Want to show tenants how you rate as a landlord?
The online landlord rating service CheckYourLandlord.com is now offering landlords the opportunity to show off their low-risk ratings.
The new “Certified Property Verification Seal” from CheckYourLandlord.com provides renters with assurance that a rental property–and its owners have been independently investigated, reducing risks for both tenants and property managers.
As homeowners have been turned into renters due to the housing crisis, the profile of the average U.S. tenant has shifted. Renters today are more likely to be older, have families, and often prefer single family or duplex/triplex Continue reading
The multifamily sector has strong prospects for growth and job creation, according to the National Apartment Association Education Institute (NAAEI).
With a growing number of Americans renting, the demand for property managers is rising rapidly. Investors have been drawn in by the industry’sstrongfundamentals, Continue reading
When a visitor or guest stays in a rental property long enough, it can begin to have a significant impact. Water, sewer and other bills may go up. If the tenants are paying these bills, then rental managers and owners in this situation may not have a problem.
An extra person can add to general wear and tear on a property and its fixtures as well, however, and in many cases utility costs may be included in the rent. Besidesthat,tenants Continue reading
With pent up demand for multifamily why is the construction pipeline slow to respond? Credit underwriting. With a plethora of real estate assets available for sale why is sales volume year-over-year about the same? Credit underwriting. Real estate finance is not for the faint of heart. The credit pipes “frozen” in 2008 continue to un-thaw three years later. And reading demographic trend tea leaves is becoming a tricky business.
With no end in sight to the current credit crisis, multifamily construction is hampered to the Nth degree. Multifamily owners benefit now, yes, with less product in the pipeline and pressure on rents. However, the need persist for more multifamily housing even as economy begs for construction jobs. With the lingering glut of foreclosures and limited consumer demand for new homes, housing starts have few friends.
“Since Continue reading
This is a discussion on selecting door locks for apartment communities. Having this conversation ten years ago our consensus was that early in the 21st century we will all have paperless offices and key-less locks. Guess what; didn’t happen. Is your office paperless? Are your communities key-less? The likelihood is low.
Electronic locks are the future. They provide a myriad of benefits to commercial multifamily property owners. New developments with on-site management must consider the benefits of electronic locks. Then there is everyone else; those with assets new and old that have 100 year-old technology (older really)- the lock and key.
Locks represent the ultimate “weakest link” theory, whereas, the weakest link is always the first to break down. As property manager, it is your Continue reading