Remove Lease Remove Multi-Family Building Remove Tenant
article thumbnail

How to Maximize Rental Income Without Raising Rent

Bay Property Management Group

Although increasing rent may seem like the simplest way to solve the problem, you risk losing your tenants. This article discusses doable tactics that will help you save vacancies, maintain satisfied tenants, and maximize rental income. That said, you can add instant charm by swapping out boring cabinet knobs for fashionable ones.

article thumbnail

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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. In single-family rentals, HVAC issues can be a leading cause of tenant dissatisfaction and result in costly, unexpected repairs for property managers.

article thumbnail

Are Your Tenants Entitled to Relocation Payments?

Real Property Management California Coast

Landlords who raise rent over 10% within a one-year leasing contract would owe their residents anywhere between $2,706 and $4,500. The compensation would be determined by the number of bedrooms and would apply only to multi-family residences. More displaced tenants and fewer places to live. The result?

Tenant 52
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. Hiring a property manager helps you secure good tenants, preserves the value of your property, and limits potential vacancies. Being a landlord is hard work.

article thumbnail

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.

Lease 130
article thumbnail

Essential Safety Features for Gardena Rental Properties

Real Property Management Choice

Keeping your Gardena investment property and the tenants who live there safe has to be an important priority for landlords and real estate investors. Safety really requires a partnership between owners and tenants and owners and their vendors. We can also tell you that tenant errors can lead to safety risks too.