Buildium

MAY 15, 2025

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. Debt Service Coverage Ratio (DSCR) loans focus on the rental income potential, not your personal income. Step 6: Managing Your Properties Managing your own rentals doesnt have to be overwhelming.

Property Management

Florida Property Management

SEPTEMBER 11, 2023

Property Management Software Property management software platforms have become indispensable tools for landlords and property managers. These all-in-one solutions streamline various aspects of property management, including rent collection, maintenance requests, accounting, and communication.

Property Management

Thanks For Visiting

JANUARY 7, 2025

Data Tracking and Management is Important When Scaling Airbnb Conclusion 9 Essential Tips to Scale Your Airbnb Business Successfully scaling an Airbnb business requires more than just acquiring properties. It demands strategic planning, robust systems, and top-notch property management software.

Airbnb

MRI Software

DECEMBER 13, 2024

If youre managing a multifamily property, youve likely wondered how to make better use of unused areas or increase rental income. With new ADU multifamily California laws, its become easier to add these units to multifamily properties. What are the benefits of adding ADUs to multifamily properties?

Single-Family Home

California Pacific Realty

AUGUST 14, 2024

It involves a wide array of financial tasks, from income tracking to expense reporting, ensuring both operational efficiency and financial stability. Why Is Accounting Necessary for Property Management? Rental Income Management Accurate tracking and recording of rental property income from tenants is important.

Property Management

Real Property Management Choice

SEPTEMBER 28, 2022

As you grow in your life regarding age and responsibilities, you think of creating a recurring income source. And owning a rental property can be one of the best options. When you buy the first property of your life to generate rental income, you may be completely amateur at that time.

Rental Property

MRI Software

DECEMBER 16, 2024

Landlord residential insurance is a policy designed to protect property owners who rent out their homes. It covers risks like damage to the building, loss of rental income, and liabilities if someone is injured on the property. Depending on your property and location, you might want additional coverage.

Residential Property

Second Nature

OCTOBER 1, 2024

But that can also add extra burden and cost to your property management business when your team is already spread thin. One of the best ways to offer value without overextending your team is to outsource some of those PM services to PropTech products, contractors, or a fully managed solution. Maintenance and repair.

Property Management

MRI Software

AUGUST 6, 2024

How do risks vary across different types of multifamily properties? Different types of multifamily properties face unique risks. Location plays a crucial role in influencing both occupancy rates and rental income stability. They can lead to financial risks by reducing your rental income and property value.

Management

MRI Software

JUNE 3, 2025

Managing a multifamily property comes with several costs, and failing to budget for them can quickly eat into your profits. On average, property management fees range from 4% to 12% of the monthly rental income, with additional costs for leasing, maintenance, and technology.

Property Management