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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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5 February 2025 | 14 replies
It's not RTR's fault the property can't absorb proper cap ex, that's a product of the market.
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7 February 2025 | 1 reply
My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates).
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2 February 2025 | 2 replies
Are they at market rent, or locked into below-market rates?
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12 February 2025 | 14 replies
Are you currently investing in your hometown or are you looking at out of state markets?
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7 February 2025 | 22 replies
I am in Tampa Florida so the investment market is huge here for both as well.
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7 February 2025 | 1 reply
I'm happy to share insights and see how we can help each other.What market are you focusing on?
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1 February 2025 | 11 replies
I usually just google "market name" airbnb or short term regulations.
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10 February 2025 | 9 replies
John I rented a 4 plex i remodled in charleston as the flip market had slowed.. the tax's on it were substantially higher than an owner occ property.. could be the rates were different this was a 1.2 mil prop..
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17 February 2025 | 15 replies
The cost is minimal and I am smoking the closest competitors in my market.