Property Management News

Finding the Perfect Multifamily Property

Because of their capacity to improve an investor’s cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Multifamily refers to properties, such as apartment complexes, condominiums, townhouses, semi-detached units and duplexes, all of which offer multiple spaces for rent. Are you taking that big step and purchasing your first multifamily property? Or are you an old pro adding another investment property to your real estate portfolio? Either way, there are certain steps that you need to follow to make the experience a successful one. Taking your time and doing your due diligence when... Read more

Multifamily leaders are banding together in response to the devastating wildfires that have destroyed as many as 12,000 structures and displaced tens of thousands of...

Your property’s staff—in particular its maintenance staff—is the oil and muscle that keeps your building or HOA in shape and operating from day to day. There’s...

Gov. Gavin Newsom issued an executive order Friday prohibiting landlords in Los Angeles County from evicting tenants who open their doors to wildfire victims. “At a...

The Fair Housing Act (FHA) requires property managers to provide reasonable accommodations for residents with disabilities to ensure equal access and enjoyment of their...

How to Write Lease Non-Renewal Letter

As a renter, when you start looking for somewhere new to live, you need to let your current landlord know that your current lease is ending and that you’re moving on. As a landlord, you may decide that you’re ready to end a relationship with a particular renter, you’ll also need to provide notice. The easiest way to do this? Draft a non-renewal lease letter. What Is a Lease Non-Renewal and Lease Expiration Date? A lease non-renewal is notice from one of the parties in a lease to the other that they do not intend to extend the lease for another term. These documents, often referred to as a lease letter, make it easier for tenants to prove that they’ve separated from a property. It... Read more

ADUs (Accessory Dwelling Units) and tiny houses have become distinctive living solutions in compact living. Understanding these options’ differences is crucial for...

As high-net-worth individuals and families think about building generational wealth, they are looking for ways to create a legacy that spans decades. With the largest...

A new law was recently signed by Governor Healey in Massachusetts that aims to protect tenants from the negative impact of eviction records. This law, part of the...

Property owners and managers are no strangers to wearing many hats, but developing a plan for energy reduction and electrification could be unfamiliar territory to even...