From energy efficiency to recycling programs to amenities, apartment communities across the country are finding that it can be comfortable being green. In 2020, make it a priority to start small, and then you’re your “green” initiatives from there.

As always, we recommend sitting down with your accountant or retirement advisor to discuss in greater detail. Those advisors will be able to help you evaluate your options about your broader retirement goals.

The leasing process is deeply involved and multi-tiered, and that will never change. But when you use tech and training to your advantage in concert with being able to lean on your expertise to adapt to the continually evolving multifamily landscape, you can digitally streamline the leasing process.

Many investors feel uncomfortable running the numbers on a deal, and reasonably so—there are many determinants to consider, overlook a line item, and your numbers could prove fatally flawed.

Make certain employees recognize that it is vital to be just as heedful of Fair Housing Laws when dispensing information and interacting with customers online as it is when sharing documentation and communicating in print and in-person.

The multifamily market has had steady growth over the last ten years, and it is assumed that the next decade will begin with a strong year. Despite an expected light “cooling” in demand in 2020, the market is predicted to be strong enough to endure and remain stable.

While apartment investing can be highly lucrative, it’s an asset class that’s far from infallible. For those just getting started, contemplate partnering with someone who’s more experienced and can guide you through apartment administration issues.

There are a ton of moving parts when it comes to a new apartment lease-up. You may want to contemplate working with a company that can help layout and manage a step-by-step plan, including establishing an apartment lease-up schedule and marketing plan uniquely tailored for your community.

Investors have been pouring capital into multifamily housing projects from coast to coast, and it’s easy to grasp why. New research indicates that earnings continue to escalate.

Smart home tech isn’t just for single-family homes. Multifamily renters want to get connected. Keep an eye on emerging tech, and you might find something perfect for your properties!

Filling apartment vacancies during the off-season can seem daunting but hang in there. People always need housing. People get new jobs. People get divorced. People have babies and need more space. There are all sorts of reasons why people might need to move during the off-season. Follow these tips to help steer those people in your direction!

Of course, even the most sophisticated technology cannot replace on-the-ground knowledge. As you know, real estate, in general, and particularly multifamily, is all about relationships. Contact local property managers, brokers, and also other investors to learn from their expertise as to what multifamily improvements will advance the highest ROI in your market. 

If you're going to invest a significant amount of money into property improvements, then you're best served by investing in kitchens, bathrooms – the spaces of the unit where residents spend the most time.

As the old adage goes: it’s better to be safe than sorry. Always be sure to invest in due diligence before closing on a property. This is the best way to mitigate the risk associated with buying a rental property.

So many investors focus on where to buy a rental property that they often forget to put thought into what types of rental property to buy.

Whatever your situation or experience level, there are pitfalls to avoid when shopping for an income property. Getting it right, we don’t have to tell you, means a new source of cash flow. Getting it wrong means you may have a money pit – and no one likes those.

Property owners and landlords are encouraged to do due diligence. Listing multifamily units on Airbnb is more complicated than realized—with several considerations to make along the way.

Actively communicate with residents throughout their lease. Set expectations from the outset. Who’s responsible for what maintenance and repairs? Who pays which bills? Then, keep lines of communication open – especially if there’s any sign of property damage or if you start to have concerns about your residents’ activity.

Resident estoppel certificates are a tool that investors should consider using as part of their due diligence process. Estoppel certificates are a powerful way to confirm the true facts about existing lease terms, thereby providing a full picture of the deal prior to entering any formal purchase and sale agreement.