Property Management News

7 Tips for New Managers Walking Make Readies

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 Los Angeles County Board of Supervisors has unanimously voted to increase apartment inspections and withhold rent payments from negligent landlords, a vote that...

If you’re a multifamily property owner, you know that keeping your buildings up-to-date and attractive is critical to attracting and retaining tenants. However,...

Things to look out for when viewing a property are never just a formality when embarking on the journey toward investing in property. This step is crucial because it’s...

Partnering with a local utility provider can help increase energy efficiency, streamline operations, and reduce resident turnover. While amenities have been a popular...

Housing Gets Big Boost in Biden Budget

The president is proposing funds to increase tax credits, support construction of affordable housing and reduce homelessness. President Joe Biden on Monday proposed spending billions of dollars more to increase housing and to reduce homelessness as part of his $7.3 trillion spending plan for the next fiscal year. Biden’s 1,298-page proposal addresses a wide range of issues, including a number of programs to help cities and states ease the housing crisis.  As he told officials at the National League of Cities conference in Washington shortly after his proposals were made public, “the cost of housing is critical to families nationwide. If inflation keeps coming down, mortgage rates... Read more

Maintenance Tips and Best Practices For Your Multifamily Property Spring is beginning to bloom nationwide, bringing longer days, warmer weather, and a sense of renewal....

Multifamily parking has a significant influence on reputation and is one of the most mentioned amenities in all levels of reviews of multifamily...

Millions of homes across the U.S. are already vulnerable to climate change, according to a new study. Approximately 41% of occupied rental units, or 18.2 million...

Avoid these three mistakes to flip properties profitably and efficiently. Key Takeaways Three common mistakes to avoid when flipping a property House flipping has...