This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Property managers have always grappled with challenges around energy cost recovery and reporting. That’s just one example of what energy management systems can do for property managers. They increase accuracy, compliance and financial performance for residential, affordable, manufactured housing and commercial properties of all sizes.
Property managers are under pressure to do more with lessfrom labor shortages to rising costs. In this article, well show you how to start putting AI to work in your day-to-day workflows today. What Is AI in Property Management? Implementation Costs: Despite the long-term cost savings, implementing AI can be expensive upfront.
Tim Wehner is a former president of the National Association of Residential Property Managers (NARPM ). While hes no longer on the National Board of Directors, his experience in property management and expertise on all things NARPM make him a valuable source of information. Start us off right, Tim! Tim : Absolutely.
As a property manager, you already know that, to find new clients and tenants, youll have to meet them where they are. Let’s dive into some social media strategies for property management to help you broaden your reach and better engage with your audience.
Property managers—particularly those looking to grow—can use a rent roll to keep track of money collected from residents, look for potential problems with vacancies or turnover, compare rent and fees to market prices, and look for opportunities to increase revenue from individual units or even entire properties. What Is a Rent Roll?
The financial health and growth of property management companies is more closely tied to resident experience than ever before. Effective maintenance significantly reduces churn, with satisfied residents being 38% less likely to consider moving.
If youre considering starting your own property management company, you may be tempted to look into property management franchises. In this article, well explore some things you should keep in mind if youre thinking about being a property management franchisee. They are certainly an easy way to get your foot in the door.
The property management industry is becoming increasingly competitive, and standing out requires a strategic approach to marketing. Heres how to go from invisible to irresistible by helping property owners find, like, and hire your company. The answer is search engine optimization (SEO). The simplest way to improve your reviews?
Todays property managers can build entire operations that are fully digital, from lease signings to vendor payments to team coordination. In this article, were exploring what going digital really means, how it transforms your daily operations, and why its becoming the standard for property managers everywhere.
AI in Property Management: Separating Hype from Reality Artificial Intelligence (AI) is revolutionizing various industries, and the property management business is no exception. However, amidst the excitement, it’s crucial for property managers to distinguish between what’s merely hype and what genuinely delivers value.
In the previous editions of our property management software buying guide, we covered the basics of how to compare property managers, from key features software should have to assessing pricing models and customer reviews. We also explored specific considerations for multifamily property management software.
What follows in this article isn’t everything that’s included — just the best parts. This will come in handy if you sell one of your properties and want to deactivate all tenant autopay configurations in bulk. The latest release of Yardi Breeze and Yardi Breeze Premier is likely the biggest of 2025.
Technology has fundamentally reshaped the way property managers and their staff interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.
Right now, the majority of HOAs are using AI for communications , but some are also experimenting with maintenance and financial management. In this article, we will explore some specific ways HOAs are using AI to improve operations, reduce tedious and repetitive work, and get back some valuable time.
To help you out, this article will answer common questions about where property managers can find simple legal lease agreement templates. Thats why some property managers choose to write their own rental lease agreements, risking accuracy and legality just as they would with free templates. Who uses free online leasing docs?
Property management and the essential role of policies, written communication and procedures for the year ahead. By The Fair Housing Institute As the new year begins, property management professionals have the opportunity to reflect on foundational practices that ensure both compliance and operational excellence.
This article was provided by Mike Holmes Protection. To find out more on home warranties Click Here Owning investment property can be both rewarding and challenging. From securing reliable tenants to ensuring consistent income, property owners must also contend with the inevitable wear and tear on appliances and systems.
AI is quickly infiltrating every industry, including residential property management. While it may seem novel today, several tech and property management companies are already experimenting with AI and its potential. AI property management tools can increase productivity by as much as 40% ! But that number will rise.
And if your property is more than 30 years old? Many property owners underestimate this reality. In this article, you’ll get a simple rule for how much to save, what drives turnover costs (especially in older homes), and how to build a reserve strategy that protects your cash flow. Those costs multiply. And the good news?
Turnkey investment properties are often promoted as the ultimate solution for rental property investors—move-in ready, low-maintenance, and a rapid path to steady rental income. They may look like the perfect investment, but hidden risks of turnkey properties can catch even experienced investors off guard.
Success in property management often comes down to planning. Thats especially true when it comes to marketing your business and the properties in your portfolio. This post will walk you through how to craft a winning property management marketing plan tailored to meet your specific business needs.
Sometimes, to make accommodations for the property, the landlord may need to make certain changes that help the leaseholder feel more comfortable. In this article, we’ll look at some common leasehold improvements, compare them with regular maintenance, discuss who typically pays for them, share a few tips, and more.
Operators Are Using AI Organization-wide I participated in the “AI and the Future of the Industry” session on Wednesday with Anne Baum, VP of Marketing at Towne Properties, Cindy Clare, Chief Operating Officer at Bell Partners and Ian Mattingly, President at LumaCorp Inc. It’s not a big gradual improvement.
