Property Management News
What does it cost to get in line for an apartment in Ann Arbor with no guarantee it will become available in the next year? In two cases cited by the Ann Arbor Tenants Union, landlords have charged fees well over $6,000. That includes $6,745 charged by Campus Management Inc. and $6,887.50 charged by Prime Student Housing, according to landlord-tenant agreements the tenant rights organization has publicly circulated while calling for banning waitlist fees. City Council Member Travis Radina, D-3rd Ward, said he now plans to bring forward an ordinance to ban them. “The onslaught of increasingly excessive waitlist fees and other — often hidden — rental junk fees is a maddening example... Read more
Freddie Mac is rolling out new policies to help detect fraud and mitigate risks, the latest policy adjustments following two high-profile instances of alleged...
The city saw a glut of new apartment buildings. Austin’s once hot housing market is in sharp decline with landlords reportedly offering tenants perks like weeks of...
Collaborating with a multifamily-specific marketing agency can give you a leg up on the competition. Multifamily marketing agencies can help properties by enhancing...
Problems & symptoms of a weak lease renewal strategy You don’t have a renewals system or strategy. The first line of defense in combating vacancies is having...
While traditional methods like online reviews and responsive customer service remain crucial, other reputation-building strategies are often overlooked. Below are three strategies, and ways to get started with them, that could help to establish, or maintain, a strong reputation in the renters. 1. Build community Host resident events – Social gatherings, potlucks, game nights, or volunteer opportunities foster a sense of community and resident engagement. Create a resident spotlight – Feature resident achievements, hobbies, or businesses in newsletters or on social media, showcasing the diverse and interesting people who call your community home. Partner with local businesses –... Read more
In Players Place II Condominium Association, Inc. v. K.P, the New Jersey Supreme Court on March 13, 2024 reviewed whether the trial court properly dismissed the...
Brighten and protect plastic, wood, metal, and glass outdoor furniture for years to come with these easy cleaning strategies. No one wants to sit on a grimy patio chair...
Many landlords providing new low-income housing in California won’t be able to increase the rent on their tenants by more than 10% per year, under a rule imposed this...
Iraj Shambayati, a prominent landlord with a portfolio of over 45 residential properties in Savannah, Georgia, has reached a settlement of $600,000 to resolve...
Accessibility