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Why It’s Never Been Harder to Be a Landlord

American Apartment Owners Association

The role of a landlord has always come with its challenges, but as we move into 2025, it has arguably never been more difficult. A combination of high insurance costs, razor-thin margins, and outdated business models are pushing many landlords to the brink, forcing them to reevaluate their strategies.

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6 must-know industry trends for small property managers

Buildium

Buildium’s identity verification and fake reference detection features are powered by TransUnion®, one of the three accepted nationwide providers of credit reports , so you can gain peace of mind knowing that previous landlords reported by applicants aren’t fraudulent.

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What to Do When There’s a Leak in Your Park Ridge Rental Home

Real Property Management Chicago

Report the issue to your landlord After controlling the water flow, you should call your landlord right away. Your landlord should be informed of what happened and what you’ve done to fix the problem. By calling your landlord, you can coordinate to get the leak repaired and address any other damage in the home.

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Winterization Checklist for Multifamily Apartments

American Apartment Owners Association

Data from the Insurance Information Institute shows that winter storms caused a record $15 billion in insured losses in 2021 alone. Preventive Maintenance Before the season arrives, remember to service your boilers and furnaces. Investing a small amount in maintenance now can save you from costly repairs later.

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Tenant default insurance for landlords: Safeguarding your rental income

MRI Software

were behind on their rent payments in 2021? This is especially true when you rely on that income to cover mortgages, maintenance, and other expenses. Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Did you know that around 15% of renter households in the U.S.

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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. Property owners must reinvest in repairs and maintenance costs to keep them in good condition. The 2024 America’s Rental Housing Report has several notable trends and key takeaways. It dropped from 15.3% to just 0.4%.

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Is Renting Smarter Than Buying Your Home?

Real Property Management DC Metro

Normally, tenants do not have to pay for maintenance and repairs, property taxes, or come up with a down payment to buy a house. To maximize your rental property’s potential, landlords and property owners should: Update and upgrade regularly. These include: No additional costs. Offer attractive terms.

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