News, views and industry trends
Reducing maintenance costs: Essential tips for multifamily rental property landlords
Reducing maintenance costs is understandably a top priority for multifamily property landlords. Efficient property maintenance not only saves you money but also enhances tenant satisfaction. In fact, studies show that proactive maintenance can reduce…
Lease renewal fees: Evaluating the pros and cons for tenant continuation
Lease renewal fees are a critical factor in multifamily property management, affecting both landlords and tenants. Did you know that renewing a lease with an existing tenant can save up to $1,000 in turnover costs? Understanding lease renewal fees is…
Building a strong multifamily brand identity: Strategic marketing techniques for apartments
In today’s competitive property market, standing out is more crucial than ever. Properties with strong brand identities can see up to 23% higher rental income and 20% faster lease-up rates. This means that multifamily branding not only attracts…
Evaluating renovations: Which upgrades offer the best ROI for multifamily apartments
Multifamily renovations are a powerful tool for increasing property value, attracting quality tenants, and boosting rental income. Understanding which upgrades offer the best return on investment (ROI) is key to making informed choices and optimizing…
Multifamily rental growth and occupancy update August 2024
This report looks at overall occupancy levels and rental growth trends for 12 markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. The first green shoots of market momentum that appeared in June continued to emerge in July.…
Risk management strategies for multifamily property owners
Owning a multifamily property comes with its unique set of challenges and risks. From financial uncertainties to legal obligations and environmental hazards, there are potential pitfalls that could jeopardize your investment. In this guide, we cover …
IoT property management strategies to revolutionize multifamily management
The Internet of Things (IoT) property management is transforming multifamily properties by creating smarter, safer, more connected living spaces. As one of the top multifamily technology trends, IoT enables you to enhance operational efficiency and t…
Technology multifamily tenants can’t live without
Tenants today are looking for more than just a place to live. They want their homes to be smart, connected, and sustainable, and they’re willing to pay for these features. As a landlord or property manager, it’s essential that you meet these multifam…