Property Management News
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore – it applies directly to a large portion of California’s housing stock. If you own, operate, or manage apartment buildings or community associations with Exterior Elevated Elements (EEEs)—balconies, decks, stairways, walkways, or landings—especially those constructed with wood or wood-based structural components, you are now operating under mandatory inspection laws. That includes: Apartment owners subject to SB 721 Condominium associations and HOAs under SB 326 Property managers responsible for execution and compliance... Read more
Baseball-sized hail used to read like a weather oddity. In March, it looked more like a balance-sheet issue. In Kansas City, storms dropped hail as large as 4 inches...
If you manage a rental property — whether it’s a small apartment building, a duplex, or a multi-unit complex — you’ve probably dealt with the same...
When most people think of maintenance, they probably think about wrenches, drills and screwdrivers, not cutting-edge digital technologies. But when it comes to...
Key Takeaways Hands-on landlords need knowledge of tenant law for simple repairs. Property managers or REITs can help if you can’t manage properties. Typical...
Every apartment owner knows the feeling. A maintenance issue comes in that sounds routine: somebody grabs a ladder, somebody else shuts off what they think is the right breaker, and the whole thing gets treated like a quick fix instead of a risk decision. That’s usually where the trouble starts. Not with the big dramatic jobs everyone worries about, but with the ordinary ones: a dead outlet in a unit turn, a leaking water heater, a roof patch after a storm, a flickering exterior light, a stubborn HVAC panel that “just needs a look.” Most multifamily teams are not short on effort. They’re short on structure. The gap is rarely that people don’t care. It’s that too many owners... Read more
The dream of scaling through single-family rentals is a mathematical trap that keeps 92% of investors trading their time for tiny checks. You’ve likely felt the...
On an extremely cold afternoon last month, several tenants said they couldn’t shower, flush the toilet or do their laundry. Building managers blamed frozen pipes...
Discover the hidden costs of tenant turnover and learn strategies to reduce vacancies. Complete breakdown of expenses, time investments, and proven retention tactics for...
KEY TAKEAWYS Utility costs fell from 11–12% of multifamily rent in the mid-2000s to 8.8% by 2020. US shale boom and lower natural gas prices reduced utility...
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