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Buying A Duplex: What You Need to Know

Bay Property Management Group

Cons of Buying a Duplex: Managing a duplex comes with added responsibilities, such as handling tenant disputes, increased maintenance costs, and financing complexities that may differ from single-family homes. If you rent out both units, youre earning from two tenants instead of one. What Is a Duplex?

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Long-Term Tenant Communication Tips for Seattle Landlords

Real Property Associates

Strong landlord-tenant relationships are key to maintaining a successful and profitable rental property. In Seattles competitive rental market, effective communication methods can be the difference between retaining a long-term tenant and dealing with frequent turnover.

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Current Rental Market Conditions for Single Family Homes in South Florida

Florida Property Management

Miami Dade, Broward and Palm Beach Counties The South Florida rental market has always been a dynamic and sought-after segment, particularly for single-family homes in Palm Beach, Broward, and Miami-Dade counties. Understanding these trends is crucial for investors, landlords, and tenants alike.

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What is a Duplex?: A Guide for Real Estate Beginners

Bay Property Management Group

Since each unit has separate utilities, tenants are only responsible for paying for their own usage. Benefits of Investing in Duplexes Duplexes have numerous benefits, including: More Bang for Your Buck Duplexes tend to cost less than single-family homes because they share spaces.

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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Dodson Property Management was my professional home from 2009 until we sold the company a few years ago. By the time we sold, we were managing over 4,000 single family homes and apartment units, plus 17,000 doors for HOAs. which focuses on protecting tenants rights, landlords rights and property rights.

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

Bay Property Management Group

Additional protections can safeguard you against specific risks , such as flood insurance for properties in flood-prone areas, vandalism coverage, and tenant discrimination protection. For example, you can purchase coverage for vandalism, legal fees, or tenant-related issues. Homeowners insurance wont cover the lost rent.

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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.