News

Warm up Without Wasting Electricity

Warm up Without Wasting Electricity

Posted on 27. Jan, 2016 by .

0

El Nino is starting off strong and shows no signs of stopping. With the cost of electricity it is always helpful to find some tips about heating and staying warm in the winter. This article from Trulia reviews 7 ways that you can keep your apartments heated without having to use electricity–valuable tips to share […]

Continue Reading

Now that We’ve Moved into 2016, Let’s Review 2015

Now that We’ve Moved into 2016, Let’s Review 2015

Posted on 27. Jan, 2016 by .

0

Every year there are trends to follow and take notice of. In 2015, certain markets outperformed others for a number of reasons. This Axiometrics article discusses which cities soared past the rest and why they were able to. From east coast to west coast certain cities apartment markets had three things in common.  Read more […]

Continue Reading

Top 10 Emerging Trends in Apartment Rental Process

Top 10 Emerging Trends in Apartment Rental Process

Posted on 19. Jan, 2016 by .

0

A recent research report from J Turner Research, which represents 25,099 residents living in more than 500 properties nationwide, shares some interesting trends in the apartment rental process. But one thing is clear: the importance of reviews and ratings in making decisions is a major trend. Read more of the top 10 emerging trends from Multi-Housing […]

Continue Reading

The Power of Mobile

The Power of Mobile

Posted on 14. Jan, 2016 by .

0

Worldwide, the use of smartphone apps has significantly increased in the past year. Most people find ease in using apps to do a multitude of day-to-day activities. The amount of information accessed from desktops, and the time it takes to access, has decreased as people have made the switch to smartphones and tablets. Find out […]

Continue Reading

Apartment Market Sees Record High Year-End Rent Growth

Apartment Market Sees Record High Year-End Rent Growth

Posted on 07. Jan, 2016 by .

0

According to year-end stats from Axiometrics, the leader in apartment market and student housing research and analysis, 2015 ended with the highest year-end rent growth on record since 2005. Also in 2015, Portland apartments replaced Oakland as the market with the highest annual effective rent growth among Axiometrics’ top 50 markets in the third and […]

Continue Reading

2016 Rental Market Trends and Predictions

2016 Rental Market Trends and Predictions

Posted on 29. Dec, 2015 by .

0

The biggest trend for the rental housing market in the new year is a continued increase in demand. More Americans are choosing to rent than buy homes, namely single millennials not tied down by family to empty-nesters downsizing their longtime family homes. Investors and property management companies need to prepare for an influx of renters […]

Continue Reading

Tips for Attracting Millennial Renters

Tips for Attracting Millennial Renters

Posted on 09. Dec, 2015 by .

0

Millennials make up a huge population of renters and homebuyers in today’s market, so it makes sense to target advertising and captivate this young audience. Certain tactics can be utilized to maximize your millennial rentability. By integrating elements of social media, like hashtags, you may be one step closer to snagging the millennial renter of […]

Continue Reading

Apartment Amenities that Come at a Cost

Apartment Amenities that Come at a Cost

Posted on 01. Dec, 2015 by .

0

Lush amenities may make for the “perfect” apartment, but over time those luxurious extras may be more of a burden than a blessing. Think of it this way: if an amenity requires more time for upkeep than time spent enjoying it, is it really worth it? Take a swimming pool, for example. It gets used […]

Continue Reading

Proper Investigation Process Is a Must

Proper Investigation Process Is a Must

Posted on 24. Nov, 2015 by .

1

Property owners and managers are no strangers to filing insurance claims. However, without proper investigation, they may be held legally responsible for the incidents that they report. There are certain precautions that should be taken when filing insurance claims, specifically having a formal process for documenting and reporting the incident. Photographs, personal statements, and security […]

Continue Reading

5 Ways to Make Your Properties More Energy Efficient

5 Ways to Make Your Properties More Energy Efficient

Posted on 24. Nov, 2015 by .

0

Improving your carbon footprint will not only help preserve natural resources, it will save you money, too. By updating old windows, preventing air leakage, and making energy-saving swaps, you will use less energy and save on your monthly bills. It also doesn’t hurt to schedule an energy audit with a HVAC company, especially if your […]

Continue Reading

Apartment Industry Trends and Predictions

Apartment Industry Trends and Predictions

Posted on 18. Nov, 2015 by .

1

In this video interview from Multifamily Executive, Andrew Kadish, President at CAPREIT, and Ray Barrows, COO at Waypoint Residential, explain current industry trends as well as predictions for the near future. Kadish suggests that despite increased competition, investors will continue to pursue the wealth to be made in real estate and multifamily apartment communities. Barrows […]

Continue Reading

Cities with Best Apartment Rent Values

Cities with Best Apartment Rent Values

Posted on 18. Nov, 2015 by .

