Property Management News
When it comes to real estate investment, two prominent strategies that often come into play are multifamily investing and fix and flip. Both avenues offer unique opportunities for investors to maximize their returns, but they also come with distinct approaches and considerations. In this comprehensive guide, we’ll delve deep into the world of real estate investment and explore the key differences, benefits, and challenges of multifamily investing and fix and flip projects. Multifamily Investing: Building Long-Term Wealth Understanding Multifamily Investing Multifamily investing involves purchasing properties with multiple rental units, such as apartment complexes, duplexes, or... Read more
While economic growth and a strong job market have helped multifamily asking rents grow nationally in August, operators are now facing the rapid expense growth on that...
Friday’s deluge was yet another reminder that little has been done to make basement dwellings safer, and that the risk for residents is only increasing. Torrential...
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...
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...
Because induction stoves only heat the pan they induce a current in, they are safer than gas or electric reduction stoves. A gas or electric resistance stove with oven has an average lifespan of 10 to 15 years. That means at some point in your tenure as landlord, you’ll likely be replacing one in your rental’s kitchen. Instead of going with the standard gas or electric resistance stove, we suggest you consider an induction range. Induction ranges are more efficient than their traditional counterparts, more environmentally friendly and, in many ways, safer to use. But induction stoves are less popular than standard gas or electric resistance options, and many of your tenants may be... Read more
By making the right capital improvements, property managers can increase the value of their properties and create a more attractive environment for tenants. Maximizing...
A survey shows 64 percent of respondents said their landlord was slow to make repairs, while more than one-third of respondents said that repairs were done badly,...
Because you are a savvy landlord, you routinely run background checks on your prospective tenants. You know these screenings are the best way to keep out undesirable...
Home flipping can be profitable – if you do it right. The exact profits you’ll get when flipping a home depend on the property you choose, the repairs and projects...
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