AirBnB’s launch in 2008 was exceptionally disruptive to the hospitality industry…but it didn’t stop there. By providing a new vehicle for homeowners to offer temporary housing to paying guests (a need formerly satisfied only through the hotel industry) the market quickly…
One of the best ways to maximize profitability for multifamily residential properties is high resident retention. When units turn over, you pay for turning the unit over, additional marketing, labor / leasing commissions, and vacancy loss…this can easily add up to $4,000-6,000…
Necessity is not only the mother of invention, but also rapid adoption. There’s no question the events of the past two years have had an impact on all of us. During these unprecedented times, businesses have had to pivot, re-think and re-create their business models. The…
Bottom line: Your residents’ happiness affects your community’s reputation. Residents who feel safe and secure, have access to useful amenities, and know that property staff truly care for their well-being, are the happiest residents. These residents will sing your community’s…