Posts Tagged ‘NOI’
5 Pros To Using Revenue Management Software In Multifamily By Justin Coleman
With occupancy on the rise throughout the nation, apartment rental rates are approaching record highs. In order to maximize the monthly NOI in these positive market conditions, more and more owners and management companies have started using revenue management software, such as Rainmaker and Yieldstar. Revenue management takes into account availability, recent lease prices and market conditions to…
Read MoreProperty Taxes: The Downside of an Up-Market
One negative impact of the red hot Multifamily market is the increase in property taxes. With class A and B properties frequently trading, tax assessors are provided with ammunition to re-appraise Multifamily properties. In times of low trading and reduced property value, many assessors will only do a property tax assessment every 3 years. However,…
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