Apartment Rent Prices Rise Amidst a market where affordability and rent controls are the subject of activist pro rent control protests, rent prices appear to rising fast in 2019. Zumper reports that rents are growing strongly again in September while new construction starts at their lowest in several years. Multifamily starts have plummeted according to…

Maximizing Rental Property Income Congratulations! You're in one of the most exciting areas of business going today -- rental property  management. And it's potentially one of the most profitable. In an era of potentially rent controlled, overpriced single family homes and multifamily apartment markets, how do you ramp up profit?  A lot of the advice you…

Rent vs Buy? This year, hundreds of thousands of people will be using a rent vs buy calculator to make a decision on whether to buy a home or to continue renting. While you're searching through the rental ads, and weighing the possibility of buying, consider how saving your money and renting might be a better…

Millennials Are on the Move New data shows Millennials are moving to new cities and states where the grass is greener. It's reshaping some rental markets and creating opportunity for multifamily owners and managers. While overall migration is at an all time low, Millennials face employment and cost of living pressures.  They're seeking greener pastures in…

Rental Businesses Show Promise When I attended my first wedding event many, many years ago, I had to rent a tux for the event. It was not normal to rent anything back then, yet groomsmen renting a tux for a formal event was typical. Fast forward and people are renting almost everything now.  And it's…

How to Reduce Tenant Turnover Have you calculated how much revenue you've lost due to tenant turnover problems over the years?  It's a common underplayed issue for property investors, landlords, and even the best property management companies. When the boom times fade, will this become your top property management business issue? Let's take a look more…