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Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics.

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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

You’re not only looking at lost rent for every month your property is empty. 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% Or is maintenance due?

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Self-Managing vs. Property Management: Which is Right for Your DC Rental Property?

Nest DC

Rental properties are a great way to earn cash flow, but are not without challenges. From maintenance and repairs to finding tenants and managing leases, a lot goes into owning and managing a rental property. If you have the time and the motivation, managing your own rental property may be something you want to take on.

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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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