Of Interest
Renting is now cheaper than owning in all of America’s 50 biggest metro areas
June 4, 2024
Renting may be cheaper, but in some demographics its more desirable than owning. Thanks to rising home prices and elevated mortgage rates, it’s now cheaper to rent than it is to buy a home in all of America’s biggest metropolitan areas, according to a new report by Realtor.com.
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Creating the Optimal onboarding Experience
May 6, 2024
How to bring on new multifamily staff. This story lays our five critical steps. A proper introduction to the lay of the land. Appropriate training. Opportunities for growth. An onboarding checklist. Ask for feedback. But you still have to tool the process to the job and the person. The goal is for new hires to...
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How Pets Can Drive Revenue
May 3, 2024
Fido isn’t just a pet. Fido is a member of the family, even in a multifamily environment. But Fido can help boost the bottom line, too. Fees‑ Most pet-owning residents are happy to pay a reasonable fee in exchange for having their pet or pets live with them. Resident diversity (and a larger pool of...
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There’s a Generational Shift Toward Renting
May 1, 2024
A Knightvest survey says the higher costs of homeownership was the most cited downside to owning a home, with 62% of respondents indicating this was the No. 1 reason why they chose to rent instead of own. Just over half (51%) of renters say that lower maintenance and repair responsibilities was a major draw toward...
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