Real Property Management Chicago

JUNE 6, 2025

Lease renewals and rent adjustments are one of the most challenging aspects of property management. Numerous factors could lead to complications, rendering them difficult for both property owners and renters. Here are some innovative strategies for lease renewals and rent adjustments that are fair and financially effective.

Lease

Buildium

MARCH 19, 2025

Note: This guide is intended to provide general information on rental property tax accounting. For specific advice on your own property or portfolio, speak with a tax professional that can examine your specific situation in detail. What Counts as Rental Income? Heres a quick breakdown of those definitions.

Rental Property Management

Buildium

MAY 15, 2025

As a residential property manager, you have a front-row seat to one of the best opportunities for building wealth: owning rental properties. Every day, you help property owners grow their assetsso why not start doing the same for yourself? Why Transition to Rental Property Investment?

Property Manager

Buildium

JUNE 16, 2025

The property management industry has changed a lot in recent years. Today, automation stands out as one of the best tools residential property managers can use to improve their operations and enhance residents’ experiences. This post explores the key ways automation boosts property management operations and benefits residents.

Property Manager

Buildium

JUNE 17, 2025

With property costs rising in an uncertain rental market, you might think growing your property management business is out of the cards. Property managers are getting creative—including rethinking fees and leaning on tech to do more. But you’d be wrong. So, what’s the secret? How do you scale amid tightening margins?

Property Manager

Bay Property Management Group

JULY 22, 2025

Key challenges include higher upfront costs, increased tenant management, and limited market inventory compared to other property types. Successful investing requires careful consideration of location, cash flow potential, property condition, local regulations, and effective property management strategies.

Single-Family Home

Bay Property Management Group

MARCH 14, 2025

But is inflation a threat to your rental property investment, or can it actually work in your favor? Lets explore how inflation on rental property investment can impact youand most importantly, how you can keep your investments safe and still make a profit, no matter what changes the economy goes through.

Rental Property

Buildium

MARCH 19, 2025

Managing rental properties involves more than just collecting rent and maintaining the property. One of the most important aspects of property management is keeping track of financial transactions, monitoring expenses, and ensuring taxes are filed correctly.

Rental Property

Buildium

JUNE 26, 2025

To get more residents through the door, some property managers offer security deposit alternatives. They’re designed to ease the financial burden on renters while still offering protection for property managers in case of damage or missed rent. Below are five options to consider using in your property management business.

Tenant

Bay Property Management Group

FEBRUARY 26, 2025

Owning a rental property often means wearing many hatslandlord, accountant, and sometimes even handyman. So, if youre taking care of repairs yourself, can you deduct the cost of your own labor on a rental property? So, normally, you can deduct labor costs when you hire someone to work on your rental property.

Rental Property

Buildium

APRIL 23, 2025

As the property management industry continues to evolve, so does the technology that supports it. 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?

Lease

Bay Property Management Group

MAY 15, 2025

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. How Does Rent Stabilization Work? So, What Does That Really Mean?

Apartment

Buildium

JANUARY 30, 2025

In the previous editions of our property management software buying guide, we covered the basics of how to compare property managers, from key features software should have to assessing pricing models and customer reviews. We also explored specific considerations for multifamily property management software.

Property Management Software

Real Property Management Evertrust

JUNE 19, 2025

Yet, co-living arrangements bring opportunities and challenges for rental property owners and managers. Let’s analyze closely the rise of co-living spaces, some critical concerns for rental property owners and managers, and approaches for successfully marketing these unique properties.

Property Manager

Bay Property Management Group

APRIL 23, 2025

But before you dive in, there are a few things you should knowthings that goes beyond the basic buy low, rent high advice. Main Takeaways Pros of Buying a Duplex: A duplex can provide dual rental income, helping offset your mortgage or even turning a profit, making it a great investment for those looking to maximize returns.

Single-Family Home

Bay Property Management Group

JULY 16, 2025

A master lease is a contract agreement that lets lessees control a property for an agreed period, even though they don’t fully own it. Generally, they have a lot of freedom to manage, renovate, or add value to the property during that time. They’re in charge of virtually everything—from repairs to collecting rent.

Real Estate

Bay Property Management Group

JUNE 30, 2025

In 2025, more investors are leaning toward turnkey properties because they offer something rare in real estate: simplicity. What Is a Turnkey Property A turnkey property is fully renovated and ready to rent out or sell. They’re already fixed up, easier to manage, and can start bringing in rental income.

Real Estate

Bay Property Management Group

JANUARY 30, 2025

Whether its paying overdue rent, negotiating with your landlord, or exploring legal protections, taking the right steps can make all the difference. So, can you pay rent after receiving an eviction notice? Maryland law even allows tenants to redeem their lease by paying rent and late fees before the court finalizes the eviction.

Rent

ADDA

JULY 22, 2025

These typically apply when the unit is rented to tenants or kept vacant. Share benefits of rental income with the society. Locked or vacant flats not rented out. Example: Rent = ₹15,000/month NOC = 10% = ₹1,500/month Note: It is optional and should be approved via General Body Resolution.

