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Many industries throughout the marketplace have changed their practices in response to developments in technology, but real estate, including property management is still largely stuck in the past. On-demand app development is making access to services easier than. Artificial intelligence and the Internet of Things are connecting us in new ways every day. It’s clear that taking advantage of…

Multifamily housing has always been a good investment. Investors have generally loved this sector. Performance In 2018, multifamily vacancy rates (for class B & C) have been below 6% while class A properties are about 9%. More and more investors are closing watching multifamily properties, particularly in B & C classes. These classes can maintain if…

Office workers seem to have a harder time concentrating at work then do remote workplace workers. Google’s Work Environment Look at Google’s offices. Have you seen these crazy offices? Lounges, tree house type cubicles and hammocks. It looks like a fun place to work but the question is, does that environment and money produce anything…

Recent Study A recent study shows that about 25% of property managers are optimistic about the future and 47% are somewhat passive and 28% are negative. For those negative 28%, the biggest issues are overworked, underpaid and stressed by the demands of the clients, which are ever increasing. People Challenges Many property managers are keeping…

Rent Control Advocates If you do any amount or reading or watch any news, advocates are everywhere and for every cause. Some good, some not so good. Rent control is no different. There are advocate groups pushing for rent control. A recent defeat in CA had set the rent control push, a few steps back.…

Offering Pet Friendly Amenities With so many households owning pets (est. 70%), offering pet friendly amenities will attract a larger pool of potential renters. These pets are ‘children’ to these families and if you are willing to show some ‘love’, property managers might just reduce your vacancy rate. Being a pet friendly place can be…

Oh, the joys of working remote (aka:telecommuting). Flexible travel, hours, locations all have an enticing draw to them. With improved technology, working remote is now possible whereas a decade ago, it wasn’t. But Can You Handle it? Everyone is different. From extroverts to introverts to emotionally needy individuals to the secure and insecure to the…

Real Estate Investors Need to be aware of which markets are experiencing strong population growth. Having this knowledge will help you decide where to put your real estate dollars.   Top 20 Long-Distant Destinations States About PropertyZar PropertyZar is a real estate technology company specifically in the web-based property management software for owners and professional property managers. Read more Top Property Management Blogs.

Depends on what type of investor you want to be. Profits are made in both scenarios but choosing the right strategy depends on several key factors. Consider your age, need for cash flow, retirement goals and many other factors. Holding Properties Buying and holding properties usually are for longer term investments for the purpose of cash…

There is no argument, technology has changed the landscape of nearly every industry in the world. That includes property management. There are many positive outcomes from technology but also some downside. So, should you abandon technology and go back to a more one on one personal relationship with your tenants? In short, No! However, there…