Property Management News
After more than two years of discussion and debate, the Los Angeles City Council voted Wednesday to significantly lower annual rent increases in most of the city’s apartments. L.A.’s current rent control rules guarantee landlords the right to raise rents at least 3% every year. Increases can be as high as 10% in some apartments during periods of high inflation. But under the reforms passed by 12 of the council’s 15 members, rent increases would be capped at 4% annually, and an additional 2% increase for landlords who cover utilities would be eliminated. The exact rate each year would be equal to 90% of the change in the region’s consumer price index, a government measure of... Read more
KEY TAKEAWAYS In some Atlanta apartment buildings, landlords say as many as 50% of rental applications are fraudulent. Nearly three-quarters of US apartment operators...
Owning a rental property isn’t just about collecting rent, it’s about protecting a valuable asset. A landlord property inspection gives you the chance to catch...
Student housing maintenance isn’t just about fixing problems when they happen—it’s about staying ahead of them. For property managers of college dorms, university...
Aging apartment buildings may not grab headlines like shiny new developments, but for multifamily investors, they’re often the real hidden goldmine. Across the U.S.,...
One of the first questions investors ask when considering a real estate investment is what kind of returns they can expect for their money. This is a challenging question to answer on a general level since every project is different in the amount of returns it generates and how it generates them (i.e. cash flow vs profit from sale). However, this is certainly a fair and important question to ask when considering jumping in as a passive real estate investor and so today’s article will provide a general idea of the differences of returns seen in the stock market vs. real estate and how this differences can greatly impact the growth of your wealth. Returns in Stock Market The world of... Read more
Most investors know BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat. But knowing the acronym and actually building a $10 million multifamily portfolio are two...
Picture yourself stepping into a building twelve years from now. There’s no sudden flash of technology, no robotic voice greeting you — just a quiet awareness that...
More than 4,000 Minnesota renters are eligible to get money back from a property management company accused of overcharging and stealing security deposits. Attorney...
Property management has always required balancing the needs of landlords and tenants, but in the digital era, technology has simplified many of these interactions. One...
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