Property Management News

Preparing Your Multifamily Properties for Spring

Maintenance Tips and Best Practices For Your Multifamily Property Spring is beginning to bloom nationwide, bringing longer days, warmer weather, and a sense of renewal. With the warmer weather on the horizon, you may notice all of the effects of the winter weather on your multifamily property. Whether it is wind, snow, ice, rain, or cold weather-related, you may be disappointed seeing the status of your property. Thankfully, spring is a perfect time to make necessary repairs, adjustments, and improvements to your multifamily property to get it in tip-top shape come summer. Multifamily Property Spring Cleaning Checklist: Inspect The Properties Roof & Gutters The stress of winter and... Read more

It’s common knowledge that one way to get a good deal on a home is to buy one that is in foreclosure. The current owner has defaulted on their mortgage payments and...

KEY POINTS You may be able to get a good price on a foreclosure. If you buy a foreclosed home at auction, you'll usually have to pay cash. The home may not...

Avoid these three mistakes to flip properties profitably and efficiently. Key Takeaways Three common mistakes to avoid when flipping a property House flipping has...

For those who aren't in the publication industry, a blog, feature and press release all might mean the same thing. Non-sports fans sometimes refer to baseball...

6 Ways to Add Value to Your Apartment Community

Multifamily industry experts share their advice on handling value-add renovations to achieve the best possible outcomes. Before creating any new strategy in multifamily, establishing solid market research and supporting numbers of investment returns are key to its success. Approaching potential value-add properties are no exception. From quick cosmetic fixes to upgrading major systems, value can be found in properties that once were shiny and new. However, implementing the right upgrades can prove tricky without proper understanding of each community’s market and the residents who call it home. First and foremost, Sean Burton, CEO of Cityview, says, “Operators really need to be able... Read more

We turned to experts to find out how artificial intelligence is reshaping the rental sector. Multifamily is and has been, no doubt, long dependent on...

Property damage from water infiltration can cost thousands of dollars in expensive, time-consuming repairs to your rentals. For instance,  just 1 inch of flood water...

New York City Department of Housing Preservation and Development (HPD) Commissioner Adolfo Carrion Jr. has announced a new program that encourages New Yorkers to build...

It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both...