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Tips to Minimize Tenant Turnover

American Apartment Owners Association

In the competitive world of property management, tenant turnover can be a significant drain on resources and profitability. The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up.

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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. While the last two months have seen some rent increases, overall national year-over-year growth remains negative at -0.4 At the local level, 82 of the nations 100 largest cities saw rents rise in March.

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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. which focuses on protecting tenants rights, landlords rights and property rights. Looking ahead, AI could be used to analyze leases and answer questions like, When is my rent due?

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

Fourandhalf

The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics. Would you rather lose 50 percent of your owners or 50 percent of your tenants? One of the reasons that tenants leave is that they hate the maintenance. So, the hierarchy starts at the investor.

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2025 rental market predictions: 14 property management trends to prepare your business for

Buildium

We’re still seeing the downstream effects of the Fed’s interest rate increases, as well as softening rent growth, cascade through the development sector. (A A similar trend is expected to play out in the build-to-rent sector.) million new households were created throughout 2023—down from 2.3 What else is driving rental demand?

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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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6 must-know industry trends for small property managers

Buildium

However, the pace of growth has slowed since 2023, with a majority of businesses planning to expand their portfolios by 25% or less over the next two years. In 2024, tenant quality emerged as the #1 concern for property management companies. Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%.