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How to minimize tenant turnover using online property management tools

Housing Wire

Tenant turnover happens when the current tenants move out of a rental property and the property is now vacant and it needs to be prepared for new tenants to move in. Turnover is one of the most costly aspects of the property management business, with the average turnover costing more than two thousand dollars.

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Motorhomes as Short-Term Rentals: A Unique Opportunity for Landlords and Property Managers

AAOA

For landlords and property managers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. Because your reputation as a landlord or property manager hinges on the quality of your rental units, ensuring that each motorhome is structurally sound and free of major mechanical defects is crucial.

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Finding the Perfect Multifamily Property

AAOA

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Be aware of the down payment requirements and interest rates of conventional, commercial, FHA and VA loans, as they may vary depending on the size of the property.

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How to Buy a Multifamily Property in 10 Steps

The Close

It is generally more straightforward and manageable than purchasing a large commercial property. Multifamily mortgage loans typically require 20% of the property price for a down payment, and there are inevitable maintenance and property management costs. How are multifamily properties valued?

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Unleashing the Power of Robotics and Commercial Real Estate: What's in the Future?

Realty Biz

Modern robotics have become so advanced that they are transforming almost every industry on Earth, including the commercial real estate industry. On top of that, we will likely discover even more ways AI can transform commercial real estate over the next few years. However, we are still in the early days of the AI revolution.

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How to Become a Commercial Real Estate Agent

The Close

Commercial real estate is a dynamic industry that allows you to help businesses find their perfect location. Whether you are looking to switch from residential real estate or are making a new career change entirely, commercial real estate offers many opportunities for growth and financial success.

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What is Commercial Property Insurance? A Complete Investor Guide

The Close

When writing your company’s real estate business plan, remember that commercial property insurance is first-party coverage for your property. Well, let me tell you… What is Commercial Property Insurance? So, what is commercial property insurance? Your investment property will come with a valuation.