Sergey Shukhat, who runs Zona Capital, LLC, refers to himself as “a stock market refugee.” Growing up in the Bay area, he saw the influx of large corporations and thought he had a future investing in the stock market. But the burst of the dot-com bubble in the mid-90s and the 2007-08 financial crisis made…
Smart locks have made access management easier than ever. Everyone from vacation rental owners to multi-family operators to businesses of all sizes are turning to these new modern gadgets to make access easy and boost security. But there are places where smart locks just don’t fill the bill. Enter wired access control systems. What is…
While there’s always talk about what millennials and other young generations want as consumers, multi-family operators are increasingly shifting their sights to older demographics, specifically Baby Boomers, when it comes to attracting prospective residents. A recent survey by Freddie Mac reports that a whopping five million Baby Boomers plan to rent their next home. This flies in the…
While the term may be new, the concept of home sharing has been around for ages. Dating back to the days of boarding houses, the model has homeowners directly providing lodging—be it a room, granny flat, carriage house or other space—to travelers for a fee. Of course, these days, homeowners (and multifamily operators, too) are…
Quick! If you’re a multi-family property manager, what are your top priorities? Maintaining budgeted occupancy Resolving residential non-payment Maintaining properties Pumping up NOI Multifamily access control Improving the resident experience If you answered “all of the above,” that’s not surprising. Multi-family property managers have plenty of daily demands, each needing immediate attention. That’s why many multi-family…
If there’s one silver lining from the pandemic, many of us now understand how important it is to be adaptable and flexible. Take a look at these now-familiar coping strategies that helped us adapt to our new normal during lockdown and the months that followed. Property managers, vacation rental owners, and commercial building companies pivoted,…
