Property Management News
Ask a property manager what keeps them up at night, and you’ll hear about roofs, boilers, maybe a problem tenant on the third floor. Wiring rarely makes the list. It should. A slow plumbing leak announces itself with a stain on the ceiling. A dying furnace gets your phone ringing by dinnertime. The NFPA’s research on home electrical fires identifies electrical failure and malfunction as leading causes of home structure fires year after year, with damage well over a billion dollars annually. Owners of multifamily buildings sit in an awkward spot with this. You carry the habitability liability, you pay for the emergency repairs, and yet the actual condition of the wiring is... Read more
Here’s a conversation that happens more often than you’d think: “I tried real estate investing five years ago with a single-family rental. It was a...
Your apartment marketing strategy is firing on all cylinders. Eye-catching ads, a professionally designed website, social media engagement, and rising web traffic....
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...
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 managing your finances. This step-by-step guide will walk you through the process of finding your first apartment, from start to finish, ensuring you make smart decisions while sticking to your budget. When Should You Start Looking for an Apartment? One of the most crucial questions is when should you start looking for an apartment? If you’re a college student, it’s best to start your search at least nine months in advance for the next academic year. This allows you to explore various options and secure the best... Read more
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...
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