Government

Rental Housing Journal

MAY 19, 2025

Renting by the room: David Pickron shares his experience and some of the hard-fought wisdom he came away with trying to maximize rental income. After meeting with the experts, recording podcast episodes about it, and talking it over for months, I dipped my toe into the rent-by-the-room market.

Rent

Hospitable

JULY 4, 2025

Airbnb vs. Renting: Which Option Is Better? By The Hospitable Team Beginner's Guides , OTAs , Starting an STR Business Investing in rental properties is a popular strategy for generating extra cash. In this article, we’ll compare Airbnb vs. renting to help you discover the pros and cons of each rental strategy.

Airbnb

Authority Property Management

MARCH 14, 2025

Maximizing Financial Gains: Why Renting Out Your Home Could Be a Smart Move If you're considering moving to a new home but aren't ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property?

Rental Property

Authority Property Management

MARCH 28, 2025

Why Small, Annual Increases Are Best for You and Your Tenants As a landlord or property owner in Redding, CA, when was the last time you raised the rent on your tenants? Many property owners hesitate to increase rent, either because it feels awkward to bring up or because they worry it might push good tenants out the door.

Rent

Bay Property Management Group

FEBRUARY 12, 2025

As a property owner, your investment is a business, and understanding your returns is essential. Keep reading to get the insights you need to maximize your rental income. Monitoring this metric helps landlords assess their propertys competitiveness and make strategic adjustments.

Landlord

Real Property Management Choice

APRIL 3, 2025

There is high demand for attractive, well-maintained rental properties in the right neighborhoods. If you have such a property for rent, youre in a pretty strong position. What should you be charging for rent? But you dont want to price your home too low because that could leave you below market rent.

Rent

RL Property Management

JANUARY 24, 2025

This is where property management services in Upper Arlington can play a critical role in ensuring success for rental property owners. Whether youre new to real estate or a veteran investor, the right property management partner can make all the difference between a seamless experience and a frustrating one.

Property Manager

Bay Property Management Group

MARCH 24, 2025

As our Baltimore property management company can tell you, in simple terms, coliving is a modern way of sharing a home. Unlike regular rentals, coliving usually comes with short-term lease options. The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. How Does Coliving Work?

Real Estate

Bay Property Management Group

JULY 7, 2025

Investors benefit from strong returns and value retention — Due to their scarcity, penthouses tend to appreciate faster than regular units, command higher rents, and appeal to long-term tenants, making them a smart asset in luxury real estate. That can mean fewer turnovers and more rental income. What Is a Penthouse?

IT

Bay Property Management Group

MARCH 27, 2025

Main Takeaways Philadelphia is one of the more affordable metro areas in the US for homebuyers, with a median home price of $218,590 and a price-to-income ratio of 3.8. Rental Income Potential in Philadelphia If you’re an investor, Philadelphia’s rental market has promising opportunities to generate rental income.

Transportation

Esquire Property Management Group

FEBRUARY 2, 2025

Finding and hiring the correct property manager to manage your rental property can make all the difference in the world for landowners and investors – this is true for both commercial and residential property. In order to successfully own investment property, property managers are necessary partners.

Property Manager

Bay Property Management Group

MARCH 3, 2025

Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates. Simply put, its the income a property brings in after covering all operating expensesexcluding taxes, mortgage payments, and depreciation. Cap Rate = NOI/Market Value. million based on an 8% cap rate.

Real Estate

Property Management Inc.

JULY 14, 2025

Late rent payments can feel like a curveball. You've managed your property meticulously, balanced your mortgage payments, and established lease agreements. Still, tenants missing rent payments somehow becomes a part of the game. Understanding Late Rent Payments Managing late rent payments requires more than frustration.

Rent

Young Management

FEBRUARY 6, 2025

Vacancy rates are one of the most significant concerns for property owners and landlords. A vacant rental unit not only generates no income but also adds to ongoing costs like maintenance, utilities, and advertising. Understanding how to minimize vacancy rates is an essential skill for any property owner.

Rental Property

MRI Software

FEBRUARY 11, 2025

Lease audits play a crucial role in ensuring accuracy and efficiency in multifamily property management. They help landlords uncover discrepancies, verify compliance with lease terms, and maintain better financial control over their property. Regular audits ensure your property runs smoothly and remains profitable.

Lease

Bay Property Management Group

APRIL 4, 2025

Acquiring property without buying it outright sounds too good to be trueuntil you learn about ground leases. Ground leases let tenants develop land without owning it, offering benefits like lower upfront costs but posing risks such as rising rent and loss of improvements. How Does a Ground Lease Work?

Lease

Authority Property Management

FEBRUARY 7, 2025

Actionable Strategies to Stand Out, Attract Quality Tenants, and Boost Your Rentals ROI Unlocking Your Rental Propertys Full Potential in Redding Owning a rental property isnt just about collecting rentits about creating a space that attracts and retains quality tenants.

Property

Bay Property Management Group

FEBRUARY 25, 2025

There are many ways to assess the success of a rental property, but one of the most effective, tried-and-true ones is the rental yield. This tool helps investors determine how much income a property generates in relation to its cost. What Is the Rental Yield (and Why Does it Matter?) Lets keep things simple.

IT