Property management accounting basics: The definitive guide
Buildium
NOVEMBER 8, 2024
Learn the basics of property management accounting, including every step of setting up a property management accounting system.
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Buildium
NOVEMBER 8, 2024
Learn the basics of property management accounting, including every step of setting up a property management accounting system.
Bay Property Management Group
JUNE 10, 2025
Dens can definitely increase the rent or overall value of an apartment. And definitely check for easy access to internet and cable connections if you’re thinking of it as an office or media room. Developers are definitely picking up on the growing demand for flexible living spaces. Does a Den Increase Rent or Value?
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American Apartment Owners Association
FEBRUARY 10, 2025
Definition and Types of Assistance Animals Assistance animals are prescribed by healthcare professionals and are essential for individuals with disabilities. These pets provide the necessary support that eases symptoms and enhances daily functionality.
American Apartment Owners Association
FEBRUARY 6, 2025
Whichever dcor you choose, tiny homes by definition are less expensive to build and decorate, making it easier to afford higher quality furnishings and hardware. Smart technology integration is also far less expensive for tiny homes than larger properties as they require less equipment.
GuestReady
OCTOBER 24, 2024
Do I have to pay Airbnb income tax? And which tax rate do I have to pay over my rental revenue? In this guide, we're explaining the rules and tax-free allowances for furnished holiday lets in the United Kingdom.
Rental Housing Journal
JANUARY 27, 2025
3 Time to call the professionals If you suspect that there is a bigger problem than the frozen pipes that can be fixed with a little heating, it is definitely advised for property managers to call in professional plumbers. They will have the right tools to assess the frozen pipes and determine whether they should be thawed or repaired.
American Apartment Owners Association
JANUARY 27, 2025
Vacancy rates Before you purchase a multifamily property, be sure to investigate the current vacancy rate in the building and the surrounding area to assess tenant turnover and potential rental income stability.Multifamily homes by definition have multiple units and therefore, separate income sources.
Multifamily Insiders
MAY 20, 2025
Whether it's the rise of self-guided tours, automated follow ups, technology that sells, chatbot leases, and maybe even a system that makes coffee for you (Hmm, I could definitely get behind the coffee thing), we do love the "done-for-you" stuff. We love "set it and forget it" in multifamily housing, don't we? Here's the thing:
Buildium
FEBRUARY 14, 2025
But their definition of what qualifies as significant versus slight growth has changed. What we saw was a change in how much those companies plan to expand. Just as many companies told us that they plan to grow by a significant amount over the next two years.
Buildium
JANUARY 21, 2025
However, two of these services are those that property managers tell us are generating less revenue for them due to decreased transaction volume, so thats definitely something to consider. 38% of companies will increase their revenue by raising their rates or other client-paid fees.
Buildium
MARCH 19, 2025
Heres a quick breakdown of those definitions. Understanding Rental Income The first step in getting a handle on tax accounting for rental property is understanding exactly what counts as rental income and expenses. What Counts as Rental Income? Rental income includes all the payments you receive from tenants.
Yardi Breeze
JUNE 6, 2025
For news, research, analysis and thought leadership in property management, this is definitely one to keep up with. Topics range from trends in real estate, political moves that affect you, regulatory updates and more.
BiggerPockets
MAY 3, 2024
After the National Association of Realtors agreed to pay $418 million and eliminate the 6% commission to settle the lawsuit against it, attention in some quarters is now being turned to the mortgage interest deduction. […]
Bay Property Management Group
APRIL 2, 2025
In that case, it’s definitely important to check out the attics, basements, and even empty units. And yes, its definitely illegal. It could be someone sneaking in and out. Phroggers dont usually try to t ake over the whole place the way squatters do theyd rather go unnoticed. It sounds crazy, but it happens. Is Phrogging a Crime?
Mashvisor
SEPTEMBER 6, 2021
Arizona is one of the best states to invest in real estate. Not only is it landlord and Airbnb friendly, but property taxes are relatively low and home values, high…
Buildium
MAY 29, 2025
What 5G Supports Real-time high-definition video for security and virtual tours More sensors communicating within smart buildings Better remote monitoring of large property portfolios Thanks to 5G, tenants enjoy richer digital experiences while managers gain precise control over properties.
Mashvisor
AUGUST 15, 2021
One of the headaches of selling a property is finding the right buyer; although, oddly enough, the right buyer could be eating French fries just in front of you at…
HOA Managememt
MAY 15, 2025
Communicate Parking and Traffic Expectations Holiday weekends often mean extra cars in the neighborhood, and parking can definitely become a real issue. And dont forget to post the pool rules clearly, as visitors may not know whats expected.
BetterWho
MAY 20, 2025
What Property Maintenance Really Means When people search for “what is property maintenance,” theyre usually looking for a basic definition: fixing things when they break, scheduling inspections, or coordinating vendors. But for property managers trying to scale , that definition barely scratches the surface.
BiggerPockets
AUGUST 14, 2021
It often seems like the most successful people are the ones who take the most risks. There’s no surprise that at one point, billionaire entrepreneurs were given the choice to […].
Bay Property Management Group
APRIL 8, 2025
You don’t have definitive proof of who is right. And, unfortunately, your rights aren’t as wide-reaching, either. Without a written lease, you can only rely on your conversations with your tenant, and their recollection of events may differ from yours. Do Tenants Without a Lease Have Eviction Protections?
Bay Property Management Group
APRIL 3, 2025
Of course, it’s always a best practice to consult a lawyer to get their definitive opinion. For instance, a court could interpret the acceptance as implicitly giving the tenant more time to pay the full balance. So, if you want to cover your bases, be sure to reach out to one. What Is a Notice to Quit?
