Remove Finance Remove Rent Remove Residential Property
article thumbnail

Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

Insights and Insights Pro are basically ways to understand your own property management business against a ladder of maintenance excellence. Its a deep diving into: Vendor efficiency Technician efficiency Coordinator efficiency Benchmarking Finances You know what the performance actually is instead of trusting someones gut.

article thumbnail

What Is a Fourplex? A Practical Guide for Property Investors

Bay Property Management Group

Main Takeaways Fourplexes offer multiple income streams and easier residential financing (like FHA/VA loans) while enabling “house hacking” for reduced living costs. Key challenges include higher upfront costs, increased tenant management, and limited market inventory compared to other property types.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

Buildium

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? In terms of financing, your professional background can also give you an edge.

article thumbnail

How to stand out to property owners with better financial reporting and benchmarking services

Buildium

Property owners expect property managers to do more than just collect rent and handle maintenance. They want to know how their rental properties are really performing—with data to back it up. You can meet their expectations by offering financial reporting and benchmarking as part of your property management services.

article thumbnail

7 Acceptable Reasons for Late Rent Payments Every Landlord Should Know

Property Management Inc.

Late rent payments can feel like a curveball. You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. Still, tenants missing rent payments somehow becomes a part of the game. Understanding Late Rent Payments Managing late rent payments requires more than frustration.

article thumbnail

Stessa vs Buildium: Which software is best for you in 2025?

Buildium

To keep up, landlords and property managers are turning to software that helps them automate tasks, stay organized, and grow their businesses. On the surface, both offer tools for managing leases, collecting rent, and tracking income and expenses. This connection shows in Stessa’s finance-first design.

article thumbnail

Are Pet Deposits Refundable? What You Need to Know

Bay Property Management Group

O ur residential property management in Northern Virginia will break it down for you. chewing wires), or fixtures like blinds or curtains, they’ve damaged costly property. So, your landlord will likely have to turn to your security deposit to finance that replacement. When Are Pet Deposits Refundable?