Property Management News
Landlords looking to increase rent often have the fear of losing good tenants. Obviously, you want to retain qualified tenants, so you might not want to raise the rent. But increasing costs, such as insurance, utilities, taxes, and expenses, eat into profits. So how can landlords provide value to their tenants that justify rent increases? In this article, we discuss alternative ways to earn money from your rentals. We also share tips on how to attract interest from tenants and how to go about providing proper notice before a rent increase. Can a Landlord Increase Rent? Yes, landlords can increase the rent when a fixed-term lease comes to end, unless the lease has terms and conditions... Read more
The high cost of housing has made it seem impossible for many young millennials and members of Gen Z to buy their first homes. One possible solution is an arrangement...
How to Make Money By Investing in Real Estate When it comes to making money in real estate investing, there are only a handful of ways to do it. Though the concepts...
The best times to move into an apartment coincides with seasonal rent fluctuations. Explore to learn more about rent seasonality and how renters use it to their...
When someone wholesales real estate, they act as an intermediary between property sellers and buyers. The wholesaler agrees to sell a property on the owner’s behalf...
Meanwhile, SFR rents rose 5.3% in the first quarter. Single-family monthly rental rates increased from $2,212 to $2,330 at the close of the first quarter of 2023, compared to the same period in 2022 for a 5.3% increase, according to USA Today, which reported on a HouseCanary analysis that was shared exclusively with the publication. “This was despite a 75% increase in inventory year-over-year, from 36, 688 to 64, 210,” USA Today noted. SFR rents are rising even as multifamily prices are moderating, which begs the question why this cohort is tolerating the increase. One answer might be the changing profile of the SFR tenant. John Burns Research and Consulting Group reported... Read more
Multifamily operators are finding new revenue streams by identifying new net operating income (NOI) strategies within day-to-day operations and things such as short-term...
A great way to boost rental income from your properties is to create additional revenue sources on top of the normal monthly rent. Some landlords are already providing...
There are many proven strategies to increase rent and income from your rentals. Performing some basic rental property renovations can make your property more desirable...
As the spring housing market kicks off, first-time homebuyers are staring down high home prices, mortgage interest rates above 7%, and a dearth of newly listed...
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