American Apartment Owners Association

DECEMBER 2, 2024

Rent costs have long weighed on lower-income households — now it’s coming for the middle class. Burdened by rents The percentage of middle-class renters burdened by costs has increased rapidly since 2019. A cost-burdened household is defined as one paying 30% or more of pretax income on rent and housing costs.

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Rent Landlord Property Maintenance IT 130

Buildium

NOVEMBER 25, 2024

We’re still seeing the downstream effects of the Fed’s interest rate increases, as well as softening rent growth, cascade through the development sector. (A A similar trend is expected to play out in the build-to-rent sector.) million new households were created throughout 2023—down from 2.3 What else is driving rental demand?

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Property Management Property Manager Management Property 240

Rental Housing Journal

FEBRUARY 4, 2025

population growth, while upping immigration estimates to 4 million combined in 2022 and 2023, the report says. advertised rent falling $4 nationally in December to $1,742. Year-over-year rent growth, which remains positive albeit weak, was down 10 basis points to 0.6%. advertised rents fell 0.2% month-over-month.

Rent 77

Rent Apartment Rental Property Property 77

American Apartment Owners Association

DECEMBER 16, 2024

Accordingto a report from Zego, the average cost of turning over a rental unit was $3,872 in 2023. Optimize Pricing and Lease Flexibility In today’s“rent rollercoaster” market, implementing data-driven pricing strategies is crucial. Offer a range of flexible lease options to cater to diverse resident needs.

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Tenant Property Management Property Manager Lease 246

Buildium

DECEMBER 30, 2024

For example, you can deduct the rent and utilities you spend for an office or other workspace outside of your home. If you rent equipment or vehicles, the rent you pay is fully deductible. If you rent equipment or vehicles, the rent you pay is fully deductible. Tax time isnt a once-a-year thing.

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Property Management Property Manager Management Property 245

BiggerPockets

OCTOBER 8, 2023

Interest rates are still at record highs, cap rates have somehow stayed compressed, rent growth looks bleak at best, and […] The multifamily real estate market went from bad to worse.

IT 90

IT Real Estate Rent 90

Buildium

OCTOBER 28, 2024

However, the pace of growth has slowed since 2023, with a majority of businesses planning to expand their portfolios by 25% or less over the next two years. Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%. Like many small property managers, you probably want to grow your business.

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Property Management Property Manager Management Property 246

Fourandhalf

JANUARY 16, 2025

When someone who has just inherited a home needs help renting that home out, theyre not going to go online and search for a property management company. Instead, theyre going to go online and search how to find a tenant or how much rent to charge. How do you drive more leads into your company? The big catchphrase now is AI.

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Property Management Property Manager Management Property 251

American Apartment Owners Association

DECEMBER 5, 2024

And Dallas, which saw the largest increase in population in 2023, according to the U.S. Petersburg-Tampa, and Nashville especially attractive for investors, Dallas, TX Median home list price: $434,500 Median monthly rent: $1,475 What’s Dallas’ secret weapon? Census Bureau, is ripe as an investor’s market. It’s rapid population growth.

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Real Estate Insurance Rent Broker 130

Rental Choice

MARCH 5, 2024

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. Roughly 653,000 people were experiencing homelessness in January 2023.

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Apartment Rent Rental Unit Property Management 130

SparkRental

NOVEMBER 22, 2024

This compares with the annual pace of 3.13% seen in 2023 and is more normal than the frothy 7.45% growth in 2022. Investors looking for cities with the best price-to-rent ratio should pay close attention to local market dynamics. by population, mapped with their GRM, median rent, and median home price. saw cooling home prices.

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Real Estate Rent Rental Income Single-Family Home 98

Haustay

APRIL 3, 2025

At the time, only two of the three units were being rented, and marketing efforts were lackluster at best. The Haustay Approach: Strategic, Hands-On, and Hyper-Local In early 2023, the property owners made the decision to switch to Haustay , a local team specializing in vacation rentals throughout North County San Diego. Why Haustay?

Rent 52

Rent Airbnb Property Management 52

Haustay

APRIL 3, 2025

At the time, only two of the three units were being rented, and marketing efforts were lackluster at best. The Haustay Approach: Strategic, Hands-On, and Hyper-Local In early 2023, the property owners made the decision to switch to Haustay , a local team specializing in vacation rentals throughout North County San Diego. Why Haustay?

