The COVID-19 pandemic has negatively affected virtually every financial industry, including the multifamily real estate industry. To minimize these impacts and ensure that your multifamily real estate business can survive the pandemic, it’s important to understand and prepare for the future of multifamily real estate after COVID-19. In this article, we’ll highlight the most relevant COVID-related trends in multifamily and…
The COVID-19 pandemic has resulted in a worldwide effort to stay and work at home, socially distance from others when outside, and avoid contact with communal surfaces. At the same time, the smart home technology market is overflowing with innovative and exciting new gadgets. With the new realities of homebound life, many are turning to smart home technology to make…
The COVID-19 pandemic has emphasized the importance of keeping your rental property sanitized and secured, which makes now an excellent time to reevaluate your property’s hygienic and security practices. Our tips are designed to help you be a hygienic property owner and our smart home solutions will help bring your property into the modern age of security. Sanitizing Tips for…
Running a rental business is difficult, but rewarding. COVID-19 is certainly one of those difficulties, so much so that issues outside the pandemic might be ignored or shrugged off as insignificant in comparison. These factors aside from a pandemic could disrupt your business in the future and that there are steps you should take preemptively to protect your interests. There’s…
The coronavirus pandemic has forced property owners and managers to face a new reality — one where contact is limited. Keeping residents, third-party vendors, and staff members safe will be of the utmost importance in the coming months and beyond. While some single-family operators are beginning to adopt connected locks, many still rely on lockboxes to grant access to unoccupied…
When we think of air pollution, we imagine hazards such as a coal-burning factory emitting thick, black smoke, an old jalopy with too much engine exhaust, or a layer of cough-inducing smog hanging over a city skyline. We don’t think about the air quality in our homes and offices. Nevertheless, the condition of the air inside the buildings where we…
Property managers have the monumental challenge of caring for hundreds or even thousands of properties, some occupied and some not. Vacant properties are especially challenging for the very reason that nobody is around to raise a flag when problems arise. And one of the worst things that can happen in a vacant property is a water leak since it can…
Hurricanes and overflowing rivers are not the biggest flooding threats to your home. The most common causes of water damage come from the inside. Broken pipes and leaking appliances cause 14,000 water damage emergencies throughout the United States every year. On average, these emergencies cost the property owner $7,000 each in repairs. If a water damage emergency happens at your home, apartment—or a rental…
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