Property management software news, views and industry trends
How to winterize a multifamily property
As winter approaches, property managers face the crucial task of preparing their multifamily properties for the challenges that the season brings. Winterizing a multifamily property is not just about keeping the cold at bay. It’s a comprehensiv…
The most common types of multifamily renters
Multifamily properties continue to be a popular choice among various types of multifamily renters. As a property manager, it’s essential to know what type of tenants are attracted to your property and the factors that drive their choices. This will e…
Multifamily rental growth update through November 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 Seasonal slowness is well underway and impacting November occupancy levels i…
Renewal incentives that multifamily property managers should consider
As a multifamily property manager, you understand the significance of tenant retention in the highly competitive rental market. High tenant turnover rates can lead to financial losses, operational challenges, and the need for continuous marketing eff…
How to increase multifamily tenant retention
High tenant turnover rates come with a host of challenges for property managers. Acquiring new tenants can be disruptive and costly, often involving strategic marketing, lead nurturing, tenant screening, and unit viewings or preparation. You also run…
The eviction process for multifamily properties
Evicting a tenant from your multifamily property is a situation that no property manager hopes to face. Circumstances such as non-payment of rent, lease violations, and property damage can make tenant eviction necessary. The complexity of the evictio…
Multifamily rental growth update through October 2023
This analysis looks at current rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Occupancy Seasonal slowness has come into play for October occupancy levels in all metro areas. A drop in t…
Multifamily rental growth update through September 2023
This analysis looks at current rental growth trends for twelve markets across Texas, Arizona, Georgia, Tennessee, North Carolina, and Florida. Occupancy September renewed the slide in occupancy levels in all markets except in San Antonio, where occup…