article thumbnail

Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

And second: Brokering property sales is also less profitable, with rental owners buying and selling fewer properties in the current market. However, two of these services are those that property managers tell us are generating less revenue for them due to decreased transaction volume, so thats definitely something to consider.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Complete Guide to Commercial Property Leases in San Gabriel Valley, CA

InveServe

This guide will introduce you to key terms and definitions, elements of a commercial lease, and common mistakes to avoid. But before you go looking for commercial real estate in the San Gabriel Valley, you must first have a solid understanding of how leasing works for commercial properties.

article thumbnail

15 best property management conferences to see at least once

Yardi Breeze

We’ve put together a definitive list of the most popular national property management conferences to help you level up your management skills. This four-day gathering of residential brokers and owners is designed for decision makers to share and receive ideas and business strategies.

article thumbnail

Maximize Property Management Revenue Part 1: The Truth Behind Fee-Maxing

Fourandhalf

The A-Ha Moment for Fee-Maxing Todd began thinking about involving ancillary fees in his own property management business at a NARPM Owner/Broker conference in 2014 or 2015, where he heard Marc Cunningham talk about the ancillary fees that were available for property management businesses. Thats what were interested in talking about today.

article thumbnail

Racing for Real Estate? This Indianapolis Agent Has the Investment Fast Track

BiggerPockets

And for this Indianapolis-based broker, those two passions are definitely interconnected. Matt Speer is personally invested in two things: real estate and sports. After all, the real estate game in […].

article thumbnail

How to Find Profitable Rental Property

Real Property Management Chicago

Before you start working with a broker, first decide what kind of property you’re willing to take on and what you can afford. Then, consult with a licensed professional Chicago broker to help you find the perfect profitable rental property. Consider who your ideal tenants would be.