Property Management News
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 maintaining a property. But there are some states where—due to anti-landlord legislation, property tax rates, rent-control laws or congested court systems—there is added pressure on landlords, property owners and property managers. TurboTenant, a property-management software company, compiled the 10 worst states in which to be a landlord based on those factors and more. Based on these findings, here are 10 states where owning rental property is harder, riskier, and less profitable. Criteria for Ranking States Anti-landlord... Read more
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...
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 pandemic introduced phrases like “stay-at-home orders” and “social distancing.” As challenging as those times were, some of the adjustments we made ended up reshaping our business for the better. Nearly every aspect of multifamily has examples of these positive pandemic pivots. Here are the three I consider the most significant in the realm of marketing, leasing and how we interact with prospects. 1. We Hit Fast-Forward on Technology Investments While the early days of COVID put many aspects of life on pause, those... Read more
Problems & symptoms of a poor apartment website You’re unable to make frequent updates to your community website. The two most essential pieces of information...
It’s a simple truth that’s becoming impossible to ignore: renting isn’t just a short-term lifestyle choice anymore, it’s a financial strategy (or must) for...
Furnishing a rental unit is one of those behind-the-scenes tasks that can quietly make—or—break your tenant’s first impression. For landlords in Baltimore, the big...
Problems & symptoms of low quality leads The lead-to-lease conversion rate is poor. An essential metric for assessing the performance of your apartment’s...
Accessibility