{"id":10375,"date":"2021-03-14T06:07:37","date_gmt":"2021-03-14T06:07:37","guid":{"rendered":"https:\/\/www.parcelpending.com\/?p=10375"},"modified":"2025-06-10T16:54:13","modified_gmt":"2025-06-10T16:54:13","slug":"a-complete-guide-investing-and-managing-a-multifamily-property","status":"publish","type":"post","link":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/","title":{"rendered":"A Complete Guide: Investing and Managing a Multifamily Property"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">2021 might just be your year for dipping your toe into <\/span><span style=\"font-weight: 400;\">multifamily property management<\/span><span style=\"font-weight: 400;\">. As you analyze commercial <\/span><span style=\"font-weight: 400;\">real estate<\/span><span style=\"font-weight: 400;\"> investing, here is a solid primer to investing and managing a <\/span><span style=\"font-weight: 400;\">multifamily property<\/span><span style=\"font-weight: 400;\"> including the rationale, steps to consider before purchase, adding value after purchase, and ongoing opportunities to continue to attract and retain residents.<\/span><\/p>\n<h2><b>Before: Considerations of Investing<\/b><\/h2>\n<h3><b>It\u2019s Still Location, Location, Location<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Just like retail <\/span><span style=\"font-weight: 400;\">investment<\/span><span style=\"font-weight: 400;\">, location is crucial. Look at demographic information, school locations, crime reports, tax records, retail shopping data, and any changes that will cause a huge shift in demand for housing such as a big employer or shopping center moving in or out of the area. Also, transportation is also key. Is there mass transportation near the investment property? Is there easy access to freeways? Savvy <\/span><span style=\"font-weight: 400;\">multifamily<\/span><span style=\"font-weight: 400;\"> investors utilize all available data.<\/span><\/p>\n<h3><b>The Case for Investing<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">CBRE forecasts a 6% increase in net effective rents and a return to pre-COVID vacancy levels for 2021<\/span><span style=\"font-weight: 400;\"><sup>1<\/sup><\/span><span style=\"font-weight: 400;\">. Further, <\/span><span style=\"font-weight: 400;\">occupancy<\/span><span style=\"font-weight: 400;\"> rates were an astounding 96.3%. Since a <\/span><span style=\"font-weight: 400;\">multifamily property<\/span><span style=\"font-weight: 400;\"> is simply two or more residential units, it\u2019s both less complicated than other <\/span><span style=\"font-weight: 400;\">asset<\/span><span style=\"font-weight: 400;\"> classes (retail, hotels, or office space), and it\u2019s familiar to homeowners. Moreover, banks typically finance these investments in much the same way that they issue mortgages with competitive interest rates. Remember, too, the magic numbers. Four or fewer units remain a residential <\/span><span style=\"font-weight: 400;\">investment<\/span><span style=\"font-weight: 400;\">. Five or more units bump up your real <\/span><span style=\"font-weight: 400;\">investment<\/span><span style=\"font-weight: 400;\"> from residential into a commercial category replete with commercial agents and loans.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Multifamily management<\/span><span style=\"font-weight: 400;\"> should also consider value-added opportunities for increased resident satisfaction and improved cash flow. This list includes ancillary sources of income such as coin laundry, parking space rental, and furniture rental options. <\/span><span style=\"font-weight: 400;\">Revenue<\/span><span style=\"font-weight: 400;\"> from these sources add to your monthly income generated.<\/span><\/p>\n<h3><b>Crunch the Numbers<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Of course, the biggest decisions before <\/span><span style=\"font-weight: 400;\">investment<\/span><span style=\"font-weight: 400;\"> come down to the financials. You should carefully crunch the numbers and estimate your net operating income (NOI)<\/span><span style=\"font-weight: 400;\"><sup>2<\/sup><\/span><span style=\"font-weight: 400;\">. In general terms, NOI is the difference between your estimated monthly rental income and estimated monthly expenses of your <\/span><span style=\"font-weight: 400;\">multifamily rental property<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><b>During: Offering the Right Mix of Amenities<\/b><\/h2>\n<h3><b>Pets as the Ulti-Mutt <\/b><b>Amenity<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The pandemic showed <\/span><span style=\"font-weight: 400;\">multifamily property and real estate<\/span><span style=\"font-weight: 400;\"> managers that residents are lonely and craving furry friends. According to 2020 CoStar data, pet-friendliness ranks in the top three <\/span><span style=\"font-weight: 400;\">amenity<\/span><span style=\"font-weight: 400;\"> searches and remains a competitive advantage for apartment communities. Further, online pet retailer Chewy noted a 5.7% increase in pet-owning households last year and noted that the company\u2019s own data showed a significant increase in customers\u2019 creating pet profiles, including a 40% increase in profiles for newly adopted pets<\/span><span style=\"font-weight: 400;\"><sup>3<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3><b>Space to Work, Workout, and Entertain<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As our homes became the epicenter of our lives, the demand for more space skyrocketed. Whereas residents used to settle for small apartments in urban areas close to theatres, movies, and dining, today residents are looking for larger spaces in rural and suburban areas that allow them space for exercising, watching movies, and working from home.