Hybrid Property Management in Milwaukee: A Modern Approach to Real Estate Case Study

Hybrid Property Management in Milwaukee: A Modern Approach to Real Estate Case Study

By Meng Chen September 5, 2023Investors, Landlords, Product

The Milwaukee property market is not new to shifts and changes. As the demands of property owners evolve and technology creates fresh opportunities, there is a new approach to property management that's been gaining traction: the hybrid property management system. This article dives into a case study comparing the hybrid approach to both self-management and traditional property management, specifically within the Milwaukee market.

A New Era of Property Management: Embracing the Hybrid Approach

By Chad Gipson August 29, 2023Landlords, Product

In today's fast-paced world, managing rental properties can be a challenging task for individual landlords. From tenant screening to maintenance requests and everything in between, the responsibilities seem endless. Traditionally, landlords have had two options: self-management or hiring a property management service. However, a new approach, known as hybrid management, is gaining traction and combines the best of both worlds. Let's take a closer look at each approach and how hybrid management is revolutionizing the property management landscape.

Using PortfolioBay’s Rental Property Calculator: A Comprehensive Guide

By Chad Gipson August 11, 2023Features, Product

PortfolioBay offers the premier rental property calculator for astute property investors. This free and user-friendly tool is designed to swiftly calculate essential financial metrics, providing you with a clear insight into a property's profitability and risk. In this step-by-step guide, we'll show you how to maximize this calculator, interpret each financial metric, and leverage the results to inform your investment decisions.

Finding Contractors for Onsite Maintenance: A Guide for Self-Managing Landlords, with a Spotlight on PortfolioBay

By Chad Gipson August 4, 2023Landlords, Product

Managing rental properties is a rewarding but often complex task. One of the most challenging aspects of property management is finding reliable contractors for handling onsite maintenance jobs. These tasks can become even more complicated when they arise during unexpected travel or vacation time for a landlord. In this article, we'll explore traditional ways of finding contractors and introduce PortfolioBay, a platform that aims to alleviate the headache of finding onsite contractors, helping self-managing landlords achieve the perfect balance between cash flow and flexibility.

Profitability Comparison: Long-term vs Short-term Rentals

By Chad Gipson July 24, 2023Investors, Landlords

The real estate market presents several avenues for income, two of the most common being long-term and short-term rentals. Both strategies carry distinct benefits and challenges that can significantly affect their profitability. Understanding these factors can help landlords and investors make informed decisions that align with their financial goals and management style.

10 Rental Unit Updates with the Highest Return on Investment

By Chad Gipson June 17, 2023Investors, Landlords, Tenants

When it comes to maximizing the return on investment for rental properties, strategic updates and renovations play a crucial role. By making targeted improvements, landlords can attract quality tenants, increase rental rates, and enhance the overall value of their rental units. In this article, we will explore the top 10 rental unit updates that have consistently shown the highest return on investment, along with some tips for making those updates effectively.

Landlord Software vs Property Management Software: Why PortfolioBay Stands Out for Self-Managing Real Estate Investors

By Chad Gipson June 15, 2023Investors, Landlords, Product

In the ever-evolving real estate industry, technology has become a valuable asset for landlords and property managers alike. With a wide range of software solutions available, it's important to understand the differences between landlord software and property management software. In this article, we will delve into these distinctions and shed light on why PortfolioBay stands out as the best landlord software for self-managing real estate investors.

Real Estate Syndication: Unlocking Investment Opportunities and Maximizing Returns

By Chad Gipson June 14, 2023Investors

Real estate syndication has emerged as an effective strategy for investors to pool their resources and access lucrative real estate projects that would otherwise be out of reach. By combining capital, expertise, and resources, real estate syndications provide a pathway for individuals to participate in larger-scale investments and diversify their portfolios. In this article, we will explore what real estate syndication is, how it works, the typical deal structure, and the fundamental math involved in underwriting a syndication deal.

Airbnb vs. Long-Term Rental: Exploring Pros, Cons, and Profitability

By Chad Gipson June 13, 2023Investors, Landlords

The decision between running an Airbnb rental or opting for a long-term rental strategy is a crucial consideration for property owners. Both approaches have their unique advantages and disadvantages, as well as varying profitability potential. In this article, we will delve into the pros and cons of Airbnb and long-term rentals and analyze the profitability of each option.

Pros, Cons, and Risks of Using Seller Financing for Investment Property Purchases

By Chad Gipson June 12, 2023Investors

Seller financing is an alternative financing option that allows buyers to purchase investment properties directly from the seller, bypassing traditional lenders. While it can offer advantages, such as increased flexibility and access to financing, there are also potential drawbacks and risks involved. In this article, we will explore the pros, cons, and risks associated with using seller financing for investment property purchases, empowering investors to make informed decisions.