Property Management News
U.S. homebuyers are facing monthly mortgage costs that are 52% higher than the average monthly apartment rent, according to a recent analysis by CBRE Research, a real estate and investment insight firm. Placing that number into sharper focus: monthly mortgage payments, including taxes, have risen by 70% since 2019. Wow. While that’s a staggeringly discouraging figure for the prospect of living the traditional ‘American Dream,’ it should be a rallying cry to apartment marketers everywhere. Not only is this an opportunity to create campaigns and strategies targeting the generations most impacted by this dynamic – Millennials and Gen Z, ages 18-44 – it also signals a... Read more
Your apartment community’s online reviews are sometimes more influential to prospective residents than your marketing messaging because they provide a more authentic,...
In People vs. Commons West, LLC, the Cortland County New York Supreme Court ruled the New York Source of Income Antidiscrimination statute (“SOIA”) to be...
As a landlord or property manager, understanding the intricacies of smoking policies in rental properties is crucial. This comprehensive guide dives into the...
Navigating the tax considerations for multifamily investors requires a thorough understanding of depreciation, deductions, capital gains, 1031 exchanges, and passive...
Partnering with a local utility provider can help increase energy efficiency, streamline operations, and reduce resident turnover. While amenities have been a popular way to attract prospective residents of multifamily properties, some of today’s most important features, including those focused on health, energy efficiency, and proptech, can make all the difference. And there is a huge opportunity to meet these growing resident demands. According to the American Council for an Energy-Efficient Economy, the potential exists to improve the energy efficiency of U.S. multifamily properties by 15% to 20% and save $3.4 billion in utility costs. Save Energy and Reduce a Property’s Carbon... Read more
Financing opportunities and federal funds are available to multifamily if you just know where to look Illinois Sen. Everett Dirksen, perhaps the last great Congressional...
Real estate investing offers the potential for attractive returns through rental income and property appreciation. However, it also comes with significant risks that...
Have you filed your taxes yet? If not, read on — April has a tendency to sneak up on even the savviest of taxpayers, and there are several important dates you should...
Even as consumer affairs agencies at the state, local and federal levels crack down on fake online reviews, potential renters are using these evaluations more and more...
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