<\/span><br \/>\n<span style=\"font-weight: 400;\">In striking contrast to a March 2020 survey where price and safety were top concerns, results of 10,000 residents by RENTCaf\u00e9 this March uncovered that open-air amenities and more space were the top requests<\/span><span style=\"font-weight: 400;\"><sup>4<\/sup><\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">Property management<\/span><span style=\"font-weight: 400;\"> should take note of these shifting trends.<\/span><\/p>\n<h3><b>Work from Home Accommodations<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">With 42% of employees working from home, speedy Internet is a must<\/span><span style=\"font-weight: 400;\"><sup>5<\/sup><\/span><span style=\"font-weight: 400;\">. A new <\/span><span style=\"font-weight: 400;\">tenant<\/span><span style=\"font-weight: 400;\"> expects that broadband will be available from the day they move in. More importantly for <\/span><span style=\"font-weight: 400;\">property management<\/span><span style=\"font-weight: 400;\">, however, is that they are willing to pay higher rent for high-speed internet access\u2014about $35 more<\/span><span style=\"font-weight: 400;\"><sup>6<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Residents are also interested in safe co-working spaces. Camden Living, for example, is investing in work pod stations throughout their communities. This way, a <\/span><span style=\"font-weight: 400;\">renter<\/span><span style=\"font-weight: 400;\"> in need of additional space or a change of scenery can have a private place to be creative, while remaining connected to the community Wi-Fi network.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The need for space and remote work accommodations intersects as residents look to carve out functional and ergonomic work areas. Zoom-friendly backgrounds are essential as are organized workspaces that allow for work\/life balance.<\/span><\/p>\n<h3><b>Managing the Deluge of Parcels with Smart Lockers<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">No <\/span><a href=\"\/en-us\/blog\/amenities-every-modern-apartment-complex-should-have\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">modern apartment complex<\/span><\/a><span style=\"font-weight: 400;\"> would be complete without smart lockers. Whereas this <\/span><span style=\"font-weight: 400;\">amenity<\/span><span style=\"font-weight: 400;\"> might have been once been considered \u201cnice to have,\u201d it is now a necessity for remaining competitive in the apartment industry and practicing <\/span><a href=\"\/en-us\/blog\/adopting-smart-technology-for-multifamily-operations-in-a-post-covid-world\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">smart property management<\/span><\/a><span style=\"font-weight: 400;\">. With packages bombarding the mail room due to the exponential growth in online shopping, residents expect to have their packages securely stowed. Most importantly, installing a <a href=\"https:\/\/www.parcelpending.com\/\">package lockers system<\/a> can lift lease renewals by a jaw-dropping 40%!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Demand is rising too for refrigerated lockers thanks to same day delivery. Researchers in November 2020 estimated that 38.7 million shoppers placed at least one online grocery order for delivery or pickup order during the preceding 30 days, up 3.6% from 37.5 million in August<\/span><span style=\"font-weight: 400;\"><sup>7<\/sup><\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Lockers offer both utility and safety and are an essential component of <\/span><a href=\"\/en-us\/blog\/faqs-about-restructuring-your-package-room\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">package room solutions<\/span><\/a><span style=\"font-weight: 400;\">. Residents are automatically notified by email, text, or mobile app alert that a delivery has arrived. They are then given a barcode to scan for contact-free access to their delivery.<\/span><\/p>\n<h2><b>After: The Need for Ongoing Maintenance &amp; Improvements<\/b><\/h2>\n<h3><b>Service as a Secret Weapon<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">During the pandemic as companies scrambled to get their operations working, the customer experience plummeted. One year into the pandemic with almost 3 million shots administered daily in the United States, consumers and residents aren\u2019t willing to put up with sub-par customer service any longer. In fact, lack of maintenance and appropriate response times is a top ten reason why residents leave <\/span><span style=\"font-weight: 400;\">multifamily<\/span><span style=\"font-weight: 400;\"> buildings. As a <\/span><span style=\"font-weight: 400;\">property manager<\/span><span style=\"font-weight: 400;\">, now is your time to demonstrate value that builds loyalty and satisfaction.