RHJ Blog

The Rental Housing Journal blog features thought provoking information and opinions on the multifamily property management and real estate investing industries. RHJ staff editorial, multifamily executives, top real estate investors, and real world industry subject matter experts share best practices, trends and news about investing in real estate, managing apartments, being a Do-It-Yourself landlord, multifamily technology, apartment marketing, Fair Housing and landlord - tenant law, flipping houses, advancing your career in property management, how to market and sell to property managers and real estate investors, new products and services for property managers, financing investment properties, where to find good tenants, how to hire great property management employees, how to choose vendors, best practices in property maintenance and much more.

real estate investing property management blog
Mon
11
Sep
The Editors's picture

5 Keys To Investing In Emerging Multifamily Markets

Emerging multifamily markets by Vinney Chopra

This week blogger and veteran investor, Vinney Chopra, talks about how he identifies emerging multifamily markets for his real estate investing. 

By Vinney Chopra

I think it is critical to a multifamily investor to choose the “right” multifamily apartment complex to acquire.

One of the most critical aspects of this is to find the right emerging markets. I am diligent in my exploration of opportunities in markets where jobs and local economies are expanding. I will take six months to a year to do the research to determine an emerging market.

What is one key?

I follow the jobs.

What are emerging multifamily markets?

Emerging multifamily markets are metro population centers in the U.S., and around the world, where there is a strong demand for housing. And, properties are significantly increasing in value.

In these areas, more jobs are being created and where you have more jobs, you have more people.

Mon
21
Aug
The Editors's picture

What Is A Landlord To Do Now In Seattle?

Business woman checking credit now hat is a landlord to do now in Seattle blog by David Pickron

3 Actions A Landlord Can Start In Seattle With Without Using Criminal Background Checks

What can a landlord or property manager do to protect themselves now that there is a new ordinance coming in Seattle that bars landlords from using criminal background checks in screening tenants?

The Seattle City Council has passed an ordinance 8-0 to bar landlords from using criminal records to screen tenants based on past arrests or criminal convictions, with the exception of sex offenders.

Tue
01
Aug
The Editors's picture

My Multifamily Investing Philosophy And How I Do It

Multifamily investing with Vinney Chopra blog

This week we introduce a new blogger, Vinney Chopra, with many years of experience in multifamily investing who is dedicated to education and teaching others what he has learned in more than 35 years of real estate investing.

By Vinney Chopra

I want to discuss with you my investing strategies, my philosophy, and how I got started in real estate investing..

When I started out investing in real estate, I used to believe in single-family homes.  I started buying them about 30 years ago. I also bought a multifamily home back then.

As I became more exposed to the knowledge and the specific benefits of commercial real estate, it really changed my thinking process. When I got to know more about multifamily investing - or what you may call apartment investing - it really started to make sense to me.

Fri
14
Jul
The Editors's picture

Why Is The Internet In Apartment Complexes So Bad?

Why is the internet in apartment complexes so bad? Can a multifamily internet system with wifi installation be the ticket?

Sponsored Blog

Can A Multifamily Internet System With WiFi Installation Be The Ticket?

By Hart Steen

 

Mon
03
Jul
John Triplett's picture

Top 3 Biggest Stressors For Property Owners And Managers in 2017

3 top stressors for property owners and managers

In a new survey of 700 rental property owners across the country, maintenance repairs and replacement continues to be the biggest stressor overall for property owners and managers, according to Buildium.com.

Overall 61% of respondents reported maintenance and repairs as stressful, compared to 62% last year, according to the survey.

“It is clear property owners are struggling with both maintenance and tenant management,” Darcy Jacobsen, content manager at Buildium.com said during the webinar about the property owners perspective survey.

“If you are an owner and you are struggling with these issues you are not alone.

“If you are a property manager these are things you might want to bring up when you are trying to win more business, or emphasize in your marketing materials, or when you are talking to owners,” Jacobson said.

Mon
26
Jun
The Editors's picture

Fewer Renters Think It Is A Good Time To Buy A Home

Few renters think it is a good time to buy a home

A new survey shows fewer renters think it is a good time to buy a home and they are not optimistic about the economy and their personal financial situation, according to a release.

The National Association of Realtors (NAR) released the new quarterly Housing Opportunities and Market Experience survey showing how the morale of renters about buying a home has declined.

 "Paying more in rent each year and seeing home prices outpace their incomes is discouraging, and it's unfortunately pushing home ownership further away — especially for those living in expensive metro areas on the East and West Coast,"  Lawrence Yun, NAR chief economist, said in the release.

Tue
20
Jun
The Editors's picture

Multifamily Employee And Resident Satisfaction Are Tied Together Study Says

The multifamily industry and the importance of corporate responsibility in new benchmark study

It is becoming more important than ever that a multifamily company be seen as being socially responsible, much as Google says “Don’t be evil,” according to a new benchmark study.

Corporate social responsibility is now an expanding concept, according to ManagInc’s new study, and includes caring for all stakeholders, including everyone who has an impact on a multifamily company’s success from employees and suppliers to residents and to the communities one does business within. It is especially important to Millennials.

Tue
30
May
John Triplett's picture

Solving The Pet Pee Needs In An Urban High-Rise Apartment

A new company helps solve the pet pee issues in high-rise apartment buildings

How to solve pet pee needs in the middle of the night when you live in a high-rise apartment can be a real challenge. A San Diego start-up company has come up with a unique product that helps both property managers and tenants.

By John Triplett

Rental Housing Journal

As an individual living in a high rise condo or apartment, one can imagine how difficult it can be when your pet needs to go out to pee in the middle of the night.

Tenants don’t have the option of opening the back door to a large grass backyard. It requires getting dressed, leaving the unit, going in the elevator, and eventually outside.

In a city like San Diego that is embracing and building denser multifamily housing, moving from suburban environments to urban neighborhoods creates issues and difficulties for dogs and their owners when they need a grassy spot.

Some dogs handle the adjustment to high rise living without incident. For others, it can be a challenge.

Tue
23
May
Richard Montgomery's picture

Do I Have To Pay For Tenant Housing While I Fumigate Apartments?

Do I have to pay for tenant housing while I fumigate apartments?

An apartment building owner has to fumigate apartments due to termites and wants to know how to handle the issue as well as the tenants. Here are several things to consider say blogger Richard 'Monty' Montgomery.

Reader Question: I need termite fumigation. ​I own property in located in Florida, where termites are a big part of the pest population. I will be selling the five unit building soon, and four units are rented currently. Two of the four units have leases expiring in July. The property has to be tented to exterminate the little buggers. When they fumigate, the building must be empty.

Tue
16
May
John Triplett's picture

Apartment Pet Amenities Draw Millennial Tenants

Pet amenities at Richman Signature Properties include dog parks like this one

Luxury style pet amenities are a new feature that apartment developers and property management companies are putting in place to draw the increasing number of younger tenants who have pets and want to rent.

By John Triplett

Rental Housing Journal

Apartment developers are creating new spaces both inside buildings and outside to build in more pet-friendly amenities and services for tenants.

In a recent interview, Kristen Gucwa, vice president of national lease-up operations at Richman Signature Properties, talked about some of the top pet amenities in their pet-friendly properties in Florida, Colorado and Texas.

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