Blog

Record-breaking August for Multifamily Rent Growth

By Erlin Taylor Tuesday, December 7, 2021

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 incre...

Five Must-Know Steps to Renovating a Multifamily Apartment Property

By Erlin Taylor Tuesday, November 30, 2021

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 maximiz...

The Harsh Consequences of Oregon's Rental Crisis

By Erlin Taylor Tuesday, November 23, 2021

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 increa...

How Remote Work Has Affected Rental Rates

By Erlin Taylor Tuesday, November 16, 2021

According to a recent analysis by Yardi Matrix, people working from home, also known as remote work, impacted rental rates. Rental growth was slower in areas where most people were given the option or were ordered to work remotely. The same analysis also showed that the ability t...

A Look at the Average Renter

By Erlin Taylor Tuesday, November 9, 2021

Zillow has recently released the Consumer Housing Trends Report (CHTR) that takes a closer look at renters who moved in the past year. They looked at the demographics of the average renter, such as age, location, and civil status. The report paints a picture of what renters are t...

Built-to-Rent Suburbs Might be the Next Big Thing in Real Estate

By Erlin Taylor Tuesday, November 2, 2021

Most people associate the suburbs with starter families buying their first home or older couples whose kids are all grown up and have moved out. In the past, these assumptions would have been undoubtedly true. However, a new trend in real estate is slowly but surely emerging. The...

2021 Apartment Construction Remains Steady

By Erlin Taylor Friday, October 29, 2021

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...

Delays in Rental Assistance Due to State and Local Processing Issues

By Erlin Taylor Tuesday, October 26, 2021

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 ren...

Who is Responsible for the Housing Shortage?

By Erlin Taylor Tuesday, October 19, 2021

Why is there a housing shortage? Many Americans are quick to blame investment banks, large corporations, and institutional housing investors for the shortage of housing. One example of this misdirected blame is the criticism recently directed towards Blackrock, a giant investment...

What Landlords Need to Do During a Plumbing Emergency

By Erlin Taylor Friday, October 15, 2021

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 t...