Remove 2009 Remove Maintenance Remove Rent
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Spotlight Interview: Tim Wehner, Past NARPM President & Property Manager Extraordinaire

Yardi Breeze

Back in 2009, we were a small company with around 120 units. Dodson Property Management was my professional home from 2009 until we sold the company a few years ago. Another issue is finding qualified workers, especially in maintenance roles. Theres been a significant labor shortage in the maintenance industry.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

However, rent growth for apartments with professional management fell during the third quarter (Q3) of 2023. Only 1% of the markets reported a rent growth of 10% in Q3 of 2023. million) spent over 30% of their income on utilities and rent. This maximum rent is affordable to those in the $24,000 annual income bracket.

Apartment 130
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Retirement Income: Have You Considered a Rental Property?

Real Property Management Choice

The rent for the property would be $1,379 which is the median rent for a 3BR single-family residence according to RentRange. Add average maintenance costs, insurance, property management fees, and property tax expenses, and this investment would lose just $230 per month for the first year. Median existing home price in the U.S.