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

Buildium

Plus, AI can help you catch maintenance issues early to reduce repair costs and optimize utility use to lower energy costs. With AI-powered smart devices, you can track and automatically adjust HVAC, lighting, and other utility usage. To hit the sweet spot, use AI to analyze real-time rental market data.

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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.

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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.

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

A multi-family property will allow you to collect rent from a number of tenants, while a single-family home would yield just one rent payment a month. Various fees you charge, such as for the tenant to have a pet or date payments, could also contribute to your rental propertys gross income.

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What is the Average Cash Flow on a Rental Property?

American Apartment Owners Association

A multi-family property will allow you to collect rent from a number of tenants, while a single-family home would yield just one rent payment a month. Various fees you charge, such as for the tenant to have a pet or date payments, could also contribute to your rental propertys gross income.

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Are You Charging a Fair Rental Rate?

Authority Property Management

This includes the cost of rent for a rental property plus essential utilities such as water, gas, and electricity. Gross rent does not include non-essentials such as, internet, cable or satellite, and telephone utilities. More so, contract rent is the rental payment that’s agreed upon in the lease.

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What are multifamily ADUs?

MRI Software

Accessory Dwelling Units (ADUs) are a fantastic way to make the most out of your property by creating additional housing options. While many people associate ADUs with single-family homes, theyre also an incredible opportunity for multifamily properties. How can multifamily ADUs increase rental income and property value?