Property Management News
Why internet listing services need to be a key tool in your multifamily marketing arsenal. If you’re like most apartment owners or managers, you use a variety of channels to market your communities. Property websites, social media, Google campaigns and Facebook or Instagram ads are all necessary tools to attract qualified prospects, who then, hopefully, can be converted to residents. But internet listing services, such as Apartments.com, RentCafe and ApartmentList, should also be an integral part of your marketing budget. That’s because 73 percent of the more than 221,000 renters who participated in the 2022 NMHC/Grace Hill Renter Preferences Survey said they visited a rental... Read more
According to the American Apartment Owners Association (AAOA), around 90% of tenants have pets, and therefore they are interested in renting pet-friendly rentals....
LLCs are fast becoming a preferred entity type for investing in and holding real estate. Here are the advantages they confer—and the disadvantages. Limited...
Many renters and prospective residents are willing to increase their budgets if you have amenities that will turn their heads and elevate their lifestyle. When...
There are a number of different strategies available When it comes to having success in the residential real estate investment space, it can come as a result of a...
What sells an apartment? Is it the feel of the space, the light, or the layout? Is it the price alone? Or something else entirely? Maybe a feeling of ‘hominess’ that calls out to the buyer: this is where you belong! Or perhaps it’s all three, or a combination of these and many more factors. Across the board, brokers agree that there is a certain intangible reaction a buyer has when they find the right space; it just clicks. Their job is to make that ‘click’ happen as quickly as possible for as many buyers as possible, to thereby maximize the final sales price of the property. Many brokers swear by the practice of ‘staging’ an apartment—giving it a makeover to elicit that... Read more
Tips for buying your first rental property Thinking about purchasing an investment property? Purchasing rental real estate requires knowledge of leasing, mortgage loans,...
While there are financial benefits to investing in rental property, there are risks—tenants who don’t pay their rent and the headache of being a landlord—as...
When the person renting an apartment wants to rent out all or part of the space to someone else, this is called subletting. Some landlords strictly forbid this practice...
Short-term rentals have become a popular way for homeowners to earn extra income when they are away from their property. Websites like Airbnb and Vrbo have made...
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