Remove 2022 Remove Lease Remove Maintenance
article thumbnail

Residential Property Maintenance Metrics and Improving NOI (with Ray Hespen)

Fourandhalf

Ray Hespen, who is a frequent flier on The Property Management Show, joined us again to discuss maintenance metrics and how measurement improves resident satisfaction and owner NOI. The last time he was on the podcast, in late 2023, his team was just beginning to establish this concept of maintenance analytics.

article thumbnail

Property managers’ revenue may be growing more than they think [The Lookout]

Buildium

In 2024, we can see that more companies reported equivalent or greater revenue growth than they did in any year between 2017 and 2022. On one hand, companies are anticipating less revenue growth over the next two years than they projected in 2022 and 2023. 41% will expand the services they provide.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Form a Resident Welfare Association (RWA) in India: A State-Wise Step-by-Step Guide

ADDA

Tamil Nadu The Tamil Nadu Apartment Ownership Act of 2022 is the applicable law. Why: You’ll need this account to collect maintenance dues, pay vendors, and manage all financial transactions transparently. Define and Implement Maintenance Fee Structure Decide how maintenance charges will be calculated (per sq.

article thumbnail

What is the San Francisco Silicon Valley’s Sub-Lease Market Impact on Commercial Property Values in 2025

Esquire Property Management Group

The Sublease Market 2025 is shaping the landscape, with sublease space dropping by 3% in the fourth quarter of 2024, falling below 8 million square feet for the first time since 2022. Sublease opportunities frequently present reduced rates and pre-existing fit outs, rendering them appealing alternatives to direct leasing agreements.

article thumbnail

5 Ways Property Managers Can Maintain Margins

Rental Housing Journal

Lower-priced units (between $500 and $999) are decreasing as a share of total available units, and units above $1,500 are leasing faster than lower-priced units did in previous quarters. If you’ve had to reduce rents to lease units lately, it may be time to review your strategy. The most likely reason: constrained supply.

article thumbnail

Airbnb Passive Income: How to Maximize It

Hospitable

You can utilize a popular business model such as short-term rental, corporate leasing, or subletting. The corporate lease on Airbnb means you need to find the right property in the right location, sign a long-term agreement, and obtain a permit from your landlord to rent it out on a short-term basis on Airbnb or other OTAs.

Airbnb 52
article thumbnail

Tenant Retention 101: Essential Tips for Property Managers

BetterWho

The cost of finding a new tenant, additional maintenance, marketing the property, etc., in 2022, which is much better than the average of 19.5%. Maintenance Matters: Keep up with regular property maintenance and embrace smart technology to monitor systems. Or is maintenance due? No more scattered calls or emails.

Tenant 233