Property Management News

The Top 3 House-Flipping Mistakes You Must Avoid...

Avoid these three mistakes to flip properties profitably and efficiently. Key Takeaways Three common mistakes to avoid when flipping a property House flipping has grown in popularity over the past few years. The optimism of high profit margins and no need for tenant management or long-term property maintenance has made this method of real estate extremely intriguing for new and veteran investors alike. However, finding the right property to flip, house flipping costs and other hassles associated with this process can make it seem much less appealing. Below are the top three "don'ts" when flipping a property. Be aware of these common mistakes, and steer clear of them... Read more

Plumbing problems can quickly turn into a landlord’s worst nightmare, causing inconvenience, property damage, and potential tenant dissatisfaction. Whether you’re a...

We turned to experts to find out how artificial intelligence is reshaping the rental sector. Multifamily is and has been, no doubt, long dependent on...

Property damage from water infiltration can cost thousands of dollars in expensive, time-consuming repairs to your rentals. For instance,  just 1 inch of flood water...

It takes a small army of professionals—everyone from on-site handymen to licensed professional tradespeople and engineers—to maintain multifamily buildings, both...

Multifamily Industry Resolutions for a New Year

The commencement of a new year is a natural time to evaluate where things stand and consider improvements for the future. I’ve put together a list of New Year’s resolutions for the apartment industry. The commencement of a new year is a natural time to evaluate where things stand and consider improvements for the future. For the apartment industry, it’s a good time to take stock of your portfolio and your balance sheet. So I’ve put together a list of New Year’s resolutions you may want to consider:   Make educated decisions. We’re entering the new year with a questionable economy. There’s a lot of disagreement over whether there will be a recession or just a soft... Read more

How steering clear of these pitfalls helps preserve property values and enhance efficiencies. Effective property management in the multifamily industry is a nuanced...

Bedbugs were in the news last fall when infestations appeared throughout Europe, particularly in France.  Zachary DeVries, associate professor of urban entomology at...

An effective winterization plan requires proactive measures and consistent communication to prepare for the unexpected. In February 2021, Winter Storm Uri blanketed...

These easy tricks for preventing frozen pipes can help ward off a disaster when temperatures drop. In This Article: Disconnect garden hoses. Insulate your...