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Propertymanagement software (PMS) has become a must- have for landlords who want to streamline operations, manage their tenants, and maintain organized finances. But with so many propertymanagement tools available, how do you choose the right one?
Tim Wehner is a former president of the National Association of Residential PropertyManagers (NARPM ). While hes no longer on the National Board of Directors, his experience in propertymanagement and expertise on all things NARPM make him a valuable source of information. Start us off right, Tim! Tim : Absolutely.
Why Landlords, PropertyManagers, and Property Owners Should Take an Interest The industry is calling for updates. Its important to note that with RTA cabinets, propertymanagers and landlords run the risk of poor upfront assembly. Preassembled cabinets eliminate this risk and the cost of assembly.
Instead of cranking up the AC and watching your bill skyrocket, we’ve rounded up four easy ways on how to keep apartment cool. Practical tricks that show you how to cool down an apartment without AC—without spending a fortune. In our experience with propertymanagement in Washington, D.C. Let’s get into it.
Despite shifting market conditions, the propertymanagement industry continues to grow at a stellar rate. According to Buildiums 2025 PropertyManagement Industry Report , 82% of the management companies we surveyed experienced portfolio growth within the last two years.
Apartments aren’t immune to them, either. So, if you notice termites in your apartment building, you have to get going on it, and fast. In this article, we’ll guide landlords through this process and hopefully make it just a little easier. This way, they literally eat at the apartment’s structural integrity.
If youre asking yourself, Should I hire a propertymanagement company?youre Many landlords, especially those who own multi-family units or small apartment buildings, eventually face this crossroads. youre not alone.
Apartmentmanagement demands a diverse skill set and constant adaptation. Earning an apartmentmanagement certification validates your expertise, boosts your credibility, and advances your career. This detailed guide covers everything residential propertymanagers need to know about apartmentmanagement certification.
Did you know that two-thirds of rental owners expect top-tier customer service from their propertymanagement company? Why Personalized Service Matters in PropertyManagement Every property owner has unique goals and needs, which is why personalized service is a must-have in todays market.
If you’ve ever lived in a shared space—like an apartment—you know how unbearable noise at night can be. That’s where apartment quiet hour rules come in. Main Takeaways What are apartment quiet hours? As a leader propertymanagement in Northern Virginia , noise regulation is a big deal to us. Blasting music.
As a landlord, your biggest priority is protecting your propertyand your income. But how do apartments verify income? In this guide, well walk you through how apartments verify income, and the best strategies landlords use to make smart leasing decisions. Why Do Apartments Verify Income? Let’s get into it!
If you’re apartment hunting, you’ve probably asked yourself: how extensive are background checks for apartments? Landlords and propertymanagers use them to decide who gets approved, but what exactly are they looking for? How Extensive Are Background Checks for Apartments?
You find the perfect apartment but waitno elevator? Others feel that a walk-up apartment means charm, character, and saving a few hundred dollars on rent each month. So, is a walk-up apartment the hidden gem youve been looking foror a daily stair-climbing struggle? Where Are Walk-Up Apartments Common? Just stairs.
Getting your first apartment is a big deal. Thats why we created this guide: to walk you through every step with real advice on how to get your first apartment. Read along as we share simple tips and a bit of perspective from the people who manageproperties every day. Absolutely. If your score isnt perfect, dont panic.
A Positive Response Amid the Chaos: Ratner PropertyManagement While some landlords have capitalized on the crisis, others are stepping up to support their communities. Ratner PropertyManagement and Maintenance, an AAOA member, is one such example.
Nothing bugs people as much as finding cockroaches in an apartment building. This guide covers what every landlord and tenant should know about cockroaches in an apartment: why they show up, how to get rid of them effectively, and what the law says about who’s responsible for what.
With property costs rising in an uncertain rental market, you might think growing your propertymanagement business is out of the cards. Propertymanagers are getting creative—including rethinking fees and leaning on tech to do more. But you’d be wrong. We’ll look at all six of these strategies in this post.
Knowing how to decorate a small apartment isnt just about squeezing things inits about making smart choices that reflect your style, fit your budget, and actually work for your space. When it comes to how to decorate a small apartment, every decision counts. But in a small apartment? If your apartment has windows, use them well.
Thinking About Hiring a PropertyManager in Southern California? Owning rental property in areas like Los Angeles, Long Beach, or Orange County can be a significant investment, but managing it all yourself can quickly become overwhelming. That’s where propertymanagement companies come in.
Finding the right apartment goes beyond just liking the spaceits about knowing what to expect. Asking the right questions to ask during an apartment tour can give you a clear picture of what living there will be like. Living in an apartment comes with normal wear and tear. Safety is a top priority when choosing an apartment.
The PropertyManagement Show returns with Part 3 of Marie Tepman’s discussion with Todd Ortscheid, which builds off the earlier discussions of fee-maxing and choosing the right revenue model. And, the majority of rentals in America are not even managed professionally. But, the industry is big. It has to come first.
As a landlord, attracting reliable tenants is one of the most important aspects of managing your rental property. Effective marketing helps your property stand out and secure tenants who will take care of it and stay long-term. Consider the type of property you own. Keep your listings up to date to stay visible.
