Property Management News
Key Takeaways Miami is the nation’s most competitive rental market, with an RCI score of 96.7—over 22 points above the national average. Apartments fill in just 36 days and attract 21 renters per unit. Florida dominates rental demand, with Broward County, Orlando, Tampa, and Port St. Lucie all ranking among the country’s most competitive markets, despite limited new construction. Nationwide, renters are staying put, pushing the lease renewal rate to 63.8% and keeping occupancy high at 93.3%. As a result, nine renters now compete for every available unit on average. Markets like Houston, Charleston, and Lubbock are trending upward, driven by strong job growth and falling new supply,... Read more
College rental season is just around the corner. To ensure you get the best ROI possible for your portfolio, if you are a landlord or property manager in a college town,...
Less than half of newly built apartments completed in the fourth quarter of 2024 had been rented within three months, up slightly from 47% the prior quarter, according...
The median U.S. asking rent dropped 1% year over year to $1,633 in May as elevated apartment supply gave renters room to negotiate. Asking rents fell fastest in...
Short-term rental properties have surged in popularity, prompting many investors to ask: What ROI should I expect on short-term rental property? Platforms like Airbnb...
What is a service animal? Not a pet. Service animals are considered a type of medical equipment, rather than a pet. Service animals are animals (usually dogs) that perform certain tasks for a person with a disability or medical condition. They undergo specific training that prepares them to perform their roles. Perhaps the most familiar example of a service animal is a guide dog who assists a blind individual. The Americans with Disabilities Act (ADA) is a federal law that provides specific rights for service animals. Landlords must provide access to rental units for service animals, even if they have a no-pets policy. A landlord cannot charge pet fees for a service animal, and they... Read more
Let’s face it—leasing in 2025 isn’t about flashy gimmicks or chasing the latest buzzword. It’s about showing up consistently, staying in tune with...
If you’re a multifamily property manager, you will already know that automation isn’t just an add-on anymore. It’s a game-changer. From saving time to...
These days, adults moving into apartments are rarely alone. They might come with a partner or children, and many might also bring a four-legged feline or canine...
As a real estate investor, capitalizing on spring and warmer months is key. When looking into real estate deals, understanding when “spring” and the market peaks in...
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