American Apartment Owners Association

DECEMBER 5, 2024

Petersburg-Tampa, and Nashville especially attractive for investors, Dallas, TX Median home list price: $434,500 Median monthly rent: $1,475 What’s Dallas’ secret weapon? Petersburg, FL Median home list price: $399,999 Median monthly rent: $1,720 Tampa-St. Here’s what makes Dallas, Miami, Houston, St. It’s rapid population growth.

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Buildium

OCTOBER 23, 2024

They’re challenged to grow their revenue in spite of increased costs and flat rent growth in many areas of the U.S. T hough a majority of businesses expect their revenue to increase, they’re anticipating slightly less revenue growth than they did in 2022 and ‘23. What’s causing businesses’ revenue growth expectations to moderate?

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American Apartment Owners Association

NOVEMBER 2, 2022

Location can dictate the cost of certain expenses like property taxes, and if your property is in an area with rent control laws, there could be a limit to how much you can charge tenants. A multi-family property will allow you to collect rent from a number of tenants, while a single-family home would yield just one rent payment a month.

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Propertyware

JANUARY 6, 2022

By: Laurie Mega According to the 2022 State of the Property Management Industry Report , the number of renters living in single-family rentals has risen steadily for the last several years. Owners look to property managers to help them navigate myriad new laws and restrictions, while calming fears of income loss from delinquent rents.

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Authority Property Management

JULY 19, 2024

This general figure provides a solid benchmark for investors to gauge expected tenant retention and plan for future leasing activities. years) 2022: 576 days (about 1.6 Offering benefits such as lease renewal bonuses or gradual rent increases can encourage tenants to stay longer. years) 2021: 699 days (about 1.9

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Tenant Real Estate Property Manager Property Management 78

Propertyware

APRIL 21, 2022

Still need a website that’s clean, easy to use, mobile-friendly and built to maximize lease inquiries? You can also use Zumper to screen prospective residents and collect rent. Property managers can list their apartments for free, are connected to high-quality leads, and only pay if a renter leases through the platform.

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Authority Property Management

SEPTEMBER 12, 2024

Whether you're a property owner looking for peace of mind or a tenant seeking a seamless renting experience, we pride ourselves on being the team that delivers. Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023.

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Property Management Property Manager Management Property 78

MRI Software

JULY 15, 2024

Though it was expected to materialize in March, the “fast leasing season” finally arrived in June. Looking back, rent levels peaked in the middle of 2022. Since then, two routes of downward rent movement have been established. Since then, two routes of downward rent movement have been established.

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Nest DC

OCTOBER 18, 2023

This means not getting attached to doing things the same way every year or always expecting a hefty rent increase. Often, the most important thing to keep your portfolio stable is minimizing vacancy, even if that means offering incentives or negotiating with tenants to keep them on track to renew their leases. Waiving a move-in fee?

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Propertyware

DECEMBER 21, 2021

More than 350 attendees—including property managers, investors, HOA leaders, and sponsors from 46 states and internationally—converged in Boston to network face-to-face, get filled in on the latest industry research, and sharpen their strategies for succeeding in 2022. The biggest and best improvement we made was using the e-lease feature….When

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Property Manager Property Management Lease Management 52

T&H Realty

OCTOBER 21, 2024

This is the lowest DOM we have seen since Q4 of 2022, and a significant turn in the market at large. Properties are being leased faster than we have seen in a while, which translates to fewer vacant days and more consistent income. A word of advice – Q3 is typically one of the best months for leasing in Indianapolis.

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Real Property Management DC Metro

APRIL 4, 2024

Know Your Renter Demographics Excelling as a landlord means comprehending what makes your perfect tenant, aside from just timely rent payments. Renting a single-family dwelling requires realizing that specific rentals and locales appeal to certain kinds of tenants. Thus, adapting your method to fit this understanding is wise.

