Buildium

JUNE 17, 2025

Encourage Current Clients to Acquire New Properties Another way to grow your portfolio is to help your existing clients grow theirs. Let’s say a contractor in your network informs you that a rental property nearby is about to be listed for sale. That’s where comprehensive property management software comes in.

Property Management

Hospitable

JULY 29, 2025

Later, as he progressed in his career as a software engineer, Waigwa began investing in properties. Starting a Property Management Business In 2024, Waiga decided to launch a property management business. “I He put them on Airbnb to get additional income.

Property

Buildium

NOVEMBER 5, 2024

Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. For 2024, the form looks like this: What Is a 1099-NEC form?

Property Management

Buildium

DECEMBER 30, 2024

For 2024, the standard mileage rate is 67 cents per mile. Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too.

Property Management

Buildium

OCTOBER 28, 2024

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.

Property Management