Property Management News

How Apartment Communities Can Help Renters...

Multifamily owners and operators can support residents in boosting their fiscal fitness with insights from the 2024 NMHC and Grace Hill Renter Preferences Survey Report. Understanding the needs and concerns of renters is crucial for providing exceptional service. Renters today are focused on their financial fitness, and the 2024 NMHC and Grace Hill Renter Preferences Survey Report shows how owners and operators can help residents with their financial goals. Multifamily owners and operators can integrate innovative and user-friendly financial options into the marketing and management of their properties. This not only offers the ability to attract new renters and retain current renters,... Read more

Think you've got the best apartment community in your city yet struggling to retain residents? We get it. In the ever-changing landscape of apartment life,...

What Is a Short-Term Gain? A short-term gain is a profit realized from the sale of personal or investment property, a capital asset, that has been held for one year or...

You’d like to expand your investment portfolio of rental homes but today’s hot market for single-family houses has removed any chance of turning a profit for...

In the ultra-competitive world of multifamily property management, your online reputation is more crucial than ever. The importance of actively managing and responding...

3 Challenges Facing Multifamily Apartments in...

2023 was a volatile year for the multifamily industry. Demand patterns and rent prices returned to a post-pandemic normal, but apartment communities' operating expenses skyrocketed while nationwide occupancy rates declined. Additionally, the supply of new units entering the marketplace drove up competition and gave renters more control in choosing where to rent.  Those issues are setting the stage as the industry turns the calendar. How will they impact your communities' plans to attract, attain and retain residents? Let's look deeper at the challenges owners and operators face in 2024 and how to overcome them. Challenge #1: 2024 will be another record-breaking year of... Read more

In most states, landlords are required to give tenants 30-60 days’ written notice before selling their rental property. This is to allow tenants sufficient time to...

The president is proposing funds to increase tax credits, support construction of affordable housing and reduce homelessness. President Joe Biden on Monday proposed...

Multifamily demand is likely to remain healthy in 2024, though rent growth will be tested by decelerating economic growth and a rapid supply uptick in some...

Operators are always striving to create a better resident experience that has a lasting impact. For many, that begins with establishing quality relationships that...