If you had to guess, which state would you say has the fastest growing multifamily rental market in the US? Would you believe it to be North Dakota? If so, good guess. That’s according to the latest report from REALTOR®...
According to the results of an Urban Land Institute (ULI) survey, more and more members of the 80-million strong Generation Y (ages 18 to 34) prefer to live in urban areas. As Reuters notes, “This migration already is...
The good old days of property management are over. But the good new days are here. Let me explain. In the good old days, with rents and home prices rising into the stratosphere, property managers didn’t have to...
Low mortgage rates aren’t enough to tempt some young people to buy a home. Instead, they’re opting to rent one. In Memphis, for example, property management companies like Lubin Property Management LLC and Renshaw Property Management are seeing...
A hotel is the traditional destination of choice for an individual or family going on vacation. But that seems to be changing. Today rental homes are all the rage, at least among U.S. travelers. That’s the upshot of...
Short-term rentals, of all natures, have become a hot commodity – and a controversial one at that. Short-term rentals can include vacation rentals and temporary housing, often sought by vacationers, business travelers, or people who have recently relocated while seeking...
Over the past four to five years, I have been posed all of the questions asked of many business owners in the real estate industry. How has the downturn in the economy hurt your profits? Has the housing...
This week, we’re shifting our focus eastward of San Diego, CA to take a look at St. Louis, MO. Prior to the economic slump, St. Louis was making great strides—in fact, in 2006 St. Louis received the World...
We sat down with Noah Smith, Head of Operations and Technology Management at Lobos and Brawley Reishman, Chief Technology Officer at Westward360 to document the Open API use cases where they’ve seen success. “The biggest reason why we...
One of the most important accounting practices in any business is setting up and keeping a property management chart of accounts. As a property manager, your chart of accounts will help you keep tabs on all the transactions...
Take a second and think about how much information you collect from your residents, owners, and their properties each day. From your books to your residents’ technology adoption, there’s a well of hidden value buried underneath the surface....
When you think of property management, what terms come to mind? Doors? Turnover? Vacancy rates? What about the term human capital? The concept of investing in people as well as property is at the core of everything Socially...
It’s been a long two years for property managers, particularly in college towns, where vacancies skyrocketed after colleges and universities closed their doors. As students make their way back, there are certain new expectations they bring with them....
In January of 2021, 38 percent of rental owners surveyed in Buildium and Propertyware’s 2021 Rental Owner’s Report, Volume 1 planned on acquiring new properties in the next two years. That’s an 8 percent jump from five months...
For the 10th straight year, the Powered by Buildium team has completed the Bike MS: Cape Cod Getaway, and raised money to fight multiple sclerosis. According to the National Multiple Sclerosis Society, a 2019 study found that nearly...
There are so many reasons to focus on limiting the environmental impact of the properties you manage, and counseling your owners on energy- and profit-conscious upgrades. And there’s a lot out there to learn from (like green buildings)...
