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6 must-know industry trends for small property managers

Buildium

However, by rigorously screening applicants, you can reduce turnover and help prevent costly evictions. Buildium’s software can automate rental history verification , automatically sending survey forms to applicants and displaying their responses. Consider using work order management software to accept and track maintenance requests.

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Can You Remodel a Condo in Philadelphia?

Bay Property Management Group

Your licensed general contractor will handle filings, so submitting paperwork early can prevent project delays. Thats why its a good idea to submit your applications early. In most cases, your licensed general contractor will handle this part for you. Can You Remodel a Condo in Philadelphia? What About City Rules?

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HVAC Preventative Maintenance for Single-Family Rental Properties

Lula

.” Managing single-family rental (SFR) properties comes with unique challenges, particularly when it comes to balancing tenant satisfaction with property maintenance. One area that’s frequently overlooked but crucial for long-term cost efficiency is the maintenance of HVAC systems.

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Professional Property Management: How It Works and How It Can Benefit You

Real Property Management Chicago

In general, this can include tasks such as marketing the property, screening and approving tenants, collecting rent, handling maintenance and repair requests, and more. This consist of listing the property on rental websites, showing the property to potential tenants, and screening applications.

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Top 5 Mistakes New Landlords Make and How to Avoid Them

Real Property Management Evertrust

Pro Tip: Create a rental application form that collects all necessary information in one go. This will help you compare applicants side by side and choose the best fit for your property. The Fix: Budget for ongoing and unexpected maintenance. Preventative maintenance can also save you money in the long run.

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5 ways for high rise condominiums to save money in 2025

Condo Control

In order to avoid angering residents by issuing hefty special assessments or maintenance fee increases, boards and managers are doing what they can to offset the high cost of maintaining a condo. Condominium corporations participate in a formal tendering process to acquire goods or services from third-party suppliers or contractors.

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How can high-rise condos use AI to make things easier?

Condo Control

Forecast maintenance issues to reduce maintenance expenses One property management company estimates that 15% of common element fees are used to cover cleaning services, and maintenance contracts, while another 5% is used for minor repairs and miscellaneous maintenance not included in the reserve fund budget.