<\/span><\/p>\n<h3><b>Digital Tools that Add Convenience and Communication<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The days of posting flyers at the mailboxes are over. Residents today expect meaningful communications from <\/span><span style=\"font-weight: 400;\">multifamily property<\/span><span style=\"font-weight: 400;\"> managers with updates on openings, closings, lease renewals, and renovations. Mobile Doorman is one of the fastest-growing apps because it makes your life as a <\/span><span style=\"font-weight: 400;\">property manager<\/span><span style=\"font-weight: 400;\"> easier. You can enable push notifications so that communications upd<\/span><span style=\"font-weight: 400;\">ates are instantaneous. Residents are also able to upload photos, schedule maintenance appointments, renew their lease, and even manage their move-in checklist.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Virtual tours have also morphed from a \u201cnice to have\u201d to a necessity in 2021. A recent study of C-level executives reported tracking the percentage of leases converted from virtual and self-guided tours at 39%<\/span><span style=\"font-weight: 400;\"><sup>8<\/sup><\/span><span style=\"font-weight: 400;\">. Recent statistics demonstrate that 67% of people want more businesses to offer virtual tours<\/span><span style=\"font-weight: 400;\"><sup>9<\/sup><\/span><span style=\"font-weight: 400;\">. And customers aged 18 to 34 are 130% more likely to book a place if there is a virtual tour.<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Multifamily<\/span><span style=\"font-weight: 400;\"> real estate investing requires understanding the market, your financials, and ways to add value. As immunity increases and the economy returns, now is the time to investigate how to attract and retain residents in 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To see how smart lockers can play a key role in the equation, <\/span><a href=\"\/en-us\/markets\/multifamily-parcel-lockers\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">contact a Parcel Pending sales representative today<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><b>Sources:<\/b><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Rotman, Catherine. Equilibrium by TF Living. <\/span><i><span style=\"font-weight: 400;\">Top Multifamily Property Management Trends Expected in 2021<\/span><\/i><span style=\"font-weight: 400;\">. (2021, January 8). <\/span><a href=\"https:\/\/tfliving.com\/2021\/01\/08\/top-multifamily-property-management-trends-expected-in-2021\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/tfliving.com\/2021\/01\/08\/top-multifamily-property-management-trends-expected-in-2021\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Esajian, Paul. FortuneBuilders. <\/span><i><span style=\"font-weight: 400;\">8 Numbers to Know For Your Property Value Estimator<\/span><\/i><span style=\"font-weight: 400;\">. (n.d.) <\/span><a href=\"https:\/\/www.fortunebuilders.com\/property-value-estimator\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.fortunebuilders.com\/property-value-estimator\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Armental, Maria. The Wall Street Journal. <\/span><i><span style=\"font-weight: 400;\">Chewy Turns Quarterly Profit as Covid-19 Boosts Online Sales<\/span><\/i><span style=\"font-weight: 400;\">. (2021, March 30). <\/span><a href=\"https:\/\/www.wsj.com\/articles\/chewy-turns-profit-as-covid-19-boosts-online-sales-and-pet-ownership-11617139571?\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.wsj.com\/articles\/chewy-turns-profit-as-covid-19-boosts-online-sales-and-pet-ownership-11617139571?<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ciuntu, Alexandra. RENTCaf\u00e9. <\/span><i><span style=\"font-weight: 400;\">One Year Later: Pandemic Shifts Renters\u2019 Priorities as \u2018More Space\u2019 Beats \u2018Cheaper\u2019, Survey Shows<\/span><\/i><span style=\"font-weight: 400;\">. (2021, March 9). <\/span><a href=\"https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/one-year-later-pandemic-shifts-renters-priorities-as-more-space-beats-cheaper-survey-shows\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.rentcafe.com\/blog\/rental-market\/real-estate-news\/one-year-later-pandemic-shifts-renters-priorities-as-more-space-beats-cheaper-survey-shows\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Wong, May. Stanford. <\/span><i><span style=\"font-weight: 400;\">Stanford research provides a snapshot of a new working-from-home-economy<\/span><\/i><span style=\"font-weight: 400;\">. (2020, June 29).