In a post-pandemic, tech-enabled world, the term virtual propertymanagement company has moved from experimental concept to a proven business model. What Is a Virtual PropertyManagement Company? Others are solo operators managing a tight, streamlined portfolio from anywhere with Wi-Fi.
But, at the end of the day, can a landlord charge a cleaning fee after you move out? Main Takeaways Yes, a landlord can charge a cleaning fee after you move out–with asterisks. According to some of the most reliable and efficient propertymanagement companies in Northern Virginia , theres a clear procedure you should follow.
Because of their capacity to improve an investors cash flow, generate multiple streams of income and boost their net operating income (NOI), multifamily properties are a popular type of real estate investment. Are you taking that big step and purchasing your first multifamily property?
Have you ever felt like finding an apartment is more about paying fees than actually landing your dream place? The application fee for apartment can seem unfair, especially when it catches you by surprise. But why do landlords charge these fees, and can you get them back? What Are Apartment Application Fees?
For landlords in Baltimore, the big question is how much to furnish an apartment without overspending, yet still attracting great tenants. Long-term value: A well-furnished rental attracts reliable tenants, reduces turnover, and enhances rental incomemaking it a strategic investment for landlords. Wondering where to start?
You’re not imagining it—your apartment really does feel like a sauna. It’s no wonder so many renters find themselves wondering: “Why is my apartment so hot?” Main Takeaways To answer, “why is my apartment so hot? Main Takeaways To answer, “why is my apartment so hot?”
One often-overlooked but crucial aspect of propertymanagement for landlords is the power of knowing the neighbors of the properties you own. For landlords, it can be paralyzing. One often-overlooked but crucial aspect of propertymanagement is knowing the neighbors of the properties you own.
For landlords and propertymanagers, these versatile vehicles can be an enticing option to diversify short-term rental offerings. The post Motorhomes as Short-Term Rentals: A Unique Opportunity for Landlords and PropertyManagers appeared first on AAOA.
If you’re wondering how to get rid of mice in an apartment and keep them from coming back, youre in the right place. Main Takeaway How to get rid of mice in an apartment: Identify and Block Entry Points : Mice sneak in through tiny gapsseal cracks, doors, and vents to stop them from entering. Read below to learn more.
That’s why we’re here — to help you understand the difference between a flat and an apartment. What about an apartment? Propertymanagement companies in Northern Virginia offer a range of rentals — from cozy flats to modern apartments — so you can find the right fit. What Is an Apartment? What Is a Flat?
As a landlord, you’re used to juggling everything from repairs to tenant concerns, but tiny invaders like ants can still catch you off guard. If youve ever walked into a kitchen and found a line of them trailing across the counter, youre probably wondering how to get rid of ants in an apartment without reaching for harsh chemicals.
Have you found yourself browsing apartment listings, only to pause at the mention of a “den,” wondering, what is a den in an apartment? That’s one question countless people have asked our propertymanagement experts. Let’s break down what you need to know about this trendy apartment feature.
One of the benefits of this option is that you can rent while saving to buy the same apartment. Its a unique combination of renting and owning the property. And can a landlord break a rent-to-own contract? This guide will explain everything you need to know about rent-to-own properties.
They have turned carports, greenways, storage spaces and laundry rooms into entry-level apartments, sometimes in less than a year from conception to completion. However, like any venture, investing in a tiny house as a rental property has advantages and drawbacks. The post How to Become a Tiny House Landlord appeared first on AAOA.
Luckily, theres an easy answer: Propertymanagement accounting software. In this article, well explain why accounting software for propertymanagement is a must-have as well as our pick for the top software for 2025 so that portfolios both big and small can stay organized, up-to-date, and accurate.
Imagine living in (or renting out) an apartment where rent doesnt jump hundreds of dollars each year. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. Where Can You Find Rent-Stabilized Apartments? So, What Does That Really Mean?
This deposit isn’t similar to rent; it is held in a separate account by your landlord. The goal of a security deposit is to protect the landlord from financial problems in the event of property damage or other expenses. For apartments, it could be about the same or even lower.
In your journey as an investor, youre probably searching for the most worthwhile opportunity, and thats where the apartment vs house debate comes in. Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits.
This question often confronts landlords as they deal with the legal landscape concerning the rights of residents with disabilities. In the following article, we will explore whether landlords can legally impose a pet deposit for assistance animals and discuss the legal framework that safeguards these vital companions.
If youve been house hunting or even just scrolling through rental listings youve probably come across something called a garden apartment. But what is a garden apartment, exactly? In this article, well explain what a garden apartment really is, why many investors see them as hidden gems, and what challenges to expect.
If the heater goes out in my rental should I give tenants credit while awaiting the repair is the question this week for Ask Landlord Hank. After he retired, he started a real-estate brokerage business with his sister that focuses on propertymanagement and leasing. He provides answers each week to landlords.
When you moved into your apartment, you doubtlessly did a thorough walk-through to make sure everything was in good shape. Now you’re wondering: How long does a landlord have to replace a refrigerator and other appliances? Now you’re wondering: How long does a landlord have to replace a refrigerator and other appliances?
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