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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. First: Leasing has become less profitable, with renters moving less often than they have in previous years. 41% will expand the services they provide. 41% will expand the services they provide.

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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. The IRS makes (typically small) adjustments to the 1099-MISC form each year.

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Rental Property Maintenance Guide For Landlords

Rental Choice

One of the most important is rental property maintenance. Why Is Rental Property Maintenance Important? Property maintenance for rentals is crucial for several reasons. Firstly, proper maintenance is vital for finding good tenants. Secondly, maintenance is crucial to maintain your property’s value.

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Why Pet-Inclusive Housing is a Win-Win for Everyone

Rental Housing Journal

According to the 2024 Grace Hill NMHC Renter Preferences Survey , only 6% of renters say that a propertys pet-friendliness would make them less likely to live there. Faster Leasing and Higher Occupancy Rates Properties that welcome pets experience quicker lease signings.

Insurance 119
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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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A new phase in property management companies’ portfolio growth? [The Lookout]

Buildium

But starting in 2024, weve been seeing early signs of a shift into a new phase of that growth cycle. The Pandemics Impact on Property Management Companies Portfolio Growth All of this represents a continuation of a cycle that started back in 2021.