article thumbnail

What Is An Easement In Real Estate? What To Know

Bay Property Management Group

In your real estate journey, you’ll bump into a few terms that might sound a bit complicated at first, like easement. And you might be wondering, what is an easement in real estate? These rights are often granted to neighbors, utility companies, or government entities for different purposes.

article thumbnail

Are energy management systems right for all property managers?

Yardi Breeze

That means they’re doing monthly utility calculations, inputting utility invoices into custom spreadsheets and manually generating charges for tenants. Energy management systems automate these processes and provide better transparency into utility usage and expenses. High demand for automation Late fees can be significant.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What Is STR in Real Estate? Here’s What Investors Should Know

Bay Property Management Group

The real estate world never stops evolving. But what is STR in real estate, and why is everyone from investors to Airbnb hosts talking about it? What Is STR in Real Estate? They’re reshaping real estate and creating new opportunities for investors ready to adapt. One of the biggest right now?

article thumbnail

What is Coliving in Real Estate: A Guide for Investors

Bay Property Management Group

Coliving has taken the real estate world by storm, attracting professionals, digital nomads, and investors alike. The monthly rent often covers everything, like utilities, Wi-Fi, cleaning, and access to shared spaces. For instance, they handle marketing, tenant management, utilities, and upkeep.

article thumbnail

What is NOI In Real Estate, Answered

Bay Property Management Group

If youre investing in real estate, knowing your numbers is key. But what is NOI in real estate, and how does it impact your investments? What is NOI in Real Estate? Net Operating Income, or NOI, is a key metric in real estate that shows how much profit a property generates.

article thumbnail

Finding the Perfect Multifamily Property

American Apartment Owners Association

Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Or are you an old pro adding another investment property to your real estate portfolio?

article thumbnail

Best practices for expanding your property management portfolio into new markets

Buildium

If commercial real estate rents dip, your residential properties can buoy you up (and vice versa). This limits your exposure to region-specific challenges, such as real estate regulations and natural disasters. Building Local Partnerships Partner with local real estate agents, contractors, and real estate lawyers.