article thumbnail

Stress-Free Landlord: 5 Ways to Automate Your Colorado Springs Rental Property

Muldoon Associates

If youre struggling to get a listing put together, late in responding to tenant inquiries, and unable to schedule showings on your time schedule, youre going to face longer vacancy periods and struggle to place a good tenant. Youll get a single listing shared on multiple websites, allowing more tenants to find you and your rental home.

article thumbnail

Apartment vs. House: Which Should You Consider Investing?

Bay Property Management Group

Main Takeaways Apartments provide steady rental income and lower maintenance responsibilities , thanks to shared building management, multiple tenants, and tax benefits. However, ongoing costs and tenant management can be challenging. And even if one unit is empty for a while, the rest can still generate income.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 must-have condo hardware

Condo Control

Their platforms, which integrate with condo management software, give building managers and condo boards the ability to post notices in real-time from any desktop or mobile device. 5. It may also be a selling factor to prospective owners and tenants who proactively try to preserve natural resources.

article thumbnail

Lease Admin Nightmares: Ep 3 – CAM Charges from the Crypt

MRI Software

The landlord reluctantly sent a generic spreadsheet with vague line items: Building repairs (no invoices) Security enhancements (for the entire complex, not just our building) Management fees far above lease limits Red flags were everywhere, yet no real backup—just broad-stroke summaries and hollow reassurances of accuracy.

article thumbnail

SMART Building Management System

MRI Software

A smart building management system can revolutionize how a modern building is managed, offering a more efficient and integrated approach to maintaining property operations. Beyond cost savings, a smart building management system also saves you valuable time.

article thumbnail

What is a building management system?

MRI Software

What is a building management system and how can it help your building? At the core of modern real estate management, a building management system (BMS) marks a pivotal shift toward more integrated and intelligent building operations. How do building management systems work?

article thumbnail

Bye-Bye Broker Fee

American Apartment Owners Association

In New York City, unlike nearly every other place in the country, tenants are often forced to fork over a fee, on top of their rent, to a broker hired by the landlord before signing their new lease. This happens even to tenants who have never met the brokers. The Council voted 42-8 in favor of the measure. Need a Lease Agreement?