Property Management News
Accelerated demand for larger apartments falls off as everyone can get away from each other again. There was noted heavy demand for more space during the heights of the pandemic. When offices and schools were closed, along with cafes, libraries, and other places that might offer a place to work or study, people looked for larger living spaces. That could be purchasing a house out of a city, or it could also be leasing a larger apartment. Renters’ choices are swinging back in the other direction now. “In yet another example of apartment fundamentals returning to pre-pandemic norms, occupancy among unit types has rebounded back to typical pre-COVID patterns,” RealPage writes. “In... Read more
Diving into the world of multifamily real estate investment, you’ll quickly encounter terms like Class A, Class B, and Class C properties. These classifications...
Peter Avitabile sat in his pickup truck outside his Rockland townhouse — a place he hadn’t set foot in for two years — fuming about the tenant who refused to...
The Los Angeles County Board of Supervisors has unanimously voted to increase apartment inspections and withhold rent payments from negligent landlords, a vote that...
Given the escalating demand of renters and the pressing issues of low occupancy rates, multifamily property managers face a constant task of guaranteeing an exceptional...
Real estate investing can be an extremely lucrative business if done right. One of the most important skills for a successful real estate investor is the ability to negotiate effectively. Negotiation is truly an art form that involves strategy, communication skills, critical thinking, and the ability to read people. Master negotiators in real estate are able to consistently buy low and sell high, maximizing their profits. In this blog post, we will dive into the intricacies of negotiation in real estate investing to help you hone your skills and become a smarter investor. Understanding Your Walk Away Point Before entering any negotiation, it’s critical that... Read more
The use of proptech is a factor that is sure to come up regularly in conversations among executive teams, regional vice presidents and local property teams, simply...
When peak leasing season hits, property teams bring their A-game to fill vacancies fast and connect with an influx of leads. This calls for efficiency, high-quality...
Occupancy rates are ideal and residents are content, but there is still one problem – a number of residents perpetually fall behind on their rent payments each month....
“Fair chance” ordinance could fine landlords for discrimination based on a tenant’s record The Los Angeles City Council will consider whether to bar landlords from...
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