Property Management News

10 Tips for Tenant Retention in a Lessee’s...

Approach tenants early. In a market with vacancies in the high double digits, start lease renewal negotiations 12 to 24 months in advance. Don't bring in competing tenants just to earn an extra buck. In a tough market, it's tempting to take any lease, but ignoring noncompete lease clauses can cost you a tenant, get you in a lawsuit, and undermine percentage rents. Invest to avoid functional obsolescence. Spending on upgrades may hurt the bottom line over the short term, but improvements will pay dividends in long-term tenants. Educate tenants and owners about what the market is doing. Market knowledge about vacancies and any new properties coming online will help keep... Read more

Dec. 03--As Seattle grows into a larger and denser city, urban renters are giving up a long-held luxury: the apartment-building parking space. It's now common for...

Holiday specials aren't limited to flat-screen TVs. The overpriced Manhattan real-estate scene has left some homes lingering on the market for more than four...

Fans show a willingness to pay more to live near their favorite sports team, which means home owners who live near a sports stadium often can command a premium for their...

If, after reading our article on why it’s a good idea to hire a property management company, you decided to move forward on that, you might wonder what to look for in...

Apartment Renters Receptive to Green Features,...

For the first time, a Freddie Mac survey included questions about renter perceptions and concerns about utility costs. McLean, Va.—In a recent survey, Freddie Mac found that U.S. renters are more worried about rising utility bills than rising rents, and that nearly half of renters surveyed say they’re willing to pay more for rentals with cost-saving water and energy features. There was also no change in the propensity to rent, with a small majority saying they expect to rent their next home. Compared to earlier surveys, the new research (done in September) shows more renters saying they’re satisfied with their rental experience, but worried about their financial situations. A... Read more

Whether it's a last-minute private visit or an open house for anyone who stops by, homes need to be seen to sell. Showing a property is essential to the...

With the day-to-day activity involved in property management, it's not surprising that commercial landlords often pay little attention to the terms of their...

ORLANDO, Fla. (November 5, 2016) - As social networking sites become a standard advertising and marketing tool in the real estate industry, familiarity with best...

It wasn't just the next commander in chief who was decided in polling places across the nation on Tuesday. Voters also had their say on all sorts of state and local...