article thumbnail

What is Coliving in Real Estate: A Guide for Investors

Bay Property Management Group

The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. In turn, the investor rents out individual rooms to generate revenue. As one half of the equation, the investor manages the property and tenants in exchange for a share of the revenue or a fixed fee.

article thumbnail

FTC, Colorado Sue Greystar For Deceiving Tenants On Rent Prices

Rental Housing Journal

The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.

Tenant 71
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 Much Does Property Management Cost?

Property Management Inc.

You need to cater to your tenants' whims, keep your property in great shape all year round, and manage awkward rent collections on your own. Types of Property Management Fee Structures There are two main ways that property managers structure their fees. Pay attention to your contract if you agree to this fee structure.

article thumbnail

Multifamily property management fees: What to expect and how to budget

MRI Software

Breaking down multifamily property management costs Multifamily property management costs fall into three main categories: fixed fees, percentage-based fees, and variable costs. Fixed fees provide predictable expenses, percentage-based fees fluctuate with rental income, and variable costs depend on property needs.