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Property management leasing: A guide for more reliable long-term leases

Buildium

Leasing is at the heart of a thriving residential property management business. Whether you’re handling a cozy multi-family building or a sprawling apartment complex, getting your leasing process down to a science can result in high occupancy, more consistent revenue, and better long-term relationships with tenants.

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Four Types of Real Estate Investments You Need to Know

Real Property Management Chicago

By definition, residential real estate is purchased and occupied as a dwelling by owners or tenants. Within this broad category of real estate, there are quite a lot of different kinds of residential properties: townhomes, duplexes, multi-family buildings, single-family residences, and more.

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Scaling Up: Transitioning from Single-Family to Multi-Family Rentals

Real Property Management Chicago

Investing in multifamily rental properties as opposed to single-family rental properties can expand a portfolio and present new financial opportunities. It’s crucial to first understand any potential difficulties with multifamily leases. For instance, a lucrative rental always depends on location.