Property Management News
Before IRR. Before waterfalls. Before fancy models. Real estate is a cash flow business, and the only thing that matters at the start is whether the deal creates value. The mistake most people make is underwriting off in-place income. Instead, you should underwrite the future cash flow at today’s market rents, assuming zero rent growth. That brings us to stabilized yield. Stabilized yield is simply the post–value-add NOI divided by your total cost basis (purchase price + renovation costs). Conceptually, it’s EBITDA over invested capital. Once you have that number, compare it to the market cap rate. • If stabilized yield is below the market cap rate → value is destroyed •... Read more
KEY TAKEAWAYS US multifamily rent growth slowed to 1.4% year-over-year in January 2026, down from 1.6% in December. 67.6% of US metros saw monthly rent increases, while...
Even New York City’s affordable housing is getting too expensive for many low-income tenants, leading to a spike in eviction filings, a new report...
Chargebacks – when a property charges a resident for causing damage to the property – are becoming increasingly significant in the residential rental...
With national vacancy rates hovering around 7%, property managers are under pressure to differentiate, retain residents, and operate more efficiently—all at the same...
The U.S. rental market has officially tipped in favor of tenants and turned renter-friendly as the vacancy rate has climbed to 7.6% across the 50 largest metros. Realtor.com says in their January Rental Report that 44 out of the 50 largest metros are now either renter-friendly or balanced, leaving just six markets more landlord-friendly. As vacancy rates rise, costs are adjusting downward. January marked the 29th consecutive month of year-over-year rent declines, with the national median asking rent dipping 1.5% year-over-year to $1,672. “After years of being squeezed by limited inventory, renters are finally seeing the supply wave work in their favor,” said Danielle Hale, chief... Read more
Midwest apartment markets are outperforming the Sun Belt in 2026, with steady rent gains and limited new supply. Cities like Cincinnati and Minneapolis benefit from...
If you’re considering a renovation, you know how important it is to hire a skilled contractor for the job. But sometimes, unexpected problems arise. Once the paperwork...
At the first sign of vacancy troubles, apartment operators often react by running a community-wide rent special. Here’s the problem: Broad specials, where every...
Email inboxes are crowded. Portals go unchecked. Voicemails get missed. But texts? They get read. When used intentionally, texting becomes one of the most effective...
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