It’s easy to hit your numbers when times are good. But for multifamily pros navigating the fallout of COVID-19, 2020 has been about finding ways to maximize net operating income (NOI), even when times are tough.
by Randolph TaylorThe National Multifamily Housing Council reported that 79.3 percent of surveyed households made a full or partial rent payment by August 6. That’s slightly better than last month’s 77.4 percent, and just shy of the August 2019 level of 81.2, according to NMHC’s Rent Payment Tracker .
by Randolph TaylorWhile COVID-19 has slammed many parts of the economy, suburban apartments are performing well for one company.
by Randolph TaylorIf you live in a property covered by the CARES Act, landlords can now legally ask you to leave and start charging late fees, but the soonest they can legally file an eviction to force you to leave is Aug. 24.
by Randolph TaylorAn online real estate database company just released new figures showing that renters’ preferred location is tiling toward the suburbs.
by Randolph TaylorMultifamily real estate has proved its mettle as a top-performing asset class. A big part of its recession-resistant nature lies in the resilience of housing and the basic need for shelter.
by Randolph Taylor