Property Management News
Yes, renting out your primary residence can be a great way to generate additional income, especially if you have unused space or plan to be away for an extended period. But before doing so, there are several things to consider first: Local zoning laws: Some areas may restrict the frequency or duration of specific types of rentals, such as short-term or medium-term rentals, so keep this in mind if you plan to offer more than 12-month lease options. Homeowners Association (HOA) rules: If you live in a community with an HOA, check their regulations as some may limit or ban rentals, even if they are occasional. Tax implications: Rental income is taxable, but you may qualify for deductions... Read more
Technology has seeped into every part of our daily lives, including our homes. Over the last decade, the number of homes with at least one smart device has steadily...
It’s obvious effective rent collection is essential for maintaining cash flow and ensuring the financial health of any property. However, traditional methods like...
Tenant screening is one of the most important steps you can take as a landlord or property manager to ensure you rent to reliable, trustworthy individuals. However, with...
Dogs are cute. Howling all night? Not so much. Here are some ideas about how to handle things when residents have pet-related issues. Despite all efforts, having...
Getting a real estate license can be a game-changer for anyone looking to build a career in the real estate industry. Whether you’re interested in residential or commercial real estate, understanding the licensing process is essential. This guide walks you through the steps on how to get a real estate license, the time required, and how to start a real estate business. Real Estate Degree Many wonder, do you have to go to college to be a real estate agent? While a college degree is not required, most states mandate pre-licensing coursework, usually between 60-90 credit hours. These courses cover essential topics such as property ownership, contracts, and legal regulations. For those... Read more
Uncover the tax benefits in multifamily real estate investing by utilizing depreciation deductions to reduce taxable income and mortgage interest deductions to lower...
There are few things that the entire real estate industry can agree on, but one is that rent control is bad for business. Restricting how much a landlord can...
Artificial intelligence (AI) is revolutionizing industries worldwide, and real estate is no exception. From streamlining property management to predicting market...
Without website traffic, nothing happens. Why? Traffic is the starting point of your resident’s lifecycle. Traffic → Website Engagement → Lead → Tour →...
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