Property Management News
In today’s fast-paced world, finding ways to grow your wealth while you sleep is a dream many aspire to achieve. One avenue that savvy investors are exploring is passive multi-family property investments. In this article, we’ll delve into the nuances of this lucrative opportunity, uncovering the secrets to building wealth effortlessly. Understanding Passive Multi-family Property Investments What Are Passive Multi-family Property Investments? Passive multi-family property investments involve owning residential buildings with multiple units, such as apartments or townhouses, and generating income from renting them out. Unlike active real estate investing, where you’re hands-on in... Read more
A true sense of “home” is often elusive for renters, who typically view their residence as temporary, but establishing that feeling of belonging is...
Would you happen to know your apartment’s online reputation? Are you actively managing it? Reputation management influences “how your community is perceived...
Even with the challenges of high interest rates, investors still believe in the multifamily market, with the latest research from Newmark showing that this sector...
Multifamily industry experts share their advice on handling value-add renovations to achieve the best possible outcomes. Before creating any new strategy in multifamily,...
February is Resident Appreciation Month! Fewer people are buying homes, so while staying in a community is the path of least resistance—it should be more than that. Residents renewing their lease should be filled with comfort! Multifamily communities everywhere should be preparing for this (and have some portion of their budget to dedicate to it, as well.) The truth? Without your residents, you’d be an empty building—so it’s time to bolster your resident experience and boost your resident referral program. And give a few gifts while you’re at it! Have fun with it and make this a month to remember, and set the tone for the way you appreciate residents the rest of the... Read more
How to use the “new word of mouth” to attract prospective renters. Over the last decade, online shopping channels such as Amazon, have made customer reviews...
Building more housing on larger residential lots could be California’s next ‘gold rush.’ Who knew? Homes on big lots, corner lots and cul-de-sacs are...
REITs vs. Real Estate Mutual Funds: An Overview Real estate investment trusts (REITs) and real estate mutual funds both offer diversification and an easy, affordable...
It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both...
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