Property Management News
What should you do when a very qualified applicant wants to rent your vacant property on a month-to-month basis? Should you turn them away because they do not want or cannot commit to a longer term lease? A month-to-month lease can be an appealing and profitable way to rent out property. But, while short-term arrangements may generate more income, they often require additional effort, increase turnover costs, and create uncertainty around vacancies. If you are considering this option, it is important to carefully evaluate both the benefits and the drawbacks. Balancing Stability and Profit as a Landlord Like many small businesses, maximizing landlord profits often comes down to tough... Read more
Imagine having a $2,400 monthly mortgage payment, but only paying $600 out of pocket. The other three bedrooms? They’re covering the rest—plus utilities, plus...
While the average unit count for a Multifamily property continues to rise, well over 40% of Multifamily units are in smaller properties. There are real differences in...
When Anna Julian happened upon a neglected row home in Baltimore seven years ago, she had no formal construction training—just determination, a willingness to...
Emotional support animals (ESAs) remain one of the most misunderstood areas of fair-housing compliance. While property managers and housing providers often encounter...
The days of Los Angeles landlords telling renters to bring their own fridge will soon be over. Gov. Gavin Newsom signed a law on Monday requiring rental property owners to supply their tenants with a working refrigerator and stove. Assembly Bill 628 will apply statewide when it takes effect next year. But fridge-less apartments have long been a notorious feature of L.A.’s rental market, and less common in other cities. The Los Angeles Times reported in 2022 that L.A. and Orange counties have the fewest units with refrigerators among large urban areas nationwide. Assemblymember Tina McKinnor, a Democrat representing a district that includes Inglewood and Hawthorne, introduced the... Read more
I’m sure that you’ve heard the chatter: short-term rentals are “dead,” Airbnb is oversaturated and no one is making money on the platform. The truth is that...
The High Cost of Overlooking Construction Safety Renovations and capital projects can refresh an apartment community. New amenities, smarter layouts, and better curb...
Key Takeaways Fire deaths occur at one-fourth the rate in new multifamily buildings compared to modern single-family homes. Features like sprinklers, fire-resistant...
As the weather starts to cool and we head into fall, it’s a good time to start thinking about winter prep. Smart property technology can do a lot of the heavy...
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