Property Management News
We dive deep into the world of short-term rentals and Airbnb with expert Rafael Loza. Learn how Rafael built a thriving real estate business, managing over 100 units across the country, and gain valuable insights into scaling your own short-term rental empire. The Early Days Rafael Loza’s entry into real estate was driven by necessity and curiosity. Living in Orange County with limited financial resources, Rafael had $20,000 saved up, hoping to buy a property and generate cash flow by renting it out. However, the reality was harsh; the traditional rental model did not yield the expected returns. It was a chance encounter at a party that introduced Rafael to the concept of Airbnb. Inspired... Read more
Owning and operating large multifamily assets is literally running a multimillion-dollar business. It’s a dynamic and complex venture that requires meticulous...
It is no secret that fraud continues to be a key pain point in the multifamily industry. According to recent research from Forrester, 97% of multifamily organizations...
An Ohio woman finds her locks changed after she refuses her landlord’s demands for sex. A Colorado family finds the new landlord gropes the children. Paying rent for a...
KEY TAKEAWAYS Higher interest rates and rising defaults have resulted in more fraudulent property schemes being exposed. Federal prosecutors and regulators are...
California has one of the most expensive housing markets in the country. This week, the city of San Jose took steps to change that. The Silicon Valley metro became the first to make it legal for homeowners with backyard accessory dwelling units to sell those ADUs separately from their primary residences as condominiums. This ordinance will take effect on July 18. Will the rest of the nation follow suit with this housing trend? How this came about A bill passed last year in California, AB 1033, allows cities and counties to permit sales such as these, if they so choose. The author of that bill, Assemblymember Phil Ting, wrote, “The average size of a single-family home in California is... Read more
A bidding war is when multiple potential buyers compete to purchase a single property by offering more money and other perks. Buyer tactics include raising the price...
The commercial real estate market ebbs and flows, but one constant remains: the importance of a high-quality property. Whether demand is high or low in your market,...
KEY TAKEAWAYS Airbnb hosts nationwide have formed impactful advocacy groups to combat regulations against short-term rentals. Financial backing from companies like...
Preparing to open a new community comes with a lengthy task list for multifamily owners and operators. Yet, as the final punch list is knocked out, the largest...
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