American Apartment Owners Association

APRIL 15, 2025

Read Industry Books: Dive into titles such as The Multifamily Millionaire and Investing in Apartment Buildings to familiarize yourself with the strategies and challenges of multi-housing investments. Preferred Vendors: Lock in contracts with trusted contractors and service providers ahead of time. Your future as an REI titan awaits.

Single-Family Home

Renjoy

JULY 3, 2023

This is where a vacation rental management company can step in to handle the day-to-day operations, maximize bookings, and ensure a seamless guest experience. But depending on the state, you may need a real estate broker’s license or a PM license to legally operate as a property manager. More channels equals more bookings.

Rental Management

Lifty Life

AUGUST 29, 2022

To do this grab some quotes from contractors, look for costs on MLS listings, and understand the fees of OTA sites. As you can see the cleaning fee is a fixed rate and is, therefore, a larger portion of the reservation value on smaller bookings. Get quotes from local contractors. Hot tubs cost about $700 to maintain.

Finance

Buildium

MAY 21, 2025

Whether youre a real estate broker looking to branch out, or completely new to the rental market, the property management hustle can offer lucrative, consistent opportunities. Maintenance and repair markups : A surcharge for acting as a general contractor on maintenance itemsusually a percentage of the total property maintenance bill.

Property Manager