Property Management News
When you’re investing in multifamily properties, it’s easy to focus on rental income, occupancy, and appreciation. But smart investors know the real test of profitability lies in evaluating multifamily expenses. The way you analyze costs directly affects net operating income (NOI), cash flow, and ultimately the property’s valuation. Accurately evaluating multifamily real estate expenses means distinguishing between reliable deals and financial traps. Get it wrong, and you may overpay for a property. Get it right, and you set yourself up for strong return on investment and a healthier real estate portfolio. This guide will take you through the process step by step. It covers... Read more
As a landlord or apartment building manager, few things impact tenant satisfaction (and your bottom line) more directly than the building’s heating system. When...
How hiring the wrong team—or ignoring routine care—can drain your profits. Maintaining a multifamily property isn’t just about patching drywall or cleaning between...
Owning a rental property isn’t just about collecting rent, it’s about protecting a valuable asset. A landlord property inspection gives you the chance to catch...
Student housing maintenance isn’t just about fixing problems when they happen—it’s about staying ahead of them. For property managers of college dorms, university...
Labor Day, the start of meteorological fall and the equinox are firmly in the rear-view mirror. Meanwhile, colder temperatures, ice and snow aren’t too far off in the future. The good news is there’s still time for multifamily owners and operators to “winterize” outdoor amenity areas (think courtyards, swimming pools, rooftop terraces, fire pits and others), while preparing the great indoors for an uptick in residential usage. “Think of it as a seasonal reset,” said Alexandra LaFlam, National Account Executive at WithMe, Inc. Inspect, Clean and Store No matter where a multifamily property is located in the United States, the chances are pretty good that its outdoor features... Read more
The myths that dozens of people have created, including things such as a clean house never has pests and just spray once and you are done, not only do not help to...
Property managers are no strangers to the challenges of turnover, tenant retention, and budget constraints. But one area that often slips under the radar is the...
While the average unit count for a Multifamily property continues to rise, well over 40% of Multifamily units are in smaller properties. There are real differences in...
When Anna Julian happened upon a neglected row home in Baltimore seven years ago, she had no formal construction training—just determination, a willingness to...
Accessibility