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
Tue
17
Oct
The Editors's picture

Why Completing All Compliance Training Is Critical To Your Protection

Compliance training is critical to your protection as an owner, landlord and property manger

The Grace Hill training tip this week focuses on the second in the series on compliance training. Compliance training is important for landlords and property managers to keep up with ever-changing rental housing laws at federal, state and local levels.

By Ellen Clark

Once I had a nagging running injury and was prescribed physical therapy.

In addition to sessions two times a week, the physical therapist gave me stretches to do daily, on my own.  Weeks went by and the injury still nagged.

Frustrated, I told the physical therapist, “This isn’t working.”

 Stretches don’t work if you are not actually doing them

She asked if I was doing the stretches every day.

Tue
10
Oct
The Editors's picture

Is Your Property Management Compliance Training Working?

http://gracehill.com/

The Grace Hill training tip this week focuses on compliance training and the importance for landlords and property managers of keeping up with ever-changing rental housing laws at federal, state and local levels.

By Ellen Clark

The holy grail of compliance training questions: Is the training working?

Being able to answer the question, “Is my compliance training program working?” requires thoughtful planning, but it doesn’t have to be complicated.

Breaking it down can help, so over the next few weeks we’ll provide a series of tips for structuring a good compliance training evaluation plan.

Measure the effectiveness of your compliance training program using these five simple steps

Tue
03
Oct
The Editors's picture

7 Things To Do The Day You Take Over An Apartment Building

7 Things To Do The Day You Take Over An Apartment Building

Investing in multifamily real estate can be very rewarding, but what happens after you actually close on the purchase and on the first day you take over an apartment building as a new owner, landlord and property manager?

Veteran real estate investor and syndicator Vinney Chopra has developed a landlord’s checklist for taking over that new apartment building asset you may have bought. He starts his checklist a week or so out from the close, and then follows up for four weeks after.

But what do you need to do the day you take over the building?

By Vinney Chopra

7 things to do the day you take over an apartment building

There are plenty of things you need to set up ahead of time. We will cover those a bit later.

 However on the day you take over, here are 7 critical things you need to have in your possession:

Tue
26
Sep
John Triplett's picture

Startup Company Tackling The Rental Property Maintenance Toothache

Startup Company Tackling The Rental Property Maintenance Toothache

A new company is tackling the rental property maintenance challenges that face many landlords and property managers every day in managing rental housing.

In an interview with Rental Housing Journal, Keepe Co-founder and CEO Rishi Mathew discussed the primary research that led him to start the company, currently operating in Seattle and Phoenix, and provided a question and answer about the company.

In doing the primary research on rental property maintenance, “We had more than 400 different conversations with property managers, contractors, consumers and tenants,” Mathew said.

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.

Pages

Subscribe to RSS - RHJ Blog