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Buying A Duplex: What You Need to Know

Bay Property Management Group

Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. Think of it like two apartments under one roof. What Is a Duplex?

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Dodson Property Management was my professional home from 2009 until we sold the company a few years ago. By the time we sold, we were managing over 4,000 single family homes and apartment units, plus 17,000 doors for HOAs. What truly sets our designations apart, though, is the emphasis on engagement.

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What is a Duplex?: A Guide for Real Estate Beginners

Bay Property Management Group

Since each unit has separate utilities, tenants are only responsible for paying for their own usage. Benefits of Investing in Duplexes Duplexes have numerous benefits, including: More Bang for Your Buck Duplexes tend to cost less than single-family homes because they share spaces.

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What Insurance Do I Need If I Rent Out My House?

Bay Property Management Group

Additional protections can safeguard you against specific risks , such as flood insurance for properties in flood-prone areas, vandalism coverage, and tenant discrimination protection. For example, you can purchase coverage for vandalism, legal fees, or tenant-related issues. Homeowners insurance wont cover the lost rent.

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Townhouse vs. Apartment: Which Is Right For You?

Bay Property Management Group

In your search for a new home, youre bound to come across samey-looking spaces, like a townhouse vs. apartment. Content of This Article What is a Townhouse vs Apartment? Key Differences Between a Townhouse vs. Apartment What Is a Townhouse vs Apartment? Apartment What Is a Townhouse vs Apartment?

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8 practical use cases for AI in property management that you can try today

Buildium

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.

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Is Buying a Small Apartment Complex in LA a Good Investment?

InveServe

For many, owning a small apartment complex in Los Angeles comes with excitement and uncertainty. Understanding whether this decision is right for you starts with looking at the facts , the opportunities , and the challenges of owning a small apartment complex in LA. Here are the key factors to assess: 1.