Buildium

JUNE 25, 2025

Forecasting Tips for On-Time, On-Budget Rental Property Maintenance Staff, Contractors, and Vendor Management for Apartment Management Efficient operations rely on a dependable team and responsive service providers. Define responsibilities for office managers, leasing agents, maintenance staff, and cleaning crews.

Apartment Management

Buildium

JUNE 17, 2025

Encourage Current Clients to Acquire New Properties Another way to grow your portfolio is to help your existing clients grow theirs. Let’s say a contractor in your network informs you that a rental property nearby is about to be listed for sale. That’s where comprehensive property management software comes in.

Property Management

Buildium

MAY 27, 2025

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. Ensure you have the right number of team members for the work that adding new properties to your portfolio will bring.

Maintenance

Thanks For Visiting

APRIL 24, 2025

This is the ceiling imposed by manual management when managing reservations. To break through it and truly scale your co-hosting business, you need professional toolsspecifically, property management software built for the job. Choosing the right vacation rental management software is a significant step forward.

Airbnb

Buildium

DECEMBER 30, 2024

Employees and Contractors If you hire one or more employees, your payroll, as well as costs such as health insurance and other benefits are fully deductible. When you hire an independent contractor, that cost is deductible, too. Having property management software with accounting features can help you do that.

Property Management

Buildium

OCTOBER 28, 2024

However, cultivating strong relationships with existing clients and encouraging them to expand can be a more cost-effective way to add doors to your portfolio—particularly in a market where more rental owners may be interested in acquiring new properties in comparison with the recent past. What Type of Property Manager Are You?

Property Management

Buildium

MAY 15, 2025

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.

Property Management

MRI Software

DECEMBER 6, 2023

Our software addresses crucial property management challenges, including lead generation, maintenance requests, lease renewals, and more. These seven tasks are ideal for property management automation, using state-of-the-art property management software that you can find at MRI Software.

Property Management

MRI Software

DECEMBER 12, 2023

Property managers often utilize multifamily property management software as a powerful tool to streamline management tasks and responsibilities. This software can automate processes such as tenant screening, lease tracking, rent collection, and maintenance requests. appeared first on MRI Software.

Property Management

MRI Software

SEPTEMBER 30, 2024

The board also handles major decision-making processes, such as approving significant repairs, upgrades, and renovations to the property. The board is also responsible for hiring and managing external contractors for maintenance and repairs. Their collaboration is important for smooth property management.

Property Management

MRI Software

FEBRUARY 3, 2025

If you want to streamline ongoing management after purchase, consider leveraging multifamily property management software. The tool simplifies tasks like tracking maintenance, managing leases, and collecting rent digitally.

Property

MRI Software

DECEMBER 13, 2024

Whether youre planning to hold or sell, ADU multifamily California properties can enhance the financial performance of your investment. Managing the increased complexity of additional units can feel overwhelming, but the right tools can simplify the process. appeared first on MRI Software. How do you finance multifamily ADUs?

Single-Family Home

MRI Software

DECEMBER 16, 2024

Make sure your landlord residential insurance policy reflects the rebuild value, not the market value, of the property. Rebuild costs include clearing debris, hiring contractors, and meeting local building codes. Contents coverage Contents coverage applies to items you own inside the property.

Residential Property

MRI Software

MARCH 1, 2024

While basic inspections can be done by visually assessing the roof, hiring a professional roofing contractor for a thorough inspection is recommended. These providers will also ensure properties comply with local codes and regulations, providing you with peace of mind.

Property Maintenance

MRI Software

AUGUST 6, 2024

Talk with contractors about payment plans or discounts to manage the financial burden more effectively. One essential technology for operational risk management is multifamily property management software. By recommending renters insurance, you can also reduce potential conflicts.

Management

Buildium

MAY 21, 2025

Maintenance and repair markups : A surcharge for acting as a general contractor on maintenance itemsusually a percentage of the total property maintenance bill. Payroll and contractor fees : Payroll includes the base salary paid to employees along with any benefits, bonuses, overtime pay, training, and development costs.

Property Management

Buildium

MAY 21, 2025

Quickbooks for a Property Management Chart of Accounts Quickbooks probably comes to mind for your own business financials. This flexible software includes templates that work for most businesses, and it can be integrated with other tools. The chart of accounts view inside of Buildium’s property management software.

Property Management

Buildium

MAY 6, 2025

Maintenance and Repairs: Lay out how you intend to handle managing maintenance tasks for the properties in your portfolio. Do you plan to hire staff to handle these tasks or outsource to third-party contractors? Discuss how your team will manage these responsibilities alongside other, larger projects.

Property Management