Property Management News
Apartment rents slipped for the first time since the Great Recession, signaling a cooling market driven by oversupply. Developers are pulling back—but economists warn the pause won’t last. Richard Lawson explores how and why. The Great Absorption For the first time since the Great Recession, U.S. apartment rents fell during the third quarter, a period typically marked by strong seasonal demand. Average apartment rents across the country dipped .28% in the quarter, slipping into negative territory after anemic rent growth through the year, according to data analytics company RealPage. Rent growth was last negative in the third quarter of 2009. Counter-intuitively, absorption rates have... Read more
Deciding between a long-term and short-term lease agreement is one of the most important choices a landlord can make. Each option comes with its own benefits,...
Tenant renewals have quietly emerged as one of multifamily’s most powerful stabilizers this year, cushioning property income from the weaker pulse of new leasing....
When you begin to explore real estate investing, you will encounter a lot of new terms and formulas. Among the most important of these is the capitalization rate, or...
When you purchase a duplex, triplex, or other investment, there is a crucial question you need to answer: “Should I live on the property?” If this is your...
After more than two years of discussion and debate, the Los Angeles City Council voted Wednesday to significantly lower annual rent increases in most of the city’s apartments. L.A.’s current rent control rules guarantee landlords the right to raise rents at least 3% every year. Increases can be as high as 10% in some apartments during periods of high inflation. But under the reforms passed by 12 of the council’s 15 members, rent increases would be capped at 4% annually, and an additional 2% increase for landlords who cover utilities would be eliminated. The exact rate each year would be equal to 90% of the change in the region’s consumer price index, a government measure of... Read more
KEY TAKEAWAYS In some Atlanta apartment buildings, landlords say as many as 50% of rental applications are fraudulent. Nearly three-quarters of US apartment operators...
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...
Aging apartment buildings may not grab headlines like shiny new developments, but for multifamily investors, they’re often the real hidden goldmine. Across the U.S.,...
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