<\/span><a href=\"https:\/\/news.stanford.edu\/2020\/06\/29\/snapshot-new-working-home-economy\/#:~:text=We%20see%20an%20incredible%2042,working%20on%20their%20business%20premises\" target=\"_blank\" rel=\"noopener noreferrer\"> <span style=\"font-weight: 400;\">https:\/\/news.stanford.edu\/2020\/06\/29\/snapshot-new-working-home-economy\/#:~:text=We%20see%20an%20incredible%2042,working%20on%20their%20business%20premises<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Friedman, Robyn. Multi-Housing News. <\/span><i><span style=\"font-weight: 400;\">How to Attract Remote Workers to Your Apartment Community<\/span><\/i><span style=\"font-weight: 400;\">. (2021, January 28). <\/span><a href=\"https:\/\/www.multihousingnews.com\/post\/how-to-attract-remote-workers-to-your-apartment-community\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.multihousingnews.com\/post\/how-to-attract-remote-workers-to-your-apartment-community\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Berthene, April. Digital Commerce 360. <\/span><i><span style=\"font-weight: 400;\">Merchants use stores to tap into same-day delivery<\/span><\/i><span style=\"font-weight: 400;\">. (2021, April 5). <\/span><a href=\"https:\/\/www.digitalcommerce360.com\/article\/coronavirus-impact-online-retail\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.digitalcommerce360.com\/article\/coronavirus-impact-online-retail\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">J Turner Research. (2020, December). <\/span><i><span style=\"font-weight: 400;\">Multifamily Industry Leaders Survey: Attitudes and Outlook About the Multifamily Industry from Industry Leaders<\/span><\/i><span style=\"font-weight: 400;\"> [Report]. Retrieved from: <\/span><a href=\"https:\/\/www.jturnerresearch.com\/multifamily-industry-leaders-survey-2020\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\">https:\/\/www.jturnerresearch.com\/multifamily-industry-leaders-survey-2020<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Digital in the Round. <\/span><i><span style=\"font-weight: 400;\">13 Mind-Blowing Virtual Tour Statistics [Updated for 2021]<\/span><\/i><span style=\"font-weight: 400;\">. (2021, March 11).<\/span><a href=\"https:\/\/digitalintheround.com\/virtual-tour-statistics\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight: 400;\"> https:\/\/digitalintheround.com\/virtual-tour-statistics\/<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>2021 might just be your year for dipping your toe into multifamily property management. As you analyze commercial real estate investing, here is a solid primer to investing and managing a multifamily property including the rationale, steps to consider before purchase, adding value after purchase, and ongoing opportunities to continue to attract and retain residents. [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":10383,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[41],"tags":[],"class_list":["post-10375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-multifamily"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Multifamily Management of Property | Parcel Pending<\/title>\n<meta name=\"description\" content=\"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multifamily Management of Property | Parcel Pending\" \/>\n<meta property=\"og:description\" content=\"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\" \/>\n<meta property=\"og:site_name\" content=\"Parcel Pending\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/parcelpending\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-14T06:07:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-10T16:54:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1334\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Parcel Pending\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ParcelPending\" \/>\n<meta name=\"twitter:site\" content=\"@ParcelPending\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Parcel Pending\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\"},\"author\":{\"name\":\"Parcel Pending\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432\"},\"headline\":\"A Complete Guide: Investing and Managing a Multifamily Property\",\"datePublished\":\"2021-03-14T06:07:37+00:00\",\"dateModified\":\"2025-06-10T16:54:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\"},\"wordCount\":1334,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg\",\"articleSection\":[\"Multifamily\"],\"inLanguage\":\"en-usa\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\",\"name\":\"Multifamily Management of Property | Parcel Pending\",\"isPartOf\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg\",\"datePublished\":\"2021-03-14T06:07:37+00:00\",\"dateModified\":\"2025-06-10T16:54:13+00:00\",\"description\":\"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.\",\"inLanguage\":\"en-usa\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage\",\"url\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg\",\"contentUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg\",\"width\":2000,\"height\":1334},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#website\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/\",\"name\":\"Parcel Pending\",\"description\":\"Parcel Pending\",\"publisher\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.parcelpending.com\/en-us\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-usa\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#organization\",\"name\":\"Parcel Pending\",\"url\":\"https:\/\/www.parcelpending.com\/en-us\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png\",\"contentUrl\":\"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png\",\"width\":538,\"height\":62,\"caption\":\"Parcel