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23 December 2024 | 9 replies
Look up market rental data to know if you're in a lower paying area.
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16 December 2024 | 1 reply
Economic Timing.According to data compiled by Marcus & Millichap[2], the Portland area has experienced three very important trends since 2010:The average price per unit for apartments has nearly doubledThe rate of employment growth rose from 2010 to 2015 but has since declined steadily, projected to be up 1% for 2020 (estimated before COVID-19)Roughly 30,000 apartments have been built since 2010, with another 5,600 units slated for construction in 2020Most RHA members have enjoyed a solid decade of price growth, rent growth and steady occupancy.
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25 December 2024 | 12 replies
The northland (as north of the river is often called) is also a burgeoning home to massive data centers including one built by Facebook’s parent Meta and also has charming and distinctive downtowns including North Kansas City and Parkville.
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23 December 2024 | 11 replies
I'd have them sign my own lease on renewal and I'd make sure I had enough information on them so I can go after them if a legal issue arises such as employer and other similar data.
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19 December 2024 | 6 replies
Hey Grant- what did you end up doing to reconcile the data entry and system alignment between Buildium and QB?
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27 December 2024 | 19 replies
Most times landlords don't have data or cannot adequately factor in vacancy time or turnover rate.
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16 December 2024 | 5 replies
One thing I'm trying to do is to test different cover photos to see which ones draw a greater % of click-thrus (which seems like a reasonable thing to test).I'd like to be able to view the Airbnb stats to see, for each cover photo I test, things like what % of people click through on it.
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30 December 2024 | 103 replies
In all my years of Property Management in one of the most tenant friendly Cities in the World, I bet there will be a lot of interested people, regardless if they are actually planning on buying in a tenant friendly City.My management style would be considered highly unusual as I approach these issues so that it becomes a win-win situation and take into account the human element of the tenant.There is potential for me to add more to that Podcast to include how the Portfolio did over the 28 years growth period (1998 to 2025) with real numbers.There will be things like making the Portfolio safer as I age by paying off the Mortgages and increasing cash flow, etc.I'm also a Cloud Software developer (Salesforce specifically) and will be employing a lot of A.I. in 2025.The RE Portfolio is cash flowing very well and I can afford to integrate experimental A.I. to test it out.Things like A.I.
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24 December 2024 | 12 replies
I’m happy to share more data if interested.
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15 December 2024 | 10 replies
There is currently no requirement for the landlord to test for lead or pay to replace the pipes.