Property Management News
When recession fears rise, budget cuts often follow—and education directors are being asked to make hard choices. Training programs frequently top the list of cuts, especially those perceived as non-essential or deferrable. At first glance, trimming fair housing training may seem like a logical decision. But beneath the surface, that cut often becomes a costly shift—moving risk and liability into a company’s blind spot. Fair housing training isn’t just a compliance checkbox; it’s a core part of operational risk management. Skipping or delaying it may offer short-term budget relief but open the door to long-term financial exposure. Companies often realize too late that... Read more
Amenities are often what separates good multifamily buildings from great ones. In competitive markets things like pools, gyms, clubhouses, and office centers can be what...
How apartment communities generate revenue follows a simple formula: Revenue = Price x Occupancy The occupancy part is easy to figure out. Price is a lot trickier. Set...
Kenneth Mattson, the former CEO of LeFever Mattson, is charged with defrauding approximately 200 investors by selling fake ownership stakes into apartment properties...
There’s a lot that goes into being a successful landlord. One key piece is the service contract. The term might sound a little vague, and you may be wondering: What...
Tenant screening is a crucial part of effective property management. It ensures that qualified, responsible renters are placed in rental properties, fostering positive, long-term tenancies. From verifying financial stability to checking rental history and conducting background checks, property managers follow a structured process to make informed decisions. Proper screening helps reduce late payments, property damage, and renter turnover, leading to smoother operations and greater peace of mind. In this blog, we will learn how property managers handle tenant screening and why this process is important to creating a successful rental experience for all parties. What Is Tenant... Read more
Renting out a property can be a great way to build wealth, but it’s not without risk. The tenants you choose can make or break your rental experience. Many new...
So, you’re thinking of renting a place with someone—maybe your partner, your best friend, or even your cousin who swears they’re good with finances now. Great. But...
Capital gains on rental property can feel like one of those things no one tells you about—until it’s time to sell. Suddenly, you’re hearing tax terms, numbers, and...
Real estate typically requires a significant upfront investment, but what if you could buy new construction rental properties with little to no money down? By leveraging...
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