Property Management News
Keeping a building dry is both an interior and exterior challenge. All buildings, regardless of materials and construction, are at risk of water infiltration and moisture build-up in walls, ceilings, window wells and roof materials. This can cause a wide range of problems, from structural deterioration that undermines the integrity of the building itself to health issues for residents who live there, says Russ Fernandes, senior VP and owner of Becht Engineering BT, Inc. based in Warren, New Jersey. “Preventing water infiltration into living spaces is vital to the protection of residents’ health and the protection of property. Water infiltration into habitable spaces can lead to the... Read more
For much of the past decade, success in multifamily real estate followed a simple formula: Buy a property with cheap debt. Raise rents. Sell. Rinse. Repeat. But that...
If you’ve ever evaluated a multifamily real estate, you’ve likely come across the “1% rule.” It’s often presented as a quick way to decide whether a property...
Multifamily is competitive, and operators are under constant pressure to maintain strong occupancy and online reputations. Star ratings, review counts, and rankings have...
I have to start by giving credit where it’s due. My friend Lisa Trosien has been on a tear lately on LinkedIn—calling out something our industry needs to...
When Aron Sotnikoff got a letter from an attorney seeking a payout for an apartment tenant who slipped and fell in standing water at one of his firm’s properties, he immediately checked the security footage to review the incident. Sotnikoff, the director of risk management for development and asset management firm Time Equities, was bewildered watching the tenant walk by a puddle, then walk back up a staircase before returning to walk straight through it. “This person didn’t even have the good sense to actually fall,” said Sotnikoff, who is in charge of acquiring the insurance for the company’s 43M SF of commercial real estate. “Did I miss something? Is this for... Read more
AI is not a replacement for a property management platform, but it can help with administrative functions. Beware of its potential bias, legal issues and...
Real estate investors often ask: When is the right time to sell a performing property and move into something bigger? It’s a fair question—especially when you’re...
Renters make small decisions fast. Before they ask about the lease terms, before they compare the square footage, before they picture where the sofa might go, they’ve...
Key Takeaways Expert insights on dscr no-doc income verification: how to get a rental property loan without tax returns Actionable strategies you can implement...
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