Gone are the days when leasing an apartment felt like running a marathon—one that could leave even the most dedicated teams gasping for air! With a ton of tasks from fielding inquiries to juggling tours and wrangling applications, leasing pros often find themselves in a whirlwind. But fear not! AI workflow automation is here to sprinkle some magic on the leasing game, turning chaos into calm.Zooming Through the Lead-to-Lease AdventureAI tools are ...
Ecoclearsolutions.net
At EcoClear Solutions, we pride ourselves on providing reliable
valet trash services
for apartments across the Dallas Metroplex. With years of experience in the waste management industry, we specialize in eco-friendly valet trash solutions designed to enhance convenience...
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Waffle House is a favorite guilty pleasure for many of us. (I love a sausage, egg, and cheese grit bowl. Drop your favorite dish in the comments.)They have iconic subway tile on the walls with a black and white checkerboard border as decor. I have it seared in my brain from the many visits I have across multiple states to the "awful waffle" over the years. Can you picture it? So in your rental units many a customer has served up t ...
Anyone work at a non smoking community where management/ owners-refuse to enforce policy? We have received photos of residents smoking thru out the property yet they don’t want us to send violation letter or fine and won’t change policy to a smoking accepted community.
Good morning wonderful professionals, I hope everyone is well. Now that the tariffs are live, let’s dive in the real estate components that will be effected.
New tariffs on essential construction materials are expected to drive up costs for both residential and commercial projects. Materials such as aluminum conduit, structural steel, lumber, and steel decking have already been experiencing inflationary pressures, with price increases of up to 12.5%...Good morning wonderful professionals, I hope everyone is well. Now that the tariffs are live, let’s dive in the real estate components that will be effected.
New tariffs on essential construction materials are expected to drive up costs for both residential and commercial projects. Materials such as aluminum conduit, structural steel, lumber, and steel decking have already been experiencing inflationary pressures, with price increases of up to 12.5% for aluminum and 11.2% for steel decking over the past year. These additional tariffs are expected to further compound these rising costs, making construction more expensive across the board.
The impact on material costs is projected to be significant, with tariffs adding another 8–30% in expenses. As a result, steel decking could see cumulative price increases of up to 29.2%, while lumber costs may rise by 23.8%, according to industry reports from Construction Dive and NAHB. For residential construction, this could translate to an added $17,000–$22,000 in the cost of building a new home. With affordability already strained due to high mortgage rates and low housing supply, these increases will further challenge prospective buyers and homebuilders alike.
On the commercial side, the tariffs are expected to raise material costs for industrial and office projects by 14–18%, tightening developer margins and potentially stalling new projects. The higher costs could slow overall construction activity, leading to fewer new developments and delays in large-scale projects. As a result, the real estate market may experience reduced housing inventory growth and a slowdown in commercial construction, impacting economic activity and investment in the sector.
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Everyone seems to be talking about Work Place Cultures and how bad they are. A broken workplace culture can be challenging, however it's necessary for the well-being of the team to fix it! By openly acknowledging the issues & working together to find solutions, we can improve morale, trust, productivity, & retention.If you're looking to change the culture, here are some tried and true methods that can help you make a positi ...
Social media has never been more powerful. With its unparalleled reach, it connects, entertains, informs, and builds relationships. As the world changes, so does the way people interact online. If you want your social media content to remain relevant, you need to understand the shifts in user behavior and tailor your content to meet today's needs. Whether you're a property manager, owner or developer, here are some tips for connecting with renter ...
Revenue-Generating IPTV for Multifamily: Harnessing Bulk Stream Technology in 2025As the demand for seamless, high-quality entertainment continues to rise, multifamily property owners are discovering a golden opportunity to enhance resident experiences while boosting their bottom line. Enter Revenue-Generating IPTV for Multifamily—a cutting-edge solution leveraging the latest bulk streaming technology to deliver premium television services across ...
Struggling with low occupancy, resident retention, or expense management in multifamily? It’s time to rethink your approach. In this video, Steven from Chasing Tomorrow reveals why focusing on process—not outcomes—is the key to sustainable success and great teams. Learn how the words you use shape your team’s focus and how a simple language shift can transform your KPIs. Here’s what you’ll discover: Why obsessing over outcomes like leases and...
Asking for a friend. What would be your best advice to someone who is starting a new lease up as a Manager with no lease up experience?
Curious: are you seeing a higher demand for luxury living in multifamily or a more simple - efficient workforce housing within your local market? What sector do you prefer as you are building your company's portfolio?
Good morning wonderful professionals, I hope everyone is well. The latest maturity data from MBA recently shows $4.8 trillion in outstanding commercial real estate mortgages, nearly $1 trillion is set to mature in 2025, with majority including MF and office loans.
Last year’s report indicated that $575 billion in loans were set to mature in 2025, whereas this year’s report shows $960 billion—an increase of $385 billion. This suggests that a...Good morning wonderful professionals, I hope everyone is well. The latest maturity data from MBA recently shows $4.8 trillion in outstanding commercial real estate mortgages, nearly $1 trillion is set to mature in 2025, with majority including MF and office loans.
Last year’s report indicated that $575 billion in loans were set to mature in 2025, whereas this year’s report shows $960 billion—an increase of $385 billion. This suggests that a significant portion of the commercial real estate (CRE) mortgages originally due in 2024 have been extended into 2025. In fact, of the $930 billion in CRE mortgages set to mature in 2024, 41% were pushed forward, mirroring the trend seen in 2023 when a similar proportion of loans were extended into the following year.
The question now is how much longer these extensions will continue. While prices are beginning to stabilize or, in some cases, recover, many property owners will face significant equity losses as these loans come due. However, as more of these extended deals eventually hit the market, prices will likely be more stable, allowing distressed market buyers to better assess their downside risk and participate more actively. This shift should drive higher transaction volumes throughout the year. Blood in the water?
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Strategic planning, excellent systems, successful marketing, and a growth-oriented mindset are all necessary for scaling a real estate brokerage business. The following thorough guide will assist you in growing your brokerage:Create a clear strategy and visionEstablishing a clear vision of your current state and desired future state for your brokerage, as well as the course (strategies) you will follow, is essential before beginning any scaling a ...
When California law Assembly Bill (AB) 2801 goes into effect this spring, onsite and maintenance teams will face additional complexity regarding move-ins, move-outs, and security deposits.The mandate requires landlords to take photos of rental units before and after a tenant moves in. The law also requires landlords to provide these photos to tenants along with any itemized deductions.As we in the industry know, what starts in California often qu ...