Top 4 Multifamily Interior Design Trends
With the increase in home décor/renovation shows and influencers on social media, more people are being exposed to high-end design, which is what they are expecting in multifamily communities.
Have Real Estate Investors Learned From The Recession?
Ultimately, the Great Recession, whose effects we are still recovering from now (though it will likely have a huge impact on our society and economy for years to come) left some valuable lessons for professionals of all kinds in the real estate industry. My team and I certainly remember them, hard-won as they were.
Bitcoin-Only Real Estate Deals On The Rise
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Using only bitcoin, 20 homes have been sold worldwide, and that number looks to get bigger. In fact, the Miami, Fla., real estate agent that brokered two of those deals, Stephan Burke, says cryptocurrency will make up 25-30 percent of real estate sales in five years.
Is the New Tax Law a Boon for Residential Rentals?
Angela Adolph, an attorney and tax law specialist, explains why the recent tax legislation gives additional appeal to renting a home, rather than buying. It’s a trend that investors should bear in mind.
Marketing to Multiple Generations
Today’s renter pool comprises a wide range of ages that can pose challenges to developers, owners and operators. Eric Clark of Bainbridge Cos. shares four tips on how communities can appeal to anyone.
Focus in Student Housing Amenities Changes from Luxury to Health and Wellness
Some companies that provide student housing say they have seen a shift away from over-the-top amenities that were popular with off-campus renters a few years back.
What Do SFR Renters Want?
SFR owners want residents to stay put in order to avoid re-leasing expenses. How do they achieve this goal?
Be aware of the tax consequences before selling your home
In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon, don’t neglect to consider the tax consequences. The TCJA preserves the home sale gain exclusion, so if you’re selling your principal residence, you can exclude up to $250,000 ($500,000 for joint filers) of gain, as long as you meet certain tests. A loss generally won’t be deductible, but if part of your home is rented out or used exclusively for your business, the loss attributable to that portion might be. Contact us with any questions.
4 ways to encourage innovation in customer service
Business innovation usually focuses on coming up with a revolutionary product or service. But it can apply to customer service, too. How? First, don’t fear failure: If a bold initiative fails, heed the lessons learned. Also, link compensation to employees’ contributions. Create a formal program offering cash rewards or other gifts to innovative thinkers. When someone does come up with an actionable idea, praise that individual company wide. Last, and perhaps most simply, just pretend you’re a customer to get a firsthand perspective on what you could do better.