Property Management News
Compared with 2019’s study, Allegion’s 2023 Multifamily Living Trends report cites an increased interest in proptech adoption, including mobile access control, distributed Wi-Fi, and integrated user apps. Up 140% from 2019, 22% of over 1,000 respondents use electric door locks that are connected to the internet, while 23% use electric door locks that are not connected to the internet, an increase of 91% compared with 2019. Over half of respondents say it would be nice to have proptech amenities when considering future housing options, and 61% say they’re comfortable using such. Among these preferred amenities are smart locks, resident portals, and cameras. In terms of technologies... Read more
In the world of real estate, cash flow properties are the ultimate ruler. The more income your properties generate, the more prosperous your investments become. Keep...
The Los Angeles City Council on Tuesday approved a law that will require hosts of short-term rentals, including Airbnbs, and hotels to obtain a police permit. City...
If you have spent any time at all researching potential apartment investments within the last several years, I am certain that you have been presented with a property in...
Legally converting the home and the other living unit(s) to a two-unit or three-unit condo, for example, is now on the table. California has reinstated a law that allows...
Real estate, including land, homes, office and retail buildings, is a popular type of investment for people who like to put their money into assets they can physically see and feel. Many investors also choose to invest in real estate because it produces income, or because it’s relatively easy to borrow money to invest in properties. One of the drawbacks of real estate investing, however, is that it can take more effort than other forms of investing. Active real estate management involves being a landlord and dealing with renters, or putting in the work to rehab and renovate homes or buildings to be put up for sale. For passive investors, there are some investing options that offer the... Read more
In the multifamily sector, the readiness of a unit for showings is more than just a preparatory step; it’s a strategic move with far-reaching implications....
When your occupancy is below target, do you respond by changing pricing, offering a special, or increasing your marketing budget? Each is helpful, but they’re only...
In an up-and-down economy, these insights can help you market your multifamily properties. Interest rate hikes, inflation, market volatility—with so much up in the...
Are you pondering where to place your hard-earned money? The world of real estate offers a golden treasure: multifamily properties. By the end of this guide, you’ll...
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