Property Management News
Buying rental properties that are in a distressed state is one strategy for making money as a property investor. Rental properties that are old or are in foreclosure can often be purchased at steep discounts. Learn what to look for when buying a property, as well as the best strategies for adding value. Things to Look for That May Increase Rental Values When considering a potential rental property, there are several factors that could point to a promising investment. Neighborhood- Look at the rent prices in the area. Have they been increasing, decreasing or remaining stagnant over the last ten years? If you are buying into an area that is re-gentrifying, you may see rent prices... Read more
One-size-fits-all policies aren’t going to help, says NMHC. There’s a clear housing affordability crisis in the US, with the most recent data point coming from the...
The national average increase is about 10%, but more in markets that have seen big rent hikes. The Department of Housing and Urban Development (HUD) has published...
City’s Housing Department approved 328 applications in only four months Chicago’s attempts to “gently” expand housing without disturbing neighborhood character...
Voters in the midterms in a handful of states enacted new rent stabilization measures. What does that mean for multifamily investors? Voters created new rent controls...
The rise of co-living, explained. What is old is new again in American cities. People are living with strangers to save money and maintain a higher standard of living than they might enjoy on their own. This time they’re calling it “co-living.” This particular brand of housing involves renting private bedrooms in dorm-like buildings where living rooms, kitchens, and even bathrooms are shared. This is very similar to the much less splashy trend of “having roommates,” though there are some key differences. In co-living situations, utilities and WiFi are included, as are a number of amenities, such as house cleaning services and catered parties. These units are often furnished and... Read more
With New York City rents bouncing back from pandemic lows into historic highs, a spate of high-profile cases of brokers asking for thousands of dollars in fees in...
Freddie Mac survey shows nearly 60% of renters experienced increased rents in past 12 months. In the past year, 58% of renters said their housing costs have risen,...
Almost as soon as the pandemic’s initial economic shutdown eased, rents began rising all over the country — sharp hikes that haven’t stopped since, making the...
Images of war and desperate humanitarian crises have softened the hearts — and background check policies — of landlords across the country this year as they have...
Accessibility