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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

His term as president ended in 2023, but hes been involved with the association in one way or another for his entire career in real estate. By the time we sold, we were managing over 4,000 single family homes and apartment units, plus 17,000 doors for HOAs. What truly sets our designations apart, though, is the emphasis on engagement.

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Rents Rise Slightly For Second Month In A Row

Rental Housing Journal

March saw national rents rise slightly for the second month in a row, according to Apartment Lists April report. Year-over-year rent growth has now been negative since June 2023, but in recent months, there are signs that a return to positive growth is on the horizon. percent), Apartment List researchers write.

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Justice Department Sues 6 Large Landlords

Rental Housing Journal

The Justice Department, together with 10 state co-plaintiffs, has filed an amended complaint in its antitrust lawsuit against RealPage to sue six of the nations largest landlords for participating in algorithmic pricing schemes that harmed renters, according to a release. billion in 2023. Read the full news release here.

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Tips to Minimize Tenant Turnover

American Apartment Owners Association

Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. For property management companies and landlords, focusing on tenant retention is not just a smart business move it’s essential for long-term success.

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Meet the Experts: AAOA Rental Housing Conference 2024 Speaker Lineup

American Apartment Owners Association

These professionals bring real-world experience and innovative solutions to the challenges landlords face, from tax-saving strategies to managing emotional support animal (ESA) requests and tackling the insurance crisis. Lets dive deeper into the speakers and their unique insights for this years sessions. Lauren Lieb Sr. Tracey Merrell, Esq.,

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Softening Rental Markets According to the report, apartment growth has stalled. 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. The rental market rapidly increased during 2021 and 2022.

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Why 2023 Will Be One of The Best Years Ever to Invest in Multifamily

BiggerPockets

Investing in apartment buildings may seem like a big jump to everyday real estate investors. Mom and pop landlords—used to buying single-family houses or duplexes—may see apartment buildings as far […].