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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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Spring Cleaning Property Maintenance Checklist for 2023

Colliers

Spring cleaning is in the air and a perfect time to formulate a practical plan for landscaping, improvements, and HVAC maintenance to make your commercial property the best possible building for potential tenants and buyers. Be prepared!

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6 must-know industry trends for small property managers

Buildium

For the seventh consecutive year, portfolio growth tops the list of third-party property management companies’ priorities, with 91% planning to expand their portfolios over the next two years. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies.

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Residential Housing Market Update for Washington, DC 2023

Nest DC

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. still remains a challenging environment for many prospective tenants in 2023, as high demand and limited affordable options persist.

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Rapidly Rising Rents Squeeze Millions in the Middle Class

American Apartment Owners Association

In early 2023, he moved in with the friend, who is also his landlord, whom he met playing soccer. The friend cut him a deal on rent, Evans also helps out with tasks such as property maintenance. Evans has seen this firsthand: Despite a promotion, he wasn’t able to escape his cost-burdened situation until a friend intervened.

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How DC Multi-family Real Estate Investors Benefit from Hiring Property Management Experts in 2023

Nest DC

Property Maintenance and Repairs What is one of the highest expense areas for multi-family property investors? Maintenance and repair costs. Property managers can help you save money by ensuring your property is properly maintained and repairs are completed promptly.

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Investor’s guide to multifamily real estate syndication

MRI Software

In fact, according to a 2023 study by CBRE , multifamily properties have shown a strong recovery post-pandemic, with investment volumes increasing by 50% year-over-year. This makes multifamily real estate syndication an attractive option for investors looking to tap into the lucrative world of large-scale property investments.