Property Management News
Renovating a multifamily property can significantly enhance its value, attract higher-paying tenants, and improve tenant satisfaction—but it’s not without challenges. Value-add renovations can significantly boost a property’s market value and increase investor returns. By upgrading units, enhancing curb appeal, and modernizing amenities, property owners can command higher rental rates, improve net operating income (NOI), and achieve a stronger return on investment (ROI). However, balancing necessary upgrades with tenant retention is a delicate art. Disruptions caused by noise, dust, or limited access to amenities can lead to tenant dissatisfaction or even move-outs. Here’s how to... Read more
You may think improving your apartment building’s exterior is a daunting task. However, with a few simple and cost-effective strategies, you can make a big difference...
It’s a rare but awful occurrence: someone passing by a multistory building, minding their business as they go about their day, is struck by something—a brick, a...
Your property’s staff—in particular its maintenance staff—is the oil and muscle that keeps your building or HOA in shape and operating from day to day. There’s...
You may think improving your apartment building’s exterior is a daunting task. However, with a few simple and cost-effective strategies, you can make a big difference...
ADUs (Accessory Dwelling Units) and tiny houses have become distinctive living solutions in compact living. Understanding these options’ differences is crucial for downsizing or seeking an alternate living space. ADUs are additional living units on the same property as the main house. They can be converted garages, basement apartments, or separate cottages. ADUs allow homeowners to expand their living space and generate rentals while maintaining the privacy of both units. On the other hand, tiny houses are compact living spaces intentionally designed to be small and efficient. These houses often feature a minimalist lifestyle, where every inch and corner is maximized for... Read more
Property owners and managers are no strangers to wearing many hats, but developing a plan for energy reduction and electrification could be unfamiliar territory to even...
Successfully managing rental properties can feel like balancing multiple roles at once. From ensuring tenant satisfaction to handling maintenance issues and complying...
Regarding fire safety, properly operating smoke detectors is one of the most essential tools for alerting property owners and firefighters of dangerous home and...
Hurricane season is in full swing. As heavy rains and powerful winds tear through the Southeast, flooding has quickly become a major concern for multifamily owners and...
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