Property Management News

How to Prepare Your Rentals for Heat Waves and...

Between heat waves and drought conditions at your rental property, there is a lot to think about beyond the traditional summer maintenance plans. If your properties exist in a climate that is likely to experience one (or both) of these conditions, a little preparedness can go a long way to keep your tenants and your property ready for the extreme heat. Summer sun may bring about a lot of fun, but with rising temperatures hitting record highs year-over-year, there’s no doubt that too much sunshine can bring about detrimental effects. From heat waves to drought conditions, there are a number of issues that landlords and property managers should be aware of during the summer months.  Extra... Read more

When managing multiple apartment communities, it’s easy to get caught up in the right now. You’re focused on surviving the upcoming busy leasing season,...

The Oregon House has unanimously passed a bill to allow property owners and landlords to evict squatters after giving a 24-hour notice, according to katu.com news. The...

For your multifamily investments, essential insurance coverage includes property damage, liability, loss of income, flood protection, and equipment breakdown...

Technology has seeped into every part of our daily lives, including our homes. Over the last decade, the number of homes with at least one smart device has steadily...

Rents Continue To Fall Across the U.S.

For renters looking for the most bang for their buck in the rental market, it might pay to go small. While December 2024 rents were down overall in units of all sizes, studios saw the biggest decrease: 1.3% year over year versus 0.9% for larger one- and two-bedroom units, according to the latest rent report from Realtor.com®. Rents were down in all but 11 of the 50 largest metropolitan areas. And in the markets where rents were up, in general, they were not up significantly. The median rent for a studio unit in the 50 largest metros was $1,419, compared with $1,579 for one-bedrooms and $1,880 for two-bedrooms. In December 2024, the U.S. median asking rent continued to decline month over... Read more

You may think improving your apartment building’s exterior is a daunting task. However, with a few simple and cost-effective strategies, you can make a big difference...

Across the country, the arrival of new units will affect occupancy, rental rates and operations in 2025. As we contemplate the opportunities in multifamily, we simply...

More than four of every five U.S. residents (82%) believe there should be caps on the amount landlords are allowed to increase rent, according to a...

A group of Jersey City tenants living in rent controlled apartments claim their landlord’s employees placed rancid smelling fish in a vacant unit earlier this year as...