Property Management News
Fraud impacting rental housing costs throughout the country is on the rise and includes incidences of fraudulent rental applications, financial and identity fraud, and is often fueled by social media, the National Multifamily Housing Council (NMHC) says in a new survey. “Driven in part by social media platforms such as TikTok and Instagram, the rise in false rental housing applications is exacerbating rental costs, fueling the housing affordability challenges facing communities across the country and undermining the credibility of eviction data. These fraudulent incidents consist of a wide range of wrongdoing, including criminal behavior,” the NMHC says in a release about the... Read more
Things to look out for when viewing a property are never just a formality when embarking on the journey toward investing in property. This step is crucial because it’s...
The real estate sector presents many investment opportunities with unique benefits and challenges. Among these, multifamily properties are a particularly compelling...
‘At Lease’ is a term commonly used in commercial real estate, particularly in the multifamily sector. It is important to understand what this term means, as...
Negotiation strategy requires a grasp of macroeconomic and local factors. During the last year, it’s become clear that multifamily owners and operators have been...
A new report from Zillow reveals the rising costs for renters living alone. The cost of living alone in an apartment has gotten even pricier, according to a new report from Zillow. Renters looking to live by themselves in a one-bedroom apartment are now paying a premium of $7,110 per year, an increase of more than $100 from last year’s figure. New York City tops the list for the highest “singles tax.” According to Zillow’s New York City brand StreetEasy, the premium for solo living has reached $20,100, a $600 increase from last year. Rounding out the top five for the nation’s highest singles tax are San Francisco, with a $13,438 premium for living alone; San Jose, California,... Read more
The U.S. Department of Justice has secured an agreement for landlords to pay $500,000 in damages in a sexual harassment lawsuit involving the sexual harassment of...
For this generation, job opportunities outweigh the cost of housing High rents don’t seem to bother Gen Z when deciding where to move. Even though three-quarters of...
Tax planning is a critical aspect of managing a multifamily real estate investment portfolio. By implementing effective tax strategies, investors can optimize their...
One of the benefits to investing in both multifamily and real estate in general is that you receive returns in several different manners. This helps to diversify risk...
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