Bay Property Management Group
MARCH 28, 2025
Note, however, that laws can vary by your state and town, so you should check those for definitive information. Now, there are some reasons a landlord can legally deny you a chance to live in their apartment. But what are they? Let’s look at some of them. So, as a rule of thumb, they want to be sure you make three times the rent.
American Apartment Owners Association
DECEMBER 2, 2024
Sort your possessions into three separate groups: stuff that is just worn out or useless, good-condition items that might help others, and definitely needed basics. Does it serve a real need or make you happy? Think about either an internet or a conventional yard sale for selling prized goods.
Mem Property Management
FEBRUARY 6, 2025
Depending on state law, you may need to reaffirm that the association will be filing a lien to protect this debt, and definitely include the right of the association to proceed with collection if the owner breaches the agreement, notes Howard.
Bay Property Management Group
APRIL 11, 2025
You definitely dont want to end up on the wrong side of a leaseor the law in that matter. It could mean getting a bigger or better apartment than you could afford alone. Legal Responsibilities of a Co-Applicant This conversation on what is a co-applicant wouldnt be complete without touching on the legal side of things.
Bay Property Management Group
FEBRUARY 18, 2025
Disadvantages of Utilities-Included Rentals Having utilities bundled with rent is definitely convenient. With a simple, one-time split, you can rest assured everyone is paying their fair share of the rent. There are no confusing calculations, no chasing anyone for all kinds of payments. Still, it does come with a few disadvantages.
Bay Property Management Group
JANUARY 27, 2025
Now that we know what the definition of a credit score is, let’s now deal with what credit score you need to rent an apartment. So, they need to use your credit score to get a better idea of what your financial behavior is like. What Credit Score Do You Need to Rent an Apartment? Depending on the landlord or the location, this can vary.
Condo Control
MAY 28, 2025
Unfortunately, there are no definitive answers to these questions. Will the condo real estate market continue to plummet? Should interested buyers hold off a little longer to see if they can get an even better deal? However, experts speculate that the market has not hit rock bottom just yet.
Condo Control
JANUARY 28, 2025
A price increase could open up some new spots (people who dont really need the parking or storage may terminate the lease), but it will definitely bring in more revenue for the community. The board can use this data to determine if the cost of leasing valuable assets should be increased. Just make sure the increase is reasonable.
Bay Property Management Group
APRIL 28, 2025
Definition & Features: A loft is an open apartment with high ceilings, large windows, and minimal walls, often in repurposed industrial buildings. Often found in historic commercial buildings, lofts offer a unique mix of space, charm, and modern edgeperfect for those who want something beyond the ordinary. Thinking about loft living?
BiggerPockets
NOVEMBER 23, 2023
Hear what we got right and what we (definitely) got wrong, and tune […] Happy Thanksgiving! This Turkey Day, we’re giving you an encore of our 2023 housing market predictions episode.
Bay Property Management Group
FEBRUARY 13, 2025
You will definitely regret it. Illegal Activities It may sound incredibly obvious, but it needs to be said: if you engage in illegal activities, that is a big-time lease violation. Worst of all, it may not stop at you being evicted. It could end with you in jail. So, don’t pull a “Breaking Bad” right in your own home.
BiggerPockets
NOVEMBER 1, 2024
While the pros, like financial freedom, generational wealth, and passive income definitely outweigh the […] Real estate investing is great…sometimes. Other times, it’s NOT fun to be a real estate investor.
Yardi Breeze
MAY 15, 2025
We’ve put together a definitive list of the most popular national property management conferences to help you level up your management skills. With so many property management associations holding their own events, it can be hard to know which ones are worth your time.
BiggerPockets
JULY 9, 2021
And for this Indianapolis-based broker, those two passions are definitely interconnected. Matt Speer is personally invested in two things: real estate and sports. After all, the real estate game in […].
Bay Property Management Group
MAY 16, 2025
Heres how to check yours (and yes, its definitely doable even for free): Use free credit report sites. But when youre apartment hunting, its one of the first things landlords look at to decide if youre a qualified tenant. Dont worry its easy to find out where you stand.
Bay Property Management Group
APRIL 23, 2025
Different Types of Duplexes As we said in the definition, not all duplexes are built the same. Additionally, if you live in one unit, sharing walls with tenants might not be ideal. After all, your neighbor might make noise, and you would have to see them around your home all the time. They come in many shapes and sizes.
American Apartment Owners Association
FEBRUARY 10, 2025
Definition and Types of Assistance Animals Assistance animals are prescribed by healthcare professionals and are essential for individuals with disabilities. These pets provide the necessary support that eases symptoms and enhances daily functionality.
Mashvisor
NOVEMBER 16, 2022
By definition, inflation is the increase in living costs… Inflation went up slightly month-over-month in October 2022. It means inflation may be slowing down, but how does it affect investors?
Bay Property Management Group
APRIL 22, 2025
Legal Definitions and Zoning Regulations As we have already mentioned, these units are mostly multigenerational and are attached to or located on the same property as a primary residence. As people moved to the suburbs, cities began creating zoning laws that made these spaces harder to build.
BiggerPockets
NOVEMBER 21, 2021
For the first time in history, we may have a definitive answer to whether or not your specific degree and school choice provides a positive ROI. […]. Is college worth it?
Real Property Management Chicago
JANUARY 23, 2025
However, it is definitely during a drought when temperatures reach dangerous levels. Lets say a broken air conditioner is not an emergency when it’s cold outside.
BiggerPockets
JANUARY 30, 2025
Ive invested using most of these strategies myself, and some are definitely easier than […] Whether you want to invest directly or passively in out-of-state real estate, you have several options.
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