90% of Rent Spent on Property Operations

90% of Rent Spent on Property Operations

A new survey from RENTCafe shows how $1 of rent breaks down for most owners and landlords. As most multifamily owners can tell you, 90% of each dollar of rent is spent on property operations. These costs include maintenance and improvements, taxes and employee wages....
Overwhelmed by Resumes?

Overwhelmed by Resumes?

When you are looking to hire a new employee, digital job postings are a blessing and a curse. According to Glassdoor, each corporate jobs receives an average of 250 resumes. Filtering through these potential candidates can be overwhelming for commercial real estate...
The True Cost of Hiring Mistakes

The True Cost of Hiring Mistakes

When you hire the wrong candidate, it is easy to lose track of the true cost of that decision. And more than 75% of hiring managers say that they have hired the wrong candidate for a position. According to the US Department of Labor, the average cost of the wrong...