Older multifamily rental properties and the owners of these properties tend to face the never-ending challenges of competing with newer constructions. Older units are typically more difficult to lease due to the appeal, as the […]
Read MoreIn recent weeks, we’ve experienced the beginning of a global pandemic. Businesses and property owners are taking all the precautions they can to further prevent the spread of the novel Coronavirus (COVID-19) by deep cleaning […]
Read MoreSpring is in the air and it’s the perfect time to renovate a living space to enjoy the new season. It doesn’t matter what type of living space you have for you to dive into […]
Read MoreTrue hardwood floors tend to be impractical for many multifamily properties. They are simply too costly and require a lot of maintenance. However, it is possible to get the same warm, clean lines, textures, and […]
Read MoreBaby boomers are becoming 30 percent of multifamily renters, selling their large homes after they become empty nesters. U.S. Census Data gathered by RENTCafe revealed that from 2007 to 2017, there was a 43 percent […]
Read MoreWhen prepping for interior and exterior renovations, rental properties should consider the psychology of color. A loose set of guidelines for the use of color in design, color psychology is about the way specific colors […]
Read MoreInvestors suggest that a successful renovation should allow you to raise your rent from 10-30 percent. Kitchens are one of the best known renovations to produce ROI and keep profits up at multifamily properties. Here’s […]
Read MoreChoosing a structure for the management and manpower behind your remodel can be simple. While sub-contractors do specialize in a specific category of remodel–perhaps paint or plumbing or insulation–you’ll likely find that in-house contracting is […]
Read MoreAccording to the National Multifamily Housing Council and the National Apartment Association, more than half of the existing apartment buildings in the United States were built before 1980, meaning there’s a good chance your multifamily […]
Read MoreStaying competitive in multifamily real estate often means renovating to remain an exciting housing option, and it has been said that $1 spent on sprucing up the exterior of a rental property will yield $3 […]
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