prices and availability. Ready to Find Your Perfect Apartment?

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Apartment Rent Regulation Lease 147