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Category: Rental Property Management

How COVID-19 changes the short term rental industry

The coronavirus pandemic has affected nearly every industry on earth. The hospitality industry was perhaps the hardest hit as unnecessary travel was the very first thing to go, and is still highly discouraged in an attempt to contain the outbreak. Guest numbers dropped fast for property managers and a complete lack of room occupation ensued, causing hospitality companies to let go of a huge percentage...

America’s most volatile housing markets

The housing market has a huge impact on the economic health of every region in the United States. As COVID-19 continues to affect every industry in its own way, the housing market is expected to experience a significant decline in sales. Low mortgage rates and low housing inventory may be the only things that keep home prices steady. The rental market, however, is experiencing huge shifts. Many renters...

The most interesting states of home insurance

Anyone who relocates across state lines understands that costs for the same products often vary greatly. One example of this variance is homeowners insurance. The cost of a homeowners insurance policy covering a similar value property may be significantly different based on the state where the property resides. In addition to the cost, the coverage offered under a homeowners insurance policy is not the same...

Scrap or salvage: deciding whether to repair or replace after a disaster part III: Siding, Gutters, Drywall, Paint and Flooring

Homeowners face a long list of difficult decisions following a significant property loss. As a result, property owners must lean on experts such as property insurers, contractors, salvage experts, and others to assist in the response and recovery process. One of the most important decisions revolves around whether to repair or replace the major components of a home. Below is the third post in a...

Scrap or salvage: deciding whether to repair or replace after a disaster part II: Windows, Doors, Plumbing, Electrical, and HVAC

Homeowners face a long list of difficult decisions following a significant property loss. As a result, property owners must lean on experts such as property insurers, contractors, salvage experts, and others to assist in the response and recovery process. One of the most important decisions revolves around whether to repair or replace the major components of a home. Below is the second post in a...