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Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

These reforms included: Banning minimum lot sizes for ADU construction Eliminating impact fees for smaller ADUs Easing parking requirements Removing owner-occupancy rules Allowing multiple ADUs on certain lots In 2023, Los Angeles County issued over 45,000 ADU permits, much more than the 10,000 permits issued statewide in 2018.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

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6 must-know industry trends for small property managers

Buildium

However, the pace of growth has slowed since 2023, with a majority of businesses planning to expand their portfolios by 25% or less over the next two years. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. Roughly 653,000 people were experiencing homelessness in January 2023. It dropped from 15.3% to just 0.4%.

Apartment 130
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Why Authority Property Management is Your Best Choice for Property Management

Authority Property Management

Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023. We were also honored as the 'Best Business' of 2023 by the Redding Chamber of Commerce by solidifying our position as a trusted partner for both property owners and tenants.

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Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

According to the Metropolitan Indianapolis Board of Realtors (MIBOR), the median home price in Indianapolis rose to approximately $250,000 in 2023, marking a sharp increase from pre-pandemic levels when prices hovered around $170,000. Traditionally known for its affordability, the city has seen home prices climb substantially.

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10 Hottest Topics for Multi-Family Real Estate Investors in 2023

Nest DC

In this article, we will explore the 10 hottest topics for multi-family real estate investors in 2023, providing insights into the trends and factors that are driving investment decisions in this rapidly changing market.