Remove 2021 Remove Maintenance Remove Tenant
article thumbnail

Property managers, here are the 5 top leasing trends of 2025

Buildium

From renters wanting to embrace technology throughout their property search and leasing process to property managers finding ways to increase tenant retention in light of renters dwindling financial health, this post will provide key insights on what you can do to keep growing. Allow prospective tenants to apply online directly from listings.

article thumbnail

How to Become a Tiny House Landlord

American Apartment Owners Association

Although many people consider a house up to 600 square feet to be a tiny home, the 2021 International Residential Code (IRC) Appendix AQ, stated that tiny houses are dwelling units measuring 400 square feet (37 m 2 ) or less in floor area, excluding lofts. Can tenants have parties or pets? Some tiny homes are actually found in trees.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tenants Sue Portland Apartments Over Heating Issues

Rental Housing Journal

A group of tenants has filed a $1.8 The complaint alleges the landlords breached their duty to remedy maintenance issues and are seeking $1.8 A representative with NWV Group told KOIN 6, Both NWV Group and Glencourt ownership take tenant complaints very seriously and work together to address reported concerns.

article thumbnail

Cash Flow Might Be Tight in Indianapolis, But Investment Still Makes Sense

T&H Realty

Low Interest Rate Carryover : Many sellers who locked in historically low interest rates in 2020-2021 are holding onto their properties, reducing the number of new listings and further driving up prices. Maintenance & Repairs: The price of labor and materials has surged, with some construction materials seeing a 10-20% increase.

article thumbnail

6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies.

article thumbnail

2025 rental market predictions: 14 property management trends to prepare your business for

Buildium

Prediction #4: Property Managers’ Use of Tenant Screening Services Will Increase Heading into 2025, tenant quality is property management companies’ #1 concern, according to Buildium’s most recent Industry Survey. This trend is expected to continue for the foreseeable future.

article thumbnail

Why It’s Never Been Harder to Be a Landlord

American Apartment Owners Association

Meanwhile, inflation has made it harder for tenants to absorb rent increases, leaving landlords in a precarious position. Add to this the rising costs of maintenance, utilities, and taxes, and it becomes clear that the financial burden on landlords has grown significantly.