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Everything you need to know about proptech: An advanced guide for property managers

Buildium

If youre managing rental units, commercial spaces, or mixed-use properties, a solid understanding of proptech and how to use digital tools effectively comes with the job description. Well explore how proptech reshapes workflows, decision-making, tenant engagement, and portfolio management.

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What Does a Leasing Agent Do? Basics You Need to Know

Bay Property Management Group

Then, once they find a qualified tenant and hand over the keys, their work is basically done. Handling Tenant Inquiries Leasing agents are the first point of contact for renters showing interest. When potential tenant wants to confirm the rent price or an email asking to schedule a tour, they contact them.

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How property managers can expand their business by acquiring other property management companies

Buildium

When you acquire another company, you can quickly add new rental units under management, enter new markets, and broaden the types of properties you oversee. Conducting Due Diligence Due diligence involves checking your potential acquisition’s financial health, operational stability, and legal compliance.

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Is It Time for Property Management Software? Here’s How to Tell

American Apartment Owners Association

Managing properties whether its a few rental units or a growing portfolio takes a lot of time, organization and resources. Automated maintenance requests keep vendors and tenants organized. Custom portals for tenants, vendors, and investors keep everyone in the loop. Rebate programs on maintenance and upgrades.

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What Is a Mother-In-Law Apartment & Should You Have One?

Bay Property Management Group

Main Takeaways Mother-in-law apartments offer flexible living solutions , serving as spaces for aging relatives, guests, or rental units that can generate extra income. property management isnt just about fixing leaky tapsits knowing whether you can legally rent out that little unit in your backyard without breaking any rules.

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What Is a Rent Stabilized Apartment? What You Need to Know

Bay Property Management Group

The price stays steady, the lease keeps renewing, and tenants feel secure staying long-term. Thats the idea behind a rent-stabilized apartment housing with built-in protections to keep rent increases reasonable and tenants in place. For one thing, a tenant’s rent can only increase by a certain amount each year.

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Understanding Colorado Springs Rental Laws

Muldoon Associates

That can feel pretty frustrating, especially if you’re a landlord or a rental property owner who is trying to keep up and stay in compliance. As property management experts in Colorado , it’s our job to stay up to date on all the existing and pending legislation, and to keep the owners we work with in full compliance.