Stop Rent Price Erosion If you're staying up to date on the latest news on rent prices across the US, you might see the rate of growth has plummeted. And now rent prices are actually falling, especially in the southern half of the US. In the North and Midwest, they're staying fairly level, mostly due…
Property Management in the US As we enter 2024, a new set of demand and supply factors will color the property management industry landscape. Each area of property management including single-family, apartment, multifamily, associations, retail and commercial sectors has unique demand profiles. And rental owners will face mounting pressures from regulatory, political, residents and financial…
How to Adapt to Lower Rents and Rising Vacancies 2023 was another great year for landlords. Rent prices were stable and in many regions rose. Of late however, the trending news story in the property management and real estate space is falling rent prices. And since your operations costs remain high and your own mortgage…
Bolstering your Property Management Brand According to surveys, 70% to 75% renters do look for reviews of a landlord or property on Google or Bing. When they do, they get an eyeful of bad comments and claims. Just check Google News for landlords, property managers, or HOAs, and the reports are unbelievably negative. It could…
Late Fees: What Should a Landlord Charge? It's inevitable, perhaps in 2024, that some of your tenants will be late paying their monthly rent. Across the US, quite a few renters are behind on their rent payments. "8,070,524 people ages 18 or older in the U.S. aren’t caught up on rent payments. Put another way,…
How to Stage Your Rental Property Research shows that staging a home for sale does work to raise perceived value and selling prices. But does it work for raising asking rents and tenant leads? One key point to make about attracting good renters, is that images of an empty rental unit don't create warm and…
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