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6 must-know industry trends for small property managers

Buildium

The same goes for renters—88% of them would like to complete at least some rental processes online, a 17-point increase since 2021. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies.

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Seeing Greene: Is BRRRR Investing About to Get Even Better?

BiggerPockets

But, the great contractor shortage of 2020 and 2021 almost decimated BRRRR investors. […]. BRRRR investing has become one of the most popular real estate investing strategies across the United States.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

The rental market rapidly increased during 2021 and 2022. In 2021, the median age was 44 years. Beware Of These Contractor Scams Tenant Smoke Alarms: Landlord Responsibilities And Rights The post 2024 Annual Rental Housing Report Key Takeaways appeared first on The #1 Resource for Finding Property Management Companies.

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Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

Low Interest Rate Carryover : Many sellers who locked in historically low interest rates in 2020-2021 are holding onto their properties, reducing the number of new listings and further driving up prices. Higher home prices translate to higher mortgage payments, which in turn squeeze potential cash flow.

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Buying A Vacation Rental

Lifty Life

Canmore 2 bed townhome “ Norquay ” purchased in 2021 Left image – furnished Canmore rental purchased in 2020. To do this grab some quotes from contractors, look for costs on MLS listings, and understand the fees of OTA sites. Get quotes from local contractors. Hot tubs cost about $700 to maintain.

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