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Indianapolis Property Management Update: Rental Statistics Q4 2024

T&H Realty

We expected two out of those three trendsbut rental rates actually increased in Q4 2024. 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. To put this in context, Q3 2024 saw 798 homes leasedmore than double Q4s total. It nosedived.

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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%

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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.

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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. It’s important to balance this data with the need to stay fair and accommodating toward tenants. You can also explore charging tenants for ancillary services to boost revenue.

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How Professional Real Estate Photography Leads to Better Tenants

Property Management Inc.

But what if that same magic could help you attract better tenants for your rental property? Professional real estate photography isn’t just about glamorizing a space for its own sake; it’s a powerful tool and strategy that turns potential tenants into committed renters. Professional photos make this dream more realistic.

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6 Benefits of Owning A Home in Philadelphia

Bay Property Management Group

As of 2024, the average monthly rent in Philadelphia is approximately $1,625. For renters, we work 24/7 to respond to maintenance requests, protect tenant rights, and just overall create spaces that truly feel like home. If you want to live in an up-and-coming area, or invest in it, those are some of the best places to look at.

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Can You Deduct Your Own Labor on a Rental Property, Answered

Bay Property Management Group

Even though you cant claim a tax deduction from your hands-on work, it increases your propertys appeal and market value, which can attract better tenants and higher rent in the long run. And heres a bonus the IRS mileage rate for business use was 67 cents per mile in 2024 and went up to 70 cents per mile in 2025.