by Peter Lohmann | Jul 25, 2023 | Property Management Education, Rental Market Trends, Rental Price
Setting accurate rent rates is essential to the profitability of your investment and key to attracting and retaining high-quality tenants. If you charge too much for rent, you could end up with extended vacancies or, perhaps worse, bad tenants. Charge too little and...
by Peter Lohmann | Jul 18, 2023 | Owner Education, Rental Market Trends, Rental Price
Fair market rents (FMRs) in the government sense of the word are calculated by the U.S. Department of Housing and Urban Development (HUD) and are defined as the 40th percentile of gross rents for regular, standard-quality units in a local housing market. Though used...
by Peter Lohmann | Jul 11, 2023 | Fair Housing, Owner Education, Property Management Education, Rental Market Trends
Fair market rents (FMRs) are established by the U.S. Department of Housing and Urban Development (HUD) and are calculated annually. While HUD uses FMRs as a way to determine rental voucher amounts for government assistance programs like Section 8 housing contracts,...
by Peter Lohmann | Mar 23, 2023 | Owner Education, Rental Market Trends
Just because you’re small doesn’t mean you can’t be mighty. There are many apartment amenities that even small apartment buildings can add or enhance to attract new residents. Here’s a run-down of a few popular features to include if you’re looking to draw in more...
by Peter Lohmann | Mar 7, 2023 | Property Management Education, Rental Market Trends, Rental Price
Keeping your rental units filled with existing residents is almost always preferred to sourcing new tenants. But at the end of the day, you own an investment property and it’s in your best interest to ensure it remains profitable. So, how do you balance rent rate...
by Peter Lohmann | Feb 1, 2023 | Owner Education, Property Management Education, Rental Market Trends
No one wants to move in December, and probably not so much in November or January either. It’s the holiday season, it’s cold, it’s dark, and the idea of packing up boxes and, if you’re in the idwest like us, trudging through potential snow, is no one’s idea of a good...
