Remove Finance Remove Rent Remove Rental Unit
article thumbnail

What Is a Rent Stabilized Apartment? What You Need to Know

Bay Property Management Group

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. How Does Rent Stabilization Work? So, What Does That Really Mean?

Apartment 130
article thumbnail

How to find the best rental property accounting software for landlords

Buildium

Managing rental properties involves more than just collecting rent and maintaining the property. Rental property accounting software offers landlords a practical way to handle these financial tasks. Reporting and Analytics: Advanced reporting tools can help you gain insights into your rental businesss financial health.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

Landlord 255
article thumbnail

How property managers can expand their business by acquiring other property management companies

Buildium

When you acquire another company, you can quickly add new rental units under management, enter new markets, and broaden the types of properties you oversee. Set a realistic budget and decide how you’ll finance acquisitions. Here are the factors to consider when structuring the deal and laying out your financing options.

article thumbnail

How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Several Factors Influence Vacancy Rates – Population growth, rental pricing, and the local job market play key roles in determining how easily a property can attract tenants. Landlords should stay informed about market trends and set competitive rent prices to minimize vacancies. What Affects Vacancy Rates?

Landlord 147
article thumbnail

Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

Duplex Disadvantages: Condos tend to have HOA fees and slower appreciation, while duplexes typically require higher upfront costs, more maintenance, and may be harder, or cost more, to finance. Category Condo Duplex Financing You may be able to get a regular home loan for a condo, just like you would for a house. What is a Condo?

article thumbnail

What Is a Co-Applicant in a Rental?

Bay Property Management Group

So, youre thinking of renting a place with someonemaybe your partner, your best friend, or even your cousin who swears theyre good with finances now. It is: A co-applicant shares full responsibility for rent and lease terms roommates, partners, or family members who apply together are equally liable for payments and property upkeep.