Property Management News

Using a Home Equity for Home Renovations

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 credit from PNC Bank can be a practical way to finance these projects, especially when expenses are spread out over time. Instead of taking on a fixed loan amount upfront, this approach allows you to access funds as your renovation progresses. Why Renovations Pair Well With Flexible Financing Unlike one-time purchases, home improvement projects often evolve. You may start with a kitchen upgrade and later decide to expand into additional areas of the home. Materials, labor costs, and timelines can shift, making it difficult to... Read more

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...

On an extremely cold afternoon last month, several tenants said they couldn’t shower, flush the toilet or do their laundry. Building managers blamed frozen pipes...

Discover the hidden costs of tenant turnover and learn strategies to reduce vacancies. Complete breakdown of expenses, time investments, and proven retention tactics for...

The Post-Winter Glow-Up

Spring cleaning in a multifamily building is as much about protecting value, reducing liability, and showing residents that their building is well cared for as it is about simply tidying up after months of slush and salt. For managers, this time of year is the perfect opportunity to reset expectations and tackle the maintenance tasks that tend to pile up over the winter. Your exterior is the logical place to start. Winter is tough on façades, parapets, roofs, and windows. Now’s the time to do a visual inspection of exterior walls, sidewalks, and entryways to scan for cracks, loose masonry, damaged railings, and trip hazards. Addressing small issues now can help avoid expensive... Read more

Property owners and managers invest millions in renovations every year—gut rehabs, new amenities, completely refreshed interiors. And for many communities, those...

Every residential lease includes an implied warranty of habitability—even if the lease does not expressly mention it. This legal protection serves two core purposes:...

Chargebacks – when a property charges a resident for causing damage to the property – are becoming increasingly significant in the residential rental...

If you’re considering a renovation, you know how important it is to hire a skilled contractor for the job. But sometimes, unexpected problems arise. Once the paperwork...