Property Management News
Flipping houses can be a lucrative investment strategy if you know what to look for in potential properties. The process involves buying homes at a lower cost, renovating them, and then selling them for a profit. However, not every property is a good candidate for flipping. This comprehensive guide will walk you through the key factors to consider when evaluating potential homes to use as flips. From location and market trends to property condition and renovation costs, we’ll cover everything you need to know to make informed decisions and maximize your returns. 1. Location, Location, Location One of the most critical factors in real estate investing, particularly for house flipping, is... Read more
After a volatile period in commercial real estate, many multifamily borrowers that seek to increase the stability and profitability of their apartment buildings have a...
Real estate investing is an excellent way to build wealth and generate passive rental income. One way for real estate investors to maximize their return on investment...
When winterizing multifamily rental apartments, it is essential to think beyond storm damage prevention. Cold temperatures, ice buildup, freezing, thawing, and even...
In the diverse realm of real estate, one sector that consistently garners attention is the multifamily property market. Multifamily properties serve as lucrative...
An accelerating surge in apartment rents is tightening the squeeze on the most affordable segments of the U.S. rental market. According to a new report from Redfin, renters seeking apartments under $1,000 a month are increasingly struggling to relocate as rising costs force them to stay in place longer and the number of new listings continues to dwindle. The analysis, which used data from the U.S. Census Bureau, found that the fraction of renters in this demographic declined from 50.4% in 2012 to 35.2% in 2022 and to 32.1% last year. Redfin attributed the decline in listings to a boom in asking rents after the pandemic, which led to rents stabilizing near their record highs soon... Read more
The most common resident persona in multifamily is the career-focused, non-homeowning young professionals. But don’t forget about those who just launched those...
Enhance your tax efficiency while refinancing multifamily properties by strategizing your depreciation deductions. Consider cost segregation studies and categorize...
We are often asked by other landlords like ourselves, “Do I need a business bank account for rental income?” For most, the answer is yes. Managing rental properties...
For Steve Bardack, the secret to resident engagement starts with a doggie door. “The doggie door is a game changer. A prospective resident sees it and instantly...
Accessibility