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Professional Property Management: Why It’s Worth the Investment

Real Property Management Chicago

Lower Maintenance and Repair Costs Maintenance and repairs can be a problematic part of rental property ownership, particularly if you are new to being a landlord or don’t have much time to do the work yourself. Distinguishing when a job requires a licensed contractor is sometimes complicated to decipher.

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What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

Rental Regulations If you plan to rent out ADUs, be aware of your area’s rental laws. For example, you’ll need to stay in the loop about tenant rights, rent control measures, and licensing requirements. People tend to love homes that are multi-purposewhether its space for family, a rental, or something else.

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Landlording Sucks & Rental Income Isn’t Passive — Do This Instead

SparkRental

Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. The post Landlording Sucks & Rental Income Isnt Passive Do This Instead appeared first on SparkRental. Real estate investing involves risks; past performance does not indicate future results.

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Understanding Milwaukee Short-Term Rental Laws for Hosts

Host Tools

Getting your property licensed To operate legally, you need to obtain a short-term rental license from the City of Milwaukee. The licensing process typically involves providing proof of ownership (or landlord permission), meeting safety requirements, and paying the application fees. These fees must be renewed annually.

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How to Set Up Your Property for Airbnb

AirKeeper

Obtain Necessary Permits and Licences: Many regions require specific permits or licences for short-term rentals. Maintain Detailed Financial Records: Keep accurate records of your rental income and expenses. Consider Insurance Options: Standard homeowner’s insurance may not cover short-term rentals.

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Best Cities for Real Estate Investment by GRM (Price/Rent Ratio) in Q4 2024

SparkRental

Cities with lower GRMs often present better investment opportunities, as they suggest higher rental income relative to property prices, enhancing potential returns. Always consult a licensed real estate consultant and/or financial advisor about your investment decisions. That makes it a simpler—but less accurate—calculation.

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Can You Remodel a Condo in Philadelphia?

Bay Property Management Group

Your licensed general contractor will handle filings, so submitting paperwork early can prevent project delays. In most cases, your licensed general contractor will handle this part for you. Remodeling a condo can boost its rental income potential and resale value. Can You Remodel a Condo in Philadelphia?

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