Property management accounting basics: The definitive guide

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...

I recently read an article that stated a property management business is not profitable until it has around 500 properties (or units) under management. This is simply wrong. The number of properties under management is not the only...

  The stars seem to be aligning for a surge in the number of roommates, with implications for property managers.  According to the Insurance Information Institute, One out of every eight homes in the U.S. is now inhabited...

I get asked this question a lot: “What’s the best way to build my rent roll?” I always reply, “What are your business’ goals for growth?” There are two viable methods for building your rent roll: Organic growth...

If your tenants don’t own pets, they’re in the minority. That’s the finding of a new Apartments.com survey, in which a full 75% of renters said they owned one or more pets. That’s up a staggering 32% since...

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...

If you’re a property manager, how can you encourage your tenants to support local businesses? Create a rewards card. This is the approach taken by LLC Property Management, based in Los Angeles and Dallas. They offer each tenant...

The federal government has dedicated the month of April to spreading awareness about fair housing in the United States, especially legislation like the Fair Housing Act. For property managers, understanding fair housing legislation is vital to ensure a...