Property Management News
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The number of homeowner households rose 0.8% to 86.9 million—a growth rate that’s little changed from recent quarters. That marks the first time in over a year that the number of renter and homeowner households are increasing at the same rate. Prior to this, the number of renter households had been growing faster for four-straight quarters. Home prices are more than 40% above pre-pandemic levels, while rent prices are... Read more
Renting your first apartment is a thrilling milestone that marks your entry into adulthood. However, it’s also a major responsibility, particularly when it comes to...
In recent years, apartment amenities have been extravagant and elaborate. Luxury properties, specifically, have seen a rise in features ranging from screening rooms to...
A property manager has the authority to evict a tenant from the property. Tenant eviction is a legal process that the property manager can initiate if the tenant...
This article is a continuation from RENT Magazine issue Q3’23. Built-in Financing To conduct a complete §1031 exchange, a taxpayer must replace the entire value...
Automated and customized payment schedules that allow renters to align their rent payments with their income help gig workers. Apartment operators have frequently used the phrase “meeting renters where they’re at” over the past few years. For the most part, they’ve been referring to leasing, touring, marketing, and resident communications. The industry has made notable strides to better accommodate modern renters while streamlining the leasing journey and sales process. However, there are some areas throughout the entire resident lifecycle where operators can cater to residents and reap more benefits. One area that can significantly impact NOI and the asset value is the collections... Read more
By Amanda Han, Author of The Book on Tax Strategies for the Savvy Real Estate Investor Many investors from across the nation are currently sitting on highly...
Are You Transforming Energy Conservation Into Multifamily Savings? Livable strives to promote conservation through billing and education. Our team is dedicated to...
Complaints can arise from the way you advertise, show units, apply occupancy standards, and enforce community rules. In this month’s lesson, the Coach looks at fair...
In the not-so-distant past, landlords had to collect rent through mail or cash. It was a risky endeavor because things get lost in the mail, cash makes you vulnerable to...
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