Ownership and Management of Small Multifamily Rental Properties
PUBLISHED ON January 25, 2024
To better understand the small multifamily rental housing market, the Terner Center fielded a survey of the owners and managers of small multifamily properties across the country. This report provides a brief overview of our research methods, followed by key findings from the survey in the following areas: 1) who owns small multifamily rental properties and why they own them; 2) how landlords of small multifamily properties screen and select tenants; 3) owners’ rent-setting practices; 4) how landlords responded to late or missed rent payments during the pandemic; and 5) small multifamily property maintenance practices.
Authors:
Shazia Manji, Research Associate
Nat Decker, Terner Affiliate
Read the full paper “Ownership and Management of Small Multifamily Rental Properties” here.
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