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
04
Apr
John Triplett's picture

3 Ways Property Managers Can Protect Themselves From Potentially Violent Tenants

3 ways property managers can protect themselves from potentially violent tenants

What property managers and owners can learn from the shooting last year of two property managers in Portland following the eviction of a tenant.

By John Triplett

Rental Housing Journal

The two property managers who were shot by a tenant in their offices in Portland following an eviction late last year, are recovering and doing well according to a spokesman for the company.

The two managers for Guardian Real Estate Services, working at Portland's Cascadian Terrace Apartments developed by Community Development Partners,were shot and wounded by a tenant during an eviction due to behavioral issues in late December, according to reports.

Tue
21
Mar
John Triplett's picture

Why Are Some Property Managers Not Solving Pet Poop Problems?

Why are property managers not solving pet poop problems?

By John Triplett

Rental Housing Journal

If you do a search online for apartments and pet poop problems, there is no shortage of negative reviews from tenants about pet waste in apartment communities.

The growing millennial generation is becoming the largest group of renters in the country. And guess what, more than 70 percent of them are pet owners. The trend toward pet ownership in rental housing is only going to grow.

Tue
14
Mar
Larry Arth's picture

7 Secrets To Keep Tenants Renewing Your Leases

7 secrets to keep tenants renewing your leases

Keeping your tenants happy and renewing their leases is key to keeping your rental housing business and your revenue growing.

Our veteran investor, property manager and blogger shares a few of his secrets here.

By Larry Arth

I learned early on in the landlord business that I had to build a strong relationship with my tenants if I wanted long-term loyal clients for my rentals.

On the other hand, apartment owners and real estate investors who simply look at an investment property as a vehicle where the tenant pays their mortgage and generates them some positive cash flow tend to have tenants who move out annually.

When tenants feel or sense they are nothing more than a revenue stream for their landlord, they tend to move on quickly.

Here is my system:

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.

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