Property Management 101: Things To Avoid
Plenty of optimistic young professionals out there are excited about their careers as property managers. You might be one of them. In some ways, the timing couldn’t be better for landlords and property management companies. Why? Renting is in. Richard Florida at CityLab detailed the steady rise of renting in the US back in 2016. Then, one year later, experts at the Pew Research Center published a report declaring that more US households are renting than at any point in 50 years. That’s big news and big business.
Domestic renting is skyrocketing right now for many reasons. Demographic shifts coupled with the ongoing affordable housing shortage are two main factors. Forbes contributor, Ellen Paris, explained the trend in her recently released predictions for real estate. The most popular cities and tech hubs (such as New York, San Francisco, and Chicago) are the most competitive when it comes to real …
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