Rental Choice

MARCH 5, 2024

The rental market rapidly increased during 2021 and 2022. However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. It dropped from 15.3%

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BiggerPockets

FEBRUARY 18, 2021

An optimized rental price is a critical factor in property management. How do you effectively manage your property or your property management team to achieve the best outcome? Here are five easy, efficient ways.

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MRI Software

DECEMBER 12, 2024

were behind on their rent payments in 2021? A missed rent payment can create a domino effect of financial challenges. Without a plan in place, landlords can quickly find themselves scrambling to fill financial gaps. Tenant default insurance is a financial safety net for landlords when tenants fail to pay rent.

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Real Property Management California Coast

SEPTEMBER 28, 2024

This is simply because now more than ever, many people are making up their minds to rent over buying a home, generally because it better fits their personal or financial situation. To benefit from the number of renters in the market right now, it’s really important to determine why so many people find it wiser to rent instead of buy.

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Real Property Management DC Metro

JUNE 25, 2024

Most often, the security deposit is set at about one month’s rent, including additional deposits for cleaning or pets. To stay competitive, research the security deposit amounts charged by other landlords in your area. By understanding and adhering to these guidelines, you will be a fair and responsible landlord.

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American Apartment Owners Association

AUGUST 30, 2024

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 Tasks like tour scheduling, applicant vetting, lease renewals, rent collection, and maintenance requests are prime candidates for automation.

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MRI Software

FEBRUARY 6, 2024

As supply surges, demand or job growth is settling, dropping from the historic highs recorded during the economic reopening in 2021. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. from the highs of 2021 to the most current reading of 89.0%. in January 2024.

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MRI Software

MARCH 5, 2024

As supply surges, demand or job growth is settling, moving lower from the historic highs recorded during the economic reopening in 2021. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. percentage points from the highs of 2021 to the most current reading of 90.6%.

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MRI Software

APRIL 3, 2024

As supply surges, demand or job growth is settling, moving lower from the historic highs recorded during the economic reopening in 2021. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. percentage points from the highs of 2021 to the most current reading of 89.6%.

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MRI Software

DECEMBER 6, 2023

from the highs of 2021 to the most current reading of 89.1%. The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90%, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market’ and concessions prevail. off-market to -6.7%.

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Mashvisor

MAY 30, 2021

While many property sellers, buyers, and real estate professionals act professionally and keep the law for the most part, illegal real estate practices still occur every day. As a real…

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Florida Property Management

JUNE 11, 2021

High Rents and Stable Tenant Pools The increase in rental values has not been as high as in past years, but given the economic uncertainty the pandemic brought to other rental markets across the country, we’re pretty satisfied that rents still managed to go up one or two percent in Weston over 2020 and into 2021.

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MRI Software

NOVEMBER 6, 2023

percentage points from the highs of 2021 to the most current reading of 90.5%. The yellow highlights draw your attention to those markets whose overall average occupancy dropped below 90% in October, a threshold known as the point where a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’

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Florida Property Management

APRIL 16, 2021

One-bedroom apartments start at around $1,500 a month, and the average rent is over $2,000 in Boca Raton. With eviction moratoriums causing problems for landlords who can’t collect rent, the Boca Raton rental market has not been terribly affected. While rental prices have not jumped too high, they have been stable.

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MRI Software

JANUARY 5, 2024

The table in Figure A compares occupancy levels at the end of 2021 to those at the end of 2023. As 2021 closed, occupancy levels were near all-time highs driven by the spike in leasing activity with the economic reopening from COVID shutdowns. from the highs of 2021 to the most current reading of 89.0%.

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Florida Property Management

MAY 28, 2021

However, the COVID-19 pandemic continues to change the way we do business, and there’s a moratorium on evictions for nonpayment of rent. The Federal Centers for Disease Control and Prevention (CDC) has released a federal eviction order that has been extended through June 30th, 2021. This does not mean that a tenant’s rent is forgiven.

