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How To Determine A Fair Rental Rate Plus Factors To Consider

Rental Choice

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. Changes in the season may also affect demand.

Apartment 130
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How Tenants Can Prevent Water Damage

Florida Property Management

Water damage is a common and potentially costly issue that tenants and renters need to be proactive about preventing in their rental properties. In this blog, we'll explore practical tips and strategies to help tenants safeguard their homes from the damaging effects of water.

Tenant 52
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The Flaws of Rent Control: Why it Doesn't Work and What We Can Do Instead

Florida Property Management

Allocation Inefficiency: Rent control often results in misallocation of housing units. Because tenants in rent-controlled units have little incentive to move, even when their housing needs change, they may occupy larger units than necessary or stay in prime locations longer than they otherwise would.

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Everything you Need to Know About Investing In Multi-family Real Estate

Beach Front Property Management

Multifamily investing is a real estate strategy focused on properties that accommodate multiple residents, such as apartment complexes or condominiums. Investing in buildings with many units can benefit from economies of scale and potentially achieve higher overall returns. What is Multifamily Investing?

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Understanding the difference between a condo and a multifamily residence

MRI Software

A condo, or condominium, is a privately owned unit within a larger multi-unit building. Residents own their individual units outright, but shared spaces like gyms, pools, and hallways are managed collectively through a homeowners association (HOA). What is a condo and how does it work?

Finance 52
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What You Need to Know About LA’s Renter Protections

Beach Front Property Management

Just Cause Eviction Protections in LA Starting January 27, 2023, Los Angeles implemented eviction protections for renters, extending these safeguards to almost all rental properties, including single-family homes and condominiums. The property owners receive an annual registration bill for all rental units.

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Multifamily condo conversion: Is it the right move for your property?

MRI Software

Many landlords are now exploring the potential of converting their rental properties into condominiums to unlock new opportunities for income and investment. A multifamily condo conversion involves transforming a rental property with multiple units, like an apartment building, into individually owned condominiums.

IT 52