Bay Property Management Group

MARCH 18, 2025

This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high. This is a huge improvement compared to October 2023, when rates hit a historic 23-year high of 8.01%. This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high.

Property Management

T&H Realty

JANUARY 20, 2025

Its common to see dips in rental rates and the number of homes rented, along with an increase in days on market (DOM). Meanwhile, the number of homes rented? Number of Homes Leased The number of homes leased in Q4 2024 dropped to 348, marking a 39% decrease from 573 homes leased in Q4 2023. It nosedived.

Property Management

RL Property Management

MARCH 12, 2025

In this exclusive investor update , we break down: Rental & pricing trends Where are home values and rents headed? Rental Market Performance The Columbus single-family rental (SFR) market continues to perform strongly, outpacing many other metro areas in both rent growth and occupancy rates.

Single-Family Home

T&H Realty

FEBRUARY 10, 2025

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. The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024.

Single-Family Home

Esquire Property Management Group

FEBRUARY 10, 2025

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing. In San Francisco, the availability rate reached a record 36.3%

Commercial Property

Bay Property Management Group

FEBRUARY 9, 2025

Rent increases are a thorny issue for tenants and landlords alike. Naturally, tenants want to be able to afford their homes without being left to pinch pennies. With that considered, what is a reasonable rent increase in 2025? Main Takeaways: The average rent increase is 3 to 5%.

Rent

American Apartment Owners Association

JUNE 20, 2025

million people worldwide from their homes, according to a 2023 report by the Internal Displacement Monitoring Centre. After the 2023 Maui wildfires, homelessness in Hawaii rose by 87%. In 2023, insurers lost money on homeowners’ coverage in 18 states — more than a third of the country — according to a New York Times analysis.

Insurance

American Apartment Owners Association

DECEMBER 16, 2024

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

Tenant

Buildium

NOVEMBER 25, 2024

We’re still seeing the downstream effects of the Fed’s interest rate increases, as well as softening rent growth, cascade through the development sector. (A A similar trend is expected to play out in the build-to-rent sector.) million new households were created throughout 2023—down from 2.3 What else is driving rental demand?

Property Management

Buildium

OCTOBER 28, 2024

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. In 2024, tenant quality emerged as the #1 concern for property management companies. Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%.

Property Management

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. If you rent equipment or vehicles, the rent you pay is fully deductible. If you rent equipment or vehicles, the rent you pay is fully deductible. Mistake #5: Waiting to File 1099s We get it.

Property Management

Bay Property Management Group

JANUARY 6, 2025

To be specific, these tenancies can range from a few weeks to a few months, depending on the tenant’s needs. Moreover, they reported that in 2023, remote workers were 9% more likely to plan on moving to a new home than in-person workers were. You have the flexibility to adjust the rent after a tenant vacates.

Property

Rental Choice

MARCH 5, 2024

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. million) spent over 30% of their income on utilities and rent. Roughly 653,000 people were experiencing homelessness in January 2023.

Apartment

Authority Property Management

JULY 19, 2024

Discover Key Trends and Strategies to Enhance Tenant Stability and Boost Investment Returns in Shasta County At Authority Property Management , we understand the importance of tenant stability for real estate investors, particularly in Shasta County. years) 2023: 337 days (about 0.9 years) 2023: 337 days (about 0.9

Tenant

American Apartment Owners Association

SEPTEMBER 30, 2024

John LLP As a legal expert specializing in landlord-tenant law, Tracey Merrell is dedicated to helping landlords stay compliant with Californias complex eviction process. Understanding and complying with these laws is crucial for avoiding fines and ensuring tenant safety. Tracey Merrell, Esq.

Litigation

Fourandhalf

JANUARY 16, 2025

When someone who has just inherited a home needs help renting that home out, theyre not going to go online and search for a property management company. Instead, theyre going to go online and search how to find a tenant or how much rent to charge. Property management content is not selling your business. They can give you words.

Property Management

Authority Property Management

SEPTEMBER 12, 2024

Whether you're a property owner looking for peace of mind or a tenant seeking a seamless renting experience, we pride ourselves on being the team that delivers. Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023.

Property Management

Nest DC

MAY 17, 2023

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. still remains a challenging environment for many prospective tenants in 2023, as high demand and limited affordable options persist.

Rental Income

Authority Property Management

SEPTEMBER 18, 2023

A special highlight for us in August: Authority Property Management marked the successful renting of 51 units! A plethora of options has meant prospective tenants are becoming choosier. With rent prices responding to these shifts, it's a delicate dance between affordability and ambiance.

Property Management

Authority Property Management

AUGUST 15, 2023

Uncover market trends, tenant preferences, and celebrate exceptional achievements while we guide you through the dynamic world of property management and rentals. During Covid, we saw elevated rent prices and super low inventory. On average, these tenants are evaluating approximately three units before submitting their applications.