’ Whether you’re renting out one property or several, understanding taxes is crucial for your business’s health. In this article, we’ll cover the core tax tips every landlord should knowfrom what counts as rental income to how to track your expenses and deductions. Read below to learn more!
If the bylaws are silent as to the location, the meeting must be held within 15 miles of the condominium property or within the same county as the condominium. We will update this article if amendments are made to the bill, but as always, contact an attorney if you have specific questions. The threshold was previously $10,000.
For some, this may mean working out more often or starting a new hobby, but for otherslandlords and property managersit means organizing finances and preparing for the upcoming tax season. Luckily, theres an easy answer: Property management accounting software. But which option is the best landlord accounting software for you?
Inefficiencies in maintenance, space utilization, and vendor management can quickly lead to rising expenses and operational disruptions. Whether overseeing office buildings, warehouses or commercial spaces, facility managers must balance maintenance, operations, and budgeting to ensure smooth day-to-day activities.
Running a portfolio of over 50 properties requires efficiency and automation to ensure continuous Airbnb growth and profitability. In this article, we outline 2025 vacation rental growth strategies tailored for high-volume Airbnb hosts. Offer cleaning and maintenance services to other short-term rental operators for additional income.
In this guide, we’ll break down what STR means, why it’s booming, its pros and cons, and how it stacks up as an investment property in 2025. As the name suggests, these are properties leased out for short periods—usually 30 days or less. many owners rely on rental property management in Washington D.C. In busy markets like D.C.,
There are many ways to assess the success of a rental property, but one of the most effective, tried-and-true ones is the rental yield. This tool helps investors determine how much income a property generates in relation to its cost. In turn, this offers a clear, succinct snapshot of a property’s profitability.
Furnished Finder Fees: What You Need to Know as a Property Owner By The Hospitable Team OTAs Looking for a way to fill the gaps in your Airbnb booking calendar during a shoulder season? Depending on where your STR property is located, a smart decision may be to experiment with hosting guests mid-term. Sign up now!
Managing rental properties in Columbus can be incredibly rewarding, but even small missteps can snowball into expensive problems. Because even small screening and lease agreement mistakes can cost you thousands in lost rent, legal fees, and property damage, not to mention time, stress, and lost sleep. Just as important?
Digital marketing might just be the most common and accessible way that property managers can reach prospective owners and tenants. The Importance of Digital Marketing in Property Management When property owners and renters begin their search for management or a rental unit, they usually start online.
AI-Powered Property Management: The 4 Key Pillars Property management is evolving from a manual hustle to intelligent automation. The next generation isn’t just software—it’s an AI-powered property management system: a self-learning brain that runs your business while you’re focused on growth.
AI-Powered Property Management: The 4 Key Pillars Property management is evolving from a manual hustle to intelligent automation. The next generation isn’t just software—it’s an AI-powered property management system: a self-learning brain that runs your business while you’re focused on growth.
By The Fair Housing Institute Technology has fundamentally reshaped the way property managers and their staff members interact with residents. With new advancements in artificial intelligence (AI), many tools that properties use for payments and resident communication are being upgraded.
Related Articles: How To Plan For Your HOA Budget HOA Budget Best Practices Every Board Member Should Know A Comprehensive Guide To HOA Loans The post The Ultimate Guide To Creating A Reliable HOA Budget appeared first on Hoa Management.com. A trusted HOA management partner can make budgeting easier and more effective for your board.
In this article, we’ll define it, break down its key features, see how it compares to month-to-month agreements, look at what happens when the term ends, and talk about the role property managers play in the process. appeared first on Bay Property Management Group. So, what is a fixed-term lease? Let’s get into it.
One of the smartest ways to boost margins across multiple listings is to reduce your property management cost and reinvest those savings into a robust direct booking strategy. At scale, your operations likely involve: On-site staff or third-party management contracts to handle guest check-ins, maintenance, and emergency responses.
HOA Summer Preparation: 11 Things to Do From maintenance works to managing financials and documents, here are 11 things that you need to include in your to-do list for the warmer months. Having licensed professionals assess your property can save the community money in the long run.
AdvanceCM Inventory Autopilot: Automate Every Stock Change Managing inventory across multiple properties or units can quickly become a headache—especially when you’re trying to track damaged, depleted, or inoperable items in real time. See the full help article here. What Is Inventory Autopilot? Who Is It For?
AdvanceCM Inventory Autopilot: Automate Every Stock Change Managing inventory across multiple properties or units can quickly become a headache—especially when you’re trying to track damaged, depleted, or inoperable items in real time. See the full help article here. What Is Inventory Autopilot? Who Is It For?
Pet fees have evolved in rental housing from cost recovery to a burden for many pet owners see how this works in this article. Breaking Down the Math: Pet Fees as a Revenue Stream Revenue from Pet Fees To illustrate the financial impact, let’s consider a hypothetical property management company overseeing 10,000 rental units.
These companies provide a way for individuals to invest in real estate without directly managing properties. ”this article will walk you through everything you need to know. Mortgage REITs : Invest in property mortgages and earn from interest payments. What Is a REIT and How Does It Work?
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content