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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. Learn how tenant communications and customer service are handled.

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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. Proactive management, market research, and tenant-focused practices help keep occupancy rates high and rental income steady.

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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.

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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. These features help you never miss a payment and that tenants are always aware of what they owe.

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

Bay Property Management Group

The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. For one thing, a tenant’s rent can only increase by a certain amount each year.

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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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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.