COVID-19 Update

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Tuesday, January 18, 2022

Property Management Trends in a Post-covid Era
Property Management Blog
The covid pandemic has introduced several changes in how businesses are handled on a global scale. Property management too has been affected by these changes. With the present technology on hand, businesses involving property management have been able to adjust and cope with this unusual situation. At this time, it may be safe to ass...

Tuesday, December 21, 2021

Portland Relocation Payment Ordinance: A Solid Move For The City?
Property Management Blog
During the coronavirus outbreak, many renters are struggling to pay their rent, and that's before they have to worry about the cost rising. However, considering the millions of Americans who are unemployed or whose income has been cut, rent rises during this period might cause major financial troubles. During these trying times, one c...

Friday, December 17, 2021

Holiday Safety Tips: What You Should Know
Property Management Blog
Christmas is forthcoming, and while the threat of COVID 19 still lingers, there is no fathomable reason not to decorate your abode with the holiday festivities. However, before you jump in and get too engrossed decorating your home with trinkets and whatnot, it is highly recommended to go through these simple yet practical tips to have a ...

Tuesday, December 7, 2021

Record-breaking August for Multifamily Rent Growth
Property Management Blog
Rent growth continues to recover to pre-pandemic levels and has even outperformed historical growth. All across the country, rental prices are going up. In August, it increased by an incredible 10.3% on a year-over-year basis. This is the first time there was a double-digit increase in the history of the dataset of the Yardi Matrix Nation...

Tuesday, November 30, 2021

Five Must-Know Steps to Renovating a Multifamily Apartment Property
Property Management Blog
When looking for a property to invest in, the goal is often the same - find an underperforming property and renovate it to bring it back to life. Successfully renovating a multifamily apartment property successfully takes good planning and flexibility. The main goal is to maximize the rent dollars the property will eventually bring in. He...

Tuesday, November 23, 2021

The Harsh Consequences of Oregon's Rental Crisis
Property Management Blog
When it comes to the rental crisis in Oregon, there are many perspectives. Landlords may argue that eviction moratoriums are hurting their business and preventing them from fixing up properties for new tenants.Tenants may argue that these laws protect them from unfair rent increases or no-cause evictions. What is clear is that every persp...

Friday, October 29, 2021

2021 Apartment Construction Remains Steady
Property Management Blog
The apartment construction market has remained steady despite the challenges it faced in the past year. The COVID-19 pandemic, the lack of workers, permit issues, and material shortages were some of the difficulties encountered. A total of 334,000 apartment units are estimated to be opened by the end of the year. “The pandemic ...

Tuesday, October 26, 2021

Delays in Rental Assistance Due to State and Local Processing Issues
Property Management Blog
Landlords and tenants who are due rental assistance are having difficulties claiming these funds due to state and local processing delays. In early August, there were more than 7.9 million households still behind on rent. Although millions of these households are eligible for rental assistance, the administrative backlog is causing signif...

Friday, October 15, 2021

What Landlords Need to Do During a Plumbing Emergency
Property Management Blog
Plumbing emergencies are bound to happen sooner or later; it’s just one of those things you should expect when managing a rental property. When it does happen, don’t panic! Here are some helpful tips on what to do in different plumbing-related situations.1. Turn off the water supply.This is the first step you should do in any ...

Tuesday, October 12, 2021

The Demand for Housing Continues to Soar
Property Management Blog
The COVID-19 pandemic increased the demand for suburban homes when remote work and school forced people look for larger living spaces. Many people left urban areas and cities to move to the suburbs for bigger and more affordable homes. With housing prices soaring and the continued shortage of homes around the country, many people have dec...

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