Remove 2001 Remove Maintenance Remove Tenant
article thumbnail

Understanding Non-Occupancy Charges in Housing Societies

ADDA

These typically apply when the unit is rented to tenants or kept vacant. Purpose of NOC: Cover additional administrative and maintenance overhead. Deter frequent tenant turnover or commercial usage in residential zones. The registered owner of the flat, even if the tenant pays it on their behalf.

article thumbnail

The Best Software for Apartment Management

Avantio

Instead of juggling between multiple tools, managers can now tackle everything—from guest check-ins, contract management, and invoicing, to dynamic pricing adjustments, handling maintenance, and even liaising with major rental platforms—all from one intuitive dashboard. Activate automated settlements to save hours of number crunching.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 must-know industry trends for small property managers

Buildium

Fact #3: Tenant Quality Is Property Managers’ Top Concern Finding financially stable tenants is getting harder as rent growth outpaces wages, causing property management companies to prioritize tenant screening. In 2024, tenant quality emerged as the #1 concern for property management companies. This comes as U.S.

article thumbnail

2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Since 2001, median rents have almost continuously risen in inflation-adjusted terms. Property owners must reinvest in repairs and maintenance costs to keep them in good condition. RELATED ARTICLES: Renter Priorities: What’s On Top Of A Tenant’s List? If we adjust for inflation, the U.S. has lost 2.1

article thumbnail

Winterization Checklist for Multi-Family Apartments

Beach Front Property Management

Protect your properties from avoidable winter damage and ensure the safety of your residents with this comprehensive property management maintenance checklist—featuring the top steps for winterizing apartment buildings. Preventive Maintenance Before the season arrives, remember to service your boilers and furnaces.