RENT Magazine Q3'26

Tenants are expecting more service at the same time landlords are facing more expensive operations. Renters want online payments, fast communication, maintenance apps, virtual leasing, and quicker repairs, but many do not see what is happening behind the scenes. Insurance, taxes, labor, materials, repairs, and maintenance have all become more expensive. For small landlords especially, the challenge is delivering the level of service tenants expect while keeping the rental financially sustainable. The tenant experience matters more than ever, but so does helping renters understand what it actually costs to provide quality housing. HIGHER EXPECTATIONS ARE COLLIDING WITH HIGHER COSTS

QUALITY HOUSING ON A BUDGET IS A NEED

INFORMAL LANDLORDING NO LONGER WORKS

Over the last 10 to 20 years, America has steadily become more of a rental nation. Rising home prices, higher interest rates, and lifestyle changes have pushed more people toward renting rather than owning. At the same time, demand for affordable workforce housing continues to grow as everyday workers search for quality waiting longer to get married and start families, which means many are less interested in the long-term responsibilities of homeownership. Flexibility, mobility, and lower maintenance responsibilities have made renting a more attractive option than ever before. housing within their budgets. Younger generations are also

Renting has become more professional on both sides. Tenants are more informed, laws are more detailed, communication is more documented, and owners are expected to operate with consistency. Landlords need clear lease terms, written policies, professional screening standards, documented maintenance communication, and a repeatable process for how decisions are made. The biggest change is that good intentions are no longer enough. A rental property is not just an asset; it is an operating business. Owners who treat it casually usually create confusion, liability, and frustration. Owners who treat it like a system are in a much stronger position to protect the property, serve the tenant, and make better long-term decisions.

THE BIGGEST CHANGE IS THAT GOOD INTENTIONS ARE NO LONGER ENOUGH.

DEMAND FOR AFFORDABLE WORKFORCE HOUSING CONTINUES TO GROW.

MANY DO NOT SEE WHAT IS HAPPENING BEHIND THE SCENES.

Jason Malabute CPA & RE Investor Malabute & Company CPAs Connect with Jason

Shiral Torres Landlord, Author, Educator Simply Shiral Connect with Shiral

Joshua Christensen Qualifying Broker R1 Commercial Realty Connect with Joshua

PAGE 48

Powered by