How to Prepare Your Apartment Property for Freezing Temperatures
The summers may be getting hotter, but the winter and early spring seasons still bring icy cold temperatures. Apartment owners need to make the necessary preparations to protect their properties before the freezing temperatures arrive. Otherwise, it could result in property damage and personal injuries. It was not too long ago that Texas experienced freezing […]
Essential Tips for Winterizing Your Multifamily Property
Winters can bring harsh cold snaps, icy conditions, and freezing temperatures, making it essential to properly winterize your multifamily property. Doing so not only protects the building from potential damage but also ensures your residents stay safe, warm, and comfortable throughout the season. Taking the necessary precautions now can help safeguard your property and create […]
Breaking Down the Cost of Renovating a Multifamily Property
There is no fixed price for renovating a multifamily property. If it is an older property, it will usually cost a lot more to renovate than a newer property. Basically, the renovation costs depend on several different factors, such as the following: Age of the structure The number of units Square footage of each unit […]
How to Prepare Your Multifamily Property for Winter Weather
Multifamily property managers and owners must plan and take precautions before the cold winter season arrives. Winters can bring below-freezing temperatures that can cause all kinds of problems on your multifamily property, such as cold tenants, frozen pipes, malfunctioning HVAC systems, poor insulation, and clogged gutters. All these things can lead to unhappy tenants and […]
Why Coworking Spaces Have Become the Most Popular Amenity for Multifamily Properties
There are more self-employed and remote workers than ever before. The digital age allows entrepreneurs and white-collar workers the freedom to work from home in dedicated workspaces away from traditional office space. Multifamily property owners and apartment building owners can turn almost any community space into a coworking space to attract tenants who work from […]
How to Prepare Your Multifamily Property for a Heat Wave
Some people roll their eyes when they hear about heat waves on the news. But what they do not realize is that heat waves are much more dangerous natural disasters than hurricanes and tornadoes. Heat waves have the potential to cause people severe health problems and sometimes even death. The term “heat wave” describes a […]
Why Your Multifamily Property Needs a Dog Washing Station
Did you know that more than 50% of American dog owners reside in the 25 largest metropolitan areas in the United States? If you own a multifamily property in a city or central urban location, you can expect to encounter prospective tenants who are dog owners. Of course, you could decide not to allow pets […]
Everything You Need to Know About Make Ready Maintenance
Multi-family property owners and managers must ensure that the walls, floorings, ceilings, utilities, and appliances of their unoccupied units are in satisfactory condition before renting them out. After all, nobody would want to rent a dirty unit with faulty appliances, electricity, and plumbing. The process of improving the living conditions of an unoccupied unit is […]
The Benefits of Submetering for Multi-Family Properties
Every residential house has an electric meter to measure the amount of electrical power consumed on the premises in real-time. They also have an equivalent water meter for measuring the amount of water usage. Utility companies depend on electric and water meters to accurately calculate a customer’s utility bills at the end of each month. […]