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6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? Why Transition to Rental Property Investment?

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Understanding the 1031 exchange timeline: A step-by-step guide for property managers

Buildium

This powerful tool allows property managers and investors to defer capital gains taxes by reinvesting the proceeds from the sale of an investment property into a like-kind property. Increased Buying Power: With more capital to invest, property managers can acquire higher-value properties or multiple properties.

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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. Property management Consider the management demands of the property and whether you have the time and energy to deal with them yourself.

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Best simple lease agreement templates for residential properties

Yardi Breeze

But how can you be sure that a free lease agreement is legally compliant without hiring an attorney to review it? To help you out, this article will answer common questions about where property managers can find simple legal lease agreement templates. An attorney can always prepare lease documents for you.

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What are the Seven Most Important Qualities that Property Owners look for when it comes to Hiring a Property Managers?

Esquire Property Management Group

Finding and hiring the correct property manager to manage your rental property can make all the difference in the world for landowners and investors – this is true for both commercial and residential property. In order to successfully own investment property, property managers are necessary partners.

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BOI Reporting: Corporate Transparency Act Update (Feb. 2025)

Yardi Breeze

Why compliance can be tricky Many property management businesses have complex ownership structures that can make reporting tricky. For property management companies, these rules arent just about avoiding penalties theyre about accountability. How long does it take to report ownership information?

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Ask Landlord Hank: If Heater Goes Out in My Rental, Should I Give Tenants Credit While Awaiting Repair?

Rental Housing Journal

Remember Hank is not an attorney and he is not offering legal advice. Sincerely, Hank Rossi Editor’s note: Check your local and state regulations on issues such as this as it varies across the country. After he retired, he started a real-estate brokerage business with his sister that focuses on property management and leasing.