Property Management News

As we approach the end of 2023, it's a crucial time for passive investors in multifamily real estate to consider some strategic financial decisions. This year is particularly important due to the changing rates of a tax benefit known as bonus depreciation. Let's explore what this means for you and how you can benefit from it before the year ends. What is Bonus Depreciation? Bonus depreciation is a tax incentive that allows you to deduct the entire cost of certain property improvements in the year you make them, rather than spreading the cost over several years. This is particularly relevant for improvements with a useful life of 20 years or less. For 2023, you can deduct up to... Read more
Investors may want to take a closer look at older multifamily properties based on a CBRE Research finding that those built before 2010 have averaged 4.6% annual rent...
In recent years, the rise of the sharing economy and online platforms has revolutionized the way people travel and seek accommodations. This has given birth to the...
From easing the on-site team’s workload to regular resident surveys, experts share tips for retention. As the recent years of exponential demand quiet down and new...
Eviction Notice Overview An Eviction notice can be a daunting prospect for landlords or tenants. A carefully crafted eviction notice is essential to avoid any legal...

Proactive measures can help mitigate the physical and emotional impacts of catastrophic weather events. Wildfires in Maui, tropical storms in California, floods in Las Vegas. Natural disasters continue to hit the U.S in both expected and unexpected ways—and with increasing frequency and severity. That’s why it’s more important than ever for multifamily owners and operators to have comprehensive disaster plans to protect not only their assets and operations, but their staff and residents as well. “Over the past five years, I have seen the risk of catastrophic events rise twofold,” said Lisa Gunderson, vice president of asset management for Bristol Development Group in... Read more
Investing in real estate, especially in multi-family properties, offers a unique blend of potential and protection. As the real estate investment market evolves,...
Landlords would need to give a month’s notice before filing evictions in public housing or certain subsidized units under a new federal rule. A new Biden...
Multifamily has maintained its status as the best performing and most resilient asset class through economic cycles. Market conditions continue to change at a pace...
Renters want to see a rental property before making any decisions and 30 percent want to see an online tour before contacting property management. Prospective...