Property Management News

Surprise! Millennials driving the housing market

It's funny how quickly conventional wisdom about Millennials and the real estate market can change. In the wake of the Recession, it seemed no one under 30 was buying houses. As recently as June a research report from UBS Financial Services called Millennials “the renting generation,” predicting homeownership trends among this population would continue to fall. But the recent increase in first-time buyers entering the housing market is largely made up of Millennials, seeking the stability of mortgage payments that rise very little, if at all, year to year. Lawrence Yun, chief economist for the National Association of Realtors (NAR), says Millennials are buying houses for many of... Read more

Tenant's Violation of Town / Village Code Noise violations, occupancy limits and parking issues can cause a landlord to find himself in Town or Village Court...

As the year began, kitchen and bath trend forecasters made their pronouncements about what changes we should expect to see in 2015. Now that we are halfway through the...

By: William L. Exeter President/CEO of Exeter 1031 Exchange Services, LLC. CAN I COMBINE A 121 AND 1031 IN ORDER TO AVOID PAYING CAPITAL GAIN TAXES? IF SO, WHAT...

By: Stephen C. Duringer, Esq. The Duringer Law Group, PLC QUESTION Just opened up the mail, and what do you suppose was in it? A notice from my bank informing me that...

Lock-In Estate Tax Discounts BEFORE the IRS...

By: Attorneys Kenneth Ziskin & Michael J. Wittick For decades, families facing exposure to Estate Taxes have used Family Limited Partnerships and LLCs to discount these taxes. However, the time to use discounting strategies looks like it is about to expire. In mid-May, 2015, a senior Obama Treasury Department official announced that it is nearly ready to adopt regulations that will limit, or even eliminate, the ability to use these discounts for your family. She projected that the IRS would adopt (or propose) these new regulations before the middle of September, 2015. Many experts believe the effective date will probably be the date the rules are announced, or shortly... Read more

By: Coach JoAnna Burks www.coachjoannaburks.com THE EPIDEMIC Stress is commonplace in America; an epidemic that can drain you both personally and professionally,...

To Increase Rents Or Not To Increase Rents That Is The Question! A Landlords Guide to Knowing when to Increase Rents As owners of a property management firm and...

By: Neil Fjellestad and Chris De Marco FBS Property Management RENT We have taken up in previous articles some of the regional economic data that spells a renaissance...

Cold Calling Is Out & Outreach Is In By: Elaine Simpson Founder: Occupancy Solutions LLC. It seems that throughout my 27 years in the multi family industry, I have...