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5 security deposit alternatives to reduce vacancies and attract tenants

Buildium

Decreased vacancies for landlords: Offering flexible options can open the door to more qualified applicants, especially those who might be held back by a large upfront deposit. It’s important to make sure any alternative program you choose complies with your state and local regulations. Some areas may limit use.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees. Youll need to attract and retain quality tenants, establish rent collection processes, conduct regular maintenance and repairs and ensure compliance with local regulations.

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Choosing an apartment management certification: Tips and comparisons

Buildium

Stay Current on Legal and Regulatory Requirements Understanding local, state, and federal regulations reduces legal risks and costly disputes. Leasing and Marketing: Master effective marketing, unit showings, applicant screening, and lease negotiations to attract and keep tenants.

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Everything you need to know about apartment management in 2025

Buildium

Create a detailed monthly budget covering maintenance, staffing, utilities, marketing, taxes, insurance, and office operations. Verify licenses and insurance before work begins. Work closely with your insurance agent to confirm coverage for liability, property damage, rent loss, and legal defense.

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Washington State Rent Control: What Multifamily Property Owners and Investors Need to Know Now

Rental Housing Journal

This could push property values down or lead to higher cap rates for regulated properties. Operating expenses: Understand that while rents are capped under HB 1217, expenses such as insurance, utilities, and property taxes are not regulated and can vary over time.

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Property Management Expansion: Strategies for Successfully Entering New Markets

Zeevou

Each new market has its own regulations, demand, guest preferences, and operational considerations. Finally, familiarise yourself with local laws and regulations governing short-term rentals. Insurance and Liability Considerations Insurance is crucial when expanding your property management business into new markets.

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Mail at Your Airbnb: A Host’s Guide to Guest Mail Requests

Host Tools

Insurance and legal coverage Your homeowner’s or rental insurance might not cover mail-related incidents. Local and state regulations Mail handling regulations vary by location. Federal mail regulations Federal postal regulations govern mail handling in various circumstances.