Property Management News
Motorhomes have been the embodiment of freedom and adventure for a long time, whereby one can travel around without any limitations typical with regular vacations. For landlords and property managers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. You can offer an immersive experience, pairing comfort and mobility instead of just providing a static place to stay. Whether families want to create a memorable road trip or couples want to have off-grid escapes, motorhomes are another twist on the traditional vacation rental model. Why Add Motorhomes to Your Rental Portfolio In a highly competitive hospitality market, differentiation will be the name... Read more
Let’s be real: the real estate industry isn’t bracing for a downturn — it’s already in one. Rising operational costs, soaring interest rates, and shrinking...
In 2024, the industry stabilized as elevated resident experiences, a focus on community, and eco-friendly practices shaped the multifamily landscape. In the new year,...
In the not-too-distant past, multifamily resident communications were largely transactional. “They focused on the application, move-in details, when rent was due, when...
In 2023, multifamily investment volume sank from the weight of 11 interest rate increases between March of 2022 and July of 2023. Now it seems that a vibrant market is...
In today’s financial landscape, a good credit score is more important than ever. It can influence everything from loan approvals to interest rates and even job opportunities. Traditionally, credit scores have been built through credit card usage, loan repayments, and other forms of debt. However, a new player is emerging in the credit-building arena: positive rent reporting. What is Positive Rent Reporting? Positive rent reporting is the practice of submitting renters’ monthly on-time payments to credit bureaus. This information is then included in the calculation of a consumer’s credit score. Unlike traditional methods of building credit, which often require taking on debt,... Read more
You may think improving your apartment building’s exterior is a daunting task. However, with a few simple and cost-effective strategies, you can make a big difference...
National REITs like Avalon Bay Communities and local investor-operators have completed many ADU projects, are pleased with the results, and plan to keep building...
Though many of your apartment community’s units may have similar layouts, rooms, and square footage, each has unique qualities. Those unique qualities are called...
It’s a rare but awful occurrence: someone passing by a multistory building, minding their business as they go about their day, is struck by something—a brick, a...
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