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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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Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

But when we look at the rate of growth that companies expect, we can see that they anticipate a slower pace of revenue growth over the next two years than they did back in 2023. On one hand, companies are anticipating less revenue growth over the next two years than they projected in 2022 and 2023.

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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. Another issue is finding qualified workers, especially in maintenance roles. Theres been a significant labor shortage in the maintenance industry. or What happens if Im late?

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A new phase in property management companies’ portfolio growth? [The Lookout]

Buildium

50% of companies now expect to expand their portfolios on this smaller scalethats up from 44% in 2023. In 2023, we started to see a significant disparity in property managers growth plans versus those of their owner clients. But this year, weve seen an increase in the number of companies who plan to grow by less than 25%.

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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. Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. Offer a range of flexible lease options to cater to diverse resident needs.

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Mortgage Rates in 2025: Will Mortgage Rates Go Down?

Bay Property Management Group

This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high. This is a huge improvement compared to October 2023, when rates hit a historic 23-year high of 8.01%. This marks a sharp improvement from October 2023, when rates peaked at 8.01%, a 23-year high.

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What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

Sublease Market 2025: Increased Competition and Pressure on Rental Rates The increase in sublease availability presents additional opportunities for prospective tenants, thereby heightening competition among property owners, landlords and property managers managing leasing. In San Francisco, the availability rate reached a record 36.3%