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

Buildium

First: Leasing has become less profitable, with renters moving less often than they have in previous years. And second: Brokering property sales is also less profitable, with rental owners buying and selling fewer properties in the current market.

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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.

Property 200
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How to Get Ready to Apply for Apartments and Other Rental Properties

Real Property Management Chicago

Different landlords have different application requirements, but many are expecting very similar things from applicants before they sign a lease. Being the fastest applicant can make the difference between signing a lease and losing the apartment! If you do not have much time to search, consider working with a broker or leasing agent.

Apartment 130
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New California Commercial Lease Requirements – SB 1103

Esquire Property Management Group

This new law mandates that landlords and their representatives—across all commercial sectors, including office, industrial, and retail—adapt their leasing practices when engaging with a newly classified category of tenants known as “qualified commercial tenants.”

Lease 52
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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.

Property 130
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Commercial Real Estate – Binding Letter of Intent, Or Not?

Esquire Property Management Group

Many times, this is merely the starting point of negotiations between a purchaser and a seller which is commonly drafted by a purchaser’s broker or attorney. A court or arbitrator will most certainly refrain from enforcing a purported contract if these fundamental components remain subject to future negotiation and consideration.

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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.