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Top 10 Pieces of Advice for Property Managers

BetterWho

Start by understanding how pros organize their businesses—not just how they get licensed. That’s where property management consulting comes in. A good consultant helps you align hiring with your company stage and needs. or “Do I need a coach or consultant?”, Book a free discovery call with our consulting team

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How to Become a Property Manager—and Actually Build a Business

BetterWho

Step 3: Understand Licensing Requirements Most U.S. states require you to have: A real estate license A broker’s license (in some cases) Registration under an existing brokerage or PM company Always check your local state laws for updated requirements. Step 3: Understand Licensing Requirements Most U.S.

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Best practices for expanding your property management portfolio into new markets

Buildium

Before breaking into a new market, research its local landlord-tenant regulations, rent control laws, eviction policies, licensing requirements, and other relevant restrictions. Carefully analyze your competitors and consult local partners to understand regional differences. Here’s how you can stay in control across markets.

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How Vendor Relationships Can Improve Your Property Management Operations

Real Property Management Evertrust

Whenever attainable, check with vendor past clients and local licensing boards. If you have questions about how you can contribute to the partnership, consult your vendor about what would benefit them and strive to fulfill that. Yet, it requires more than hiring the right people to create and maintain vendor relationships.

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How to conduct an HOA reserve study: A guide for community managers

Buildium

Keep in mind that hiring an outside consultant will come with a cost. An HOA reserve study might not sound exciting, but they’re one of the most important tools for keeping community associations financially stable. This assessment serves as a roadmap for any repairs and replacements that the HOA will need to make in the future.

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How to Start a Property Management Company

BetterWho

Most guides will tell you to register an LLC, get licensed, and open a bank account. Step 6: Get Support from a Consultant or Coach Youll hit walls. Thats where a property management consultant makes all the difference helping you avoid trial and error and build on proven playbooks. Youll second-guess decisions.

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Property maintenance management workflows 201: Shifting from reactive to proactive maintenance

Buildium

Thats what process solutions consultant Kelli Segretto of K Segretto Consulting told us based on her 20+ years of experience within multifamily, single-family, and LIHTC property management. Read on to learn her detailed strategies for leveling up your maintenance workflows. In-house staff are being hired to handle work orders.