Property Management News
What is no-contact leasing? Working in the multifamily industry, you’re always on your toes. One minute, you’re doing something this way; the next, you have to scrap everything and do it a new way. The latest big multifamily trend changing the status quo is no-contact leasing, where prospective residents successfully lease an apartment without directly interacting with a community leasing staff member. No-contact leasing emerged in the fallout of the COVID pandemic, where renters and on-site teams sought innovative alternatives to traditional leasing practices while following social distancing measures. Since then, no-contact leasing has become popular as shopping behaviors... Read more
If you haven’t joined the social media party yet, it’s time to jump in. Social media has become the life of the digital party, and guess what? The...
The median U.S. asking rent was little changed from a year earlier for the sixth straight month as an increase in the number of rentals made it harder for landlords to...
Construction of low-density housing like duplexes hovers near record lows, as states pass zoning reform to tackle the affordable housing crisis. More small multifamily...
Real estate investing presents a multitude of opportunities to grow wealth and achieve financial independence. While single family investing has long been popular,...
During the pandemic, housing activists have increasingly pushed the narrative that landlords are intentionally leaving apartments vacant, especially rent-stabilized ones. Landlord groups such as the Community Housing Improvement Program (CHIP) have also used their members’ vacant and decaying units as an argument for why the rent laws need to be changed. So the New York City Independent Budget Office (IBO) analyzed state housing data to determine how many rent-stabilized apartments actually remain vacant from one year to the next and found that less than 5 percent of rent-stabilized units have been vacant each year for the past five years. That’s except for 2021 when 7 percent... Read more
What if your apartment community could communicate to your residents the same way that Lululemon or Dunkin Donuts reached and engaged their customers? People are loyal...
In the realm of real estate investing, analyzing and managing income-generating properties is essential for maximizing returns and making informed decisions. One...
Key Takeaway: Property managers and landlords should use rental listing sites like Craigslist to advertise their properties and avoid vacancies which result in loss...
Successful multifamily investing requires more than just acquiring properties—it requires implementing effective operations policies and procedures. Having...
Accessibility