Remove 2024 Remove Single-Family Home Remove Tenant
article thumbnail

6 top property management growth strategies for 2025 and beyond

Buildium

Once you make contact, highlight how your services can reduce their workload, improve tenant retention, or increase their rental income. 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.

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%

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.

The primary goal in commercial property management is to maintain property performance while supporting tenants' business needs. For example, retail shops often require tenant-specific customizations, while office spaces need extensive infrastructure to support daily business operations. Each type comes with unique challenges.

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

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

Airbnb Investment: 101 Guide

Hospitable

As of June 30, 2024, Airbnb boasts 8+ million active listings. In 2022 alone, hosts in the US collectively earned approximately $22 billion by opening their homes to travelers. In 2024, the typical US host earned $15,000 over the year. Investing in Airbnb rentals can offer substantial rewards, but it also has some challenges.

article thumbnail

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. In single-family rentals, HVAC issues can be a leading cause of tenant dissatisfaction and result in costly, unexpected repairs for property managers.