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Property Management

All articles tagged with #property management

travel3 months ago

Woman Shocked by Strict Airbnb Rules, Feels Unrelaxed

A woman booked a three-night stay at an Airbnb but became anxious after receiving a lengthy list of strict rules from the owner, including restrictions on cooking and eating, which were not disclosed upfront. Many responses online considered the rules excessive and unreasonable, especially the restrictions on food and pet behavior, leading to concerns about the host's attitude towards guests. The woman feels these rules will prevent her from relaxing during her stay.

via AOL.com|
#airbnb#guest-restrictions#house-rules
real-estate5 months ago

AI Transforming Real Estate: From Property Management to Investment Innovation

Artificial intelligence is transforming the apartment rental industry by automating work orders, lease renewals, showings, and investor due diligence, offering significant efficiency gains despite being in early stages and costly. The technology is fragmented but presents a major opportunity for startups and investors to streamline operations and enhance tenant and landlord experiences.

via CNBC|
#ai#apartment-market#investment
business1 year ago

"WeWork Emerges from Bankruptcy with New Leadership and Reduced Debt"

Anant Yardi, a software tycoon, will take control of WeWork following a federal bankruptcy court's decision. Yardi, who has invested significantly in WeWork, aims to revitalize the company by targeting small businesses and incorporating new technologies. This transition comes after former CEO Adam Neumann's failed attempt to regain control of the company.

via Benzinga|
#adam-neumann#anant-yardi#bankruptcy
business1 year ago

"OH Pizza and Brew Forced to Relocate After Downtown Office Tower Nightmare"

OH Pizza and Brew, a pizza shop in Downtown Columbus, is seeking a new location after facing numerous issues at its current property, including utility disconnection, maintenance shutdowns, and a burglary. The problems began after a New York-based company, Baruch Broad Street LLC, acquired the building housing the shop. The owner, Luke Edwards, expressed concerns about the wellbeing of his employees and is actively looking for a new Downtown location to minimize disruption to the business and support his staff.

via NBC4 WCMH-TV|
#business#columbus#ohio
weather1 year ago

"Storm aftermath: Clearing fallen trees in Sacramento County"

Heavy rain and wind in Solano County caused redwood trees to topple, with property management actively removing 25 to 30 redwoods from Grande Village for safety after two large trees uprooted and fell into buildings. Exclusive video shows a redwood falling directly into a building, but thankfully, no injuries or displacements occurred. Unfortunately, storm-related deaths were reported in Carmichael and Yuba City due to fallen trees.

via KCRA Sacramento|
#property-management#redwood-trees#safety
lawsuit1 year ago

Florida Family Files Wrongful Death Lawsuit After Woman Killed by Alligator

The family of an 85-year-old woman who was killed by an alligator while walking her dog in a Florida subdivision has filed a wrongful death lawsuit against the real estate company that owns and operates the property. The lawsuit alleges that the property management encouraged the woman to walk her dog near a retention pond known to contain large, dangerous alligators, and failed to take steps to remove the threat. The property management company responded, stating that this was the first alligator attack in the 37-year history of the development, and that the woman was aware of the presence of alligators.

via CNN|
#alligator-attack#florida#lawsuit
real-estate2 years ago

Colorado Property Management Firm Settles for $1 Million in Illegal Billing Probe

Colorado property management firm Four Star Realty has agreed to pay $1 million to the state after an investigation found that it illegally billed tenants for routine apartment services. The settlement, the first under a new state law, will see $980,000 returned to affected consumers. The company, which manages 5,000 rental units, denies many of the allegations but has agreed to the settlement. The state plans to contact former tenants to determine the extent of compensation owed. The attorney general encourages mistreated tenants to report violations, emphasizing the need to advocate and fight for tenant rights.

via The Denver Post|
#colorado#investigation#property-management
human-interest2 years ago

"Authorities Launch Investigation After 73-Year-Old Man Found Boarded Up in Apartment"

A 73-year-old man in Harvey, Illinois, found himself boarded up inside his apartment, sparking a debate about rental conditions at a low-income complex. Conflicting accounts from city officials, property owners, and residents have emerged, with the mayor promising an investigation. The complex, plagued by safety issues and disrepair, has been on the city's radar for months. Residents were allegedly not properly notified about the need to evacuate, leading to a distressing situation for many.

via WKRC TV Cincinnati|
#apartment-conditions#elderly#harvey-illinois
real-estate2 years ago

"Inside Adam Neumann's Disruptive Billion-Dollar Apartment Living Startup"

Adam Neumann, the controversial co-founder of WeWork, has launched a secretive residential real estate startup called Flow, which aims to revolutionize apartment living. Backed by a $350 million investment from A16z, Flow plans to create apartment buildings that prioritize resident satisfaction and community engagement. While early reports suggested groundbreaking features like crypto wallets and rent-to-own options, Flow's focus appears to be on improving the overall living experience through enhanced property management, personalized resident services, and a centralized app. Neumann's vision for Flow aligns with his previous efforts to transform the coworking industry with WeWork.

via Business Insider|
#adam-neumann#apartment-living#flow
legal2 years ago

Landlord Tech Company CYBER Sued for Alleged Rent Fixing Scheme

The Attorney General of Washington, D.C. is suing RealPage, a property management software company, and 14 major landlords for allegedly colluding to raise rents. The lawsuit claims that the companies shared data with RealPage, which used an algorithm to artificially increase prices for over 50,000 apartments in the city, resulting in illegal rent hikes. The alleged collusion violates the District of Columbia's Antitrust Act. The lawsuit seeks financial penalties and the appointment of a corporate monitor to prevent further anti-competitive behavior.

via CNBC|
#antitrust#lawsuit#legal
business2 years ago

From Side Hustle to $3 Million Business: The Inspiring Journey of a 32-Year-Old Entrepreneur

Jamie Stark Inlow turned her side hustle of managing Airbnb rentals into a successful property management business called Be Still Getaways. Starting with just one listing in a neighbor's spare apartment, Inlow scaled her company to oversee over 120 rentals and inns throughout Virginia, bringing in nearly $2 million in 2022. This year, Be Still Getaways is projected to bring in $3 million. Inlow initially worked three jobs to support her business, but eventually hired staff and scaled up. Despite the success, she aims to achieve better work-life balance as the business grows.

via CNBC|
#business#entrepreneurship#property-management
disaster2 years ago

Davenport Building Collapse: Residents' Warnings Ignored?

Tenants of the collapsed building at 324 Main St. in Iowa had complained of cracks in the walls and floors of their units in the weeks before the structure collapsed into rubble on Sunday. Others warned of red flags with the building’s structure in the months, weeks and even hours before the collapse. City and county records show that 146 actions were taken at the building in the past three years.

via Quad-City Times|
#building-collapse#city-inspections#disaster
real-estate2 years ago

Former Burlington YMCA to undergo renovation, owner to reveal plans.

The owners of the old YMCA building in Burlington are planning to redevelop the property and will present their plans to the Neighborhood Planning Assembly for city approval. The building has been repeatedly broken into by homeless people and drug users, prompting the property manager to call for a police sweep. The owners aim to preserve some of the building's character while also demolishing some sections, but the exact plans are still unclear.

via WCAX|
#burlington#homelessness#property-management