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Six Ways Revenue Management Software Benefits B And ... In: Property Management
Revenue management has become fundamental to property management, and many companies are overcoming the perception that it’s only for the big portfolios and those expansive Class A palaces. Class B and C properties are reaping the benefits of the analytical process for determining the right rent for any property in any market phase and at any time of the year. A number of variables that factor in real-time supply and demand, seasonality, expirations, renewals, pricing elasticity and accurate short- and long-term forecasting are mixed into a formula that produces a rent rate. The formula may sound complex but the reality is a simple way for operators to improve asset performance to...Read more >
- 5 Easy Upgrades For Your Rental Homes This ...
In:
Remodel and Repair
Here are 5 easy upgrades for your rental homes as the weather is getting nicer, the sun is shining brighter, and the days are longer, which means true summer is right...
- How To Find An Investor-friendly Real Estate Agent
In:
Real Estate Investing
I buy a lot of houses from the multiple listing service (MLS), which is where most homes that are for sale with real estate agents are listed. I happen to be a real...
- New York Lawmakers Stun The Real Estate Industry ...
In:
Latest News
New York State Senate and Assembly leaders passed expansive changes to rent control laws that stunned the real estate industry. The state’s governor, Andrew Cuomo,...
- Nine Costly Mistakes Property Managers Can Avoid Making
In:
Property Management
From communicating with tenants to staying on top of repairs, property management requires commitment and patience. When done right, it can be a wise and rewarding...
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Landlord To Pay $1m In Emotional Support Animals ... In: Latest News
MEEKER, Colo. (CBS4) – Residents with disabilities using the Meeker Housing Authority won a discrimination lawsuit for $1 million. The suit was filed after their landlord told them their emotional support animals would not be allowed without paying an additional pet fee. “I read the pet policy, I saw some of the statements in it, and I said this pet policy is not fair,” Lonnie White said over the phone to CBS4. His son A.J. suffers from depression but his health has made significant progress with the help of cats in their home. The responsibility of taking care of a pet alone has given new meaning to his life. “It kind of gave me hope, gave me something to live for,” said...Read more >
- The Surprising Way Short-term Rentals Can Benefit Your ...
In:
Property Management
Due to the immense popularity of the sharing economy, apps like Airbnb and VRBO have completely changed the way people locate and secure short-term rentals. Short-term...
- Don’t Wait To ‘buy The Dip’ In Seniors ...
In:
Real Estate Investing
For the past several quarters, there has been a distinct hurry up and wait mentality among many seniors housing investors. We saw this partially reflected in 2018’s...
- Pump Up The Volume: How To Maximize Lead ...
In:
Marketing Vacant Units,Property Management
Apartments that miss leasing inquiries or wait too long for follow-up with prospective renters may be throwing away money. Multifamily call center data shows that more...
- How To Buy Your First Multifamily Property
In:
Real Estate Investing
Once an investor acquires a few single-family residential properties, the management of each property can become a full-time job, with plenty of overtime. Running...