Property Management News
Constructing an Accessory Dwelling Unit (ADU) can be a pricey undertaking. Learn all about the potential costs and how to avoid going over budget on your build. Referred to interchangeably as in-law suites, garage apartments, and even "granny flats," accessory dwelling units (ADUs) have recently become a housing trend across the United States. In fact, a new national study released by Freddie Mac reveals dramatic growth in this type of construction, particularly in areas impacted by the joint forces of an affordable housing shortage and a population uptick. Freddie Mac found that 4.2% of all homes sold on MLS in 2019 included an ADU compared to a paltry 1.1% in 2000. Affordable... Read more
In the world of real estate investments, choosing the right business structure is crucial for success. Limited Liability Companies (LLCs) have gained popularity among...
The last time you stayed in a vacation rental—almost certainly booked on sites such as Airbnb, VRBO, or Vacasa—you may have thought to yourself: “I should do...
Electric vehicles are coming in large numbers. Here’s how to get your communities ready. Multifamily owners and managers have a major new priority. As automakers...
Considering building an ADU in your backyard? Here’s all you need to know about the process, from three Airbnb hosts who did it themselves. If you’ve ever...
The one million apartment units under construction may not make a significant dent in the nation’s housing needs. For the past three years the multifamily sector has experienced a construction boom not seen since the 1970s, which has helped lead to the current moderation of rents. However that may be about to change. According to a new report by Greg Willett of Institutional Property Advisors, rents could resume an upward path by spring 2024, with “robust” increases in 2025. A slowdown in early stage multifamily building showed up in 2Q 2023, with starts in key markets falling slightly. This was largely attributable to less access to development capital, Willett reported.... Read more
Today's real estate markets are shifting quickly, which has required a lot of pivoting from operators, syndicators, and investors alike. They've all had to...
Social media sparked a rise in the popularity of "house hacking," a fancy new term for the age-old concept of being a landlord that has been repackaged for a...
Real estate investment has long been considered a lucrative venture, offering individuals the potential for substantial returns and passive income. Multifamily home...
First time real estate investor or seasoned and want to expand your portfolio? Duplex's and townhomes are great for people who aren't financially prepared...
Accessibility