“Just as predicted, it’s now happening. Not a big surprise. With expensive land cost and higher permit and preconstruction costs, increase material cost and higher interest rates, this was the perfect formula for a slowdown for multifamily.” U.S. multifamily construction starts dropped sharply in May as the industry copes with economic and tariff uncertainty, as well as elevated interest rates.…
“This is a wonderful “sweet & short” summary of how to be great in the most basic, but KEY elements of Property Management business…” As a rental property owner, your first instinct is to use a hands-on approach. You want to manage all your assets with your very own teams. But as your portfolio grows, that ambition may become a…