Property Management News
A recent report notes that a growing number of retail, entertainment, and travel outlets are turning to self-service checkout kiosks for their customer service needs. For many businesses, kiosks have the ability to enable customers to make their purchases or check in quicker and avoid lines waiting for an agent or cashier. According to a report by Technavio entitled, “Global Self-Service Kiosk Market 2016-2020”, the size of the global self-service kiosk market is expected to be close to $18 billion in revenue by 2020. It’s another solution that allows people to go use their money online, at their own convenience. In the apartment industry, residents have those same expectations.... Read more
For the last five to six years, the number of foreclosures has been steadily declining since hitting a peak. December 2015’s total of 32,000 completed foreclosures...
The supply/demand imbalance and sky-high rents have led to an emerging trend in the apartment industry. As rent prices continue to rise and a growing number of...
We’re neck-deep in the Photoshop era—retouching, it seems, has become an inescapable part of everyday life. Dating-site photos are retouched. Cover models are...
Inspection day is exciting. Besides running all the faucets, testing the appliances, and peeling back that shag carpet to check for hardwood (fingers crossed!), what...
As some banks step away from construction lending, the Federal Housing Administration (FHA) is stepping into the gap, with competitive rates and faster processing times. Federal officials are combining the offices that process FHA loans. That will cut down on the time it takes secure FHA loans and make the process much more consistent. However, FHA financing still takes a much longer time to close than other types of loans. Borrowers keep returning to FHA because of competitive interest rates and long loan terms. “There are large developers who love the FHA program,” says Adam Roberts, FHA deputy chief underwriter for commercial real estate services firm JLL. Construction lending Many... Read more
“So what’s the neighborhood really like?” is the ubiquitous refrain among home buyers shopping in areas they’re unfamiliar with. And though your real...
While investing in a rental property may be a sound way for people to secure their financial futures, one insurance company has warned that landlords won’t always get...
Concerns over unpaid rent, unoccupied property and unruly tenants rank highly among the worries that can keep landlords up at night. A specialized form of landlord...
Here’s how to avoid common mistakes of first-time landlords. First-time homebuyers are a declining group. Historically, 40% of homebuyers have been first-time buyers,...
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