Property Management News
The U.S. once again finds itself grappling with the aftermath of a devastating hurricane, one of the many pummeling weather events that have caused death and destruction across several states in recent years. Climate change is exacerbating the size and scope of storms and floods, and more than ever, property owners and investors want more information about potential climate risks. In the same school ratings, walkability scores, and property tax information are featured on residential and commercial property listing sites; climate risk data is now finding its way into the data set. Last week, Zillow, the country’s largest real estate listings platform, announced it would soon begin adding... Read more
The most common resident persona in multifamily is the career-focused, non-homeowning young professionals. But don’t forget about those who just launched those...
The importance of a thorough and accurate rental application cannot be overstated. As a careful landlord, you want to know as much as possible about anyone seeking to...
Multifamily revenue management is more than setting rent prices; it’s aligning your apartment community’s whole operation—leasing, marketing, management,...
Delve into your multifamily property’s financial health by strategically deducting operating expenses. Maximize cash flow, reduce taxable income, and leverage...
When evaluating multifamily properties as potential investments, financial models play a crucial role in determining their viability. These models not only project cash flows but also estimate the eventual sale price of the property, which significantly impacts the overall return on investment. It’s important to recognize that the accuracy of these projections, including the anticipated selling price and returns, hinges entirely on the assumptions built into the model. If these assumptions are overly optimistic or unrealistic, the projected sale price and returns will be inaccurate, potentially leading to poor investment decisions. Three key assumptions in these models significantly... Read more
Where you put windows in a home is not just a decision in architecture; it’s how to make a home get the most energy-efficient, comfortable, and improve living quality....
Rent Collecting Options Cash We recommend against using cash to collect rent. It’s not very secure, and can be lost, stolen, etc. You should also issue a receipt,...
They call it passive investing. You buy an investment property, find tenants and collect the rent. Sounds so easy doesn’t it? But the reality is that there is a great...
Enhance your tax efficiency while refinancing multifamily properties by strategizing your depreciation deductions. Consider cost segregation studies and categorize...
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