Property Management News
Question: I am a property manager at a low-income apartment complex. Last year, a tenant in a wheelchair told me that she needs the carpeting in the unit changed because her wheelchair gets caught in the fibers, making it difficult for her to move forward. We understand that we have responsibilities to accommodate people with disabilities, so we replaced the carpet with laminate flooring. The project cost us over $1,500. Now another tenant who uses a walker brought us a doctor’s note saying that she also needs laminate flooring. I have seen her around the property talking to the tenant whose floors we did, so I know they are friends, and I know that’s where she got the idea to make this... Read more
On top of the usual New Year’s resolutions here are some areas you should be focusing your interest on if you want to have a great year in property investment. The new...
Apartment companies are still figuring out the best way to handle the boom of deliveries arriving at their properties every day. Americans are ordering more goods than...
On a chilly December afternoon in Atlanta, a judge told Reiton Allen that he had seven days to leave his house or the marshals would kick his belongings to the curb. In...
Analysts have predicted that mortgage rates, which are now at their highest level in a year and a half, will result in a shift from a refinance-driven originations...
Boston City Council members exposed a long-simmering debate over the digital economy’s impact on the housing market Monday as they began considering regulations on short-term home rentals offered through online services such as Airbnb Inc. The hearing, which aired the complaints of businesses, landlords, and residents, is part of a national wave of regulatory pressure on Airbnb and competing websites. Massachusetts officials are increasingly concerned that Airbnb rentals are removing long-term housing from the market, potentially worsening an already tight market in Greater Boston and elsewhere in the state. East Boston resident John McCarthy said he has seen that happen in his... Read more
As demand for luxury real estate falls in New York, developers are increasingly offering up flashy extras to attract new tenants. That’s particularly the case at...
In recent years, there has been a proliferation of “drive-by lawsuits” involving the Americans with Disabilities Act (“ADA”). Such actions...
Investors have already spent a record $4.5 billion on Valley apartment complexes through November of this year, according to research. If you see a big construction...
The average rental price of a one-bedroom unit dropped last month by five dollars, from $1,042 to $1,037, according to new data from ABODO. Among the major metro...
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