Property Management News
Given the escalating demand of renters and the pressing issues of low occupancy rates, multifamily property managers face a constant task of guaranteeing an exceptional living experience for their renters. In addition to that, there is the need to enhance their competitiveness, improve resident satisfaction and drive long-term success in the rental market. Probably one of the most effective ways to evaluate the various aspects of the rental process in apartment communities is to hire a secret shopper. They provide unbiased and detailed feedback by offering a fresh perspective on the property’s strengths and weaknesses. Their reports are then provided to the property management company,... Read more
Real estate investing can be an extremely lucrative business if done right. One of the most important skills for a successful real estate investor is the ability to...
The use of proptech is a factor that is sure to come up regularly in conversations among executive teams, regional vice presidents and local property teams, simply...
When peak leasing season hits, property teams bring their A-game to fill vacancies fast and connect with an influx of leads. This calls for efficiency, high-quality...
Occupancy rates are ideal and residents are content, but there is still one problem – a number of residents perpetually fall behind on their rent payments each month....
“Fair chance” ordinance could fine landlords for discrimination based on a tenant’s record The Los Angeles City Council will consider whether to bar landlords from snooping into potential renters’ criminal past and using their records to deny them housing. The council voted 11-0 to reactivate a motion seeking to establish a “fair chance” housing ordinance that would prohibit property owners from asking about an applicant’s criminal history, then acting on it, Fox11 Los Angeles and City News Service reported. Council President Paul Krekorian and Councilman Curren Price recused themselves, while Councilwomen Katy Yaroslavsky and Monica Rodriguez were absent. The motion will... Read more
The real estate world is changing fast, and Artificial Intelligence (AI) is leading the charge, especially for those of us looking into passive investing. Gone are the...
Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her...
If you’re a multifamily property owner, you know that keeping your buildings up-to-date and attractive is critical to attracting and retaining tenants. However,...
Do you routinely check the rental rates of competing apartment communities in your marketplace? Does this data influence how you set and adjust your community’s...
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