Property Management Blog

Q: What are Qualified Opportunity Zones? A: Qualified Opportunity Zones (QOZ) are designated areas that provide tax advantages for real estate investors. Q: Who came up with this tax advantage?  A: Believe it or not, Napster founder, and former Facebook President, Sean Parker did. The tech billionaire was seeking a solution...

Redfin CEO, Glenn Kelman, discusses the state of the housing market as mortgage rates rise and tax reform affects coastal cities.Redfin CEO on 'perfect storm' for housing market from CNBC.

Ask anyone who’s ever purchased a business, and they’ll tell you the key is not only finding the right business, but finding one that hasn’t been managed up to its potential. The worse it’s been managed relative to its potential, the better. In fact, if you can find a business with positive cash flow that is poorly...

Does the recent upsurge in rent control initiatives and advocacy mean I could be making MORE selling my current residential investment property? Does that seem upside down? Don’t forget, there are two sides to every coin.Photo by Jordan Rowland on UnsplashLawmakers and rent control advocates are currently working to repeal state law...

If you’ve seen the iconic film Indiana Jones and the Last Crusade, you’ll recall the climactic scene where Indy needed to pass four tests in order to retrieve the Holy Grail. The margin for error was razor thin, and the stakes were high. One wrong move and he would have failed the test and lost everything, including his head (...

Andy Propst is CEO of HomeRiver Group, a Meridian company that has acquired a half-dozen property management companies around the nation in the last two years and now manages nearly 5,000 rentals in 20 states.When Propst joined the company in 2008, it was called Park Place and had 200 rental units. Its owners at the time made him a full p...

If you’re the owner of a single family rental property or a small multi-family building, you might be wondering why you would do business with a national property management company rather than a local one. Today, we’re sharing some of the best reasons to hire a company like HomeRiver Group.  National Resources ...

There are two different ways that we acquire property management companies at HomeRiver Group. If you’re interested in selling to us, you can do it in the way that makes the most sense for you. As you will see, it depends on how long you’ve been in business and where you see yourself fitting into the property management in...

We want to talk to you today about what it’s like to join HomeRiver Group. If you’re a property manager, you may be curious about what we’re doing and why we think the market needs a company like ours. At HomeRiver Group, You’re Part of Something Bigger Every week, we get phone calls from property managers just...