Property Management News
Rent Collecting Options Cash We recommend against using cash to collect rent. It’s not very secure, and can be lost, stolen, etc. You should also issue a receipt, which is often difficult to do in the moment. Peer to Peer Payment Platforms There are various payment platforms these days that make sending and transferring money a breeze. They all essentially aim to make the transfer of funds as quickly and painlessly as possible. There may be fees, transfer limits, no cancellations, payments sent to the wrong account, etc. However, take note that in some locations, if a tenant has made a partial rent payment, even just $1, you may not be able to start an eviction process. If an... Read more
They call it passive investing. You buy an investment property, find tenants and collect the rent. Sounds so easy doesn’t it? But the reality is that there is a great...
Enhance your tax efficiency while refinancing multifamily properties by strategizing your depreciation deductions. Consider cost segregation studies and categorize...
Why rent a house over an apartment? Extra privacy and space are the understandable top reasons, but there’s a twist: The need for better pet accommodations surpasses...
Investing in multifamily small apartment buildings is a powerful way to build wealth, offering significant personal and financial advantages. For first-time investors,...
Today’s renter is many things . . . demographically diverse, often working remotely, seeking social interaction and quite value-conscious. And importantly, increasingly prioritizing spaces that accommodate their lifestyle—including the companionship of pets. With two-thirds of U.S. households containing pets, chances are that many people considering your community as their next home will have a companion animal. So how can rental housing operators maximize their appeal to this group and create ideal pet-inclusive communities? The Ideal Pet-Inclusive Community First, an ideal pet-inclusive community goes beyond merely accepting pets; it creates a vibrant, safe, and welcoming space... Read more
We are often asked by other landlords like ourselves, “Do I need a business bank account for rental income?” For most, the answer is yes. Managing rental properties...
The U.S. Department of Justice has sued the owners and managers of an apartment complex for discriminating against Black tenants over felony and criminal history...
Refinancing multifamily properties can greatly impact your tax liabilities. Deductible interest on the new loan amount and for property improvements can lead to tax...
As Hurricane Milton bore down on Florida– the second major hurricane in just two weeks to hit the state – some Americans said natural disasters will play a role in...
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