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12 January 2025 | 8 replies
According to the Justice Department, RealPage’s algorithm allows landlords to align rents with their competitors by analyzing sensitive data, from renewal rates to occupancy trends.
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15 January 2025 | 9 replies
Since the payment was deposited into your account on 1/6/2025, it would typically be considered income for 2025, even though the tenant paid it on 12/31/2024.However, if you use cash-basis accounting (which most landlords do), the key factor is when you physically receive the money, not when it was sent or owed.
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15 January 2025 | 8 replies
It’s a great reminder to trust your own due diligence and not let others make critical decisions for you, like hiring a property manager.For future investments, building a trusted team and maintaining direct oversight is key, even with remote deals.
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27 December 2024 | 8 replies
As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear feedback from the BP community.Large PM companies have begun partnering with financial institutions, such as Rhino Insurance, to help tenants who struggle with paying their security deposit.
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17 January 2025 | 40 replies
A few key points / takeaways from my perspective:1.
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9 January 2025 | 28 replies
Also, townhomes are a great bridge property, it's a common trend that those in townhomes are aspiring for home ownership meaning credit sensitive and with that right mindset.
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11 January 2025 | 3 replies
It’s not just about luxury anymore; it’s about creating spaces that adapt to the future and the people living in them.For investors, understanding these shifts is key.
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13 January 2025 | 30 replies
One of the trends you see clearly is that smaller landlords do not want to rock the boat increases, especially with good tenants.
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13 January 2025 | 0 replies
The rise in home equity over the years can be credited to two key factors:1.
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11 January 2025 | 5 replies
Clear communication is key here.