Property Management News
ADUs—accessory dwelling units, also sometimes known as granny flats—can have a huge impact on a home’s value. Here’s what you need to know, whether you’re building or buying a house with one. If you’re in the market for a new home, few features on your potential property may sound more appealing than a second, bonus structure to use as an office, an in-law suite, or a rental property. But while these structures—known as accessory dwelling units, or ADUs—sound promising, figuring out how to maintain and properly code your new accessory dwelling unit isn’t easy. Plus, there are some special considerations you’ll want to consider if you’re... Read more
When homebuyers tour potential homes, most can spot obvious problems like a bad grout job in the bathroom or an outdated kitchen. But do you know what to look for...
By Gita Faust, author of Residential Property Management for Landlords: QuickBooks Desktop: Closing the Gap Between Bookkeeping and Financials in Real Estate and Rental...
Hiring and keeping property management staff has always been challenging, but more so now than ever. The Great Resignation that COVID-19 spurred has made it much more...
There are different ways to invest in real estate. If making money sooner rather than later is your goal, one of the key ways you can do that is by purchasing real...
By Terry Painter, President of Apartment Loan Store and author of The Encyclopedia of Commercial Real Estate Advice Recently, my company, Apartment Loan Store, got a call from an investor who was desperate for a loan. Well, that’s an understatement. He was clearly in shock. He had just received a letter from his credit union stating that after 5 weeks, they were denying his loan to purchase a 16-unit apartment building in Boise, Idaho. He had taken 9 months to find this property and the seller was even willing to make some preclosing repairs. Now his hopes for closing were dashed as the sales contract was due to expire in 3 weeks. This should never happen but does far too often.... Read more
Many sellers agree to an off-market deal because they are given an ‘offer they couldn’t refuse.’ In the last few years, competition for multifamily deals has...
The basement is an important part of your property to protect so let’s take a look at the issues around how to best waterproof your rental property basement. Aside...
By David Richter, author of Profit First for Real Estate Investing Do you want to feel in control of your cash? Every human has some emotional tie to money. It’s...
Indoor air quality for cannabis-related businesses is a key concern for business owners and landlords, who must protect themselves from liability while offering safe,...
Accessibility