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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.

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How to find the best rental property accounting software for landlords

Buildium

Whether you own a single rental unit or a large portfolio of properties, accounting software can help you manage your finances more effectively, reducing the stress associated with manual record-keeping. There are a variety of software solutions available, each offering different features suited for landlords with varying needs.

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How To Calculate A Vacancy Rate? A Guide for Landlords

Bay Property Management Group

Why Vacancy Rate Matters for Landlords Before diving into the details, lets define vacancy ratesimply put, its the percentage of vacant units compared to your total rental units. Honestly, you dont need to be a financial expert to understand that empty rental units are directly affecting your ROI.

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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?

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The Pros and Cons of Different Property Types: Which Is Right for Your Columbus Rental Strategy?

RL Property Management

They’re easier to finance , simpler to manage, and typically located in stable, family-friendly neighborhoods where tenant demand remains consistent. Lenders tend to offer more favorable terms for single-family investments, especially for those purchasing their first rental property. Residential financing.

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How to Become a Tiny House Landlord

American Apartment Owners Association

Financing for your tiny home may be more difficult than if you were constructing a traditional home, but in some cases, you may be able to secure an FHA loan. It is also a good idea to post them in the rental unit. If the tiny house is fixed to a permanent foundation, potential owners can explore conventional mortgages.

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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. A co-applicant can be: Spouses or Partners: Couples who wish to live together and combine their financial resources to meet rental qualifications. Don’t worry.