Remove 2024 Remove IT Remove Rent
article thumbnail

Rental Yield: What It Is and How It’s Calculated

Bay Property Management Group

It compares your property’s income to its market value, showing how much of that value you’re getting back in the rent each year as a percentage. On the other hand, if your rental yield is too low, that might indicate you need to raise the rent to increase profitability. as of 2024.

IT 130
article thumbnail

The 5 best rental markets in Florida for investors & property managers in 2025

Buildium

Well share rental market statistics for each city, including inventory growth, rent growth, vacancy rates, cap rates, and property price appreciation. Tallahassee, Florida Rental Market Statistics Rental Inventory (Q2-24): 23,843 Units Added Since Q2-23: +906 Asking Rent Growth Since Q2-23: 2.8% Multifamily Cap Rate (Q2-24): 6.7%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 5 best rental markets in New York State for investors & property managers in 2025

Buildium

Alongside the many positive factors that may pique real estate investors interest, there are three considerations that you may want to keep in mind when considering investing in New York State: Regulatory environment: Passed in 2019, the states Housing Stability and Tenant Protection Act dictates how landlords can operate rent-regulated units.

article thumbnail

Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

Rent 96
article thumbnail

Rents Decline Again In January- Have They Hit Bottom?

Rental Housing Journal

Nationwide rents declined again in January for the sixth month in a row, according to the February report from Apartment List. Rents fell 0.2% in January a month that typically marks the bottom of the rental market each year, before rents start to rise in the spring. Year-over-year growth also remains negative at -0.5

Rent 73
article thumbnail

1099 forms for property management: Everything you need to know (2024 update)

Buildium

For 2024, the form looks like this: What Is a 1099-NEC form? To give you an idea of what to expect, the form for 2024 looks like this: 1099 Exemptions for Property Managers There are a few scenarios in which property managers are exempt from filing a 1099. But it’s still an essential part of 2025 planning.

article thumbnail

Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. This has put pressure on two other services to generate more revenue to make up for the income theyve lost: rent collection and maintenance. 41% will expand the services they provide.