Rent 52

Rent Airbnb Property Management 52

Authority Property Management

MARCH 14, 2025

Maximizing Financial Gains: Why Renting Out Your Home Could Be a Smart Move If you're considering moving to a new home but aren't ready to part with your current one, you might be asking yourself: should I turn my primary residence into a rental property? In 2023, she needed a larger home for her growing family. mortgage interest rate.

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Rental Property Rental Income Property Insurance 59

RL Property Management

MARCH 12, 2025

In this exclusive investor update , we break down: Rental & pricing trends Where are home values and rents headed? Rental Market Performance The Columbus single-family rental (SFR) market continues to perform strongly, outpacing many other metro areas in both rent growth and occupancy rates.

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Tenant Single-Family Home Rent Landlord 81

Rental Housing Journal

JANUARY 9, 2025

At the same time one of the landlords, Courtland Management, agreed to cooperate with the justice department and enter into a settlement to end the use of common rental-pricing algorithms and competitively sensitive data to set rents. billion in 2023. Atlanta-based Cortland manages more than 80,000 rentals in 13 states.

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Landlord Attorney Rent Apartment 105

BiggerPockets

AUGUST 6, 2023

Prices are staying the same, but mortgage rates are rising, rents have peaked, and so-called […] The housing market has dealt a tough hand to real estate investors as of late.

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IT Real Estate Rent 68

T&H Realty

JANUARY 20, 2025

Its common to see dips in rental rates and the number of homes rented, along with an increase in days on market (DOM). Meanwhile, the number of homes rented? Number of Homes Leased The number of homes leased in Q4 2024 dropped to 348, marking a 39% decrease from 573 homes leased in Q4 2023. It nosedived.

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Property Management Property Manager Management Property 40

MRI Software

OCTOBER 5, 2023

at the end of September 2023. Figure A – Occupancy Trend – Year-end 2021 through September 2023 The forces driving occupancy down have been in place for many months now. Current rent growth Lower occupancy puts rent levels under pressure. Austin’s rent trend at the end of August was -3.4% and is now -3.1%.

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Rent Apartment Lease Landlord 52

MRI Software

DECEMBER 6, 2023

Figure A – Occupancy Trend – Year-end 2021 through November 2023 The forces pushing occupancy lower have been in place for many months now. Move-outs in Classes B, C and D began in 2022 and continued through much of 2023. Current rent growth Lower occupancy puts rent levels under pressure. off-market to -6.7%.

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Rent Landlord Property IT 52

MRI Software

NOVEMBER 6, 2023

Figure A – Occupancy Trend – Year-end 2021 through October 2023 The forces pushing occupancy lower have been in place for many months now. New construction deliveries in 2023, as well as in the coming years of 2024 and 2025, will be greater than the best year of deliveries since the Great Financial Crisis, or since 2010.

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Rent Lease Apartment Landlord 52

MRI Software

JANUARY 5, 2024

Occupancy As 2023 ended, the seasonal slowdown continued to drop occupancy levels in all metro areas. The table in Figure A compares occupancy levels at the end of 2021 to those at the end of 2023. Figure A – Occupancy Trend – Year-end 2021 through December 2023 The forces pushing occupancy lower have been in place for many months now.

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Rent Lease Property Landlord 52

Nest DC

MAY 17, 2023

Home prices, interest rates, and rental rates have steadily increased, and 2023 has seen a halt in movement because folks are giving careful consideration to the costs of moving versus staying in place. still remains a challenging environment for many prospective tenants in 2023, as high demand and limited affordable options persist.

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Rental Income Rent Government Property Management 52

Colliers

MARCH 14, 2024

Warehouse and distribution rental rates increased by an average of 55% nationwide over the past three years, primarily in 2022 and 2023. While rent growth slowed slightly during the second half of last year, it varied greatly by market and even submarket. Co-authored-by Craig Hurvitz, Director, National Industrial Research | U.S.

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Rent IT 52

T&H Realty

FEBRUARY 10, 2025

According to the Metropolitan Indianapolis Board of Realtors (MIBOR), the median home price in Indianapolis rose to approximately $250,000 in 2023, marking a sharp increase from pre-pandemic levels when prices hovered around $170,000. The average rent for a single family home in Indianapolis was $1,593 as of Q4 of 2024.

