Property Management News
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 Premier Fire Protection. Speaking at the FXD Summit by HappyCo in Austin, Texas, Pigg warned apartment maintenance teams and supervisors that too many properties in high-risk markets such as Texas, Florida and Los Angeles rely on inconsistent upkeep and outdated systems rather than disciplined prevention strategies. The stakes are high. Structure fires cause $15.3 billion in direct property damage annually, with roughly 76,000 apartment and multifamily fires. About 9% of all fire-related deaths occur in multifamily... Read more
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...
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 signal of neglect that costs landlords prospective tenants, faster lease signings, and stronger negotiating position on rent. In a rental market where vacancy is rising and tenant turnover averages $1,750 to $3,872 per unit, clean windows are a retention and leasing tool as much as a maintenance task. Why Landlords Keep Asking This Question If you manage rental properties, you already know the pressure. According to industry data, the average cost of tenant turnover runs between $1,750 and $3,872 per vacancy when you factor... Read more
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore –...
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...
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