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 pay rent vs. Paylode: The smarter way to reward residents
Bilt Pay Rent introduced rewards for renters, but its points model creates complexity and higher costs for property managers. Paylode offers a smarter alternative with merchant-funded perks specifically designed for the real estate industry. Discover how Paylode fosters long-term resident loyalty, reduces expenses, and delivers more value than Bilt Rewards.
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Bilt rent day vs. everyday perks: Why Paylode is better for real estate loyalty
Bilt rent day creates one-day excitement, but falls short for long-term loyalty. Paylode offers everyday, merchant-funded perks that deliver consistent value, reduce costs, and improve retention for property managers. Learn why Paylode is the smarter solution for real estate loyalty programs compared to Bilt’s monthly rent day model.
Bilt rent rewards vs. Paylode perks: Which program delivers real value?
Bilt rent rewards offers points for paying rent, but its model often creates unclear value and higher costs for property managers. Paylode perks provide instant, merchant-funded rewards tailored to real estate, delivering ongoing engagement, stronger resident loyalty, and measurable ROI. Learn why Paylode outperforms Bilt in loyalty.
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.
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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