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.
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.
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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.
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. […]
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.
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?
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.
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…
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?
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…
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.
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 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?
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.
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.
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.
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.
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
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.
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.
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.
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.
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 […].
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?
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?
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.
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.
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.
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.
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.
Bay Property Management Group
APRIL 4, 2025
Its definitely a risk for the landlord, but theyre usually willing to take that chanceespecially if the project has the potential to really boost the value of their land. But in a subordinated lease, the landlord lets the bank have the first pick. So, if the tenant can’t pay back the loan, the bank gets control before the landlord does.
BiggerPockets
MAY 20, 2021
Many of you know that Mindy loves live-in-flips, and although she can definitely swing a hammer, she doesn’t have the skills of a finish carpenter, but today’s guests, Serafina & […].
Colliers
MARCH 19, 2025
In the previous installment of our outdoor storage series, we explored the definition of industrial outdoor storage (IOS) and highlighted key macro trends shaping this niche property type. This edition will focus on the equipment rental market, which has been making headlines recently with the impending sale of H&E Equipment Services.
Multifamily Insiders
DECEMBER 31, 2024
But definitely us at Zipcode Creative. 2025 Branding & Design Trends for Multifamily It's the time of the year when we all start trying to predict what's gonna be hot for 2025 branding and design for multifamily. Okay, so not all of us. Read on to see what we think is in for next year in 2025 multifamily branding trends.
Bay Property Management Group
JANUARY 29, 2025
How to Verify If Utilities Are Included in Rent on Your Lease To verify if utilities are included in your rent, there’s one definitive place you should look: your lease. If those dictate that certain utilities are included, they’re included. A lease serves as your manual to the rules of your lease.
Mashvisor
DECEMBER 28, 2021
You do not need to own a property to get started in real estate investing. Here is what you need to know about the strategy of subleasing Airbnb. According to…
Bay Property Management Group
MARCH 18, 2025
Your Personal Financial Profile: While the economy definitely affects mortgage rates, your finances matter, too. However, when yields increase because the demand for bonds has weakened, mortgage rates tend to rise in tandem and make borrowing costlier. Lenders look at: Your Credit Score Having a high score (740+) gets you the best rates.
Mashvisor
APRIL 29, 2022
The question of what is arbitrage reveals far more than the definition itself. We’ll be dealing with the details and significance behind it here. Table of contents: What Is Arbitrage?…
Mashvisor
OCTOBER 10, 2023
If you’re in the process of selling your house, the term ‘comparative market analysis’ will definitely come up in your conversation with your real estate agent. Houses are usually related…
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