Property Management News
As economic woes continue to pummel the housing industry, one real estate developer is finding opportunities within a new market – the “forever renters.” Post Brothers CEO and co-founder Michael Pestronk joined “Varney & Co.” Friday to discuss the real estate opportunity brewing in urban areas as some Americans are opting to rent instead of buying a home. “The biggest issue, especially in large established metro areas, is a lack of product. There’s no such thing as a starter home in large [Metropolitan Statistical Areas] anymore. There’s no land available to build housing within commutable distances of jobs,” he... Read more
With the amount of multifamily competition that seems to be being built over-night, how does your community stand out from the competition? The first place to start is...
Even landlords who conduct in-depth analyses of tenant credit and financial health will experience some tenants who become financially unstable during the term of the...
Your branding should be everywhere! It doesn’t stop with logos and brochures. You must bring your brand to every corner your communications and interactions...
Ready to turn inquiries into signed leases with the power of chatbots? Dive in and discover how these intelligent assistants can transform your 2024 into a year of...
A good turn is the key to a successful move in! These are the lessons I’ve learned, both as a Regional Property Manager and a On-Site Manager, on how to walk make- readies and how to get the best turns from your team. If you are just starting on your career as a property manager, I hope you find these tips helpful. Put your left hand on the wall (mentally, you don’t want to drag your hand around a freshly painted wall), and walk around the apartment keeping your hand (mentally) on the wall. This will ensure that you walk the entire apartment. Walk with the people responsible for turning the apartment, especially if you are constantly finding issues. Ask them to walk in... Read more
The U.S. Department of Housing and Urban Development (HUD) Office of Inspector General (OIG) conducts independent audits, evaluations, investigations, and other reviews...
With transactions down and new developments largely put on the back burner for now, even the big names in multifamily are getting creative to keep busy and generate...
Accelerated demand for larger apartments falls off as everyone can get away from each other again. There was noted heavy demand for more space during the heights of the...
Diving into the world of multifamily real estate investment, you’ll quickly encounter terms like Class A, Class B, and Class C properties. These classifications...
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