2022 Property Maintenance Rent 
Fourandhalf
JANUARY 22, 2025
Also, maintenance costs are growing 8 percent year over year. No one wants to turn a property when maintenance costs are higher and rents are holding or even compressing. When youre driving investor retention, a property manager needs to look at resident retention and annual maintenance spend per unit.
Buildium
OCTOBER 28, 2024
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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BetterWho
SEPTEMBER 21, 2024
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% No more scattered calls or emails.
Nest DC
MAY 17, 2023
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. Initiatives such as inclusionary zoning, rent control policies, and public-private partnerships have been implemented to address the need for more reasonably priced rentals.
Nest DC
OCTOBER 11, 2023
Consider factors such as income, assets, credit history, and rental history while being mindful of limitations set by acts such as the Eviction Record Sealing Authority and Fairness in Renting Amendment Act of 2022 and the Fair Criminal Record Screening for Housing Act. Don’t make exceptions to your process once you’ve finalized it.
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