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Maximize your rental business with small landlord property management software

Buildium

Investing in small landlord property management software can pay you back in dividendsif you know how to spot the best platform and use it to its fullest extent. Benefits of Small Landlord Property Management Software Lets start with the benefits of small landlord property management software.

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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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HOA maintenance schedules: How to stay organized and keep residents happy

Buildium

Boost Efficiency: Proper scheduling makes the best use of time and resources, to get tasks completed on time without overburdening staff or contractors. Increase Resident Satisfaction: When residents notice maintenance tasks are handled proactively, they feel more secure and are more likely to be satisfied with the HOAs management.

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

Buildium

Strategic Approaches to Staffing According to Segretto, one of the first things to do as your property management business grows is to hire more staff: However, expanding your staff isnt just about handling the extra coordination required by more work orders. At some point, you may want to bring the actual maintenance workers in-house.

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

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6 Property Management Tax Mistakes: Are You Making Them?

Buildium

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.

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6 must-know industry trends for small property managers

Buildium

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?