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The Pros and Cons of Different Property Types: Which Is Right for Your Columbus Rental Strategy?

RL Property Management

Not All Rental Properties Are Created Equal When investors think about building wealth through real estate, the focus usually lands on metrics like ROI, vacancy rates, or long-term appreciation. But there’s a foundational factor that often gets overlooked: the type of property you invest in. Shared costs.

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Understanding the difference between a condo and a multifamily residence

MRI Software

Condos are typically financed like single-family homes, with similar down payments and mortgage terms. However, lenders often require additional documentation about the buildings HOA, such as financial stability and insurance coverage, to ensure the property is a sound investment.

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The Impact of Inflation on Property Managers

Authority Property Management

A continuous reduction in new projects could shrink the number of rental and commercial properties in need of property management services. Nonetheless, it is not all doom and gloom for property managers. Hard times call for innovative and adaptive solutions selling in the business of property management.