Property Management News
If your prospects keep telling you they are ‘still looking’ when you follow up with them, you’re not alone. My inbox is full of the same question right now: “Why are renters cross-shopping more than ever…and how do we stop it?” Short answer: Apartments feel interchangeable. Same pricing structure. Same features. Same amenities. Same availability windows. Same ‘deals’. And sadly, same old generic leasing presentation for the most part. So people tour, say thanks, and keep looking. Cross-shopping isn’t the real issue. What happens DURING and AFTER the visit is. If clarity doesn’t happen during the tour and get reinforced... Read more
If you’re managing rental properties and feel like your leasing efforts are stuck on repeat, you’re not alone. High turnover is costly—not just in dollars but in...
Fannie Mae announced new ADU financing rules. Most investors missed it. The ones who didn’t? Already running numbers on properties they own. The change: Fannie...
Renting property always carries some level of risk. Even tenants who appear financially stable and responsible can present challenges when it comes to paying rent on...
I’ve spent years in Austin as an apartment locator, riding shotgun on people’s entire search. I hear the jokes, the panic, the side comments as we exit the...
Every transformation begins with a few voices. In the multifamily industry, that voice belongs to a community’s residents, and it’s important to listen at the right moments. Resident surveys have evolved dramatically, going beyond the “set it and forget it” mindset to a more dynamic ecosystem. The long-standing annual survey is no longer sufficient to support the resident experience. Think of timing resident feedback like you would a conversation in a new relationship. It’s not healthy to wait an entire year to make sure everything is going well. For the relationship to thrive, it needs regular check-ins. This is the same approach that multifamily needs to take with its residents.... Read more
KEY TAKEAWAYS 86% of Gen Z and millennial renters have delayed major life milestones due to rising housing costs. Renter priorities focus on essentials: in-unit...
While climate change may have reduced the frequency of multi-foot snowfalls in the New York metro, when we do get dumped on, the precipitation tends to be heavier and...
Multi-family real estate provides stronger tax shelters than single-family properties through advanced depreciation schedules and cost segregation feasibility....
With winter in full swing in parts of the country, many of us are all too familiar with freezing temperatures. While this can make it tough to be a landlord, there’s...
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