Property Management News
The Onsite Application “Special & Close Have you ever heard this from a rental prospect? “This apartment is perfect! I have to get right back to work, but I will absolutely do the application online tonight!” And then what happens? You get ghosted. The prospect disappears into thin air and stops returning your calls. How does a “hot” prospect go completely cold? Industry data tracks this exact phenomenon, and the reality is brutal: over 93% of leads ultimately go cold if they leave the property without committing to a next step. When a prospect walks out your door, they enter a statistical graveyard. They get distracted by life, they get hit with... Read more
You own your home outright or have significant equity. You’re relocating. Not selling. Natural question: “Why not just rent it out?” Sounds...
U.S. rents are rising more quickly and fewer apartments are sitting empty, but elevated concessions show that many landlords have not yet regained meaningful...
The typical U.S. asking rent rose to $1,965 in June, up 2.2% annually, according to the Zillow Observed Rent Index. 39.7% of rentals on Zillow offered a concession in...
Owning a home has long been part of the American Dream. But in the country’s 250th year, many Americans feel the goal, a milestone of adulthood and a marker of...
Tenants push for tougher rules against unfair add-on charges. Industry players argue against policies that they say could limit the ‘effective use of fees.’ Across the US, many renters are calling for national action to stem add-on charges that increase their housing costs and increase their risk of eviction. “The rental housing market is one where consumers have little power,” Farah Momin, a renter in Seattle, told the Federal Trade Commission (FTC) in April. “Landlords can impose fees through take-it-or-leave-it lease terms, and the cost/disruption of moving means that tenants may absorb unfair charges rather than leave. Federal baseline protections are needed to level this... Read more
Deciding which amenities to include in modern apartment buildings continues to grow in importance for multifamily developers and owners. Amenities essentially elevate...
A stronger-than-usual spring leasing season has given the U.S. single-family rental market a boost, although annual rent growth remained well below last...
In Nashville, Tenn., the landlords come to you. At least, it looked that way from the texts showing up on Mason Comans’ phone a few months ago when he was...
Smart apartment owners and operators are pouring money into marketing, but too often they are chasing noise instead of net operating income. At this year’s...
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