Property Management & Consulting Blog

What Is Multifamily Housing?

More than one-third of rental housing consists of multifamily units. As a renter and investor, there are several things to consider when choosing a multifamily property over a single family house. Let’s take a look at what multifamily housing really is, and the pros and cons if you are thinking about getting involved with one. 



Multifamily housing is defined as a building that houses more than one family at a time. Apartments, condos, townhouses, duplexes, and quadruplexes are all examples of multifamily housing options. The building can be owned by one person who rents out the units, or each unit can be owned individually. 



There are several challenges to managing multifamily units. There are lots of different personalities all contained in one building. You may have residents who don’t get along with each other, or residents who don't get along with you. Managing different personalities can be hard, but it is important. You also may have more repairs to deal with. There are more units, with more potential problems. Be sure to check in on the units regularly to make sure that there are no hazards or repairs needed. 



There is only one building with multiple residents. You can make more income by renting to multiple clients at a time, while also only paying taxes on one building. With a bunch of residents in one building, it is harder to hide something from everyone. Someone who has a pet in the building without your permission will surely be spotted. Extra residents will be noticed by neighbors. If you only have a one-family unit, it is much easier for people to hide things. 


When choosing a rental property, it is important to get one that will work for you. If you are looking for tips and help, look no further than Occupancy Solutions. We have all the information you need for running your team and managing rental properties. Contact us today so we can get you started.

Key to Finding the Best Residents for Your Community

As a property manager, you may find the notion of renting a space quickly favorable because it means you are putting money in the bank faster. While you don't want any space to remain vacant, you also don't want to have to evict a resident in the near future. For this reason, it makes more sense to take your time and find a good resident for your community.

The Importance Of Resident Testimonials In Marketing Your Apartment

There is nothing more convincing than the testimonies of people who have actually experienced the best things about your apartment. You would be surprised at how much other people value these opinions when looking for a new home! That is why if you have not gathered any resident testimionials yet, now is the time to start. To help you, here are some things to keep in mind.

Training Your Team To Handle Challenging Community Members

Many different personalities will make up a community, and not all of these will be easy. Training your team to be able to handle conflict or more challenging personalities effectively and positively is important to maintaining that authentic and harmonious community feel. A few points to include in your employee training are:

Simple Ways To Create A Personalized Guest Experience

A personalized guest experience is a major want for many travelers today. Whether traveling for business or leisure, they want to feel like they’ve stepped into a home away from home even if it’s their first visit to a particular hotel. They want that comfort, relaxation, and attention that shows that they’re being well cared for.

How to Onboard Employees for Your Small Hotel

Since the start of the pandemic, the hospitality industry has definitely gone through a few changes. Cutbacks and layoffs were common, and now that things are going back to normal, smaller hotels are finding it hard to reopen as they have problems finding people to hire.

How Recaps Can Fill Out a Team Meeting Agenda

For more effective management, you should provide team members with a recap of the day at the beginning and end of each day. This can go a long way in improving effectiveness and efficiency. Let's take a closer look at the value of these team meeting agendas and how they can help.
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