Nationwide

Wed
08
Aug
John Triplett's picture

Portland Rental Property Owners Plan To Fight City Hall And State

Portland Rental Property Owners Plan To Fight City Hall And State

Portland rental property owners, managers, builders and building suppliers feel they are under attack from Portland City Hall and the Oregon Legislature and have mounted a campaign against proposed regulations.

The group has launched a website called More Housing Now! in support of more housing for all income levels and to “provide a voice of reason” on the issues.

Tue
07
Aug
The Editors's picture

What Are The Best Window Coverings For Your Rental Property?

What Are The Best Window Coverings For Your Rental Property?

Window coverings for your rentals can be important in attracting tenants, so the maintenance checklist from Keepe this week looks at three basic types of window coverings.

It can be difficult to choose the best type of window covering to complement a space while being easy to maintain and practical for tenants with the new technologies, decor styles and trendy materials always changing things up

This week, we will go over the more common kinds of window coverings that are available for your windows, while including their individual pro’s and con’s to help you pick the one that is truly ideal for your rentla property.

Tue
07
Aug
The Editors's picture

No Fire Sprinklers:13 Dead, Nearly 500 Homeless From 4 Fires In 11 Days

No Fire Sprinklers:13 Dead, Nearly 500 Homeless From 4 Fires In 11 Days

A mother and her five children, ages 2 through 10, were killed in a fire at an extended-stay hotel in Benton Harbor, Michigan, on July 27.

 Several others were taken to the hospital with injuries from the fire at the Cosmo Extended Living Hotel, which was reported about 1:45 a.m. The hotel was built as a Howard Johnson in 1962.

Tue
07
Aug
The Editors's picture

Apartment Jobs Account For One Third Of All Real Estate Jobs

Apartment Jobs Account For One Third Of All Real Estate Jobs

A new report from the National Apartment Association says apartment jobs across the country account for one-third of all the real estate jobs in the nation.

In Portland it is even higher.

Apartment jobs in Portland represent 54 percent of all the real estate jobs in the metro area according to the report which ended with the second quarter in June.

Apartments remained a favored asset class for investors and have regularly out-performed other real estate sectors during this cycle.

Continued strong demand for apartment jobs especially property managers

Over 71 percent of apartment industry jobs fell within the property management, leasing and maintenance categories.

Property managers, in particular, were in higher demand this year although all sectors witnessed increases thanks to continued strong demand for apartments.

Fri
03
Aug
John Triplett's picture

NAA Study: Barriers To Affordable Apartment Housing In Many Cities

NAA Study: Barriers To Affordable Apartment Housing In Many Cities

Barriers to affordable apartment housing  mean developers cannot get new units off the ground in many cities according to a new National Apartment Association study.

By John R. Triplett

Rental Housing Journal

The challenges developers face in trying to build affordable housing apartments is the focus of the study by the National Apartment Association (NAA), using four key cities as pilot projects.

While developers know the roadblocks they hit in trying to build affordable apartment housing, local city planning officials and city government officials are also aware of the problem, said Paula Munger, Director of Industry Research and Analysis for the NAA, in an interview.

The pilot cities study came from research showing a need for 4.6 million new apartments by 2030.

Wed
01
Aug
John Triplett's picture

Apartment Water Conservation Focuses On Toilets For These Brothers

Apartment Water Conservation Focuses On Toilets For These Brothers

Apartment water conservation – which provides a quick return on investment for apartment owners and property managers – is the passion of two brothers who have become the toilet “property brothers” of the multifamily industry.

By John Triplett

The story of two brothers’ latest project, at the Silverbrook Apartments in Grand Prairie, Texas, is a winner.

It will save the property 36 million gallons of water and more than $365,000 annually, representing a 65% savings in water usage and cost, and an eight-month return on their investment.

Lawrence Lamondin, left in blue shirt, and brother Richard.

And It will save the tenants money on their bills, too.

Wed
01
Aug
The Editors's picture

Portland, Seattle Apartment Rents Lag As Other Metros Increase For Sixth Straight Month

Portland, Seattle Apartment Rents Lag As Other Metros Increase For Sixth Straight Month

The national apartment rents index is up 0.1 percent month-over-month in the peak of the rental season, marking the sixth straight month of increasing rents, except in Portland and Seattle where rents have declined slightly, according to Apartment List.com.

Year-over-year growth now stands at 1.2 percent, lagging the rates from the two prior years.

“While rents were increasing at a fairly fast clip over in May and June, things cooled off in July with a modest 0.1 percent month-over-month increase,” according to Chris Salviati, housing economist at Apartment List.

Tue
31
Jul
The Editors's picture

3 Types Of Lighting For Your Rentals To Attract Tenants

3 Types Of Lighting For Your Rentals To Attract Tenants

Lighting for your rentals can be important in attracting and keeping the best tenants, so the maintenance checklist from Keepe this week is on three types of lighting.

These days, the sheer amount of lighting options and seasonal trends available on the Internet’s home design boards and websites alone are endless.

Lighting layouts and lighting fixtures fall among the categories of interior design that can easily get overwhelming as soon as one starts exploring what is available, or “in” lately.

In most cases, choosing over-the-top statement pieces, trendy or poorly planned layouts can lead to wasting hundreds of dollars on items that will quickly become easily damaged, faulty or simply unpractical for tenants.

This week’s post will overview the important bits about lighting - listing the available types and layouts that it’s actually useful to know about and opt for accordingly for your rental property

Mon
30
Jul
The Editors's picture

Portland Requires Landlords List Rental Properties In Annual Business Tax Filings

Portland Requires Landlords List Rental Properties In Annual Business Tax Filings

Portland landlords will be required to register the addresses of all rental properties for a citywide database beginning with the 2018 tax year, the City Council voted.

“A rental registration system will benefit current and potential tenants by giving the city access to real-time data, which will help direct policies to better address Portland’s housing crisis,” said Mayor Ted Wheeler in a press release. The program, called the Residential Rental Registration Program, also allows for routine health and safety inspections of leased properties.

“Quality data in our rental system is something that tenants and landlords have been asking for,” Wheeler told Oregon Public Broadcasting.

Thu
26
Jul
The Editors's picture

Multifamily Smoke-Free Policy Deadline For Public Housing

Multifamily Smoke-Free Policy Deadline For Public Housing

 Implementing a multifamily smoke-free policy is recommended by HUD so the Grace Hill training tip of the week focuses on helpful ways to do this in your property.

By Ellen Clark

All public housing agencies must have a multifamily smoke-free policy in place by July 31, 2018, according to the U.S. Department of Housing and Urban Development (HUD) rule based on a rule passed in late 2016.

HUD had allowed time for implementation of the smoke-free policy and this rule now applies to all public housing except dwelling units in mixed-finance buildings.

While the rule applies to public housing agencies, HUD strongly encourages all multifamily housing owners and agents to implement smoke-free policies in all their properties.  

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