2019 is a great time for rental property owners as rental prices have increased by 3.2 percent over the past year. However, as a landlord, renting to the wrong person can increase maintenance costs and disrupt your cash flow. Dealing with difficult tenants worries most landlords, which is why it’s essential to take certain steps to ensure you rent your property to the right person.

The landlord-tenant relationship is often strained and difficult to navigate due to constant disputes. These disputes are stressful for both the landlord and the tenant, severely impacting their peace of mind. The majority of disputes that occur between the two parties are largely due to a breach of obligations.

Last year, the United States incurred an estimated $52 billion loss due to natural disasters. Floods and flash floods accounted for over 5% of these losses.

Real estate and property management are some of the fastest-growing industries in the US. The $73 billion property management market includes over 200,000 businesses and employs more than 800,000 employees!

Project management is just not the same as it used to be twenty years ago. Since the industry has seen significant changes, there have been shifts in the roles and requirements of project managers as well.

Earlier this summer, the Albany State legislature passed a bill that would transform the lives of New York City tenants as they know it. On 14^th June, the Housing Stability and Tenant Protection Act of 2019, commonly referred to as universal rent control, made the lives of more than two and a half million tenants in NYC significantly better.

Have you decided to renovate your property? That’s a brilliant idea! Not only will it improve the aesthetics of your home, but it will also increase its market value. It’s a win-win!

The most common factor that can jeopardize a construction project is the breakdown of communication. Client/manager and manager/worker communication play a critical role in a project’s outcome; any gap can lead to losses in the thousands of dollars, if not millions!

Today’s real estate market is doing pretty okay, but that doesn’t mean you can’t go big in the world of real estate. Land is an extremely valuable asset and with the right tips and tricks, you can double, triple or even quadruple its price!

Real estate investment has undoubtedly made many Americans rich but it comes with its fair share of risks.
If you’re new to the world of property management, construction development or real estate investment, then here are some tips to get you started.