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1 February 2025 | 3 replies
Here are some trends that could play out, or further develop in 2025.Leasing & Tenant Experience AI-Powered Leasing: Chatbots and AI tools will streamline leasing processes, from answering tenant inquiries to scheduling tours.Virtual Tours & Digital Leasing: These will become even more standard, making it easier for tenants to rent remotely.TechnologySmart Property Management: IoT devices (smart locks, thermostats, etc.) will become more common, improving efficiency and tenant satisfaction.Property Management Software: Platforms will integrate more AI for predictive maintenance, rent collection, and financial reporting.SustainabilityGreen building practices and energy-efficient upgrades will be a major focus, driven by tenant demand and potential incentives.AI & AutomationAI will play a bigger role in tenant screening, rent pricing optimization, and even predicting market trends.Automation will handle repetitive tasks like maintenance requests and lease renewals, freeing up PMs for higher-level activities.I'm sure there are plenty more shifting trends that I haven't mentioned and that are sure to evolve over the next year.
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24 February 2025 | 49 replies
Then delivered random orders which we were not allowed to do in building. then, sat there.
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24 February 2025 | 25 replies
probably not because the cheap markets have valuation below build costs.So ...Why are you looking to invest OOS?
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30 January 2025 | 12 replies
You are doing the right thing to build relationships first!
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27 January 2025 | 1 reply
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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4 February 2025 | 7 replies
Unless it is a new build, and it comes with purchase warranties are an extra cost and may or may not even be executed when needed depending on the circumstances.
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31 January 2025 | 8 replies
If you want to build out a portfolio of multi-family rentals that cash flow to the point of not having a W2, that's one thing.
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1 February 2025 | 51 replies
If you want to build your portfolio and its a property that is already making money, why would you want to sell it?
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30 January 2025 | 10 replies
Plus, very important to understand the new layout and how the dig down will effect the existing stairs, plumbing, etc.Happy to connect and talk through your specific situation because @Bruce Woodruff mentioned every project is different and know one price fits all espeically with these complex jobs.Where at in Chicago is your building?
28 January 2025 | 7 replies
I'm out of Fairmont MN also, been building a portfolio of apartment buildings in the area.