Remove Compliance Remove Residential Property Remove Utilities
article thumbnail

The Ultimate Guide to Sustainable Property Management

Beach Front Property Management

In todays environmentally conscious world, sustainable property management is more than just a trend; it is a responsibility. From residential properties to commercial real estate, the growing emphasis on sustainability is reshaping how property managers operate, invest, and plan for the future.

article thumbnail

Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Deduct Allowable Expenses Now that you’ve found your total gross income, subtract it by any allowable expenses related to maintaining and running your rental property. For instance, consider factors like repair costs, mortgage interest, property taxes, insurance premiums, and utilities. years for residential properties.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Environmental Regulations for San Francisco Properties: Green Initiatives and Compliance

Gordon Property Management

By 2024, commercial properties over 250,000 square feet must operate from renewable sources. By 2030, this requirement will extend to all non-residential properties over 50,000 square feet. Adopting green initiatives offers numerous benefits to property investors.

article thumbnail

How to Choose a Property Manager in Bay Park

McKee Properties

Takes the Hassle Out of Day-to-Day Operations Being a property owner or investor can be overwhelming, particularly if you manage multiple properties like Bay Park home rentals. Property managers act as intermediaries, handling tenant concerns, property maintenance, rent collection, and legal compliance.

article thumbnail

You Ask, We Answer: Top Property Management Software FAQs

Yardi Breeze

I manage a mixed-use property with commercial & residential units. How should I set up this property? For a mixed-use property, it is possible to set up the commercial units as a commercial property and the residential units as a residential property. Billing will update automatically.

article thumbnail

How to Keep Your Properties Safe with Multifamily AI

MRI Software

Artificial intelligence (AI) isn’t a dream of the future anymore – it’s here now, and it’s being used in industries across the globe, including in the residential real estate sector. In this guide, we look at what AI multifamily is, its functions, and how it is benefitting residential property managers by reducing risk and saving time.

article thumbnail

What are the types of residential lease agreements? A landlord’s guide

MRI Software

Landlords may need to invest more time in screening applicants, managing lease renewals, and ensuring compliance with changing rental laws. Ease of management Choosing the right landlord lease agreement can simplify property management and reduce day-to-day hassles.