article thumbnail

Long Beach Real Estate: Hidden Gems for Property Investors

Beach Front Property Management

Competition – A high number of rental units can lead to price variations. Best for : Buy-and-hold property investors seeking consistent rental income. Bluff Heights & Bluff Park These adjacent neighborhoods are known for their historic homes, beautiful tree-lined streets, and close proximity to the beach.

article thumbnail

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

Bay Property Management Group

Is it a single-family home? Homeowners insurance wont cover the lost rent. However, l andlord insurance can. Thats why you cant use regular homeowners’ insurance once you rent out your place. So, before you decide on a policy, here are a few things to think about. A townhouse? Maybe a small apartment building?

Insurance 130
Insiders

Sign Up for our Newsletter

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

article thumbnail

Condo vs Duplex: Which Should You Choose for Investing?

Bay Property Management Group

Pros Lower Purchase Price: Condos usually cost less to buy than single-family homes or duplexes. Here’s what they entail: Pros You Get Two Homes in One: A duplex is basically two rental units under one roof. So, you’re counting on a limited number of units to perform financially.

article thumbnail

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

Buildium

To hit the sweet spot, use AI to analyze real-time rental market data. For example, Buildium Marketplace partner Beekin gives you rent estimates on apartments, single-family homes, and condos based on 15+ million rental units. From there, Beekin will generate a rental price range for optimal returns.

article thumbnail

How to Successfully Scale Up with Multi-Family Property Investments

Real Property Management Enterprises

If you’re aiming to grow your rental property business, great news! Many rental investors begin with single-family homes, but scaling up often means adding multi-family properties. This guide will walk you through growing your investments and purchasing your first multi-family property.

article thumbnail

How To Determine A Fair Rental Rate Plus Factors To Consider

Rental Choice

An inappropriately priced rental unit can discourage tenants from renting or lead to potential losses. It’s important to strike a balance to make the most out of the rental property. There is no set rule or standard when it comes to determining a rental price. Factors to Consider: How Much Should I Charge for Rent?

Apartment 130
article thumbnail

Why Zillow Rent Estimates Miss the Mark in Redding, CA. A Local Expert's Insight

Authority Property Management

Here's why relying on a local real estate broker is essential for accurate rental valuations. Furnished vs. Unfurnished Matters One significant flaw in Zillow's Rent Zestimates® is the failure to differentiate between furnished and unfurnished rental units. This substantial price difference skews the overall rental estimates.