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Finding the Perfect Multifamily Property

American Apartment Owners Association

Consult with a real estate agent Find a realtor who specializes in the acquisition and disposition of multifamily assets in your target area. These factors can affect a propertys value and its appeal to tenants. That means that if one tenant moves out, you will still receive income from the other tenants.

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5 Creative Ways to Get Bad Tenants Out

American Apartment Owners Association

In property management, landlords often face the challenge of managing difficult tenants who refuse to leave. Each tenant situation is unique, and exploring strategies that have worked for other landlords can provide valuable insights. Offer a Financial Incentive At times, a tenant may need to vacate for various reasons.

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Meet Azilee Burt, Yardi Solutions Consultant In Affordable Housing

Yardi Breeze

I now work as a solutions consultant in the affordable housing sales department. The only exposure I had to affordable housing compliance was a bonded property that required things like income tracking for residents, but it was nothing as complicated as affordable housing can be. Affordable housing compliance can be complicated.

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AI and Remote Hiring for Property Managers

BetterWho

Property managers and property management companies spend countless hours on administrative tasks, tenant communications, and maintenance coordination. Slow tenant response times leading to lower satisfaction. Impact: Faster response times, improved tenant satisfaction, and reduced workload for property managers.

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Minimizing Investment Risks in Multifamily Real Estate

American Apartment Owners Association

Implementproactive maintenancestrategies and legal compliance measures to control costs and legal liabilities. Implement effective tenant screening processes. Ensure legal compliance to mitigate risks. Another important element of due diligence is evaluating theproperty’s maintenance and legal compliance.

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The Mistakes Property Managers Make When Hiring a BDM

BetterWho

They should focus on building relationships, closing deals, and growing your property management business not handling operations, leasing, or tenant relations. The property management industry has unique legal requirements, compliance rules, and market dynamics. Expecting a BDM to Do Everything A BDM is not a catch-all role.

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Understanding a Rent Increase Notice and the Importance of Compliance

American Apartment Owners Association

A rent increase is a consistent responsibility for every landlord, but there are reasons beyond rent regulations and compliance to understand the process and reasons behind it. Keep reading and explore our guide to rent increase notices, compliance and more. Ready to get started? What causes rent to increase? The answer is yes and no.