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MRI Software

OCTOBER 5, 2023

percentage points from the highs of 2021 to the most current reading of 91.2% The yellow highlights draw attention to those metros with an average occupancy dropping below 90%, a threshold that has historically been the point at which a market transitions from a ‘Landlord Market’ to a ‘Renter Market.’ at the end of September 2023.

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Real Property Management DC Metro

OCTOBER 20, 2023

However, if you rent, the amount of your security deposit you receive back may be considerably impacted by the décor decisions you make. Typically, your lease specifies which alterations are permitted and which require permission from your landlord. It’s crucial to remember that there must be enough damage to warrant repairs.

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Real Property Management California Coast

OCTOBER 20, 2023

Usually, the terms of your lease agreement specify what modifications you may make without the landlord’s consent. Causing Damage to the Property Due to damage from renters’ decorating decisions, landlords frequently take money out of security deposits. The lines between what is permitted and what is not must be understood.

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Schofields Insurance

JUNE 28, 2024

The 2021 census revealed that around 70,000 addresses were used as holiday homes across England and Wales. In Coniston, in the Lake District, average house prices are £608,222 but average annual earnings across South Lakeland were £26,193 in the year to September 2021, ONS figures show. What’s being done to tackle second homes?

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Rental Housing Journal

NOVEMBER 17, 2024

There has been a 45% increase in $1,000,000 umbrella insurance claims opened in 2032 compared to 2021, according to insurance provider USAA. UMBRELLA vs EXCESS LIABILITY COVERAGE: A true umbrella will provide coverage for a wide range of exposures, such as worldwide coverage or coverage for a rented boat or ATV.

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Real Property Management California Coast

FEBRUARY 3, 2023

If you can increase demand for your property, you can charge a bit more for rent and straight away recover anything paid to have the locks re-keyed. Alternatives to Re-Keying Today’s landlords are always trying to find other solutions to help guarantee their property’s and renter’s safety. DIY or Hire a Pro?

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Real Property Management DC Metro

FEBRUARY 3, 2023

If you can increase demand for your property, you can charge a bit more for rent and swiftly recover anything paid to have the locks re-keyed. Alternatives to Re-Keying Today’s landlords are looking for other solutions to help make certain of their property’s and renter’s safety. DIY or Hire a Pro?

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Authority Property Management

FEBRUARY 6, 2016

Updated 8/6/2021 We have witnessed a massive spike in Craiglist’s housing scams in Shasta County in the past sixty days. The story will often involve injury, death in the family, or the owner is a missionary and can't return home to handle getting the home rented. Redding, CA. We have been made aware of four in the past two weeks.

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Esquire Property Management Group

NOVEMBER 30, 2023

Despite a 90 basis points increase in the overall vacancy rate to 12.5%, average asking rents remained surprisingly near historic highs at $5.37 The slight decrease in asking rents, down 0.9% Year-over-year asking rents rose by 7.5% Net absorption remained negative at 661,075 square feet, the lowest since mid-2021.

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MRI Software

DECEMBER 11, 2024

million homes in 2021 to 4.5 For multifamily property managers and landlords, this growing demand is paired with the challenges of high construction costs and long project timelines. When developers spend less on construction, they can pass those savings on to tenants in the form of lower rents. million in 2022.

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Lula

APRIL 2, 2024

One of the costliest hits a landlord can take to their business is a fair housing complaint, even if the complaint is unsuccessful, and the price paid isn’t just a financial one. You should be cautious during this phase, especially in regards to tenant screening, a process that can trip up even the most well-meaning landlord.

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Florida Property Management

AUGUST 27, 2021

Supreme Court Ruling August 27 2021 The U.S.

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Authority Property Management

JULY 8, 2022

In such an unprecedented time, what bearing could this possibly have on property managers and landlords? This present reality leaves property managers with very few options, they will either have to increase rent prices, cut down on services and amenities or delay non-essential work.

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