Property management software news, views and industry trends
Does landlord insurance cover fire?
Imagine you receive the dreaded phone call that a fire has erupted in one of your rental units. Everyone is safe, but the property has suffered from significant damage. This is the scenario no landlord or property manager ever wants to encounter, yet…
Multifamily rental growth and occupancy update year-end 2023
This analysis looks at overall occupancy levels and rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Occupancy As 2023 ended, the seasonal slowdown continued to drop occupancy levels in a…
Do Rental Properties Need Fire Extinguishers?
Picture this scenario: one of your tenants is cooking dinner when suddenly the pot on the stove bursts into flames. A fire extinguisher is nearby, allowing them to quickly extinguish the fire and avoid any devastating consequences. Having fire exting…
Mistakes to avoid when choosing a multifamily property management software
Multifamily property management software has transformed property management operations. This software enables property managers to streamline daily tasks, effectively manage revenue and expenses, and enhance tenant satisfaction. The key to harnessin…
Multifamily housing trends to expect in 2024
The landscape of multifamily housing is constantly evolving. As we look towards 2024, a few key trends are emerging, driven by changing renter preferences, technological advancements, and societal shifts. For property managers and management companie…
What is multifamily property?
Understanding multifamily properties in today’s real estate market is essential for investors and property managers. For investors, these properties present lucrative opportunities for diversifying portfolios and securing long-term income streams. Pr…
What is multifamily property management and what are the benefits?
For investors, multifamily properties offer a profitable opportunity, however, they come with a unique set of challenges. From ensuring satisfaction for multiple tenants to tracking payments to handling emergency maintenance issues, managing these ty…
Is multifamily considered residential or commercial?
Multifamily properties, encompassing properties from duplexes to apartment complexes, are a unique category in the real estate sector. Multifamily properties are distinct in that they contain multiple, separate living units within a single building o…