Property Management News
Regular rental property inspections are one of the most important risk-management tools for landlords and property managers. They help protect the property, reduce liability, improve tenant relations, and preserve long-term asset value. Professional property managers and rental property owners are busy. With leasing, maintenance coordination, resident communication, and daily operations, inspections are often one of the first things pushed to the back burner. Unfortunately, skipping inspections can allow small problems to turn into larger and more expensive issues. Why Rental Property Inspections Matter Regular inspections help housing providers identify lease violations, maintenance... Read more
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...
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 moisture build-up in walls, ceilings, window wells and roof materials. This can cause a wide range of problems, from structural deterioration that undermines the integrity of the building itself to health issues for residents who live there, says Russ Fernandes, senior VP and owner of Becht Engineering BT, Inc. based in Warren, New Jersey. “Preventing water infiltration into living spaces is vital to the protection of residents’ health and the protection of property. Water infiltration into habitable spaces can lead to the... Read more
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...
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...
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