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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Softening Rental Markets According to the report, apartment growth has stalled. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Yes, many new apartments may become available according to the 2024 rental market predictions. It dropped from 15.3% to just 0.4%.

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Rent Control 101: Understanding the Basics

American Apartment Owners Association

It basically puts constraints on how much control a landlord has over their property, specifically on how much rent they can charge tenants. However, its still important to understand rent control, how it affects the landlord, the tenant and rent increases , as well as its impact on rising rents. Its technically frozen.

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FTC, Colorado Sue Greystar For Deceiving Tenants On Rent Prices

Rental Housing Journal

The Federal Trade Commission and the state of Colorado have sued Greystar, the largest multifamily operator in the United States, for deceiving tenants about monthly rent costs by tacking on numerous mandatory hidden fees on top of advertised prices, according to a release. Greystar advertises its available apartments widely.

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Employee Spotlight – David Rosenfeld, Senior Leasing Agent

Bay Property Management Group

He begins this undertaking by showing tenants the properties and reaching out to potential renters. Then, he guides tenants through each step of the application and leasing process until when the tenant finally moves in. Then, he joined Bay Property Management Group all the way back in 2019.

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Rental Home or Apartment Alterations

Authority Property Management

Updated 1/6/2019 When you rent a home or apartment, you want to put some of your touches on it. True, owners love tenants that take good care of their places, keep the home or apartment clean and tidy and invest in the units, these types of tenants are appreciated. Alterations get a little tricky.

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How to Obtain “Real Estate Professional Status”: A Major Tax-Saving Opportunity

American Apartment Owners Association

On the other hand, activities like communicating with tenants, overseeing contractors, and performing repairs are generally eligible. Since 2019, he has built a diverse portfolio that includes out-of-state rental properties, single-family homes, and large multi-family deals.

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Mitigating Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Practice proactive risk management strategies like robust tenant screening and maintenance plans. Prioritize tenant relationships for enhanced property performance. Implement proactive risk management strategies like robust tenant screening and preventive maintenance. To start, robust tenant screening processes are vital.