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Finding the Perfect Multifamily Property

American Apartment Owners Association

When buying a rental property, there are local price trends, zoning rules and vacancy rates to consider in addition to financing and renovation costs. Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area.

Property 200
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Understanding HOA finances: A practical guide for association managers

Buildium

One of the biggest responsibilities you’ll have as an association manager is keeping your HOA’s finances in good shape. In this guide, we give you the full HOA finances picture. What are HOA Finances? Finances are the backbone of any association, and managing them well is a large part of protecting a community’s longevity.

Finance 245
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How to Start a Property Management Company

BetterWho

Build this now: Trust account(s) Bookkeeping system that syncs with your PM software Owner payout calendar Consider a fractional bookkeeper or finance-focused RTM to stay lean and accurate. Step 6: Get Support from a Consultant or Coach Youll hit walls. Book a free discovery call with our consulting team

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Navigating Zoning Laws: Facilitating ADU Development in Urban Areas

Beach Front Property Management

Building a Case for ADUs in Urban Planning To expand ADU development, cities can take additional proactive measures such as educating the public, empowering homeowners, and integrating ADUs into broader housing initiatives.

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How to find the best rental property accounting software for landlords

Buildium

Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping. These tools simplify everything from tracking rent payments to generating tax reports, which ultimately saves time and reduces errors.

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

Before doing anything tax- or accounting-related, consult a certified accountant. And, of course, consult a CPA to determine which deductions your business is eligible for. Legal and Professional Expenses You can deduct fees paid to attorneys, accountants, consultants, and other professionals for any work related to your business.

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The Next Chapter in Property Management: Trends to Watch Out For

Real Property Management Chicago

Blockchain in Leasing Digital finance tools are already streamlining rent payment processes and record-keeping tasks. Maintaining competitiveness demands observing upcoming industry trends and, when necessary, consulting specialists.