Property Management News

Preparing Your Multifamily Properties for Spring

Maintenance Tips and Best Practices For Your Multifamily Property Spring is beginning to bloom nationwide, bringing longer days, warmer weather, and a sense of renewal. With the warmer weather on the horizon, you may notice all of the effects of the winter weather on your multifamily property. Whether it is wind, snow, ice, rain, or cold weather-related, you may be disappointed seeing the status of your property. Thankfully, spring is a perfect time to make necessary repairs, adjustments, and improvements to your multifamily property to get it in tip-top shape come summer. Multifamily Property Spring Cleaning Checklist: Inspect The Properties Roof & Gutters The stress of winter and... Read more

If you own rental real estate, you should be aware of your federal tax responsibilities. All rental income must be reported on your tax return, and in general the...

Sustained high interest rates in the U.S. have made mortgages unpalatable to many, though the Federal Reserve recently signaled an end to more rate hikes. There has...

It’s common knowledge that one way to get a good deal on a home is to buy one that is in foreclosure. The current owner has defaulted on their mortgage payments and...

In the world of apartment living, amenities can make or break a rental experience. With an ever-growing list of features and services, how do you know which amenities...

Top 10 Trends in Multifamily Rental Housing

Chronic housing shortages raise value for market-rate multifamily products, but affordable supply still falls way short of demand. Demand for market-rate multifamily housing is “super strong,” says Meaghan McGee, PE, LEED AP, Senior Associate with the AE firm Kimley-Horn in Denver. Demographic and economic shifts, along with work and lifestyle changes, some of them agitated by the recent coronavirus pandemic, have made apartment living preferable for a wider range of buyers and renters. And construction activity is buzzing, with “a lot of Class A buildings coming online,” says Caitlin Surgue Walter, Vice President with the National Multi Housing Council. The Sunbelt is the prime... Read more

Multifamily parking has a significant influence on reputation and is one of the most mentioned amenities in all levels of reviews of multifamily...

Identifying technologies, solutions and practices that directly correlate to property performance is essential. Coming out of the pandemic, the multifamily industry...

National rent prices finally moved up slightly in February after six months of declines, according to the March report from Apartment List. “This turnaround is in...

A landlord can increase rent by up to a certain percentage or amount specified by local rent control laws. Rent increases are subject to local rent control laws which...