American Apartment Owners Association

DECEMBER 16, 2024

The costs associated with vacant units, marketing to new tenants, and preparing properties for new occupants can quickly add up. Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Let’s explore actionable tips to minimize tenant turnover and boost your retention rates.

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Tenant Property Manager Property Management Lease 246

Rental Choice

MARCH 5, 2024

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. This slowing demand has stabilized the rental market after 18 months of turbulence. million) spent over 30% of their income on utilities and rent.

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Apartment Rent Rental Unit Property Manager 130

Rentals United

AUGUST 19, 2024

By utilizing Request to Book, property managers can also double-check property availability and coordinate with property owners before confirming a booking. With this feature, you can now confidently utilize Booking.com, as well as Airbnb, Vrbo, and others, to reach a broader audience while maintaining your standards. Book a demo!

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IT Rental Unit Property Airbnb 52

Rental Housing Journal

JANUARY 5, 2025

billion in 2023. The White House cited RealPage as the primary provider of rental-pricing algorithms. The report said, We find that anticompetitive pricing costs renters in algorithm-utilizing buildings an average of $70 a month. In total, we estimate the costs to renters in 2023 was $3.8

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Rent Apartment Landlord Utilities 52