article thumbnail

What Is GCI (Gross Commission Income) In Real Estate?

Bay Property Management Group

Instead, they split it with their broker (the company they work for). These expenses can include broker splits, marketing costs, transaction fees, and other business-related costs. In the meantime, you can tap into real estate investment’s true potential with Bay Property Management Group.

article thumbnail

The Return of the Accidental Landlord in 2024

Authority Property Management

Managing Tenants Tenant management can get overwhelming fast, especially if you’re not familiar with the ins and outs of property laws or handling tenant issues. We’ll take care of tenant screening, maintenance requests, and making sure everything’s in line with housing laws.

article thumbnail

How to create a property management business plan: Step-by-step guide and free template

Buildium

Maintenance and Repairs: Lay out how you intend to handle managing maintenance tasks for the properties in your portfolio. Tenant Management: Clarify how youll take care of each aspect of tenant management, from lease signing to rent collection and ongoing communication.