Property Management News
The single biggest challenge facing property managers in 2024 is dealing with aggressive or abusive tenants and residents, according to a new study from the National Apartment Association (NAA). The “Voice of the Property Manager” NAA Research, sponsored by MRI Software, surveyed nearly 1,000 industry professionals from July 9–22. The analysis in this report represents the voices of more than 850 property managers and regional managers across the United States, a majority of whom are women. “The most frequently cited challenges in 2024 were dealing with aggressive and abusive residents (22%) and the inability to disconnect after hours (16%). These findings indicate that... Read more
The recent 2024 AAOA Rental Housing Conference was enjoyed by thousands of people in person and via livestreaming. Offering seminars, more than 20 vendor displays,...
California Gov. Gavin Newsom recently signed both AB 2493 and AB 2801, aiding renters in both their search for a new abode and departures from current apartments. AB...
Search advertisements are the foundation of multifamily digital advertising. After a prospective resident enters a specific query, a search ad offers placement and...
In September, the median asking rent in the 50 largest metros was $1,743, which is $8 less than what renters paid last year at this same time, according to a...
Understanding the tax implications in multifamily passive investing is essential. Depreciating properties over 27.5 years reduces taxable income yearly. Deduct mortgage interest to lower your tax burden. The pass-through deduction allows 20% deduction of business income from investments. Property expenses like repairs are deductible, enhancing cash flow. Strategic depreciation methods can maximize tax benefits. Consider a cost segregation study for accelerated depreciation. Utilize bonus depreciation for immediate tax savings. Front-loading depreciation deductions offsets rental income. Explore 1031 exchanges to defer capital gains taxes. Proper management avoids significant tax... Read more
If you’ve attended any multifamily trade shows recently, you know that the number of property, marketing, and revenue technology vendors coming to market is...
In fact, the post-pandemic era and the current economic landscape have presented a unique set of hurdles for those in this industry. However, as Gino Barbaro,...
When Andre Chepetan moved to Dallas in 2021, he constantly saw apartment brochures and advertisements that used the term “luxury.” But behind the high-end...
As the severity and frequency of extreme weather increases, it’s important for real estate investors to feel confident in the safety of their rental homes. But...