Category: Rental

Managing Single Family Rentals Economic and demographic changes have really juiced up demand for single family rental housing (SFR) and it's spawning excellent business opportunities for investors and property management firms. Back in 2014, many investors and managers were wondering about the wisdom of adding single family houses to their property mix. Today, they're reaping…

August Rent Price Surprisingly, after a short dip in early summer, the average rent price for an apartment in the US is rising again. According to Zumper's rent price report for August, price growth is accelerating and one bedroom rents actually hit a new record. Strong jobs, wages, and low availability continue to accelerate rent…

Buy vs Rent a Home? The purchase of a home is reaching an all time level of difficulty.  That means, the question of buy vs rent may have a different answer in 2022 -- to renting being the wisest choice in 2022/2023. US Fed rate hikes, and increasing loan qualification requirements means the question might…

Las Vegas Housing Market The Las Vegas real estate market is one of the hottest housing markets in the US. It's also the site of the 2022 NARPM conference for professional property managers. The latest sales release shows prices of single detached homes are up 31% YoY, and up 3.61 to an astonishing 4737,949 in…

13 Ways to Grow Property Revenue With government tax changes, eviction laws, and unemployment issues, landlords have a lot to deal with. If you're so busy that you haven't reviewed your rent yields and painstakingly covered the reasons for lower performance, it will hurt your business. Sometimes, taking a simple roll call of the challenges…

Reduce Churn and Turnover Costs Have you calculated how much revenue you've lost due to tenant churn over the years?  Some landlords and property manages do have systems to report these losses, but how many are resolving losses from churn? In some states and cities, the issue of tenant turnover is a current matter.  With…