Property Management News
I’m sure that you’ve heard the chatter: short-term rentals are “dead,” Airbnb is oversaturated and no one is making money on the platform. The truth is that yes, Airbnb is more competitive than ever and the bottom 50% of operators are struggling to make positive returns. However, top operators are making more than ever. New tools have made it easier than ever to “rinse and repeat” winning strategies and scale STR portfolios into multi-million dollar businesses. You cannot purchase a house in a good location, throw it on Airbnb and expect it to be a winner. Finding and operating a successful short-term rental takes research, planning, and leveraging these short-term... Read more
The High Cost of Overlooking Construction Safety Renovations and capital projects can refresh an apartment community. New amenities, smarter layouts, and better curb...
Key Takeaways Fire deaths occur at one-fourth the rate in new multifamily buildings compared to modern single-family homes. Features like sprinklers, fire-resistant...
As the weather starts to cool and we head into fall, it’s a good time to start thinking about winter prep. Smart property technology can do a lot of the heavy...
Fraud has long plagued the multifamily sector, but the scope and sophistication of the problem are now reaching new levels, fueled by technology and shifting consumer...
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 addition to the September drop, the rental market has now entered the slow season and rent prices are expected to continue to drop through the end of the year. Fewer renters looking to move as temperatures turn cooler and the holiday season approaches the Apartment List Research Team says. Highlights of the October report: The national median rent now stands at $1,394. Rent prices nationally are down 0.8% compared to one year ago. The national multifamily vacancy rate now sits at 7.1%, a record high. Units are taking an average... Read more
The Federal Trade Commission sued a pair of online rental listing platforms Tuesday, claiming Zillow paid its competitor Redfin $100 million to cease advertising...
New York City homeowners can now apply to add basement, attic, and backyard apartments to their existing properties. On Tuesday, the city launched an applications...
KEY TAKEAWAYS A surge in unsold homes converted to rentals is slowing rent growth, with projections showing just a 0.8% increase in 2025, the weakest since...
The restoration of full 100% bonus depreciation in 2025 has supercharged the value proposition of 1031 exchanges, fundamentally reshaping the landscape for...
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