Pending\"},\"image\":{\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/parcelpending\",\"https:\/\/x.com\/ParcelPending\",\"https:\/\/www.instagram.com\/parcelpending\/\",\"https:\/\/www.linkedin.com\/company\/parcelpending\",\"https:\/\/www.youtube.com\/channel\/UCFj7yh4kDC7Jx5CDUYnar7A\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432\",\"name\":\"Parcel Pending\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-usa\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g\",\"caption\":\"Parcel Pending\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Multifamily Management of Property | Parcel Pending","description":"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/","og_locale":"en_US","og_type":"article","og_title":"Multifamily Management of Property | Parcel Pending","og_description":"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.","og_url":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/","og_site_name":"Parcel Pending","article_publisher":"https:\/\/www.facebook.com\/parcelpending","article_published_time":"2021-03-14T06:07:37+00:00","article_modified_time":"2025-06-10T16:54:13+00:00","og_image":[{"width":2000,"height":1334,"url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg","type":"image\/jpeg"}],"author":"Parcel Pending","twitter_card":"summary_large_image","twitter_creator":"@ParcelPending","twitter_site":"@ParcelPending","twitter_misc":{"Written by":"Parcel Pending","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#article","isPartOf":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/"},"author":{"name":"Parcel Pending","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432"},"headline":"A Complete Guide: Investing and Managing a Multifamily Property","datePublished":"2021-03-14T06:07:37+00:00","dateModified":"2025-06-10T16:54:13+00:00","mainEntityOfPage":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/"},"wordCount":1334,"commentCount":0,"publisher":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#organization"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg","articleSection":["Multifamily"],"inLanguage":"en-usa","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/","url":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/","name":"Multifamily Management of Property | Parcel Pending","isPartOf":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage"},"thumbnailUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg","datePublished":"2021-03-14T06:07:37+00:00","dateModified":"2025-06-10T16:54:13+00:00","description":"Looking to dip your toe into multifamily property management? Read on to discover more about investing and managing a multifamily property.","inLanguage":"en-usa","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/"]}]},{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/www.parcelpending.com\/en-us\/blog\/a-complete-guide-investing-and-managing-a-multifamily-property\/#primaryimage","url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg","contentUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/03\/adrien-olichon-X1OQe3K0YFI-unsplash-1-scaled-1.jpg","width":2000,"height":1334},{"@type":"WebSite","@id":"https:\/\/www.parcelpending.com\/en-us\/#website","url":"https:\/\/www.parcelpending.com\/en-us\/","name":"Parcel Pending","description":"Parcel Pending","publisher":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.parcelpending.com\/en-us\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-usa"},{"@type":"Organization","@id":"https:\/\/www.parcelpending.com\/en-us\/#organization","name":"Parcel Pending","url":"https:\/\/www.parcelpending.com\/en-us\/","logo":{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/","url":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png","contentUrl":"https:\/\/www.parcelpending.com\/wp-content\/uploads\/2021\/08\/PP_LogoArtboard-22021.png","width":538,"height":62,"caption":"Parcel Pending"},"image":{"@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/parcelpending","https:\/\/x.com\/ParcelPending","https:\/\/www.instagram.com\/parcelpending\/","https:\/\/www.linkedin.com\/company\/parcelpending","https:\/\/www.youtube.com\/channel\/UCFj7yh4kDC7Jx5CDUYnar7A"]},{"@type":"Person","@id":"https:\/\/www.parcelpending.com\/en-us\/#\/schema\/person\/99cf74a12ba33c260c377da740d03432","name":"Parcel Pending","image":{"@type":"ImageObject","inLanguage":"en-usa","@id":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e8ac1004dc1bd73ffc91c34d7a921735b1725d4c55aac9c1b346bbb945989985?s=96&d=mm&r=g","caption":"Parcel Pending"}}]}},"_links":{"self":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts\/10375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/comments?post=10375"}],"version-history":[{"count":0,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/posts\/10375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/media\/10383"}],"wp:attachment":[{"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/media?parent=10375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/categories?post=10375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.parcelpending.com\/en-us\/wp-json\/wp\/v2\/tags?post=10375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}