Property Management News
Utility costs in multifamily properties continue to rise, making it increasingly important for property owners to find ways to manage expenses effectively. At the same time, tenants want a fair billing system where they only pay for the utilities they actually use. Submetering provides a practical solution by tracking individual unit consumption, helping to control costs and encourage responsible usage. This guide will explain how to submeter in a multifamily property, outlining its benefits for both property owners and tenants and detailing the steps to implement it effectively. You’ll also learn about legal considerations, best practices for fair billing, and how software simplifies... Read more
Whether you own one or multiple rental properties, a power of attorney is a key component in your estate planning portfolio. Power of Attorney in General A Power of...
The lease is ending, and it’s time for both landlord and tenant to assess the space, checking for damage, worn-out features, and anything that might affect the...
In the 10 worst states to be a landlord, it can be tough between taxes, tenants who don’t live up to their lease agreements, maintenance woes, and the cost of...
Unit turnovers are a reality of rental property ownership—but that doesn’t mean they have to blow your budget. Whether you’re managing a single rental or a growing...
Apartment management demands a careful balance of tenant satisfaction, building upkeep, financial control, and regulatory compliance. Apartment managers that want to stay profitable have to pick and choose their investments carefully and couple them with strategies that make the most out of their team’s resources. Whether you manage a 12-unit building or a portfolio across multiple zip codes, that’s a tall order. Luckily, the same principles apply: keep units occupied, tenants engaged, operations running efficiently, and finances under control. This guide covers what you need to know about leasing, communication, maintenance, budgeting, staffing, compliance, technology, and growth... Read more
You’ve got units to fill, budgets to balance, and leads that ghost more than your last situationship. Sound familiar? Marketing your apartment community...
If you’re asking yourself, “Should I hire a property management company?”—you’re not alone. Many landlords, especially those who own multi-family units or...
Managing short-term rental properties can be as rewarding as it is challenging. Whether you’re hosting one cozy Airbnb or juggling multiple listings, the ability to...
Looking at the multifamily industry today, it’s easy to forget that many of our current best practices were born of necessity five years ago, when the COVID-19...
Accessibility