Property Management Blog

How to protect your packages from Porch Pirates

By Elisha Heebner Friday, December 17, 2021

The pandemic has led to a phenomenal surge in online shopping which means that home deliveries of goods from groceries to electronics and other items has skyrocketed. Of course, this has also led to an increase on thefts of home-delivered items which are not well secur...

Home and Apartment Rent Prices: Will They Increase in 2022?

By Mike Lautensack Friday, December 17, 2021

We have seen rental prices jump over 10% in 2021. And now we expecting to see rental prices increase 7.1% in 2022.

CHANGING THE GOVERNING DOCUMENTS OF A HOMEOWNERS / CONDO ASSOCIATION

By Elisha Heebner Thursday, December 9, 2021

I often get asked by an Association’s Board (the “Board”), how can we change our governing documents, including the Rules and Regulations, By-Laws, and Declaration.Before I address these questions, let us define what the governing documents are and what they con...

Zillow’s iBuying Failure: What are the Lesson Learned Every Real Estate Investors Needs to Know!

By Mike Lautensack Tuesday, November 23, 2021

Zillow iBuying Program FailureThis month real estate portal Zillow announced they would lay off 25% of the workforce and shut down their iBuying arm after taking millions in losses.LessonsReal Estate Prices - They had a hard time predicting prices – did not buy enough homes...

National Rental Rates up 11.5% - Rental Rate Increases are at a all time high for the last year!

By Mike Lautensack Monday, September 20, 2021

Rents are up 11.5% nationally for the last yearThis is the first month on record where rent growth has reached double digitsMonthly rent growth is now 1.6% per monthRent growth now outpaces home price growth of 8.6%The median rent was $1,633 nationallyThis translates to...

Consider These Factors Before Making Your Move to Philadelphia

By Mike Lautensack Wednesday, September 15, 2021

Moving to a new city can be complicated. It's a huge decision to make, requiring both physical and mental preparation. Many people think about relocating to Pennsylvania. Philadelphia, in particular, is popular for its relative affordability, ease of transportation, and abund...

Navigating the Resident Portal

By Mike Lautensack Friday, September 10, 2021

After receiving many questions relating to paying fees online, accessing HOA documents and forms, and how to contact the manager of the community, I have decided to put together this brief, yet detailed, tutorial on how to navigate the resident portal. Just about everything relat...

HVAC Mistakes that Property Managers Make in Philadelphia

By Mike Lautensack Tuesday, September 7, 2021

There are plenty of ways to lose when it comes to HVAC systems in Philadelphia. That’s why it’s important to be aware of mistakes that HVAC managers make. Read this quick list of HVAC mistakes that property managers make in Philadelphia to help you save money in ...

Fire! What Now?

By Paul Joslin Thursday, August 26, 2021

Fire. It’s a natural disaster that can happen for any reason. What steps need to be taken during and after a fire or other disaster hits your house or building? Even before the unexpected occurs, what should you do to prepare yourself?The number one priority is...

Update: Rental Rates up Over 10% and Real Estate Prices up 18%

By Mike Lautensack Wednesday, August 25, 2021

Rental rates continue to accelerate and are up over 9% for 1 bedroom and 11% for 2 bedrooms. Real estate prices are also moving much higher and single family homes are up over 18% nationally. It continues to be great time to be a real estate investor.

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