Property Management News
Understanding the Eviction Process Eviction is a legal process where a landlord removes a tenant from their property. Knowing the eviction process is crucial for both tenants and landlords to avoid any legal complications and loss of income. If a tenant fails to pay rent or violates the lease agreement, the landlord can serve them with an eviction notice. The tenant then has a specific time to respond and rectify the issue before the landlord files for eviction in court. During an eviction hearing, both parties present their case, and the judge makes a decision. If the judge rules in favor of the landlord, they can obtain possession of their property through law enforcement. It’s... Read more
Three major rental platforms will start showing extra monthly fees that can surprise tenants — and add up to make a place less affordable than it first seemed. These...
Resident renewals have long represented one of multifamily’s unrealized opportunities. Many operators have approached their efforts to retain residents with only...
Investing in multifamily real estate can present a challenging situation for those new to the real estate market, so here are some key factors to analyze. The real...
Rents are set to fall even more this year, which could be the key to getting the economy back on track. With inflation slowing down, renters may be in for more relief...
Owners of large commercial real estate portfolios typically have internal staff to deal with assessed property values and the resultant taxes on a regular basis. But what about owners of small- or medium-value properties? How can a taxpayer, without knowledgeable staff or outside assistance, determine whether their assessment is fair or if they should seek an adjustment? And if seeking a reduction seems appropriate, going it alone through discussion with the assessor may be productive. Any such informal review or discussion should be the result of careful consideration and preparation. The following points are essential in that review and will help the taxpayer build and present a strong... Read more
Using Renderings for Apartment Marketing Renderings for apartment marketing could be the difference between scrolling past the website and a signed lease. Learn more...
What Does a Charge-Off Mean? A charge-off means a company has written off a debt because it does not believe it will receive the money that it’s owed. You are still...
Robin Valentine struggled financially for years as she lived in subsidized housing in Boston’s Dorchester neighborhood with three children she raised on her...
There are some important things to consider today when making an offer to a homeowner in foreclosure. If and when their home goes up for auction, the opening bid is...
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