Property Management News

Friends Wanted to Live Together, So They Built an...

Around a decade ago, Chad Dale watched as some of his friends started to leave Seattle. “They wanted to stay in an urban environment, but the city was too expensive for them to have all the things that they wanted to have,” Dale says. His friends who were beginning to have kids wanted backyards and guest rooms for visiting in-laws; they looked for single-family houses in the suburbs. But Dale, a developer, wondered whether there could be a different solution. What if he and several friends joined together to build their own apartment building—and all lived in the same place? Some friends had already bought a vacation home together on nearby Whidbey Island, and they liked the sense... Read more

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,...

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...

Benefits and Limitations of 1031-Qualified DSTs

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 of his/her rental property, including the loan. A new loan can be difficult for retirees. Their current income often is lower than when they originally took out a loan to purchase their property as a residence. Obtaining an investment loan, as opposed to an owner-occupied loan, may be an underwriting challenge. Taking on new debt also may limit one’s ability to qualify for other loans (e.g., to buy a vacation property or boat). In DST programs7, the acquisition loan typically is in place before the first investors... Read more

Automated and customized payment schedules that allow renters to align their rent payments with their income help gig workers. Apartment operators have frequently used...

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...