Property Management News
Moving into a new rental property can be an exciting experience for tenants, but it can also be stressful. Coordinating the move, getting the keys, signing the lease, and making sure the unit is in good shape before move-in are all high priorities. As a property manager, it’s important to make the process as smooth and efficient as possible. A comprehensive move-in checklist can help you do that by making sure that all necessary tasks are completed and that the property is in tip-top condition for the new tenant. What Is a Move-In Checklist? A move-in checklist documents the steps that should be taken before a new tenant moves into the property. The checklist serves two purposes: As a... Read more
Multifamily owners are among many in the business world trying to leverage artificial intelligence to cut costs and improve efficiency, but implementation of the...
Key Points While rent prices for apartment buildings are flattening out because of a supply increase, single-family rentals did not see that same level of...
It’s not always sunshine and roses at an apartment. Here’s what to do when residents complain. As a current homeowner, let me tell you, living in an...
Any seasonal change marks the time to perform crucial maintenance tasks as a landlord or property manager. Spring’s arrival is the perfect time for landlords and...
The Secret to More Leases: Just Ask for It! Closing is the most critical step in the leasing process—and yet, it’s often overlooked. Many leasing professionals excel at building rapport, showcasing the apartment, and handling objections, but when it comes to asking for the commitment, they hesitate. If you want to secure more leases, the key is simple: ask for it. Make Closing a Natural Part of the Tour Closing shouldn’t be a final, abrupt step; it should be a natural progression throughout the leasing journey. Implement soft closes as you guide prospects through the community. Engage them with questions that encourage them to envision living there: How does this space... Read more
How much down payment do you need for an apartment building? It’s a common question for real estate investors eager to expand their portfolios. Down payments for...
When a tenant moves out, it might be tempting to give your unit a quick once-over before moving on to the next tenant. But doing so is not only a missed opportunity for...
A year ago, Atlanta was the nexus of a new wave of rental fraud, with national landlords singling out the area as an especially challenging place to collect rents, even...
Maintain compliance in your multifamily real estate by understanding the Fair Housing Act. Uphold the law by respecting protected classes like race, disability, and...
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