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# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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1099

Since one of the core responsibilities of a property manager is to manage an owner’s assets, income, and expenses, you’re constantly dealing with accounting whether you like it or not. From receiving rent payments to handling vendor invoices,...

A

Absentee Owner

As a property manager, you’re not just keeping properties in order; you’re building relationships with clients for the long term. However, there’s a special type of owner who might need a bit more attention: the absentee owner. Let’s...

B

Bonus Depreciation

Disclaimer: The details below provide broad information on bonus depreciation. For specific and timely advice on tax and financial matters, it’s always a good idea to speak with a certified public accountant or other tax professional familiar with...

C

Capitalization Rate

As a residential property manager, you juggle evaluating properties, managing tenants, and overseeing property operations. While daily activities keep you busy, it’s also important to grasp how your properties perform financially. One key metric to keep in mind...

D

Dwelling Fire Insurance

As a residential property manager, protecting the properties under your care is one of your primary responsibilities. Whether you manage single-family homes, multi-unit buildings, or vacation rentals, it’s important to make sure these properties have proper insurance. One...

E

Estate for Years

As a property manager, you’re responsible for managing a variety of lease agreements and keeping tenant expectations clear and enforceable. One key concept you may encounter in property management is estate for years. This legal term may seem...

Estate from Period to Period

As a property manager, grasping different types of leases is fundamental to managing your properties effectively. One such lease structure, estate from period to period, may initially seem complex, but it’s quite straightforward when broken down. This blog...

Estoppel Certificate

As a property manager, you’re likely to encounter many documents and legal terms. One such document you may come across is the estoppel certificate. While it might sound like legal jargon, an estoppel certificate is a significant tool...

G

Gross Effective Income

One of the most important financial metrics property managers use to gauge property performance is gross effective income (GEI). This metric helps you understand how much income a property generates after accounting for certain adjustments, such as vacancies,...

Gross Rent

One of the fundamental terms you’ll come across in property management finances is gross rent. This blog post will provide a straightforward explanation of what gross rent is, why it matters, and how you can use it in...

Ground Lease

A ground lease, also known as a land lease, is a long-term agreement where a tenant leases land from a landowner but retains ownership rights over any buildings or structures erected on the property. This type of lease...

H

HOA Architectural Guidelines

Homeowners Associations (HOAs) play an important role in maintaining the aesthetic and structural integrity of residential communities. One of the key tools they use to do that is architectural guidelines. These guidelines make sure that any modifications or...

HOA Fees

Whether you manage a single unit in a condo complex or multiple properties across HOA-governed communities, HOA fees are part of the equation. In this post, we’ll break down what HOA fees are, what they typically cover, how...

HOA Reserve Fund

If you manage rental properties within a homeowners association (HOA), understanding the HOA reserve fund is more than a financial detail—it’s essential to keeping your operations smooth and your residents satisfied. In this post, we’ll break down what...

J

Joint Tenancy

If you’ve ever reviewed a lease or title that lists multiple individuals as property owners or tenants, you may have come across the term joint tenancy. But what does it actually mean—and how does it affect your responsibilities...

L

Lease Option

Lease options aren’t as common as traditional lease agreements, but when they show up, they require a closer look. Whether you’re managing a rental for a property owner or working with a tenant interested in long-term flexibility, understanding...

M

Market Rent

Setting the right rent price is one of the most important things a property manager does—and getting it wrong can have real consequences. Price a unit too high, and you risk long vacancies. Too low, and you leave...