Property Management News
Danielle Rickards is a 30-year-old single mother and a full-time caretaker to her 5-year-old daughter, who has a rare heart condition. For many Americans in similar circumstances, the pressures of affording rent and daily expenses are a constant and crushing burden. But she counts herself lucky: She found an affordable two-bedroom apartment in Grand Junction, Colorado, where rent is subsidized by the local housing authority. On top of that, she also receives a rare financial bonus, part of an experimental program to build equity for affordable housing tenants in Colorado. On the 18th of every month, Rickards receives a small cash stipend – $21.62 – in exchange for paying her rent on... Read more
A new report from Cotality reveals that investment homebuyers frequently overbid by up to 4.3% per property, often pay in cash, close quickly and are more likely to...
The secret sauce that turns a prospect from potential to “SOLD!” is experience — how the apartment tour made them “feel” about your property, including how...
The national median rent dipped by 0.4 percent in September, marking the second straight monthly decline, according to the October report from Apartment List. In...
The cost varies widely based on many factors. An apartment complex typically costs between $3.8 million and $30 million to build, or $75,000 to $600,000 per...
Verified renters—who have undergone formal identity, credit, and income verification—deliver substantial financial and operational benefits for landlords and property managers. Let’s unpack how verifying renters can protect your assets, optimize revenue, and create smoother workflows, all while mitigating risk in today’s dynamic rental market. 1. Reduces Risk of Fraud and Scams Modern verification tools catch fraudulent applications before leases are signed. With rental fraud on the rise, verifying a renter’s identity and credit history has become essential. Case studies show that using verified renter services has led to a 35% decrease in trespasser activity... Read more
In today’s competitive rental market, prompt and effective communication isn’t just good service—it’s essential. Prospective renters are making...
Real estate investors and property managers often need to issue a notice of non-renewal of lease when deciding not to extend a rental agreement. When the choice is not...
Nothing bugs people as much as finding cockroaches in an apartment building. Needless to say, you’re probably wondering: How do I deal with cockroaches in a rental...
Although rents have been on a decline in the top 50 metros for over a year, low multifamily permitting could unfold higher rent prices. In 2024, within the top 50...
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