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.

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Tue
21
Feb
The Editors's picture

Being An Ethical Landlord And Running A Profitable Business Are Not Mutually Exclusive

Being an ethical landlord and running a profitable business are not mutually exclusive

In this opinion piece, Heather Buch, owner of Preferred Northwest Property Management in Eugene, writes a guest blog this week saying that being an ethical landlord and running a profitable business are not mutually exclusive.

By Heather Buch

Many people have a preconceived notion that you must be ruthless and heartless to be a landlord these days.

With reports of landlords jacking up tenants’ rents 100 percent, that perception is easy to validate, especially when it contributes to the displacement of up to 10 percent of students in some elementary school districts. That’s a lot of kids losing their best friends and educational stability to greedy owners who are uprooting their communities.

But such owners don’t represent all landlords.

Fri
10
Feb
The Editors's picture

What Is A Professional Property Manager To Do In Portland Housing Crisis?

What Is A Professional Property Manager To Do In Portland Housing Crisis?

The tension between landlords and tenants in Portland's housing crisis can put a property manager right in the middle of crisis after crisis. This week Ron Garcia, a veteran property manager, give us his take on the situation from his point of view.

By Ron Garcia

The Garcia Group

As a professional property manager, I often describe my job akin to a ‘PCB transformer”; my process is to act like an adaptor between the power struggles of owners and tenants

 It’s not uncommon to have sparks fly between the two parties. And like PCB chemicals, the mixture of emotions can occasionally get toxic. Over time however, my antidote has always been that ultimately – like AC and DC currents – we are all going in the same direction: We all desire to maintain a quality living unit at a reasonable rate in a safe community.

Mon
06
Feb

Payment Issues Primarily Send Property Managers To Court

Payment issues send property managers to court most often writes Ellen Calmas in her blog

It’s simple economics. When rents go up, payment issues go up, because it becomes harder for people to afford leasing an apartment.

By Ellen Calmas

For for most typical renters, working class families, recent college graduates, and young professionals climbing the career ladder, qualifying for a new apartment lease just gets tougher as monthly rents increase.

And asking applicants for more money in upfront in security deposits only shows they can come up with that cash, while likely setting them up to be cash-strapped at some point in the lease.

That is why residents often pay rent late or fall behind completely, resulting in unwanted action by community staff who are just doing their jobs in enforcing a lease.

Tue
24
Jan
John Triplett's picture

Are Urban Areas Running Out Of Millennial Renters?

Millennial renters may have reached their peak in urban centers

As apartment rents are peaking and even starting to moderate or decline in some urban areas from Seattle to Denver, and New York to Los Angeles, some experts are asking whether we may have reached “Peak Millennial” status and the number of Millennial renters will begin to decline.

These experts say the urban core renters may have reached the saturation point, and in coming years will stop growing and begin a decline. Their argument is that as Millennials age and start families, they will want to move to the suburbs for more space for housing and better schools than in the urban core.

Tue
17
Jan
Larry Arth's picture

5 Things Property Managers And Landlords Need To Know About Renting To Millennials

What landlords need to know about Millennial tenants photo copyright Eugenio Marongiu via Canva

Landlords, property managers and investors need to understand the Millennial tenant today and what they want in rental housing.

Veteran property manager and landlord Larry Arth talks about what he learned from his daughter and how that applies to his rental properties.

By Larry Arth

Talking with my daughter, who is a Millennial, has provided important insight to me as I have studied this group and its rental housing needs.

It has been almost a psychological journey into my daughter’s era, shedding light on many past conversations with her and her friends about their lifestyle habits.

At the time those conversations were hard to understand and relate back to my real estate business. But now, I understand the necessity of understanding their perspectives for both my real estate clients and Millennials as my base of tenants, so I set out to learn even more.

Thu
05
Jan
John Triplett's picture

3 Big Problems with Rent Control And A Property Management Alternative

Rent control is one of the issues protesters have pushed in Portland

The newspaper in Bend, Oregon, has a strong editorial setting out the “perils of rent control” which is being considered by some in the legislature in Oregon.Meanwhile a landlord and property management organization has proposed an alternative plan.

The editorial does a nice job setting out the 3 big problems with rent control:

Tue
03
Jan
John Triplett's picture

6 Reasons Why Tight-Knit Community Matters To Property Managers

why community matters in resident apartment complexes

A tight-knit resident community can make a big difference for a property manager in handling the many issues that come up in managing a community.

Last month the folks from Buildium.com did a webinar to present a guide they have put together on how to build a resident community.

By John Triplett

Rental Housing Journal

How building and nurturing a resident community culture can help owners and property managers keep tenants loyal to your properties, and help you attract tenants, is the subject of a guide by Buildium.com.

Buildium.com did a webinar last month in which Darcy Jacobson, director of content marketing and Chad Mirmelli, customer success manager, discussed how creating a community culture can be good for business.

Tue
20
Dec
Larry Arth's picture

Landlords Gifts For Tenants Can Create Great ROI For The Holidays

Landlords gifts for tenants can help your ROI

Landlords gifts for tenants can change the stereotype of landlords as money-hungry people who just want their hard-earned cash. Veteran landlord and investor Larry Arth shares his story on landlords gifts for tenants.

By Larry Arth

After I was married 33 years ago, my gift-giving list during the holidays grew exponentially with all the additional mother-in-law, father-in-law, brothers, sisters and even aunt and uncle in-laws. I remember after an exhausting day of shopping and purchasing the final gifts telling my wife, “Whew, glad to have that done.”

Her reply was, “What are you doing for all the tenants?”

Fri
02
Dec
John Triplett's picture

Landlord, property managers bullied and harassed over rent increases

Landlord and property managers have been bullied by tenant activist protesters in Portland

Tensions are rising between landlords and property managers, and tenant activists. Landlords and managers have been bullied over rent increases. And they face unpleasant demonstrations from activists as Portland struggles with a shortage of housing and rapidly rising rents.

By John Triplett

Rental Housing Journal

A Portland landlord says he and his property managers have been bullied and intimidated over rent increases after he purchased a small apartment building and had to raise existing rents to afford his new mortgage payments.

He said demonstrators have picketed his personal residence. The have placed notices on the doors of neighbors, camped overnight on his lawn, defecated on his lawn and marched into his property managers’ offices scaring the staff, according to his spokesman, John McIsaac. 

Fri
02
Dec
John Triplett's picture

The Housing Crisis Is A Problem The City Helped Create

A landlord's view on the Portland housing crisis

Landlord Landon Marsh provides this editorial opinion on the housing crisis and his thoughts on the recent controversy between his rental increase, his property management company and the tenant activists. See the full background and story here.

By Landon Marsh

Portland Landlord

When I read Oregon State Representative Tina Kotek’s op-ed piece, “Oregon's housing crisis too big to ignore, back in October, it stopped me in my tracks. Not because the headline or the overall sentiment was incorrect, but because she has oversimplified a complex issue with nearly Donald Trump-like rhetoric, and that’s just not fair to renters, property managers or building owners.

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