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The hidden potential of rent roll analysis for property managers

Buildium

When you think of a rent roll and rent roll analysis, you probably think of investment opportunities. But a rent roll isn’t for investors only. A rent roll analysis on multi-family properties is especially helpful, since it allows you to look at multiple units all at once. What Is a Rent Roll?

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What Insurance Do I Need If I Rent Out My House?

Bay Property Management Group

Protecting whats yours is one of the most important parts of managing a rental property. And if youve been asking yourself, What insurance do I need if I rent out my house? Main Takeaways What insurance do I need if I rent out my house? What Makes Rental Property Insurance Different from Homeowners Insurance?

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What Is a Rent Stabilized Apartment? What You Need to Know

Bay Property Management Group

Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. In this guide, well break down what rent stabilization really means, who it applies to, and what renters and landlords should know.

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

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8 practical use cases for AI in property management that you can try today

Buildium

For example, property managers can now use natural-language processing chatbots to resolve common tenant issues, machine learning algorithms to predict maintenance issues, and computer vision to offer virtual tours to rental applicants. Enhanced Tenant Experience: Unlike human customer support agents, AI chatbots never get tired.

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How to Keep Your Tenants Safe

American Apartment Owners Association

The signing of a rental lease agreement represents an expectation of trust between a landlord and a tenant. Just as you are placing your faith in a new tenant to pay their rent on time and respect your property, they are placing their trust in you that you will keep them safe while providing them with a habitable home.

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How to Become a Tiny House Landlord

American Apartment Owners Association

AvalonBay has added about 50 ADUs into some of its California communities.The average 425-square-foot studios and junior one-bedroom units generate rent between $4 and $8 per square foot. On average, the units have been rented out within 30 days and there have been minimal concerns from existing tenants.

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