Property Management News
You should pay attention to timing investments in multifamily real estate because it greatly impacts your returns. Market cycles, interest rates, property location, condition, and legal considerations all influence your success. By strategically entering and exiting the market, you can maximize profits and minimize risks. Understanding the economy, aligning long-term goals, and managing cash flow effectively are crucial for success. Seeking professional advice can offer valuable insights and help navigate market complexities. Your investment timing decisions can make a substantial difference in your financial outcomes, so make sure you consider all these factors carefully. Key... Read more
In multifamily property management, achieving success isn’t just about the numbers—occupancy rates, net operating income, or returns to ownership. Success is...
A trio of tenants who took their landlord to court to reclaim their apartment security deposits say they finally got their money back days after Gothamist reported on...
Multifamily applicant fraud is becoming a widespread challenge for the industry as fraudsters become more inventive, according to the State of Applicant Fraud Report...
Renovating a multifamily property can significantly enhance its value, attract higher-paying tenants, and improve tenant satisfaction—but it’s not without...
California is leading the way in housing innovation with the recent passage of SB 1211, a landmark bill that updates and enhances current accessory dwelling unit (ADU) regulations. Authored by Senator Nancy Skinner and backed by housing advocates such as California YIMBY and the Casita Coalition, this new legislation promises to reshape the way multifamily properties can increase their ADU potential, creating a blueprint that other states and countries should consider adopting as well. What does SB 1211 do? ADUs, commonly known as “granny flats” or “backyard homes,” are already prevalent as an effective solution for increasing California’s affordable housing. Over the past 7... Read more
Navigating the world of multifamily real estate requires more than just financial acumen and property management expertise. Successful investors understand the...
As renters across the nation navigate a competitive housing market, the rise of sophisticated rental scams is adding financial and emotional strain to an already...
Understanding multifamily real estate cycles involves analyzing economic trends, demographic shifts, location specifics, government policies, financing influences, and...
Do you factor in competitors’ rents when setting yours? If so, it might be time to address your apartment community’s pricing strategy. That’s...
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