Property Management News
To ensure your property is ready to excel during leasing season, finding the right marketing agency is a crucial step toward success. A specialized agency can elevate your property’s visibility, attract the right renters, and enhance overall profitability. To assist property managers in making informed decisions, here are the top ten criteria to consider when selecting a multifamily marketing agency. Industry expertise Look for agencies with a proven track record in multifamily marketing. A deep understanding of the industry’s unique dynamics, target audiences, and challenges is paramount for crafting effective strategies. Portfolio and case studies A reputable agency should be able to... Read more
As a landlord or property manager, you most likely believe that you have a right to evict any tenant who has not paid their rent or who has damaged your property. Think...
A strong jobs market has boosted Yardi Matrix’s forecast of apartment rent growth in 2024. The analytics firm reported Thursday that multifamily asking rents broke...
Investing in multifamily properties is a smart move that #makescents. Whether you’re a seasoned pro or just starting, knowing the tips and tricks to make money in...
In the competitive landscape of multifamily apartments, a sterling reputation score is the golden ticket to success. Whether it’s through online reviews, resident...
As the deadline for filing your taxes approaches, it’s crucial to ensure that you are well-prepared and organized. Here are four important actions to take before April’s tax filing deadline: Gather and Organize Your Tax Documents The first step in preparing for the tax filing deadline is to gather all the necessary documents. This includes W-2 forms from employers, 1099 forms from banks and other payers, receipts for deductible expenses, and any other relevant paperwork. Organizing these documents will streamline the filing process and help you avoid last-minute scrambling. Consider the Option of Filing for an Extension If you anticipate that you won’t be able to file... Read more
It is not uncommon for the expenses on a multifamily property to consume 50%+ of the income on a given property. Reducing expenses is one of the most common business...
U.S. homebuyers are facing monthly mortgage costs that are 52% higher than the average monthly apartment rent, according to a recent analysis by CBRE Research, a real...
Your apartment community’s online reviews are sometimes more influential to prospective residents than your marketing messaging because they provide a more authentic,...
In People vs. Commons West, LLC, the Cortland County New York Supreme Court ruled the New York Source of Income Antidiscrimination statute (“SOIA”) to be...
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