Property Management News
Cars and trucks end up going through apartment building walls more often than you think and it is a loss owners do not plan for and then there are floods. Ask an apartment owner to list the risks they worry about and you will hear fire, water, mold and asbestos. Vehicles hitting buildings rarely makes the list. It should. Matthew Steimle, general manager of Kennedy Restoration, and Tysen Bodewig, the company’s marketing director, were interviewed recently on Multifamily Marketwatch about losses that fall outside the standard checklist. Auto impacts happen more than owners expect When we asked how often a vehicle ends up inside an apartment building, Steimle’s answer was that it happens... Read more
With Labor Day in the rear view mirror and the Holiday season just around the corner, it’s time to start thinking about weatherizing our lobbies for the upcoming...
When lightning struck the apartment building at 655 New York Ave. in Brooklyn, it started a blaze that ripped through more than 100 apartments. More than 200...
Heading into the second half of the year, independent rental owners are adjusting their strategies about where they put their money compared to six months ago, opting...
Value-add apartment investors are entering a new phase in which future returns will depend far more on property-level performance than on market-driven valuation...
There’s a familiar internal debate that happens at the worst possible times. Something’s leaking, it’s late, and the question creeps in: Does this really need a call right now? The emergency plumber rate feels steep when you’re half-asleep, staring at a wet floor. But that instinct to wait almost always ignores the damage that’s already spreading. What feels like a money-saving decision tonight could easily turn into a four-figure repair bill by next week. If you’re still hesitating to call the plumber, give this piece a read. Here’s why delaying hurts your wallet more. Water Moves Faster Than You Think Here’s what most people don’t... Read more
With leasing traffic peaking and residents spending more time outside, curb appeal, comfort, and daily upkeep can make or break the experience—turning simple...
Home renovations can improve both the comfort and long-term value of your property, but they often come with unpredictable costs and timelines. A home equity line of...
For apartment owners getting unusual calls from insurance companies about deck inspection reports, the deck inspection conversation isn’t theoretical anymore –...
When most people think of maintenance, they probably think about wrenches, drills and screwdrivers, not cutting-edge digital technologies. But when it comes to...
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