Property Management News
KEY TAKEAWYS Utility costs fell from 11–12% of multifamily rent in the mid-2000s to 8.8% by 2020. US shale boom and lower natural gas prices reduced utility bills. Energy-efficient new construction and Sun Belt migration also contributed. Utility Costs Trend Down According to Chandan Economics, multifamily renters are paying a smaller share of their rent on utilities than they did in the 2000s. Data from the American Community Survey show tenant-paid utilities made up as much as 11.6% of gross rent in 2006 but dropped to 8.8% by 2020 before a recent minor uptick. Paying Too Much For Insurance? Get a FREE quote to insure your rental properties for less. GET A FREE... Read more
Across the United States, the gap between the cheapest and most expensive cities in a single state has become a defining feature of the rental landscape, not an...
Chargebacks – when a property charges a resident for causing damage to the property – are becoming increasingly significant in the residential rental...
If you’re considering a renovation, you know how important it is to hire a skilled contractor for the job. But sometimes, unexpected problems arise. Once the paperwork...
The problem of unauthorized residents in a rental unit is one that every landlord will likely encounter at some point in their career. As housing pressures and economic...
When it comes to choosing between different flooring choices, the options can be surprisingly nuanced. This is particularly true for wood flooring vs. engineered wood. While hardwood floors have long been associated with natural beauty and longevity, engineered wood offers a more budget-friendly alternative with a very similar aesthetic. Both bring warmth and texture to a home, but their differences—particularly in cost, durability, and installation—can make one better suited than the other, depending on your space. We spoke with designer Emilie Schiller of Home Methods and master carpenter Jason Hoffman, founder of J.P. Hoffman Design Build, to break down how these two types of... Read more
While a potential rental property could look good in person and perhaps even on paper, it’s critical to evaluate the home’s potential as an income source. So...
A disciplined reset today sets up a materially stronger cycle ahead. Here’s how 2026 is likely to unfold and where strategy, patience, and selectivity matter...
There’s a particular kind of apartment marketing content flooding the internet right now. You’ve seen it. The descriptions that could be copy-pasted between...
The calculation of net operating income (NOI) involves subtracting all operating expenses from total revenue, excluding debt service and income taxes. Cap Rate is then...
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