Buildium

DECEMBER 30, 2024

Advertising to influence government legislation, however, is never deductible. Having property management software with accounting features can help you do that. Every property management tax mistake is, at best, a missed opportunity to save money and, at worst, a potential compliance issue.

Property Management

Buildium

OCTOBER 21, 2024

Insurance and Legal Fees When it comes to insurance, your association’s governing documents likely outline the required policies and minimum coverage limits. From there, your insurance agent can walk you through whether your current coverage is adequate for the property and what the premiums will look like for the upcoming year.

Finance

MRI Software

DECEMBER 5, 2024

On top of that, some local governments offer property tax reductions or grants to encourage affordable housing development. For example, if you choose to participate in Section 8 , you may also benefit from rent subsidies paid directly by the government. Financing can also be a challenge.

Government

MRI Software

MARCH 19, 2024

Green buildings also get government incentives and rebates. Leverage government incentives and rebates. Many regions offer financial incentives for sustainable property investments. Assessing government incentives for sustainable property investment Governments value the importance of sustainability in real estate.

Real Estate

MRI Software

AUGUST 2, 2024

Investment Income To verify investment income, property managers typically request documentation that substantiates the income reported by the applicant. This compliance is critical to maintaining equitable treatment for all applicants. The post How do property managers verify income?

Property Management

MRI Software

MARCH 4, 2025

It also encourages tenants to be more mindful of their water consumption, promoting sustainability within the property. This guide will walk you through how to submeter water in a multifamily property, covering key aspects such as planning, installation, compliance, and ongoing management.

Property

MRI Software

SEPTEMBER 1, 2024

Clearly defining the extent of the work helps you manage costs and prioritize essential improvements. Compliance with these rules may require additional work and materials, adding to your overall expenses. Local building codes and regulations Local building codes and regulations can affect your renovation costs as well.

Apartment

MRI Software

SEPTEMBER 30, 2024

The world of multifamily property management can be challenging without understanding the responsibilities of a condo board vs property manager. households living in communities governed by condo associations, their efficiency directly impacts resident satisfaction and property value​. With over 70% of U.S.

Property Management

MRI Software

DECEMBER 9, 2024

Examples of common multifamily operating expenses Property taxes: Levied by local governments and based on the propertys assessed value. Regulatory compliance: New laws often require costly upgrades to meet changing standards. Use software to categorize expenses, identify cost trends, and flag anomalies.

Management

Property Management Inc.

NOVEMBER 26, 2024

Efficient property management practices can alleviate some of these burdens, ensuring your rentals remain attractive to guests year-round. Evolving Regulations and Compliance The legal landscape surrounding short-term rentals is constantly shifting.

Rental Management

MRI Software

JUNE 2, 2024

MRI Software are leaders in innovative real estate software and in this article, we explore how AI is reshaping residential property management software and real estate CRM solutions. Balancing Innovation with Ethical Responsibility Regulatory and policy frameworks are crucial for governing AI use in real estate.

Real Estate

MRI Software

DECEMBER 4, 2023

This will help ensure compliance with legal procedures and that you are protecting the tenant’s rights. Multifamily property management software can be a valuable tool when you need to evict multifamily tenant. This makes it vital for property managers to familiarize themselves with the specific laws governing their area.

Lease Agreement

Avantio

JUNE 3, 2024

Some regions have strict rules that can limit rental opportunities, so it’s important to research and ensure compliance with local laws. Research local regulations thoroughly before investing to ensure compliance and avoid potential legal issues. Cities with clear, supportive regulations tend to be more stable for investors​​.

Rental Income

Host Tools

JANUARY 15, 2025

The team will help create and submit your formal permit proposal to your local government. How Host Tools Can Help Host Tools is an all-in-one property management software designed to simplify and streamline the operation of your rental business. Prepare utilities, clear space, and complete any final paperwork.

Property Management Software

Second Nature

JANUARY 29, 2025

State laws governing property management business Each property management companys approach is very dependent on regional or state regulations. Before taking any steps to either start or change your business, you need to have a clear understanding of the local laws governing your business venture.

Property Management

MRI Software

FEBRUARY 26, 2025

Hiring experienced professionals, such as zoning attorneys and planning consultants, can provide valuable guidance and ensure compliance with all requirements. Demonstrating the community benefits of your multifamily project is crucial for gaining public and government support.

Applicants

MRI Software

MARCH 5, 2025

Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow. Investors often leverage multifamily property management software to streamline daily operations, simplify rent collection, and efficiently handle maintenance requests.

Airbnb

Avantio

MAY 21, 2025

License and Legal Compliance If your rental property is in a location that requires registration (like many parts of Europe and the U.S.), Vrbo Listing Fees and Costs Vrbo has two main pricing models for property managers in 2025: Pay-per-booking Annual subscription The best option depends on your business model.

License