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MRI Software

FEBRUARY 6, 2024

Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. As 2021 ended, occupancy levels were near all-time highs driven by the spike in leasing activity from the economy reopening after COVID shutdowns. All markets realized lower rent growth through January.

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Rental Housing Journal

DECEMBER 16, 2024

4 Ways AI is being leveraged by multifamily owners and operators to optimize their marketing efforts from leasing to maintenance. Although AI is not new technology, it has gone through a renaissance since ChatGPT popularized it in 2022.

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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% quarter-over-quarter, might signify a market correction due to low demand and a lack of new leasing activity. pre-leased.

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Real Estate Commercial Property Management Commercial Property Lease 52

Real Property Management California Coast

APRIL 5, 2024

Know Your Renter Demographics Success as a landlord requires insight into the ideal tenant’s traits, beyond mere timely rent payments. When leasing a single-family residence, it’s crucial to acknowledge that the rental’s nature and its location tend to attract particular tenants.

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MRI Software

NOVEMBER 6, 2023

A drop in traffic and leases, combined with heavy doses of new supply, established lower occupancy percentages across the board. The additional demand that multifamily lease-ups once enjoyed from home buyers who became renters due to high mortgage rates has faded. Prior to 2022, these classes behaved in a very stable manner.

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MRI Software

JANUARY 5, 2024

As 2021 closed, occupancy levels were near all-time highs driven by the spike in leasing activity with the economic reopening from COVID shutdowns. Move-outs in Classes B, C and D began in 2022 and have continued through much of 2023. Current rent growth The lower occupancy levels discussed above put rent levels under pressure.

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Nest DC

NOVEMBER 3, 2022

Those are because of the limitations outlined in the Eviction Record Sealing Authority and Fairness in Renting Amendment Act of 2022 and the Fair Criminal Record Screening for Housing.These Acts limit the what a property owner can consider and how far back into a resident’s history they can look. Want some more resources?

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MRI Software

OCTOBER 5, 2023

The additional demand that multifamily lease-ups once enjoyed from home buyers who became renters due to high mortgage rates has faded. Prior to 2022, these classes behaved in a very stable manner. Current rent growth Lower occupancy puts rent levels under pressure. Austin’s rent trend at the end of August was -3.4%

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Rent Apartment Lease Landlord 52

Nest DC

OCTOBER 11, 2023

From maintenance and repairs to finding tenants and managing leases, a lot goes into owning and managing a rental property. Setting Clear Lease Expectations Setting clear boundaries with tenants is vital to being a successful homeowner. Have a well-drafted lease agreement that outlines the rules and expectations for tenants.

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MRI Software

DECEMBER 11, 2024

million in 2022. Heres some detail on the biggest benefits: Faster Construction: Modular projects can often be completed in half the time of traditional builds, helping property managers get units leased sooner. When developers spend less on construction, they can pass those savings on to tenants in the form of lower rents.

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Propertyware

NOVEMBER 11, 2021

Focusing on rent and fee collection, marketing to attract tenants, and communication with owners can take the spotlight off the health of your core asset: your business. “At This may also be the month with the highest turnover or lease-renewal rates. For those managers, 2022 may seem like the perfect time to set some aggressive goals.

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Second Nature

DECEMBER 16, 2024

A 2022 survey of 80 metro areas by iPropertyManagement found that the average setup fee was just $185.24. Next, leasing fees are extremely common. Management companies will typically charge a fee for advertising a unit, collecting applications, screening tenants, and signing leases. of one months rent.

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Lula

APRIL 2, 2024

When someone is “renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities,” there are certain legally protected characteristics with which that person might identify, and landlords are expected to honor those protections. Protected Classes Under the Fair Housing Act The U.S.

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Propertyware

DECEMBER 29, 2023

applied for more single-family permits than they have since May 2022. To reduce turnover and retain good tenants, they are stepping up their tenant-experience game by offering better amenities and capping rent increases. One such program is Project-Based Rent Assistance for extremely low-income households.

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