News, views and industry trends

What are occupancy costs?

Occupancy costs, also known as occupancy expenses, typically account for 35% to 50% of operating expenses for multifamily properties. These costs include rent, utilities, maintenance, property taxes, and insurance, making them a significant portion o…

How to handle difficult tenants

Dealing with difficult tenants can be one of the most daunting tasks for property managers. From late rent payments to property damage, noise complaints, or even legal disputes, the challenges presented by troublesome tenants can disrupt the harmony …

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