Property Management News

Maximizing Returns: Smart Property Tax Strategies...

Real estate is often touted as one of the best long-term investment choices, especially for multifamily investors. However, the complexities of property tax regulations can create potential pitfalls that may erode your profits. This guide aims to equip you with strategies to navigate property taxes effectively, ensuring you maximize your returns on investment. Understanding Property Taxes: What Do Property Owners Pay? As a property owner, it’s essential to be aware of the various taxes you might encounter. Here’s a breakdown of the main taxes applicable to property owners: 1. Real Property Tax Real property taxes are levied by local county authorities based on the assessed... Read more

Email marketing is one of the most powerful and cost-effective tools available to property managers looking to grow their business, nurture client relationships, and...

A new report from Cotality reveals that investment homebuyers frequently overbid by up to 4.3% per property, often pay in cash, close quickly and are more likely to...

Last year, the U.S. birth rate dropped to an all-time low, setting off alarm bells about the nation’s long-term economic stability and social vitality. Building...

Every leasing professional has them — the “dead leads.” The ones who toured, loved it, and then… leased somewhere else. You marked them as...

Renters Say Their Priorities Have Changed But...

A survey of current and prospective renters reveals a gap between what they want in an apartment and what developers and landlords are providing. Based on a national survey of 2,342 prospective renters, the findings were compiled by RCKRBX and published in its inaugural National Renter Demand Index. “Our research shows renter demand and preferences have shifted significantly post-pandemic while existing supply and new construction/recent deliveries remain out of sync with what renters want and how these markets will continue to evolve,” said Michael Broder, CEO & Co-Founder of RCKRBX. Almost half (46%) of the prospects said they would increase their budgets when they... Read more

The Americans with Disabilities Act (ADA) was enacted to ensure equal access and opportunity for individuals with disabilities. While the law plays a critical role in...

Right now, there’s a prospect looking at your community’s virtual tours and making a decision. Is what they see convincing them to schedule a tour, apply, and lease?...

Homeownership may still be the American Dream, but for many younger buyers, that dream is increasingly being put on the back burner. A recent survey of more than 2,000...

Key Takeaways Rent reporting allows tenants to boost credit scores by sharing positive rent payment history with credit bureaus, an advantage homeowners have long...