Residential real estate
Delivering expert insights on resident engagement strategies, resident perks, and the how-tos on how to help residents save.
Guides for residential real estate leaders
Residential real estate refers to properties that are used for living purposes, as opposed to commercial or industrial real estate which is used for business and industrial activities. Our content includes how-tos, guides, industry trends, and news about resident perks, rewards, and engagement.
Latest
Bilt Alternatives Made Simple: Paylode Turns Rent Payments Into Real Rewards
Looking for Bilt app alternatives? While Bilt pioneered rent-to-rewards, its limitations leave renters and property managers wanting more. Paylode is the smarter alternative — offering a custom perks marketplace, emotional loyalty, and scalable solutions that drive retention. Discover why Paylode is the best choice for rewarding rent payments.
Top Tenant Retention Strategies for Property Managers
Discover top tenant retention strategies for property managers, including offering perks, renewal incentives, and personalized engagement. Learn how Paylode helps property managers reduce turnover and improve tenant satisfaction.
Why Paylode and BILT Are the Perfect Pair for Tenant Engagement and Satisfaction
Discover how Paylode and BILT work together to enhance resident engagement and loyalty. While BILT motivates on-time rent payments and autopay through its points system, Paylode complements it by offering instant perks for tenant actions like engaging with marketing campaigns, completing surveys, and submitting maintenance requests. With Paylode's "do this, get that" approach and its embedded perks page; property managers can provide local and national discounts seamlessly integrating into tenant portals. Learn how combining these two platforms creates a powerful, holistic solution for property managers looking to drive resident satisfaction and long-term loyalty.
Calculate the yearly value of a resident who signs up for autopay
How to calculate the value, encourage adoption, overcome common challenges, and track program performance.
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A landlord's guide to effective remote management
Discover how to build a strong local team, leverage technology for efficient oversight, and improve tenant communications. Learn innovative ways to secure your properties, streamline maintenance, and effectively market your rentals.
What to expect from a good property manager
A "good" property manager is responsive, communicative, sets expectations, and finds the magic. Learn how in our interview with Jo Oliveri of iReviloution.
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Piñata app – is it right for your company? Let's look at alternatives
Start exploring alternatives to Piñata's renter rewards app. Learn how the Piñata app works and discover five compelling options to meet your property management needs.
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The guide to real estate blogging
Saima Omar, a freelance blogger and content marketer, covers blogging for real estate. How to approach it, what to write about, and the key aspects that will make it all come together.
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Time out with Kellie Tollifson: How to referee relationships as a property manager
An interview with Kellie Tollifson: As the fulcrum between stakeholders, Kellie is an expert in managing the relationships between tenants, vendors, property managers, and investors. Her approach is about clarity, fairness, communication, and risk reduction.
Types of residential real estate categories include:
- Single-family homes: Stand-alone houses meant for one family or group of people.
- Apartments: Housing units in a larger building, typically owned by a single entity and rented out to individuals or families.
- Condominiums: Similar to apartments, but the units are owned individually rather than rented from a single landlord.
- Townhouses: Multi-floor homes that share one or two walls with adjacent properties but have their own entrances.
- Duplexes, Triplexes, and Quadruplexes: Buildings divided into two, three, or four units, respectively, with each unit typically having its own entrance.
- Multifamily homes: Larger buildings that house multiple families, often more than four.
- Vacation homes: Properties used for leisure and vacation purposes.
The main focus in residential real estate is providing living spaces, whether through ownership or rental. It's a significant sector in the real estate market and has a direct impact on the economy and consumers due to its essential role in providing housing.
According to the National Association of Homebuilders using US Bureau of Economic Analysis data, RRE's combined contribution to the economy usually makes up 15-18% of US GDP annually, and occurs in two basic ways:
- Residential investment (around 3-5% of GDP), means construction of new single-family and multifamily buildings, residential remodeling, manufactured home fabrication, and real estate brokers’ fees.
- Consumption spending on housing services (around 12-13% of GDP), includes gross rents and utilities paid by renters, as well as owners’ imputed rents and utility payments.
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