Although it's expensive, it effectively keeps us top of mind with our sellers and buyers, providing features like email open rate tracking and call recording.

For those who have run or participated in referral programs, what strategies have you found most effective?

We want to accommodate this easily.Promoting the furnished rental on various sites, including nurse staffingsites, the MLS, FurnishedFinders, and others.Cost-effective local management to ensure that service issues are handled quickly and efficiently.

Similar to you, I'm thinking about other strategies for off-market leads and tried direct mailers, but not sure how effective that is for multifamily.

This surge in tourism is having a ripple effect on the local economy, spurring investments in hospitality, retail, and infrastructure.

When starting a business or owning multiple properties, it’s crucial to manage your cash flow effectively to ensure long-term stability and growth.

Personally the most effective bet is too call other local PM companies yourself because only you can truly express your concerns and maybe get better pricing.It should only take 15 mins per call.

They are effectively like any other syndication (by definition they are a syndication), but put in place a legal ownership structure to accommodate 1031 proceeds.I understand why they have higher fees than the typical syndication, given the complexity in their ownership structure compared to a "typical" syndication.At the end of the day, any return from a syndication (typical or DST) is going to be primarily driven by market cycles.  

It is more important now more than ever to have a transparent working relationship with a real estate agent who can listen to your wants and needs, adjust accordingly and negotiate effectively on your behalf. 

This makes the strategy viable for managing a due-on-sale clause, as it effectively keeps the transaction off the lender's radar, delaying or avoiding the clause's enforcement.While this method can solve the due-on-sale clause issue, it does come with a calculated risk—primarily depending on the trustworthiness of the seller and the specific legal environment.