Property Management News

Managing Multifamily Properties: Trends and...

Technology has revolutionized almost every aspect of life, and that includes the world of multifamily real estate investing. An array of technological innovations have made it easier to create investment strategies, manage portfolios, invest in properties, and manage multifamily real estate assets, which are all part of the fintech space. With so many new tools available for investors, getting started in real estate has never been easier. Here’s a look at some of the major innovations and trends that are changing the way people like you invest in properties. Revolutionary Fintech Investment Platforms Traditionally, investing in real estate portfolios, such as a REIT, required the help of... Read more

Social media sparked a rise in the popularity of “house hacking,” a fancy new term for the age-old concept of being a landlord that has been repackaged for...

Multifamily is leaning into automation, making the rental process easier for both renters and on-site teams. My daughters, who are at sleepaway camp, recently requested...

Confirming what many property managers may have known, new data from RealPage gives clarity on centralization, technology, and how renters are feeling in today’s...

Do you ever think about what you could do to positively impact the quality of your property without breaking the bank? Of course, like many of us, budgeting for...

Maintenance in a Digital World

Between labor shortages and centralization efforts, multifamily is placing more pressure on its maintenance teams than ever before. The pace and scope of the work are growing, as companies increasingly assign the upkeep of multiple communities or even entire market portfolios to a single service crew. Teams must work strategically and efficiently to accomplish more with less manpower. To make such maintenance models feasible, technicians can’t be tied to a maintenance office. It used to be that when a technician finished one service request, they would return to the maintenance office to pick up another paper service ticket. That back and forth could consume more than an hour of the... Read more

How real estate companies are increasingly using machine learning systems, including AI, to work alongside human employees to achieve things that neither could do on...

Eviction. Not anyone’s favorite word, and certainly not a word that resonates positively with renters. It is, however, a necessary part of operating rental...

AI has been a hot topic, with programs emerging to create artwork, write novels, and so much more. While these features are innovative, there are specific ways that...

81% of property managers credit technology with keeping their residents satisfied. In today’s multifamily property management landscape, the adoption of technology has...