There are numerous ways to add financial value to a multifamily property. However, adding financial value to a property does not have to include a capital expense.

Ways to Add Financial Value for Little to No Cost
1. Never include utilities in the rent at your properties, ever - Even just one...

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As we start another day in the multifamily industry, helping owners and residents please consider also helping your community by giving blood. One thing is for certain, you have either needed blood in the past for a surgery or you or someone you love may need blood in the future.

A simple few minute can save lives!

Multifamily Industry Life Hack - So remember when you were a child, and you’d fall while jumping on a trampoline and all your friends wouldn’t stop to let you up.

They instead would keep jumping just so you couldn’t get back up.

So, that’s going to be all your competitors in your adult...

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How have you revised your “survive till ’25” mantra & strategy this year?

Halftime is over, as the industry enters the third quarter, it is grappling with an acute, ever-murkier question: Can it turn the corner in 2024?

Bisnow spoke to 61 real estate executives to find out how they are...

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The pipeline of new multifamily units is about to go off a cliff as new construction projects have been shelved. This means rents will likely be increasing over the next 1-4 years per Jamison Manwaring, the co-founder & CEO of Neighborhood Ventures, a real estate investment platform that is offering...

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U.S. Home Purchase affordability directly influences multifamily rental property rents and values. In 2023, only 16% of homes were affordable in America, falling from 21% in the year before.

An affordable listing was defined as one with a monthly mortgage payment no more than 30% of the median monthly income of that county. Below, we show the share of affordable listings in the 97 biggest U.S. metropolitan areas by population:

Although mortgage...U.S. Home Purchase affordability directly influences multifamily rental property rents and values. In 2023, only 16% of homes were affordable in America, falling from 21% in the year before.

An affordable listing was defined as one with a monthly mortgage payment no more than 30% of the median monthly income of that county. Below, we show the share of affordable listings in the 97 biggest U.S. metropolitan areas by population:

Although mortgage rates may decline over the year if the Federal Reserve cuts interest rates, it may not be enough to boost the supply of affordable housing.

That’s because rates may not fall sharply enough to undo the “golden handcuff” effect, where homeowners are reluctant to sell to hold on to their low mortgage rates. Adding to this, home construction has fallen significantly since the global financial crisis. During this time, home builders and lenders became increasingly cautious, leading home construction to drop 55% between 2006 and 2021.

Although mortgage rates may decline over the year if the Federal Reserve cuts interest rates, it may not be enough to boost the supply of affordable housing.

The good news is that new-home construction is forecast to increase in 2024, with single-family housing starts projected to grow 4.7%. Show more

This seems so much like high school economics 101, yes more supply drives prices down. The chronic undersupply of housing of all kinds is the fundamental reason for high rents.

We did not get to this scenario overnight; it took years of policy decisions at multiple levels of governments to get here. At this point we will not get out of this for years to come.

Does Building New Housing Cause Gentrification? - Bloomberg

To many people, new home construction is synonymous with gentrification. But a new analysis reinforces how more supply drives down housing costs.

$0.93 Cents of Every $1.00 Collected Cover Operational Expenses for Owners.

Just 7 cents are returned as profit for property owners, according to research from the National Apartment Association’s Dollar of Rent report.

Profit: $0.07
There is a common misconception that rental housing providers...

This can also include calculating the future cost of your indecisions due to sticking with the status quo because of fear of change/process management or fear of leaving a comfort zone.