How Working Remotely Will Impact the Real Estate Industry | Resident First Focus

How Working Remotely Will Impact the Real Estate Industry | Resident First Focus

Real estate and technology are often looked at as different realms—but there’s growing overlap between the two sectors. Real estate investors need to monitor these trends closely to understand how advances in technology will impact the future of real estate. Those who remain at the forefront will be best positioned to protect their portfolios as the market shifts.

How to Handle the Aftermath of a Fire at Your Rental Property | Resident First Focus

How to Handle the Aftermath of a Fire at Your Rental Property | Resident First Focus

Having a house fire is one of a landlord’s worst nightmares. Because it happens so infrequently relative to other issues, most landlords panic and don’t know how to respond in the aftermath of a fire. In the event of the unimaginable, follow these procedures to remain level headed during an otherwise stressful period. Moreover, remember: as long as everyone is safe, this too shall pass. Investment properties are valuable and mean a lot to their owners, but they can be rebuilt and losses recovered in due time. 

The Top 3 Unforeseen Challenges Faced by Property Owners | Resident First Focus

The Top 3 Unforeseen Challenges Faced by Property Owners | Resident First Focus

Owning and operating rental property is a great way to earn passive income. Even though it’s “passive” and doesn’t usually require intensive, day-to-day management does not mean that property owners should have any less of a business mindset. Solid planning, preparation, and control of finances are just as important for property manager as they are for entrepreneurs in other industries.

6 Ways to Boost the Curb Appeal at Multifamily Properties | Resident First Focus

6 Ways to Boost the Curb Appeal at Multifamily Properties | Resident First Focus

Now that it’s the busy summer season, with budget season around the corner, and people will be spending more time outside—so there’s no better time to invest in a few low-cost improvements to boost your multifamily property’s curb appeal. The time and money spend on projects like these can translate into even more significant gains when you consider the impact it will have on finding (and retaining!) high-quality residents over time.

Growing Rental Market for Those Aged 55+ | Resident First Focus

Growing Rental Market for Those Aged 55+ | Resident First Focus

So, why does all of this matter for landlords, property managers, and real estate investors? We aren’t just throwing data at you for the sake of wading through data! Instead, we hope you’ll use this data to capitalize on shifting demographic needs and changes. If you’re located in a market that’s expected to experience an uptick in renters aged 55+, consider making property improvements tailored to these residents.

How to Add Value by Adding Amenities to Smaller Apartment Communities | Resident First Focus

How to Add Value by Adding Amenities to Smaller Apartment Communities | Resident First Focus

As you can see, there are many ways for landlords and property managers to integrate amenities into smaller apartments communities. Best yet, these don’t require spending a fortune. The majority of these amenities are low-cost additions that will add value to a property and help lure (and keep) residents who may have otherwise moved to a larger apartment community for the amenities they tend to offer.