
Property Management Terms
Internal Rate of Return (IRR) in Property Management: A Complete Guide
The Internal Rate of Return (IRR) determines whether a rental property will generate sufficient returns to justify your time, money, and risk
Pulse
Your weekly pulse of what's happening in the rental industry right now Issue #3 | July 4, 2025 | 3-minute read
Property Management Terms
A guarantor is someone who legally promises to pay rent if the tenant defaults. Industry standard requirements include 80x monthly rent income and 700+ credit score
Property Management Terms
The Empire State Building actually used to sit on ground leased land until the 1990s when the building owners purchased the underlying land to unify ownership
The color-coded visualization offers an at-a-glance understanding of how your state ranks in protecting your ownership rights against potential adverse possession claims.
The OCEAN framework serves as a mnemonic device to remember the essential elements required for a successful adverse possession claim.
Whether you became a proud owner of real estate intentionally or not, at some point in your life, you will likely ask yourself the question, "Should I manage my own rental property?".
If you have been a landlord for a while, then you have likely been faced with the dilemma of when and how to raise the rent on your tenants and whether you should even consider it in the first place.
If you are a landlord or a property manager, at some point in your career you will have the unfortunate displeasure of having to evict a tenant.
After a decade of experience in the property management industry, I've learned that there are a few important things that you must focus on to become a vendor for apartments and property management companies.
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The U.S. Census Bureau includes everything from electricity bills to wood heating costs in gross rent calculations, making it far more complex than most property managers realize
A gross lease is a rental agreement where tenants pay one fixed monthly rent amount while landlords cover most property expenses
Your weekly pulse of what's happening in the rental industry right now
A grace period represents the specific timeframe after rent's due date when tenants can pay without facing late payment penalties or negative consequences
Each situation requires specific expertise in foreclosure law, real estate regulations, tenant protection statutes, and property disposition strategies
Floor Area Ratio is the ratio of a building's total floor area to the size of the lot it occupies; you calculate FAR by dividing your building's gross floor area by your lot area
HUD's Fair Market Rent calculations affect over 2.3 million American households, yet they're based on data that can be up to three years old by the time it takes effect
The Fair Housing Act establishes federal protections for seven protected classes while also requiring specific accessibility standards for multifamily housing built after 1991
Eviction is the legal mechanism landlords use to terminate a tenant's right to occupy their rental property and recover possession of the premises
Here's a shocking fact that might surprise you: a single piece of paper called an estoppel certificate can make or break a multi-million dollar commercial real estate deal
Whether you're holding security deposits, managing mortgage payments, or facilitating real estate transactions, escrow serves as the financial safety net that protects everyone involved
Whether you're a new landlord trying to compete in today's rental market or an experienced property owner looking to maximize returns, understanding effective rent is essential for survival