article thumbnail

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

Buildium

Bloomington ranked in position #18 on Buildium’s list of up-and-coming real estate markets in 2025 due to its strong rent growth, vacancy rate, cap rate, and property price appreciation throughout 2023 and 2024. Asking Rent (Q3-’24): $1,153 Effective Rent (Q3-’24): $1,147 Multifamily Vacancy Rate (Q3-’24): 3.8% GDP Growth (2022): 4.4%

article thumbnail

6 top property management growth strategies for 2025 and beyond

Buildium

For example, Buildium Marketplace partner Beekin analyzes data from over 15 million rental units to quickly give you rent estimates for apartments, single-family homes, and condos. As a property manager, you can help your clients keep up with market rent by sharing reliable rent data. ROI), entry door replacements (188.1%

Insiders

Sign Up for our Newsletter

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

article thumbnail

Differences Between Commercial Property Management vs Residential Property Management

Property Management Inc.

Residential Property Management Residential property management focuses on managing properties where people live, including single-family homes, multi-family housing, and apartment complexes. They cater to consistent demand for living spaces, whether single-family homes or apartments.

article thumbnail

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

T&H Realty

Rent Growth vs. Operating Expenses: The Profitability Squeeze While home prices have soared, rent growth has barely kept up. The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024. This marks only a modest increase of $75 compared to the previous year.

article thumbnail

HOA Facts And Figures 2025

HOA Managememt

growth from 2024, highlighting how HOA-style living remains popular. This means that when people refer to “HOAs,” they’re generally talking about the broader category that includes both single-family homes and condos. million homes located in HOAs, representing 37% of its total housing stock. This represents a 10.8%

article thumbnail

Florida Short-Term Rental Laws 2025: What Property Managers Need to Know

Avantio

Tug-of-War Between State and Local Regulations In 2024, Senate Bill 280 and House Bill 1537 proposed extensive reforms: SB 280 and HB 1537 are meant to centralize vacation rental regulations through the Florida Department of Business and Professional Regulation (DBPR). Preemption Clause (F.S.

article thumbnail

Buying Property in Harrison Hot Springs

Lifty Life

Single-family homes Detached homes offer more space and privacy, often with yards and room for future expansion or suites. New Developments in Harrison Hot Springs Oasis (Completed 2024) A boutique 28‑unit luxury condo building at 470 Esplanade Avenue offers sleek, modern finishes designed for ease of short‑term rental.