GeekEstate

JULY 30, 2021

One key way to future-proof your property management business is to use the right technology. Is it time to explore new property management technologies? . If growing your property management business is your ultimate goal, finding ways to save both money and time are critical.

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The Close

MARCH 14, 2025

Investors benefit from hiring a property manager to handle maintenance and daily responsibilities, allowing them to focus on more investments and personal interests. When learning how to hire a property manager, its essential to define your needs and budget. What type of communication do you prefer? Direct deposit?

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AAOA

FEBRUARY 6, 2025

Building and Safety Codes Your rental property must meet certain standards. For example, depending on your towns laws, an inspection may be required to receive aCertificate of Occupancy. Property Managers : Property managers can handle all aspects of rental property management, from collecting rent to preparing tax information.

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AAOA

FEBRUARY 4, 2025

For landlords and property managers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. Ensuring Safe and Reliable Vehicles Just like any property you list, motorhomes require upkeep and verification to deliver a reliable, worry-free experience.

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Realty Biz

OCTOBER 22, 2021

Being a property owner comes with its advantages, but it can also come with a lot of stress and headaches. It’s no surprise that many owners turn to a property management company to handle their vacancies, tenants, finances, maintenance, and much more. Property Value Market Diagram Concept.

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Realty Biz

DECEMBER 12, 2021

But before getting to this point, you need to decide how to carry out the daily running of your property. The two options here are to self-manage and oversee everything from searching for tenants, handling tenant contracts, collecting rent, and overseeing repairs and maintenance. Pros Of A Professional Property Management.

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App Folio

SEPTEMBER 11, 2020

Regular inspection of your rental properties is vital. If you don’t conduct inspections often enough, you may miss some potentially serious and costly problems that could have otherwise been avoided. When to Perform a Rental Inspection. This is also called a “move-out inspection.” Why Inspections are Important.

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Bigger Pockets

JUNE 7, 2024

As a landlord, conducting inspections for rental properties is essential. Without these, you never truly know what’s happening inside your property. Here's how.

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App Folio

APRIL 10, 2020

With residents in their homes, property managers have had to rethink how they handle repairs and enact new policies to keep their residents, technicians, and vendors safe. Many property managers have also had to rely on mobile technology in order to keep their properties well-maintained and fulfill requests.

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AAOA

JANUARY 27, 2025

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? Get started by viewing .

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McKissock

FEBRUARY 7, 2021

Property management can be a rewarding investment, but all too often property owners don’t realize how complex this investment can be. Property management often involves detailed agreements and a diverse clientele, which means that there is a lot of room for error. Mistake #1: Not screening tenants.

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Housing Wire

JUNE 18, 2021

All of these markets benefit from an accurate understanding of valuation and property characteristics, but the data sources that power them leave out a crucial component: property condition. HousingWire: Why, in today’s market, is property condition data more important than ever? The waning pandemic in the U.S.

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Real Trends

APRIL 11, 2023

Thanks to advancements in technology, the property management industry has undergone a significant transformation. With the growing demand for property management services, tech has played a vital role in streamlining various processes in the industry. One is the rise of virtual reality and augmented reality.

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The Close

NOVEMBER 25, 2024

In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. What Is Multifamily Property? Before diving into the steps, let’s review a multifamily property.

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AAOA

MARCH 24, 2025

Investing in multifamily properties is an excellent way to grow your portfolio and generate steady passive income. After finding the right property, conduct a thorough inspection and review its financials to ensure it meets your criteria. A multifamily unit refers to any property with more than one residential unit.

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AAOA

MARCH 13, 2025

This guide covers thefive most common property management mistakesand how to avoid them. A dripping faucet becomes skyrocketing water bills; an unattended roof leak becomes interior flooding, significantly reducing a propertys value. Many property owners recommend reserving1%-4% of the propertys value for maintenance.

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The Close

NOVEMBER 7, 2024

Investing in real estate may seem as simple as buying a property and collecting money, but it is far more complicated than that. Build a network of reliable professionals like real estate agents, contractors, and property managers. Buy and hold: This real estate investing strategy involves keeping properties long-term.

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CT Homes

MARCH 8, 2021

Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision?

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Realty Biz

APRIL 4, 2023

Property managers need all the tools they can get to run their businesses successfully. One of the most useful of these tools is undoubtedly a solid and reliable property management software platform, one that offers not just deep levels of functionality but also one that’s easy to use and access from anywhere.

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Norada Real Estate

FEBRUARY 2, 2023

You don't have to tell us, finding a good property management company is hard. When we first started investing in residential real estate we went through several property managers, struggling to find one that was truly exceptional. General Property Management Questions 1) How long has your company been in business?

