Property Management News
Success in a real estate rental business means having tenants on your property throughout the year. However, the reality is that tenants move on: they buy a new house, move to another state, need a bigger place, and the list could go on. But attracting new tenants can be difficult, and this is why as a landlord, you should know how to sweeten the deal and have your space occupied ASAP. Here are 5 perks to attract new tenants to your property according to Realty Times: Alarm Monitoring Services All tenants have one priority on top of their list when looking for a place to rent: security. Even if your property is situated in a considerably safe location, a complimentary alarm monitoring... Read more
While vacancy may be starting to rise around the country, some formerly hard-hit markets are seeing occupancy increase, according to New York–based research firm...
We know that as a landlord or property manager, you need tenant background checks delivered as soon as possible. To help speed up your decision process, the American...
The U.S. apartment market has had a terrific run in the years since the end of the recession, but there are signs that overall supply will finally outpace overall...
One of the primary reasons empty nesters decide to downsize is to reduce fixed costs. But many boomers poised to enter the tight rental market may encounter an...
Is the American dream of home ownership still alive or has it changed to something else? As the millennium generation ages, the age of first time buyers is going up. According to mortgage site BeSmartee, the average age of first time buyers in the late 1970s was about 29. Today, it’s closer to 33. Many millenniums say that the longer wait is a combination of lifestyle preference and fear of debt risk. As a result of the real estate market crash, the cost of real estate is not the main reason people are putting off purchasing. In most markets, the cost of buying a home is just now returning to the cost that it was back in 2006 and 2007. However, the cost of college has increased an average... Read more
Property managers seem committed to hiking rates. Rental rates could rise by an average of 8% through next year, according to more than two-thirds of property managers...
Illinois Real Estate Journal recently caught up with two commercial real estate professionals to learn about property management in today’s market. Lee Kotler, senior...
With the rise of the sharing economy, more homeowners are looking to make extra cash by renting out their houses or apartments while they’re out of town. But not...
The apartment market boom of the past several years appears to be topping out, according to data set to be released Thursday by real-estate researcher Reis...
Accessibility