Property Management News

4 Ways to Use AI to Improve Your Apartment...

Tips from experts for greater efficiency and profitability. Multifamily owners and operators are always on the hunt for tools that will allow them to run their communities more efficiently, and many are turning to artificial intelligence to achieve that goal. AI can respond to inquiries from prospective residents, create content for websites, blogs and social media and even conduct predictive analysis to help apartment operators hone their marketing. Here are just a few of the ways that AI is being used by multifamily professionals to market their communities more efficiently and profitably. Chatbots Many apartment websites incorporate the ubiquitous chatbot, one of the most common... Read more

Why advertising flyers at retail and office business locations don't work... Many markets experience a significant downturn in potential rental clients starting...

Location is always essential when choosing to invest in multifamily real estate, and that means knowing whether to choose properties in suburban or urban areas. Both...

2023 has seen varied employment trends, and for multifamily real estate investors, these changes offer new perspectives and insights into opportunities when determining...

It’s a well known fact: most homebuyers are unimaginative. You might not think that this applies to the savvy investors and potential owner-occupiers looking at your...

How Much Does It Cost to Build a 10-Unit...

Are you considering venturing into real estate development and wondering about the costs involved in building a 10-unit apartment complex? Building such a complex can be a lucrative investment, but it’s crucial to have a clear understanding of the expenses you’ll encounter along the way. In this article, we’ll break down the various factors that contribute to the cost of constructing a 10-unit apartment complex, helping you make informed decisions. Embarking on a real estate development project demands a thorough understanding of the costs involved. Building a 10-unit apartment complex requires meticulous planning, financial preparation, and a strategic approach to ensure a... Read more

Despite the fact that the approval criteria are remarkably similar, retail banks and lenders are frustratingly inconsistent with their multifamily loan approval...

As extreme weather events become more common, multifamily firms face more challenges in preparing for and mitigating the risks. As the wildfires in Maui have been...

Real estate investment has long been considered a lucrative venture, offering individuals the potential for substantial returns and passive income. Multifamily home...

Moving to a new place is often accompanied by excitement and stress. According to a survey commissioned by North American Van Lines, 64% of respondents consider their...