Property Management News
For many renters, pets are family. Yet in the rental housing industry, pet fees, deposits, and pet rent have become standard costs for pet owners. While these charges often are justified as necessary to cover potential damages, the reality is that many housing providers have turned pet fees into a significant revenue stream. This raises an important question: Are pet fees truly about cost recovery, or have they evolved into an unfair financial burden, particularly for lower-income renters? Breaking Down the Math: Pet Fees as a Revenue Stream Revenue from Pet Fees To illustrate the financial impact, let’s consider a hypothetical property management company overseeing 10,000 rental units.... Read more
Remote work, steep mortgage rates and new types of rental properties are fueling demand far from urban downtowns. Renting is taking off in the suburbs as homeownership...
Seniors nowadays are renting more than seniors did years ago: The most recent U.S. Census data reveals that, between 2013 and 2023, the number of renters aged 65 and...
In recent years, multifamily property owners have faced a rising number of lawsuits from “serial plaintiffs” or “testers” alleging noncompliance with the...
It is a landlord’s legal responsibility to keep their properties habitable. If they do not do so, their tenants will not be happy and the property owner can end up in...
If you’ve been house hunting — or even just scrolling through rental listings — you’ve probably come across something called a garden apartment. But what is a garden apartment, exactly? Are they a smart choice for investors? In this article, we’ll explain what a garden apartment really is, why many investors see them as hidden gems, and what challenges to expect. Read below to learn more. Main Takeaways Garden apartments offer a peaceful, green environment in low-rise buildings, typically found in suburban and semi-urban areas where tenants seek affordability and tranquility over high-rise city living. Investors favor garden apartments for their stability and lower maintenance... Read more
Worried you’ll pick the wrong tenant this summer? You’re not alone. With warm weather comes a flood of rental activity, and landlords are rushing to fill vacancies...
Key Takeaways Homeowners unable to sell are increasingly renting out their properties, becoming “accidental landlords” and boosting single-family rental...
Always Start With Caution Several years ago a coaching student burst into my office with what looked like the deal of the decade. He had tied up a forty unit property in...
Generative Engine Optimization (GEO) is already reshaping how renters discover your properties. And if your strategy still revolves around Google keywords and ILS...
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