Property Management News

L.A. Pushes Density Bonus for Developers of...

Third, fourth, fifth bedrooms would be exempt from floor-area calculations. Los Angeles has introduced a bonus incentive to spur developers to build larger apartments to accommodate “multi-generational” families. Paul Krekorian, the L.A. City Council president, has filed a motion to create a density bonus program that would exempt the square footage of third, fourth and fifth bedrooms-and third and fourth bathrooms-from floor area calculations of large family apartments, according to a report in Urbanize Los Angeles. Krekorian’s proposal also would allow developers to add an additional story of height beyond current zoning restrictions, the report said. “Fully a third of the... Read more

Wealthy baby boomers seeking to wash their hands of active property management in favor of passive investment opportunities are increasingly turning to a...

What does multifamily branding have to do with leasing agents onsite? Loyalty built on trust built on recognition. Your branding has to be dialed in for that to...

Yes, a landlord can keep a tenant’s deposit for unpaid rent. Unpaid rent can pose a significant issue for both landlords and tenants. However, the specific rules vary...

Real estate investment options are diverse, with multifamily and single-family properties representing two distinct avenues. Each type offers unique advantages and...

Crucial Formulas: How to Calculate the Value of...

Investing in real estate, particularly multifamily properties, has become a popular strategy for building wealth and generating passive income. Understanding how to calculate the value of a multifamily property is crucial for making informed investment decisions. This blog will guide you through the key concepts and formulas for valuing multi-family real estate. Whether you’re a seasoned investor or just starting, mastering these formulas is essential for evaluating potential investments and maximizing your returns. This knowledge empowers you to make better investment choices and helps you negotiate better deals and understand market dynamics. The Appeal of Multifamily... Read more

If buying a home is a goal you’ve been working toward, it’s easy to get discouraged these days. The current housing market is not exactly welcoming, with interest...

Would you happen to know your apartment's online reputation? Are you actively managing it? Reputation management influences "how your community is perceived...

As a new year approaches, it can only mean one thing (besides a sudden spike in gym memberships); we’re that much closer to tax season. And whether you’re dreading...

A landlord can terminate a Section 8 lease if there is just cause. A Section 8 lease is a contract between a landlord and a tenant who receives rental assistance...