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

Buildium

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. With the right software, you can automate rent collection, handle maintenance requests, stay on top of lease renewals, and keep detailed financial records. Your professional network is another huge advantage.

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How property managers can expand their business by acquiring other property management companies

Buildium

Work with brokers who specialize in property management mergers and acquisitions. Legal and Compliance Review Bring in a legal expert familiar with property management to review contracts, lease agreements, vendor obligations, and any pending disputes. Work with brokers and leverage your professional network to find opportunities.

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Lease renewal fees: Evaluating the pros and cons for tenant continuation

MRI Software

Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Understanding lease renewal fees is essential for maximizing your rental income and ensuring tenant satisfaction.

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

Buildium

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. With the right software, you can automate rent collection, handle maintenance requests, stay on top of lease renewals, and keep detailed financial records. Your professional network is another huge advantage.

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Does landlord insurance cover fire?

MRI Software

Communicating with insurance agents or brokers to clarify coverage details Speaking with your insurance agent or broker can provide clarity on your coverage details. Ensure you know what is covered, the limits of your coverage, and any exclusions that might affect your protection against fire damage.

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How much can you afford for a multifamily investment? A guide for savvy investors

MRI Software

A real estate advisor or mortgage broker can guide you through the complex process of securing the right loan and evaluating properties. From digital rent payments to streamlined lease signings, our tools are designed to simplify everyday tasks.

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Property management income and expenses: What you need to know [free template]

Buildium

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. Fees Concerning Lead-to-Lease: There are also a number of fees related to finding tenants for vacancies. How can property managers reduce operating costs?