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Single-Family Home Insurance Finance Rent 52

Bay Property Management Group

JANUARY 6, 2025

Moreover, they reported that in 2023, remote workers were 9% more likely to plan on moving to a new home than in-person workers were. You have the flexibility to adjust the rent after a tenant vacates. For example, during peak seasons or as demand increases, you could raise the rent to reflect the property’s market value.

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Property Property Management Property Manager Lease 147

Authority Property Management

SEPTEMBER 12, 2024

Whether you're a property owner looking for peace of mind or a tenant seeking a seamless renting experience, we pride ourselves on being the team that delivers. Over the years, we’ve received numerous accolades, including the Best Property Manager for the Best of North State 2022 and 2023.

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Property Management Property Manager Management Property 85

Mashvisor

SEPTEMBER 19, 2023

How to start an Airbnb business in 2023? We’ve put together this 10-step guide on how to buy an Airbnb property and rent it for maximum ROI. With the removal…

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Airbnb Airbnb Property Rent Property 69

Esquire Property Management Group

FEBRUARY 10, 2025

Rent concessions (temporary discounts or rent-free months) Why It Works: Flexibility can attract smaller or cautious businesses seeking lower commitments in uncertain market conditions. in the third quarter of 2023, reflecting the challenges landlords and property managers faced in maintaining occupancy and revenue streams.

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Commercial Property Lease Property Government 64

Colliers

MARCH 4, 2024

The team joined Colliers from Avison Young in June of 2023, bringing with them a history of successful leasing transactions and a portfolio of newly won listings. A new office leasing team is making its mark in downtown Oakland – well, not entirely new.

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Lease Rent IT 52

Schofields Insurance

APRIL 17, 2025

Owning a second home also means that you can take a more affordable break as opposed to renting a holiday let or travelling abroad. Back in 2023, Cornwall was the location that saw the highest volume of visitors per month (710,860) in the UK. Are holiday homes a good investment? Owning your very own holiday home has many benefits.

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Transportation IT Property Rental Income 60

Rentals United

MARCH 31, 2025

The company is similar to Airbnb and lists over 6 million private homes and apartments. What differentiates Booking.com from Airbnb and Vrbo is that its not exclusively for vacation rentals in fact, it was originally a search engine for hotels. Booking.com usually charges a commission fee between 10% to 25%, depending on property type and location.

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Airbnb Rental Unit Engineering Property Management 98

Buildium

DECEMBER 3, 2024

Over the past three years, our list of up-and-coming real estate markets has identified a burgeoning trend: High levels of apartment construction in high-growth metro areas have caused rent growth and occupancy rates to stall in regions that had previously been considered up-and-coming. Multifamily Cap Rate (Q2-’24): 7.4%

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Real Estate Property Management Property Manager Management 130

Authority Property Management

SEPTEMBER 18, 2023

A special highlight for us in August: Authority Property Management marked the successful renting of 51 units! With rent prices responding to these shifts, it's a delicate dance between affordability and ambiance. Vacancy rates, which once hovered around 8%, are moving closer to 6%.

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Property Management Property Manager Management Property 52

MRI Software

FEBRUARY 6, 2024

As 2024 begins, the two main factors that plagued market conditions in 2023 are still present. Read on for more discussion on how occupancy and rent levels are responding to this less-than-positive setup. Austin and Raleigh-Durham had the largest occupancy drop from December 2023 to January 2024 at 0.4 percentage points.

Rent 52

Rent Lease IT Property 52

MRI Software

JULY 15, 2024

In 2023, overwhelming amounts of new supply began to erode occupancy levels from Class A, the top of the Class/Price structure, as new unit deliveries outpaced absorption or demand driven by reasonably strong job growth. Looking back, rent levels peaked in the middle of 2022.

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Rent Lease IT Property 52

Hospitable

MARCH 31, 2025

The research also shows that in 2023, the typical Canadian host earned approximately $12,200 by welcoming travelers to their community. Still, you should understand that the short-term income you can earn by renting out your property varies in different locations. Airbnb Occupancy Rate in Canada: Why Does It Matter?

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Airbnb Airbnb Property Rental Income Engineering 52