What Do Landlords Need to Know About Rent Control?

Over the past few months, many states have implemented new rent control policies. Rent control laws work to regulate how much landlords can charge for rent, and also how much rent can be raised within a certain period of time. These laws are designated by individual cities and their goal is to help ensure that housing remains an affordable commodity. As a landlord, it’s imperative to remain informed on all the ins and outs of […]

How will Artificial Intelligence Impact the Multifamily Industry?

Artificial intelligence, A.I.— these terms may sound like something out of an episode of Black Mirror or The Twilight Zone. However, artificial intelligence is a part of our everyday lives. (Think Siri or your Roomba.) Yet, as artificial intelligence continues to evolve, how will this technology impact the multifamily industry from tenant amenities to the way property managers do business? Smarter Units Many homes are equipped with artificial intelligence that helps connect their homes to […]

5 Ways to Get and Implement Resident Feedback in Multifamily

Happy residents and tenants are at the heart of a prosperous multifamily property, and what better way to ensure your tenants are getting exactly what they want than by asking them directly? Getting resident feedback and appropriately analyzing and implementing the results allows for a successfully run property. Some think that asking for feedback can encourage residents to create problems or issues, however, this is not the case. It will make tenants feel more comfortable […]

6 Creative Ways to Increase the Value of Your Multifamily Property

Whether you are looking to sell your multifamily property or want to validate raised rental rates for the asset, you’ll want to increase the value of the property. Let’s take a look at six creative ways to increase the value of your multifamily property. Perform Repairs & Make Improvements If your multifamily property needs to be modernized or needs cosmetic work, by performing these task, you can significantly raise the rent. The rental income from […]

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6 Things Landlords Should Look for When Screening Multifamily Tenants

If you are a landlord or property manager, you need to ensure every tenant who signs a lease is reliable and will not cause issues. Even if you need to fill spaces quickly, you should never rent out space to just anyone without properly vetting them. Here are six things landlords should look for when screening potential multifamily tenants. Take the Comments of Previous Landlords Seriously A previous landlord can tell you everything you need […]