DETERMINING RENTAL RATE

There are many factors to consider when determining a rental rate.  You want to make sure you don’t charge too much or you’re likely to be sitting with vacant units.  And on the flip side if you charge too little, you’re leaving profits on the table. MARKET RATE To determine your rental rate you want […]

FAQ’s Regarding Property Management

WHY SHOULD I USE A PROFESSIONAL TO MANAGE MY HOME? While the reasons our clients choose professional management vary, here are some of the key reasons many people elect professional management over self-management: We handle maintenance and emergency repairs, allowing you to sleep at night. We enforce collection of rents and serve the proper notices […]

What Americans Want in Apartment Landscaping

Posted on 31. Jul, 2013 by Tara Armbruster in Greener Properties As you determine ways to make your apartment complex more appealing to tenants, you should pay attention to the latest trends when it comes to outdoor spaces. More specifically, take note of what the American Society of Landscape Architects found when they conducted their Residential Landscape Architecture Trends survey […]

Rising Demand For Aparments

by Diana Olick Despite recovery in the single-family housing market, demand for apartments continues to surge. Just 4 percent of U.S. apartments nationwide were vacant in the second quarter of this year, according to a new report from Reis. That pushed rents up 3 percent from a year ago. “The simple fact that vacancy continues […]

Valuing Property Via The Capitalization Rate Methodology

Posted on 04. Oct, 2013 by Leonard Baron in Business When one wants to value property, like an apartment building, to get a feel for what it is worth, there are two different commercially recognized valuation approaches that are used. The first one is the comparable market approach analysis (CMA), which is used both for […]