Property Management News
Tax season is upon us, and understanding real estate taxes for landlords, investors, and property managers is essential. As with any business, taxes can play a big role in your long-term ROI. Understanding taxes, from 1099s to rental deductions and everything in between, is key to get the most out of your real estate business. For property managers and entrepreneurs within real estate, understanding taxes is just good business sense and will allow you to steer your owners on the right path (with the help of a CPA). Money earned through real estate investment carries less significant tax penalties when compared to general income, and savvy landlords and investors take the proper steps to... Read more
Realized gain vs recognized gain is a key concept for any real estate investor. This distinction can make a big difference to your bottom line. You might think all...
Multifamily operators understand the ever-evolving challenges of staying competitive in today’s market. Value-add redevelopment offers a powerful strategy to...
Do you factor in competitors’ rents when setting yours? If so, it might be time to address your apartment community’s pricing strategy. That’s...
In recent years, tiny homes have become a popular alternative to the traditionally large American-style home and a viable way to provide shelter within a small space....
Though many of your apartment community’s units may have similar layouts, rooms, and square footage, each has unique qualities. Those unique qualities are called unit amenities, both positive and negative differentiators that affect their value and desirability. By charging for those differentiators in your rent pricing strategy, you can: Lease all units faster. Boost your apartment’s revenue. Offer your renters more transparency when choosing which unit to lease. Here’s a step-by-step guide to implementing unit amenity pricing in your community. Step 1: Identify Positive and Negative Unit Amenities First, you must analyze every unit in your apartment community to... Read more
Imagine this: You’ve spent months revamping your apartment website and are investing more in digital ads. Your traffic and lead data show that your new marketing...
Fixer-upper investment properties have become very popular in recent years due to the “fixer-upper” television show. Thus, this real estate strategy is...
ADUs (Accessory Dwelling Units) and tiny houses have become distinctive living solutions in compact living. Understanding these options’ differences is crucial for...
There is a fine line between growing rental income and creating vacancy that needs to be understood when managing a property. Economists describe this tension as...
Accessibility