Property Management News
Step inside a newly built apartment complex in almost any American city and you’re likely to find people congregating in an unexpected place. They’re not in the pool or the game rooms or the gym. The people are gathering in the mailroom. Through an unusual collision of building codes, postal regulations, shopping habits, and a global pandemic, mailrooms have become a new kind of social space in apartment buildings. And designers are finding new ways of taking what has long been a utilitarian peripheral space and turning it into a central square where residents can dwell and interact. Julia Lauve is an interior designer in Dallas and her firm Workshop Studio designed the mailroom... Read more
If you’ve been investing or even purchasing a primary home in the last couple of years, you’ve probably heard this line: “Sorry, that property’s already under...
These days, adults moving into apartments are rarely alone. They might come with a partner or children, and many might also bring a four-legged feline or canine...
As a real estate investor, capitalizing on spring and warmer months is key. When looking into real estate deals, understanding when “spring” and the market peaks in...
May-August are common times for people to relocate, making it a busy season for landlords and property managers. As peak rental season gets into full swing, a little...
Ever wonder if there’s a quick way to get a feel for whether the asking price or future value for a multifamily property is in line with its competitors? Knowing the price per unit can save you a ton of money and time. It allows you to analyze pricing and value quickly without getting lost in the large dollar figures that come with multifamily apartment investing. Key Takeaways Price per unit helps compare product values across different sizes or quantities Calculating price per unit is simple: total price divided by number of units Using a calculator can streamline the process for quick decision-making How to Determine Price Per Unit? To... Read more
This guide will walk you through the essential steps and proven strategies on how to find underpriced properties for Airbnb to ensure you’re well-equipped to...
In multifamily real estate, value is largely determined by Net Operating Income (NOI)—the income a property generates after expenses but before debt service. The...
Byron Sellers had wanted to get into real estate investing for years, but the deals he came across were always prohibitively expensive. One day in 2017, he was listening...
So, you’re toying with the idea of buying a duplex. It’s like hitting two birds with one stone. That is, you get a place to live and an extra unit that could bring...
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