0

The rental market is booming; occupancy rates are high, rent-growth is steady, and there’s no sign of it stopping anytime soon. This is good news for investors, but not great for renters. There are new buildings being constructed, but elevated apartment demands, high occupancy, and raised rents are still big issues for today’s renter. Which […]

Continue Reading

4 Crucial Steps When Screening Applicants

4 Crucial Steps When Screening Applicants

Posted on 18. Nov, 2015 by .

1

For landlords, there’s nothing worse than having to evict a troublesome tenant. The screening process is an essential safeguard from the tenant of your nightmares. An applicant may seem to be an upright citizen, but don’t let appearances fool you. Be sure to ask the same questions and verify specific information consistently to save yourself […]

Continue Reading

Millennials Rule Apartment Market

Millennials Rule Apartment Market

Posted on 06. Nov, 2015 by .

0

The economy is officially recovering from the Great Recession: income is increasing and unemployment is decreasing. More millennials are employed, yet less adults 35 and younger are buying homes. In fact, the homeownership rate among this age range has sunk by 6.3% since 2004. So what is the culprit of decreasing home-ownership rates? Student loans, […]

Continue Reading

7 Common Issues Facing Today’s Renters

7 Common Issues Facing Today’s Renters

Posted on 04. Nov, 2015 by .

1

From loud neighbors to huge upfront costs, every renter experiences ups and downs throughout their life as a tenant. Property managers should be aware of these seven issues prospective renters face and possible solutions to be proactive and ready for any resident complaint or request. Read full Article on Trulia

Continue Reading

The Year of the Property Manager

The Year of the Property Manager

Posted on 29. Oct, 2015 by .

0

Now is the time to be a property manager, as rental prices have skyrocketed in some areas while vacancy rates have simultaneously decreased. More and more people are renting, and apartment construction just can’t keep up. Property managers now have the upper hand. With a limited apartment supply, it is easy to fill vacancies regardless […]

Continue Reading

Coastal Cities Experience Large Rent Swell

Coastal Cities Experience Large Rent Swell

Posted on 28. Oct, 2015 by .

0

Though rental prices have risen in all areas of the country, certain regions have been hit harder than others. Cape Coral/Fort Myers, Florida experienced a 23.6% increase from last year. The increase is in part due to job growth and a growing population, as well as a general trend of renting over purchasing. California houses […]

Continue Reading

The Issue of Affordability

The Issue of Affordability

Posted on 23. Oct, 2015 by .

0

What is your definition of “affordable” housing? To some, it means rental prices that are affordable to those earning the area’s median income or greater. As cities struggle to pass rent control measures, some real estate companies are surprisingly putting a cap to rent renewals. Michael Schall, CEO of Essex Realty Trust, is changing the […]

Continue Reading

Trulia: 5 Credit Mistakes

Trulia: 5 Credit Mistakes

Posted on 23. Oct, 2015 by .

0

A good credit score is not only crucial for buying homes — having optimal credit can make you the better renter choice for landlords. In areas with high occupancy rates and heavy competition, a great score can make or break your chances at a dream apartment. The best ways to ensure a stellar credit score: track […]

Continue Reading

Rent.com 2015 Rental Market Report

Rent.com 2015 Rental Market Report

Posted on 21. Oct, 2015 by .

0

Rent.com just released it’s annual market report citing research done on hundreds of property managers, thousands of rental properties, and hundreds of thousands of rental units across the country. The current rental market is experiencing the lowest vacancy rates in nearly 20 years. This is good news for property managers, who have reported a decrease […]

Continue Reading

More Millennials Living At Home

More Millennials Living At Home

Posted on 19. Oct, 2015 by .

2

Despite a decrease in the unemployment rate, it seems there has been no increase in the amount of young adults establishing their own households. The 18-34 age group is largely living with family or “doubling up” with multiple roommates. The rental market will see a large increase when millennials finally decide to move out, but […]

Continue Reading

SOP – The Best Early Lease Termination Solution?

SOP – The Best Early Lease Termination Solution?

Posted on 15. Oct, 2015 by .

0

Landlords may groan when residents want to terminate a lease early, but they should research their options. Certain circumstances require an exception from a legally binding lease contract: military transfer or job relocation. For any other situation, it is up to the landlord to determine the best course of action. Want to be fair but […]

Continue Reading

Student Housing Trend: Rising Occupancy

Student Housing Trend: Rising Occupancy

Posted on 12. Oct, 2015 by .

0

Student housing is on the rise. As of September 2015, student housing occupancy rates hit 96%, up from 95.3% last year. Properties in closer proximity to campus have even higher rates of occupancy. According to Axiometrics, more than 49,000 new beds were scheduled to be delivered for the fall semester. For many of these universities, additional […]

Continue Reading

Strongest Apartment Market in 9 Years

Strongest Apartment Market in 9 Years

Posted on 10. Oct, 2015 by .

0

The nation’s apartment market is currently experiencing the highest rental occupancy rate since 2001, with rates hitting 95.3%. Axiometrics is now reporting the highest annual effective rent growth we have seen in the last nine years, with the average rent up $59 from last year. What does this mean for property managers? Check out the […]

Continue Reading