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6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies. This comes as U.S.

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Tenant Retention 101: Essential Tips for Property Managers

BetterWho

The cost of finding a new tenant, additional maintenance, marketing the property, etc., According to the NARPM financial performance guide , the best property management companies had a churn rate of 9.6% in 2022, which is much better than the average of 19.5%. means that keeping your tenants happy is very important.

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Residential Housing Market Update for Washington, DC 2023

Nest DC

High interest rates also mean that people who want to sell are reconsidering due to the “golden handcuffs” of the low interest rates they secured prior to 2022. Speak with a property manager to assess the unique trends in your specific DC neighborhood. Holding an asset to build equity may be the best option for many.

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Black History Month 2022: Championing Housing Justice

Nest DC

CASH was a driving force in holding landlords accountable for improving their property maintenance and creating new housing projects all while including the issue of homeownership in the conversation. This experience inspired her to form a community, women-led group: Citizens Against Slum Housing (CASH).

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