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The Close

MARCH 12, 2025

Buildium is a property management software with an integrated accounting system. The software has everything a landlord or property manager needs to manage their portfolio effectively. 5 We highly recommend Buildium for its robust functionalities that streamline property management and make it more efficient.

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AAOA

JANUARY 20, 2025

From ensuring tenant satisfaction to handling maintenance issues and complying with legal requirements, property management involves various tasks that demand organization, knowledge, and a proactive approach. Here are the general basics.

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App Folio

AUGUST 7, 2020

From collecting rent to facilitating repairs, as a property or community association manager, you juggle a lot when it comes to managing your business’ operations. Advantages of Using a Property Management Maintenance Answering Service. Staying On Top of Property Maintenance.

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Realty Biz

SEPTEMBER 25, 2022

Those who have attempted to manage a rental property on their own will find that it is not difficult to hire a qualified rental property management agency. In today’s day and age, having a property manager is not only recommended but required. Getting quality tenants. Fewer legal issues.

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App Folio

MARCH 23, 2020

COVID-19 continues to affect all facets of life for property managers, owners, and residents. To better understand how COVID-19 is impacting the real estate industry, AppFolio recently surveyed 3,533 property management professionals nationwide. This post was updated on April 6, 2020.

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Rent, Buy & Sell

FEBRUARY 21, 2021

If you are a first-time investor or not aware of valuable services provided by Property Management Company then property management fees might seem intimidating to you. But when you got to know about the different services offered by a property management team you will automatically realize that fees are reasonable.

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The Close

JANUARY 16, 2025

However, eviction is sometimes necessary to protect your property and avoid legal headaches. Whether its unpaid rent or property damage, knowing how to evict a tenant involves understanding eviction laws, processes, and effective communication. Without evidence, proving your case is more complicated and could delay eviction.

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GeekEstate

SEPTEMBER 21, 2022

When I first started out investing in rental properties and managing them myself, nothing drove me crazier than fumbling through stacks of receipts every month and using spreadsheet after spreadsheet to try and keep track of each property. They say time is money, which means time is our most valuable resource as landlords.

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AAOA

JANUARY 27, 2025

These documents, often referred to as a lease letter, make it easier for tenants to prove that theyve separated from a property. It also serves as proof of separation should atenantface any post-lease fees or expenses unrelated todamage throughout the property. The easiest way to do this? Draft a non-renewal lease letter.

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HomeLight

DECEMBER 27, 2024

Financial strain: Financial difficulties may make selling your property the best solution. Inherited property: Managing an inherited home in Livonia can be challenging, making a quick sale a practical choice. Life changes: Divorce or other major transitions may require selling a shared property for a clean division.

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AAOA

FEBRUARY 13, 2025

Californias balcony inspection laws, SB721 and SB326 , are reshaping how property owners and HOAs approach building safety. The deadline for SB 326, which applies to condominiums and HOA-managed properties, has officially passed. Book Your Inspection Today Before Slots Fill Up! Why Choose DrBalcony?

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AAOA

JANUARY 30, 2025

Theres an easy way to avoid both of these problems: Inspect your faades, great or small, and everything attached to them, on a regular basis. The scheduling of inspections is generally dictated by local government and other regulatory agencies, as well as lenders. These incidents are always terrifying; sometimes theyre deadly.

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AAOA

FEBRUARY 17, 2025

This guide will explore essential strategies, benefits, and tips for successfully investing in multifamily properties, particularly for passive investors. Evaluate Property Management Decide whether you will manage the property yourself or hire a professional management company.

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Redfin

MARCH 5, 2025

Regardless of your location or background as a vacation rental property owner, theres one thing you all have in common: the drive for more 5-star ratings. Guests who leave 5-star reviews are more likely to book again, share their experience on social media, and refer your property to friends and family. stars or lower.

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Rent, Buy & Sell

JULY 6, 2021

In light of social distancing rules, traditional home inspections like open houses have drastically reduced or come to a halt. But on the downside, few technologies can provide likely buyers with the same experience as a physical inspection. However, amid a pandemic, digital inspections offer a quick and convenient solution.

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The Close

MARCH 11, 2025

Thats why mid-term rentals have become an increasingly popular option for landlords to offer with their rental properties. While it is always a risk, these tenants are more likely to respect the property and reduce the risk of major damages upon move-out. What Is a Mid-term Rental? Who Is a Mid-term Rental Best for?

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The Close

NOVEMBER 20, 2024

Over time, rental properties naturally show signs of aging and regular use, also known as normal wear and tear. I’ll explore what’s considered normal wear and tear for rentals​ versus damage, how to document and deduct damage expenses from a security deposit, and how property management tools can automate payment and costs.

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