Property Management News

How to Screen Tenants

Last month, I got a call from an investor friend who was about to lose $8,000 because he’d rented to someone who seemed “really nice” but hadn’t actually verified their income. Three months later, he was dealing with an eviction, lost rent, and a trashed unit. Here’s the thing about tenant screening—it’s the difference between real estate investing being a wealth-building machine or a stress-inducing nightmare. Get it right, and you’ll sleep well knowing your properties are in good hands. Get it wrong, and you’ll be fielding 2 AM phone calls about broken things while chasing rent payments. The rental market is tighter than it’s been... Read more

Across the country, multifamily property owners are increasingly turning to renovations as a strategy to stay competitive. With the cost of construction materials...

Eviction. It’s a word that no landlord wants to utter, yet it’s an inevitable part of managing rental properties. Whether it’s due to unpaid rent, a lease...

Here’s a conversation I’ve had way too many times: An investor calls me panicking because their HVAC system just died, they’ve got two vacant...

Once upon a time in multifamily marketing, it was all about the unit. Show the square footage. List the features. Add a few photos. Done. But today? Renters expect...

What are Rental Appraisals?

Wondering, “what are rental appraisals?” If you’re a real estate investor, you probably know that an asset’s true value extends beyond its purchase price. That’s what rental appraisals are made to measure.   While a standard property appraisal assesses a home’s market value for sale or refinancing, rental ones dig deeper. They’re designed to deduce a property’s potential to generate income. This way, you can get a snapshot of what you can realistically expect in terms of rental income.    Also, you can quantify the investment’s performance from a cash flow perspective. Needless to say, they’re a must-have for your rental. Learn more about them below! Main... Read more

Sometimes living within your means requires making the most of every inch of your space. One way to do that? Renting an efficiency apartment. But what is an efficiency...

As federal immigration enforcement intensifies under the Trump Administration, multifamily property owners are increasingly finding themselves caught in an unexpected...

Effective property management videos can revolutionize resident communication with video of actual team members engaging residents. As artificial intelligence and...

Deciding between single-family and multi-family property investments is a pivotal choice for both new and experienced investors. While both options have their place in...