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We're thrilled to share that our very own Olivia Vale was recently featured on Fox 7 Austin news! Olivia's insights and expertise in the current rental market are making waves, and we couldn't be prouder. Tune in to hear Olivia discuss the latest trends and tips for navigating today's rental landscape. Whether you're a renter or a property owner, her valuable advice is a must-hear. Way to go, Olivia! Keep shining and leading the way! #TeamSpotlight #RentalMarket #RealEstateExpert #ProudTeam #LocalNews #fox7news #austinrealestate.

Winter is the season to focus on retention, and this year, the challenge is bigger than ever for multifamily operators. With new competition rising and renters eyeing homeownership, keeping residents happy is key. Here are five creative strategies to help properties build loyalty and keep residents engaged through the colder months. https://lnkd.in/eU7hAhzu

Winter is the season to focus on retention, and this year, the challenge is bigger than ever for multifamily operators. With new competition rising and renters eyeing homeownership, keeping residents happy is key. Here are five creative strategies to help properties build loyalty and keep residents engaged through the colder months. https://lnkd.in/eDihT5JA

Louisville, Kentucky, has recently emerged as the U.S. apartment market with the fastest increasing rents. Over the past year, apartment rents in Louisville have risen by an average of 4.9%, significantly surpassing the market's 10-year average of 3.4%. This robust rent growth is driven by a slower pace of new apartment completions and strong rental demand. Around 2,800 units were completed in the past 12 months, a more modest expansion compared to many U.S. markets. Additionally, Louisville has seen 2,500 newly occupied units in the last year, outperforming national averages. South Jefferson County, with nearly 26,000 units (28% of Louisville's total inventory), experienced a 5.6% rent increase over the past year despite a slower pace of completions. Looking ahead, high interest rates are expected to slow new rental housing projects, likely maintaining strong rent growth in Louisville for the next 18 to 24 months.

When I bought my first rental, everyone said, "California doesn’t cash flow. It’s an appreciation-only state." That was the conventional wisdom back then, and it still is today. One of the most common metrics to estimate cash flow potential is the Rent to Price Ratio (RTP). You get it by dividing the sale price by the monthly rent. So, when RTP goes up, cash flow goes up too. It's not a flawless measure, but you get the idea. But here’s the thing—very few things are truly impossible, especially if you’re willing to get creative. My rental portfolio is entirely in the Los Angeles market. When we started our rental journey, we wanted our first property in an area we knew (we lived in LA then) and we wanted it to cash flow. Otherwise, it wasn’t worth the risk for us. So, we got creative. We looked at duplexes, traditional multifamily homes, affordable housing complexes, you name it. Eventually, we came across co-living, or renting by the room. Here’s the short version: we bought our first single-family home (3 beds, 2 baths with a detached ADU) and rented it out by the room. It turned out to be less of a headache than we anticipated, and we were immediately cash flow positive month 1! Fast forward a couple of years, we acquired a few more properties and kept using the rent-by-the-room model. The lesson? Don’t let conventional wisdom stop you from figuring out how to cash flow in markets you like. #realestate #multifamily #coliving #propertymanagement

🏠 Discover the keys to maximizing tenant retention in multifamily properties! Our latest article delves into actionable tips and strategies for property owners looking to foster long-term tenant relationships and ensure property stability. From proactive communication to enhancing amenities and services, learn how to create a thriving community within your multifamily property. https://lnkd.in/ggb3nkWh

🔄 Excited to share an insightful article featuring our CEO, Joel Sanders, discussing the latest trend in Nashville’s apartment market: properties offering up to four months of free rent! 🏙️ As the real estate landscape evolves, opportunities like this provide incredible value for both renters and investors. If you're curious about how these deals are shaping the market or looking for the perfect place to call home, this is a must-read! 📖 Check out the article here and learn more about how you can make the most of this unique moment in Nashville real estate. 🏡 #RealEstate #NashvilleLiving #MarketTrends #FreeRent #Apartments #PropertyManagement #HousingDeals #OpportunityKnocks #RealEstateInsights #CEOLeadership #NashvilleApartments https://lnkd.in/e59StZFK

I hope you are having a great week. Here is what you need to know. In the News: LA County Board of Supervisors is working on creating more restrictions on units for Short Term Rentals such as on Airbnb and VRBO. This includes primary residences, restricting the number of guests, include an annual fee of $914, and more. To review details, click the link below: https://lnkd.in/g-RxcQex **Law to be Aware Of: What happens if a tenant has bad credit during the application process? You as a landlord have the right to refuse them or require to pay a higher rent. Here are more details: https://lnkd.in/gY59ksFt General Real Estate Tip: Many are talking about selling their rental units, including my own clients. That may be a good option for most but not all. Some things to look out for as consideration are (1) will it be delivered vacant? and (2) what will you do with the money? Both can play a role in pricing, timing, and strategy. Let me know your thoughts. Thanks for reading and have a great week! **Laws are subject to change without notice and it is advisable to consult the appropriate professionals. . . #housing #rentals #investor #realestateinvesting #buildingwealth #landlord #housingprovider #tenant #abcnews #tips #sellingproperty #1031exchange #losangeles #socal

Exploring the dynamics of property rentals in Chicago, we dive deep with Stephanie, a seasoned expert in the Chicago real estate market. She sheds light on the two prevalent rental approaches: professionally managed large buildings versus privately managed listings. Whether managed by a professional company with full-time staff or an individual through brokerage services, each pathway has its intricacies. Stephanie shares a compelling data point – a 1-bedroom in River North listed at $2,400 a month attracted 35 rental applications, indicating it was underpriced. Her expertise not only covers rentals and sales but also guiding renters to homeownership, a transition she finds fulfilling. For more insights from Stephanie on rental strategies, property management, and expert real estate advice in Chicago, check out the full episode on our YouTube page. #RealEstateTips #Chicago #ChicagoRealEstate #RealtorTips #RealEstateAdvice #RealEstateAgent #MoneyMakingActivities #RealEstatePodcast

🤔 Not sure whether a condo or apartment is best for your living situation? 😉 Here’s what you need to know to make the right decision. 1. The Main Difference Between An Apartment And A Condo An apartment building is a multi-unit complex owned by one individual who serves as the landlord for all the units. A condominium is a multi-unit complex as well, but each unit is owned by a different individual. 2. Other Differences Between Condos And Apartments - HOA Fees And Utilities - Floor Plans And Layout 3. The Pros And Cons Of Renting A Condo - Pros: Are usually in great shape and often include modern upgrades. Owners may be more open to negotiating rent and other fees. Often include great amenities including pools, concierge, fitness centers, outdoor spaces, etc. - Cons: You may be responsible for paying HOA fees or maintenance fees. You may have to deal with an inexperienced landlord. 4. The Pros And Cons Of Renting An Apartment - Pros: Your chances of dealing with a professional, experienced landlord are greater. You won’t need to worry about maintenance. Paying rent is easy as there is likely an online portal to do so. - Cons: Apartments are often small and impersonal. You won’t be able to make any renovations in an apartment. Landlords don’t often allow pets in apartments. Shawn Watson | RE/MAX Northwest ShawnWatson@REMAX.net | (503) 440-2039 ShawnWatson.com #Eugene #Portland #Home #Realty #OregonRealtor #realestate #homebuyers #buyers #home #sellers #homesellers #realty #realestateagent #houses #advice https://bit.ly/3OQlZJ5