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6 steps to jump from property manager to property owner: Build your rental portfolio with confidence

Buildium

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. Your existing relationships with real estate agents, contractors, and inspectors can also help you find deals before they hit the market. Your professional network is another huge advantage.

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Building a Competitive Property Management Maintenance Team: It’s More Just Hiring

Buildium

This role can be part-time or full-time and may still be a 1099 contractor. You may also need additional coordinators to manage the increased volume of work orders. Medium Portfolio (500600 Doors) At 500600 doors, consider hiring a boots-on-the-ground maintenance technician.

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6 steps to jump from property manager to property investor: Build your rental portfolio with confidence

Buildium

Relationships with lenders, brokers, contractors, and inspectors can make a big difference when you start investing. Your existing relationships with real estate agents, contractors, and inspectors can also help you find deals before they hit the market. Your professional network is another huge advantage.

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Roles and responsibilities of condo boards vs. property managers: Key differences

MRI Software

Often part of a property management company, they provide expertise and support to ensure the property runs smoothly and efficiently. Their responsibilities include maintenance, tenant relations, and financial management. These decisions often require a majority vote among board members.

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What is a corporate lease for residential properties? Insights for landlords and property managers

MRI Software

In a corporate lease, the business is the primary tenant, and it is responsible for paying the rent, while employees or contractors occupy the units. In contrast, a personal lease is signed by an individual who is directly responsible for living in the property and handling rental payments.

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Generative artificial intelligence (AI) in facilities management (FM)

MRI Software

As the integration of generative AI continues to evolve, the potential benefits in adopting AI driven facilities management software are vast, promising a more efficient, sustainable and effective approach to managing properties.

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SMART Building Management System

MRI Software

These innovative systems not only simplify day-to-day management but also contribute to long-term sustainability, making them an essential component for any forward-looking building owner or manager.