Property Management News
KEY TAKEAWAYS A recent CDC report identifies the hot tub at a short-term rental property as a potential source of Legionnaires’ disease New York investigators identified Legionella in a rental property hot tub and found a potential connection between environmental samples and samples associated with two reported cases The CDC emphasizes proper maintenance and monitoring to mitigate against potential Legionella hazards for short-term rental owners A recent Morbidity and Mortality Weekly Report from the Centers for Disease Control and Prevention (CDC) seeks to highlight potential Legionnaires’ disease hazards associated with hot tubs at short-term rentals. By way of background,... Read more
Most homeowners only think about their home’s systems when something goes wrong. The boiler breaks down during the coldest week of January. The electrics trip...
Regular rental property inspections are one of the most important risk-management tools for landlords and property managers. They help protect the property, reduce...
Here is the uncomfortable truth: for the past three years, rising rents covered a lot of operational sins. Deferred maintenance, inefficient turns, bloated vendor...
Fire prevention in multifamily housing often comes down to chance instead of planning and that gamble is costing owners millions, according to Michael Pigg, CEO of...
It’s safe to say that AI is no longer just a futuristic concept or a fleeting tech bubble. Beyond all the hype and debate, artificial intelligence has gone from a dream to a very real resource that is improving business at every level. Like the internet and the telephone, some technology isn’t just a nice-to-have; it’s indispensable. Property owners who don’t embrace AI risk losing money to inefficiencies and missing opportunities. From organization to basic customer interaction to generating documents, AI-driven platforms can automate most of the repetitive tasks that take up a workday, freeing human team members to focus on more productive, revenue-driving work. AI also... Read more
Everything has its season, goes the old saying—and that’s especially true when it comes to common area upgrades. Planning and executing these projects takes time,...
Keeping a building dry is both an interior and exterior challenge. All buildings, regardless of materials and construction, are at risk of water infiltration and...
Unexpected property damage can disrupt finances and timelines with little warning. Repairs may be required immediately to prevent further deterioration or safety...
The short answer is yes — but not in the way most landlords think. Window cleaning does not add a fixed dollar amount to an appraisal. What it does is remove a visible...
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