Property Management

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Signs of Trouble

It is challenging enough to own and manage multifamily assets in this era when rental increases are marginal and expenses such as real estate taxes, property insurance, utilities, payroll, and other variable costs continue to increase. Dealing with rent delinquencies only makes matters worse. More

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Keep a lid on operating expenses

Rising operating costs, coupled with years of weak rental demand in many markets, have put pressure on property managers to look for ways to help apartment owners who have been pinched by property expenses. More

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Lead paint a growing risk:

Everyone in the apartment business is aware that chipped, flaking lead paint presents a health hazard. Recent studies show that essentially any amount of lead is harmful to a child’s brain. Even tiny amounts seem to have strong effects. More

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