article thumbnail

What Does Turnkey Mean In Real Estate?

Bay Property Management Group

In 2025, more investors are leaning toward turnkey properties because they offer something rare in real estate: simplicity. However, you may be new to the concept and wondering: What does ‘turnkey’ mean in real estate? With turnkey real estate, you can step into ownership without as much heavy lifting.

article thumbnail

Is Real Estate Investment Trusts a Good Career Path?

American Apartment Owners Association

Pursuing a career in real estate doesnt always mean becoming a realtor or selling homes. One lesser-known yet promising avenue is working with Real Estate Investment Trusts, commonly known as REITs. These companies provide a way for individuals to invest in real estate without directly managing 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

Best Property Management Software for 2025

American Apartment Owners Association

Im pr o ve s Communica tio n : Centralized messaging keeps landlords, tenants, employees, and contractors aligned. By using the proper real estate management software, landlords can save time, reduce stress, and increase profitability, making it a necessary tool for 2025 and beyond. R e al -t im e tr ac kin g.

article thumbnail

California Increases Dollar Limit for Home Repairs Without Licensed Contractors

Authority Property Management

Signed into law in September 2024, California Assembly Bill 2622 (AB 2622) introduces updates to the Contractors State License Law that directly benefit property owners and renters. AB 2622 raises the dollar threshold for contracting work that does not require a licensed contractor. Benefits of AB 2622 for Landlords and Homeowners 1.

article thumbnail

6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. Your existing relationships with real estate agents, contractors, and inspectors can also help you find deals before they hit the market. Your professional network is another huge advantage.

article thumbnail

Best practices for expanding your property management portfolio into new markets

Buildium

If commercial real estate rents dip, your residential properties can buoy you up (and vice versa). This limits your exposure to region-specific challenges, such as real estate regulations and natural disasters. Building Local Partnerships Partner with local real estate agents, contractors, and real estate lawyers.

article thumbnail

The Impact of Inflation on Rental Property Investment Projects

Bay Property Management Group

Inflation affects everything it touches, and the real estate market is no exception. It happens when goods just go up and up in price, like groceries, gas, or real estate. Because of that, real estate is a uniquely solid investment during inflation periods. So, what exactly is inflation?