Property Management News
Multifamily owners and operators can support residents in boosting their fiscal fitness with insights from the 2024 NMHC and Grace Hill Renter Preferences Survey Report. Understanding the needs and concerns of renters is crucial for providing exceptional service. Renters today are focused on their financial fitness, and the 2024 NMHC and Grace Hill Renter Preferences Survey Report shows how owners and operators can help residents with their financial goals. Multifamily owners and operators can integrate innovative and user-friendly financial options into the marketing and management of their properties. This not only offers the ability to attract new renters and retain current renters,... Read more
Think you've got the best apartment community in your city yet struggling to retain residents? We get it. In the ever-changing landscape of apartment life,...
What Is a Short-Term Gain? A short-term gain is a profit realized from the sale of personal or investment property, a capital asset, that has been held for one year or...
In the ultra-competitive world of multifamily property management, your online reputation is more crucial than ever. The importance of actively managing and responding...
2023 was a volatile year for the multifamily industry. Demand patterns and rent prices returned to a post-pandemic normal, but apartment communities' operating...
In most states, landlords are required to give tenants 30-60 days’ written notice before selling their rental property. This is to allow tenants sufficient time to find a new place to live and move out. As a property owner, you may decide to sell your rental property for various reasons, such as retirement or relocation. However, it’s crucial to notify your tenants early to avoid causing them any inconvenience or financial hardship. In some cases, you may need to terminate a lease agreement early if the tenant’s lease has not yet expired, and you want to sell your property. It’s important to know the legal requirements and obligations for providing notice to your tenant and... Read more
The president is proposing funds to increase tax credits, support construction of affordable housing and reduce homelessness. President Joe Biden on Monday proposed...
Multifamily demand is likely to remain healthy in 2024, though rent growth will be tested by decelerating economic growth and a rapid supply uptick in some...
Operators are always striving to create a better resident experience that has a lasting impact. For many, that begins with establishing quality relationships that...
From voice search and chatbots to sharper virtual representatives, this type of artificial intelligence is getting more important in operations. Long gone is the time...