Property Management News

The Cost of Poor Property Maintenance

How hiring the wrong team—or ignoring routine care—can drain your profits. Maintaining a multifamily property isn’t just about patching drywall or cleaning between tenants. It’s about protecting your investment. Property maintenance, when done right, preserves value, attracts long-term tenants, and reduces liability. But when it’s done wrong—or worse, ignored—the costs can quickly multiply. Let’s break down the true cost of poor property maintenance and why working with the right team is worth every dollar. The Hidden Costs of Poor Maintenance Deferred maintenance doesn’t just look bad. It is bad—for your building, your budget, and your business. According to Fannie... Read more

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.,...

Most investors know BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. But knowing the acronym and actually building a $10 million multifamily portfolio are two...

Winter is Coming: Take Care of those Multifamily...

Labor Day, the start of meteorological fall and the equinox are firmly in the rear-view mirror. Meanwhile, colder temperatures, ice and snow aren’t too far off in the future. The good news is there’s still time for multifamily owners and operators to “winterize” outdoor amenity areas (think courtyards, swimming pools, rooftop terraces, fire pits and others), while preparing the great indoors for an uptick in residential usage. “Think of it as a seasonal reset,” said Alexandra LaFlam, National Account Executive at WithMe, Inc. Inspect, Clean and Store No matter where a multifamily property is located in the United States, the chances are pretty good that its outdoor features... Read more

Property managers are no strangers to the challenges of turnover, tenant retention, and budget constraints. But one area that often slips under the radar is the...

When Anna Julian happened upon a neglected row home in Baltimore seven years ago, she had no formal construction training—just determination, a willingness to...

The days of Los Angeles landlords telling renters to bring their own fridge will soon be over. Gov. Gavin Newsom signed a law on Monday requiring rental property...

The High Cost of Overlooking Construction Safety Renovations and capital projects can refresh an apartment community. New amenities, smarter layouts, and better curb...