Property Management News
Even though we are in the middle of winter, spring will be here before we know it, and maintenance managers know that a proactive approach is key to staying prepared and avoiding many unnecessary surprises. From flooding to mold to unwelcome pests, spring brings a new set of challenges for maintenance managers and looking ahead helps you better manage your building all year long. As the snow starts to thaw, plan your spring maintenance schedule by identifying potential issues or threats to your building early. Indoor maintenance Assess the inside of your building to identify winter damage, risks, and opportunities for improvement before the seasons change. Look for evidence of recent water... Read more
Competition in the multifamily housing market is intensifying, with new developments offering upgraded amenities, leasing incentives, and smart-home features. These...
Here are 3 steps to help deal with tenants and frozen pipes and hopefully avoid the problem in your rentals and the maintenance calls that can result this winter. No. 1...
A small amount of preparation early can help landlords avoid late payments, excessive complaints, property damage, and other issues that often stem from rushed or...
“So… what’s the real rent????” This question is being asked at apartment communities all across the nation, right now. Why? Because a prospect...
Roughly 1 in 3 renter-occupied housing units in America are in large multifamily buildings, the highest share in records dating to 2011, according to a Redfin report. Large multifamily buildings are defined in the study as having 20 units or more. The results demonstrate the impact of 15 years of heavy multifamily development while single-family inventory has grown at a more measured pace. Single-family homes made up 31% of rentals, their lowest share on record. Redfin’s report is based on its analysis of Census Bureau data through 2024, the most recent year for which data was available when Redfin conducted the survey. Construction of multifamily housing and single-family homes... Read more
There’s a pattern happening across multifamily marketing right now that’s costing communities residents—and most don’t even realize it’s...
Median income renters found housing a little more affordable at year-end as asking rents slipped – partly due to continuing high vacancies and concessions from...
Having an in-house laundry facility is more than just an appealing amenity in multifamily communities—the ability to get this fundamental chore done without leaving...
Most operators are underestimating how much fraud is getting through their current screening process, even if they think they’ve “tightened things...
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