Property Management and the Apartment Boom in Central Ohio

A new report from real estate giant Zillow names Columbus a top-ranking apartment hot spot. Zillow’s latest report puts Columbus above Seattle, Denver, San Jose and many other hot apartment markets. According to Columbus apartment research and consulting firm, Vogt Strategic Insights, 6,800 apartments have been added in central Ohio in the past three years.

Three measurements were employed by Zillow to gather the rankings. Measurements include: the percentage of total apartments built since 2011 in a community; how quickly new apartments rented in the past year; and overall rent appreciation.

What’s causing this apartment boom in central Ohio? The Columbus Dispatch states that job growth and new households are the main drivers in the apartment demand as well as empty nesters who are tired of owning.

Real estate agents can get in on the action as well. Some agents are finding the apartment boom to be a lucrative niche. Property management has a unique set of rules and challenges that agents need to be aware of. If you are ready expand your business, Hondros College has you covered with property management courses that also cover your CE requirements.

The Property Management 30 hour CE package is geared towards an easy entry in the world of property management. It will give you a solid foundation on financing, leasing, and the ethical and legal issues facing the industry. It will also highlight the concerns that face property management. This will include 30 hours of continuing education with the 3 required courses.

Visit Hondros.com today to register and explore all our continuing education courses.