Property Management News
Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. The most popular social media app among the random sample of Realtors surveyed was Facebook, with 90% of respondents reporting they used the app, followed by Instagram at 52% and LinkedIn at 48%. Other top lead generating tools included customer relationship management (31%) and MLS sites (28%). Personal blogs and business sites were found to be the least helpful, generating only 16% of leads. Despite the apparent power of social media in helping agents and brokers drum up business, 54% of respondents said that they... Read more
Apartment owners must ensure that they are meeting necessary requirements, like venting and cleaning, to accommodate a restaurant on site. Before the pandemic,...
As rents seem to be increasing daily, the cost of signing a lease for a new apartment is also growing. If a tenant is required by the landlord to pay a security deposit...
How Can I Get Guaranteed Rental Income? Guaranteed rent. Two words that would make any landlord’s heart sing. The concept of guaranteed rent has become a reality from...
4 Misconceptions About Rental Credit Checks According to The Wall Street Journal, the demand for rentals is on the rise. Homebuyers who are being forced out of the...
A great deal is reported about the effects of the COVID-19 pandemic on renters, but the ongoing negative effects on landlords are equally significant. With U.S. COVID-19 cases again on the rise, it’s impossible to guess when the rental market will return to normal. So, in the meantime, how does today’s landlord retain paying tenants, avoid evictions and keep their heads above water? Staying afloat financially Your tenants aren’t paying their full rents—if they are paying at all—and you’re wondering how much longer you can hold on. This is the time when you need to reexamine your income and expenses and look for opportunities to increase your income. If... Read more
I’ve been thinking a lot about the real estate mistakes I’ve seen since I started my company 30 years ago. It is a topic I cover extensively in the Nonprofit Real...
They say that it’s all in the amenities. However, certain amenities have a more profound impact than others. And while the traditional amenities you would think are...
When it comes to rehabbing apartments for baby boomers, start with your surroundings, and then look within. That’s the consensus from developers and designers...
Q: In 2016, I leased a one-bedroom apartment. The lease had a provision that I was not to engage in any “illegal activities” on the premises. After recreational use...
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