Appfolio

MARCH 16, 2021

Since mistakes will be made early in a property manager’s career, it’s important to provide mentorship and help your staff learn from these mistakes. Unfortunately, upper management sometimes forgets the toll that this takes on the team. . But software is only one piece of the puzzle. .

Property Management

Appfolio

APRIL 13, 2020

From social distancing mandates to eviction bans, property management businesses across the country have had to change their workflows and policies to adapt to the constantly changing environment. And if you’ve been wanting to spend more time getting to know your business data, now’s a good time to take a look.

Property Management Software

Condo Control

DECEMBER 11, 2024

84% of property management companies report that their revenue increased over the last two years. This represents slightly less growth than what was reported in 2023, but companies are still growing at a pace that exceeds growth recorded between 2017 and 2021. Listen to concerns and answer questions.

Property Management

American Apartment Owners Association

AUGUST 30, 2024

Rent growthis decelerating from the double-digit increases seen in 2021 year-over-year rent growth currently stands at -0.8 When you couple that with economic uncertainties like rising interest rates, potential recession fears, and geopolitical tensions, the pressure to deliver strong returns while managing costs is at an all-time high.

Lease

MRI Software

DECEMBER 11, 2024

million homes in 2021 to 4.5 For multifamily property managers and landlords, this growing demand is paired with the challenges of high construction costs and long project timelines. is facing a critical housing shortage, as the shortage surged from 4.3 million in 2022.

Transportation

Propertyware

NOVEMBER 11, 2021

Take into account not only the anomaly that was 2020 and 2021, but previous years, as well, to get a full picture of your growth as a company. Again, you can use property management software with custom reports and a dashboard to maintain a clear picture of goals and commitments.

Property Management

Second Nature

DECEMBER 16, 2024

In 2017, the average profitability in the property management space was 6%, and the top 25% of performers profitability was 25%. In 2021, the average profitability was 11%, and the top performers were 32%. Many rental property managers may not realize they could strive for anywhere from 25% to 32% profitability.

Property Management

Yardi Breeze

FEBRUARY 20, 2025

However, while demand remains strong, RV and boat registrations have declined from their 2021 peak. According to Go RVings RV Owner Demographic Profile Study , the average age of RV owners today is 49, down from 53 in 2021. While youre at it, show off the property management software you use to stay connected with your customers.

Property Management Software