Property Management News
Real estate is often touted as one of the best long-term investment choices, especially for multifamily investors. However, the complexities of property tax regulations can create potential pitfalls that may erode your profits. This guide aims to equip you with strategies to navigate property taxes effectively, ensuring you maximize your returns on investment. Understanding Property Taxes: What Do Property Owners Pay? As a property owner, it’s essential to be aware of the various taxes you might encounter. Here’s a breakdown of the main taxes applicable to property owners: 1. Real Property Tax Real property taxes are levied by local county authorities based on the assessed... Read more
Fixer-upper investment properties have become very popular in recent years due to the “fixer-upper” television show. Thus, this real estate strategy is...
Email marketing is one of the most powerful and cost-effective tools available to property managers looking to grow their business, nurture client relationships, and...
A new report from Cotality reveals that investment homebuyers frequently overbid by up to 4.3% per property, often pay in cash, close quickly and are more likely to...
Last year, the U.S. birth rate dropped to an all-time low, setting off alarm bells about the nation’s long-term economic stability and social vitality. Building...
Every leasing professional has them — the “dead leads.” The ones who toured, loved it, and then… leased somewhere else. You marked them as “lost” in your CRM and moved on. But here’s the secret: they’re not gone forever. In fact, those same prospects could be looking for a new home in less than a year. Most apartment leases are 12 months, which means your “dead” lead might be just a few months away from shopping again. The key is to resurrect that connection before their renewal letter lands in their inbox. Stay in Touch, Stay Top of Mind Consistency is the magic word. Don’t wait for them to come back to you — stay present in... Read more
Your apartment community’s online reviews are sometimes more influential to prospective residents than your marketing messaging because they provide a more authentic,...
A survey of current and prospective renters reveals a gap between what they want in an apartment and what developers and landlords are providing. Based on a...
Imagine living in (or renting out) an apartment where rent doesn’t jump hundreds of dollars each year. The price stays steady, the lease keeps renewing, and tenants...
The Americans with Disabilities Act (ADA) was enacted to ensure equal access and opportunity for individuals with disabilities. While the law plays a critical role in...
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