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Finding the Perfect Multifamily Property

American Apartment Owners Association

Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Operating costs can consist of property taxes, real estate agent fees, utilities, maintenance, property management fees, homeowners insurance and legal fees.

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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. List your expected rent income and subtract all expenses, such as your mortgage, taxes, insurance, maintenance, and vacancy periods. Your professional network is another huge advantage.

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

Buildium

Even as the pace of inflation has slowed down, expenses like labor, materials, and insurance remain higher than they once were. 3 in 4 survey respondents agreed that prices had increased most in four areas of the business: costs for third-party vendors, property insurance, property taxes, and materials and supplies.

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A Guide to Buying a Holiday Home Abroad

Schofields Insurance

Reading Time: 7 minutes Whether you are buying a property abroad in a beautiful destination to jet off to for holidays or to rent it out, there are several important factors to consider when it comes to overseas property investment. When youre not there, you can rent out your holiday home to generate extra income from paying guests.

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

InveServe

Gross Lease (or Full-Service Lease) Here, a commercial property tenant pays one flat monthly fee, and the property owner covers most, if not all, of the building’s running costs, such as property taxes, insurance, and common area maintenance (CAM) fees. The property owner still handles insurance and CAM.

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Critical Issues in Triple Net Leases Investors Should Know

Esquire Property Management Group

The vast majority of commercial real estate brokers will agree that a triple net lease is a real property lease in which the tenant is responsible for all expenditures, including the maintenance of common areas, taxes, property insurance, and utilities, in addition to the base rent.

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What you didn’t know about property management trust accounting

Buildium

Trust accounts in property management are used to keep tenant rent payments and security deposits separate from the business operating account. Do you know that a true, legally-compliant trust account should actually be insured up to $250,000 per beneficiary, in this case the property owner, within that trust account?