Property Management News
RAND Corp. report looks at the feasibility of “adaptive reuse” of underutilized commercial buildings for home development. Los Angeles County could add 72,000 to 113,000 units to its housing supply by converting underused hotels, offices and other commercial buildings into apartments, a new study found. That would represent 9%-14% of the county’s state-mandated housing goal for late 2029. But such “adaptive reuse” would work best for hotel conversions, and most of those new units would have to be studio apartments to make financial sense, according to a RAND Corp. study released Wednesday, April 6. In all, the county has about 2,300 underused hotels, office buildings and... Read more
New rules rolled out earlier this year by mortgage giants Fannie Mae and Freddie Mac are creating a bottleneck in the real estate market for those seeking to buy or sell...
With pet ownership on the rise in the United States, many communities have started introducing special amenities and advertising themselves as “pet friendly” to...
The cost of a water heater varies significantly based on the type you choose—and how well it works over time. Here’s what you need to know to make a plan. A...
Today, falls are the leading cause of injury-related death among adults aged 65 and older. Additionally, the death rate from falls is increasing. Right now, about one...
How to best protect both guests and your property with home alarm systems If you own an income-producing property, it’s important to protect it from theft and vandalism. In many states, a landlord’s legal responsibilities include some degree of protection of his tenants. Courts are seeing increasing numbers of landlords being sued by tenants who were injured by criminals while living in a rental property. An effective home security system for your rental property can help prevent these legal and financial troubles. Let’s take a look at some factors to consider when choosing a security system for an income property. Monitoring Options Most security systems include some... Read more
Chicago-based R2 Cos. has identified another kind of historic structure that can provide a new source of units: Masonic temples. “Membership has dwindled in...
Want to make more money from your rental property? Here are four ways to do it. With any investment property, you’re looking to increase your value and improve...
You cannot expect your outside Exterior Elevated Elements (EEE) to provide years of enjoyment without making sure they are secure. Routine inspections as required by...
Cost and time reductions in the 15% to 20% range often cited for adaptive reuse. In general, adaptive reuse for commercial buildings is gaining favor due to its...
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