American Apartment Owners Association

APRIL 21, 2025

Whether used as: A rental unit for passive income A home office or creative studio Housing for aging parents or adult children A private guest house for family and friends ADUs offer both personal and financial freedom. Start with DesignNot a Contractor Thats where Adunest comes in. Were not a builderwere a design partner.

Contractors

Beach Front Property Management

JANUARY 15, 2025

Reach out to a contractor for an additional estimate to ensure accuracy. Additionally, a homeowner’s rental unit insurance usually does not cover resident belongings. Obtain Extra Estimates if Needed If your home includes custom work, an adjuster may not accurately estimate its value.

Insurance

Rental Choice

MARCH 5, 2024

Moreover, there has been a dwindling supply of low-cost rental units. Yes, many new apartments may become available according to the 2024 rental market predictions. Moreover, property owners have repaired many existing units to minimize the problem. Among cost-burdened households, there were 12.1

Apartment

Real Property Management Evertrust

OCTOBER 7, 2024

Failing to Properly Screen Tenants The Mistake: Many new landlords are so eager to fill their rental units that they skip or rush through tenant screening. Pro Tip: Build a relationship with reliable contractors early on, so you’re not scrambling to find someone when repairs are needed.

Landlord

Authority Property Management

DECEMBER 3, 2015

A professional service will not only show rental homes and apartments to prospective lessees but also handle background and credit checks and contract with cleaners, painters, and carpenters to get your rental property ready. Managers hire contractors to make necessary repairs before showing the unit.

Rent

Beach Front Property Management

OCTOBER 2, 2024

Create a Property Management Plan : You wi ll need to determine how you want to manage your rental units and how you wi ll market them to potential reside nt s. Some of the other aspects to consider in deciding on appointing a property manager include: The number of units to be managed.

Real Estate

Authority Property Management

MARCH 4, 2016

A property manager will also manage the relationships that you have with your maintenance workers and contractors. Property managers will make sure that you rental homes or apartments are in top-notch shape and will maximize the profitability of your time and money. In 2014, they handled over a thousand rental units.

Property Management

RL Property Management

NOVEMBER 25, 2024

These tenants are often willing to pay a premium for rental units with lower utility costs and environmentally friendly features. Building relationships with contractors can also help secure competitive rates, making large-scale improvements more affordable.

Rental Property

Property Management Inc.

NOVEMBER 26, 2024

Let's say you know you have an old geyser in a rental unit. This simple example can be applied to tile damage (if a family with big dogs moves into your pet-friendly unit), keeping the necessary tools, and any other scenario you can imagine. But what does that mean? The exterminator isn't your only friend on this point.

Property Maintenance

MRI Software

DECEMBER 7, 2024

Lets say you own a multifamily property where the rental units are older, and youve noticed your tenants complaining about the outdated appliances and poor security. After installing new appliances and adding security cameras, you increase rents by $150 per unit. Communication with tenants is also key.

Real Estate

Real Property Management Choice

JULY 21, 2015

The amendment does not apply to smoke alarms that have been ordered by, in inventory of an owner, managing agent, Contractor, wholesaler, or retailer on or before 1st July 2014 until 1st July 2015. Landlords of all residential rental units are required to change the smoke alarms to conform to senate bill No.745.

Landlord

MRI Software

DECEMBER 13, 2024

Adaptability: Use ADUs as rental units, guest housing, or even office spaces for remote workers. How can multifamily ADUs increase rental income and property value? Rental income grows significantly with each ADU you add. Benefits of multifamily ADUs Steady income: ADUs attract tenants seeking smaller, affordable spaces.

Single-Family Home

InveServe

JUNE 13, 2024

It’s crucial to conduct thorough due diligence and obtain multiple contractor bids before purchasing. Economic downturns, changes in local employment rates, or oversupply of rental units can affect occupancy rates and rental income. Financing Risks : Securing financing for value-add projects can be challenging.

Rental Income

Real Property Management Choice

JULY 4, 2024

A pre-move-in inspection is carried out before tenants enter the rental property to check for any damage or inconsistencies. We suggest that you carefully walk through the rental unit, establish any repairs that are needed, and ensure that everything is in perfect condition before handing over the keys to your new tenants.

Property Management