Property Management News
Looking to generate some solid passive income? Investing in vacation rental properties can be a fantastic way to bring in ongoing profits, especially if you strategize wisely. Renting out properties on a short-term basis to travelers and vacationers has grown exponentially more popular in recent years. Services like Airbnb and VRBO make it easy for owners to market vacant homes or apartments to potential guests. And there is a huge demand for quality vacation rentals in many top travel destinations. As appetizing as the income potential seems, this type of real estate investment does come with risks and work involved. Success requires an ample initial investment,... Read more
Fraud impacting rental housing costs throughout the country is on the rise and includes incidences of fraudulent rental applications, financial and identity fraud, and...
Things to look out for when viewing a property are never just a formality when embarking on the journey toward investing in property. This step is crucial because it’s...
The real estate sector presents many investment opportunities with unique benefits and challenges. Among these, multifamily properties are a particularly compelling...
‘At Lease’ is a term commonly used in commercial real estate, particularly in the multifamily sector. It is important to understand what this term means, as...
Negotiation strategy requires a grasp of macroeconomic and local factors. During the last year, it’s become clear that multifamily owners and operators have been using concessions to draw renters in. But a new report from Moody’s Analytics suggests that the use is broader and effective rents are taking a hit. Effective rents, Moody’s points out, are not one of the typical metrics those in the industry use to judge performance, either of an individual property or collectively for the market. And yet, they are important. Provide concessions and the result may something that strengthens a mutual relationship to the benefit of each. It’s a trend that has expanded. “The growing... Read more
A new report from Zillow reveals the rising costs for renters living alone. The cost of living alone in an apartment has gotten even pricier, according to a new report...
For this generation, job opportunities outweigh the cost of housing High rents don’t seem to bother Gen Z when deciding where to move. Even though three-quarters of...
To ensure your property is ready to excel during leasing season, finding the right marketing agency is a crucial step toward success. A specialized agency can elevate...
A strong jobs market has boosted Yardi Matrix’s forecast of apartment rent growth in 2024. The analytics firm reported Thursday that multifamily asking rents broke...
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