Property Management

Nest DC

SEPTEMBER 7, 2022

The moment you engage in conversation with a prospective tenant, they have rights. Fair treatment of tenants doesn’t just start at the time of reviewing an application; it starts with your rental listing going live. You may have even heard the phrase “professional tenant,” and yes, we’ve dealt with them, too.

Applicant Screening

Nest DC

MAY 10, 2023

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. Understanding and complying with these regulations is crucial to ensuring a smooth operation and avoiding legal issues.

Real Estate

Nest DC

APRIL 5, 2023

A property management team will specialize in tenant management and timely communication, building maintenance, legal processes, and financial management. Increased Tenant Retention and Decreased Vacancies One of the biggest wins when working with a property management company? Boosted tenant retention rates!

Property Management

Authority Property Management

OCTOBER 18, 2023

This fervor culminated in successfully renting out 31 properties. Your properties, matched with the right tenants, are our success stories. Applications and Rentals: September was buzzing at our desks, with a whopping 140 applications processed.

Property Management

Authority Property Management

SEPTEMBER 13, 2024

Income Thresholds and Deduction Limits The deduction is available for landlords with taxable income up to $182,100 for singles and $364,200 for married couples filing jointly (as of 2023). For example, properties rented under a triple net lease, where the tenant is responsible for property taxes, insurance, and maintenance, do not qualify.

Landlord

Florida Property Management

JULY 3, 2023

APPROPRIATION: $711,000,000 Effective Date: Except as otherwise expressly provided in this act and except for this section, which shall take effect upon becoming a law, this act shall take effect July 1, 2023 Last Action: 3/30/2023 - Chapter No.

Government

Gordon Property Management

AUGUST 8, 2024

What you have to budget for, however, are the property taxes that you’re required to pay on any units, homes, or buildings that you’re renting out. Income Taxes for San Francisco Landlords You’ll need to pay tax on any profit you earn from renting out a property. For the fiscal year 2023 – 2024, the amount is $59.00

Landlord

Nest DC

OCTOBER 18, 2023

This means not getting attached to doing things the same way every year or always expecting a hefty rent increase. Often, the most important thing to keep your portfolio stable is minimizing vacancy, even if that means offering incentives or negotiating with tenants to keep them on track to renew their leases. Waiving a move-in fee?

Lease

Esquire Property Management Group

NOVEMBER 30, 2023

Silicon Valley Office Market In the third quarter of 2023, the iconic Silicon Valley commercial real estate office market faced ongoing challenges. Despite a 90 basis points increase in the overall vacancy rate to 12.5%, average asking rents remained surprisingly near historic highs at $5.37 The slight decrease in asking rents, down 0.9%

Real Estate

Gordon Property Management

JUNE 13, 2024

San Francisco is known for its complex rental laws and tenant protections. Staying compliant with all of the federal, state, and local laws as well as the shifting requirements of the Rent Board is essential when you invest in rental property here. The Rent Board establishes the allowable amount and enforces your rental increases.

Property

Rental Housing Journal

FEBRUARY 14, 2025

Class B renters moving up “The multifamily sector is experiencing a trickle-down effect where Class B renters are being pulled up into Class A properties due to heavy concessions, potentially creating riskier tenant profiles across property classes. However, similar expectations have persisted since 2023.

Consulting

MRI Software

DECEMBER 9, 2024

Knowing how to manage these costs effectively is essential for keeping your property profitable and tenants happy. In this guide, well explore the typical operating expenses for multifamily properties, key factors contributing to expense growth, and the financial impact on both landlords and tenants.

Management

Gordon Property Management

MAY 9, 2024

Rental property insurance, which is often referred to as landlord insurance, is designed to cover the unique risks associated with renting out property. Your tenant or your tenant’s guest may trip on some stairs. You may need to relocate your tenant during a major repair. Kiplingers, 2023).

Insurance

Muldoon Associates

MARCH 7, 2024

That’s delivered a large population of tenants into our market. Our property management insights for 2024 are around technology, tenant demand, and remote work. We’ll continue doing what we’ve always done best while we adapt to the needs and demands of the market and our owners and our tenants. That doesn’t look as likely, now.

Property Management

Property Management Inc.

JANUARY 14, 2025

From evolving tenant preferences to the ripple effects of economic policies, understanding these trends will give landlords, property managers, and rental investors the insights needed to make informed decisions. This trend and moderate home sales leave renting the most viable option for millions of households.

Rental Property

MRI Software

MARCH 6, 2024

Resident retention is a measure of a property’s ability to keep its tenants over time. It reflects how successful the landlords and property managers are at encouraging tenants to renew their leases rather than moving elsewhere. In the United States in 2023, the average resident retention rate was 56%.

Tenant

Authority Property Management

NOVEMBER 19, 2020

A squatter is someone who neither owns property nor pays rent to reside there. Is a holdover tenant a trespasser? A holdover tenant is one that remains on the property after their lease has expired. As a landlord, you have two options when it comes to holdover tenants. Consider renting the property to them.

Tenant