Property Management News
Given the escalating demand of renters and the pressing issues of low occupancy rates, multifamily property managers face a constant task of guaranteeing an exceptional living experience for their renters. In addition to that, there is the need to enhance their competitiveness, improve resident satisfaction and drive long-term success in the rental market. Probably one of the most effective ways to evaluate the various aspects of the rental process in apartment communities is to hire a secret shopper. They provide unbiased and detailed feedback by offering a fresh perspective on the property’s strengths and weaknesses. Their reports are then provided to the property management company,... Read more
Active vs. Passive Investing: An Overview Real estate investment is a popular avenue for wealth creation, but it’s not a one-size-fits-all approach. The decision...
After nearly four years, the country’s largest apartment owners are beginning to see revenue trickle in from units where renters were protected by pandemic-inspired...
The U.S. Department of Justice has secured an agreement for landlords to pay $500,000 in damages in a sexual harassment lawsuit involving the sexual harassment of...
Your apartment community’s online reviews are sometimes more influential to prospective residents than your marketing messaging because they provide a more authentic,...
Real estate investing offers the potential for attractive returns through rental income and property appreciation. However, it also comes with significant risks that need to be addressed. This article provides property investors essential guidance on identifying, evaluating, and managing major real estate investment hazards. Conducting Due Diligence is the First Line of Defense Before committing money to a rental real estate purchase, follow these best practices for conducting thorough due diligence: Inspect the Property Condition and Assess Vacancy and Maintenance Risks Carefully examining the physical premises and financial statements is crucial for... Read more
We’re well into tax season now, and that means it’s time to start prepping those tax returns. While it’s typically not a fun task, there’s...
Naming apartments is a tricky game—and creating it to be one-of-a-kind is the NAME of the game, pun completely intended. What Can an Apartment Name Do? The purpose of...
The number of apartment spaces being created in office buildings across major cities this year has risen to over 55,000, four times higher than the 12,100...
A property manager has the authority to evict a tenant from the property. Tenant eviction is a legal process that the property manager can initiate if the tenant...
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