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How to Handle Lease Renewals and Rent Increases Fairly and Profitably

Real Property Management Chicago

Lease renewals and rent adjustments are one of the most challenging aspects of property management. As a result, it’s crucial to understand how to handle lease renewals and rent adjustments reasonably to make long-term profitability. What’s the Best Way to Handle Lease Renewals?

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Is Rental Income Taxable? What Landlords Should Know

Bay Property Management Group

Many landlords ask, ‘is rental income taxable?’ In this article, we’ll cover the core tax tips every landlord should knowfrom what counts as rental income to how to track your expenses and deductions. Is Rental Income Taxable? What is Considered Rental Income?

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A comprehensive guide to property management leasing software

Buildium

One prime example of this change is the increasing variety of property management leasing software that promises to speed up the leasing process and reduce your workload in the process. What Is Property Management Leasing Software? So, why should you consider adopting leasing software? Youll never miss a deadline again.

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What Is a Ground Lease? What You Need To Know

Bay Property Management Group

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. For investors looking to build without spending millions on land, or landlords who want a more passive investment, this kind of lease could be the golden ticket. Main Takeaways What is a ground lease?

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Tenant Turnover Tips for Landlords and Property Managers – Video

Rentec Direct

Tenant turnover is the time between lease agreements when one renter moves out and the next renter moves in. During tenant turnover you need find a new tenant, complete any repairs and necessary maintenance for your next renter and schedule a move-in date so you can maximize your rental income.

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How a Professional Property Management Company Can Boost Your Multifamily Property’s ROI in Southern California

Beach Front Property Management

we help apartment owners unlock untapped value and significantly improve rental income in Orange County, Los Angeles, and surrounding markets. Many investors don’t realize how much income they lose due to inefficiencies, outdated leasing practices, or missed market opportunities. At BFPM Inc., Contact BFPM Inc.

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Finding the Perfect Multifamily Property

American Apartment Owners Association

Analyze the neighborhoods growth potential, property valuations, rental demand, crime rate and school district ratings as well as future development plans. These factors can affect a propertys value and its appeal to tenants. Your rental income, operating costs and the amount of your mortgage loan are factors that influence your ROI.

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