Buildium
MAY 12, 2025
6: Accounts Payable How amazing would it be if your contractors and vendors could bill you electronically, you could verify the ticket was complete and then you could use a built-in calculator to figure out what you owe your vendor or yourself and then pay it all in one place ?
MRI Software
JULY 1, 2025
Operational disruptions Managing a property after a disaster requires handling emergency repairs, coordinating with contractors, and ensuring compliance with safety regulations. Loss of personal belongings Many tenants lose valuable personal items during disasters, from furniture and electronics to important documents.
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Buildium
MAY 29, 2025
AvidXchange: Automate Vendor Payments and Invoices AvidXchange digitizes accounts payable workflows by converting paper invoices into electronic formats and automating vendor payments. The system reduces errors and speeds up approvals, helping build better relationships with contractors and suppliers.
Buildium
NOVEMBER 5, 2024
Property managers are required to request a W-9 from and issue a 1099-MISC form to each owner, attorney, and contractor they work with, so long as payments meet or exceed the $600 threshold. It’s almost always easier, however, to file 1099s electronically (eFile) and the IRS requires you to do so if you’re filing 10 or more 1099-MISC forms.
SparkRental
NOVEMBER 28, 2024
The Big Picture On How to Handle a Bad Contractor: Keep detailed records of all agreements, payments, communications, and any issues with the contractor’s work. Before escalating, address the problems directly with the contractor, clearly outlining the issues and your expectations for corrections.
Buildium
OCTOBER 28, 2024
For instance, the majority of rental owners want their property management companies to handle payments electronically , and renters prefer to complete most processes on their smartphone, with the exception of applying for rentals and signing up for renters insurance.
Buildium
JANUARY 6, 2025
These materials may include financial reports, proposed budgets, contractor bids, and correspondence from homeowners. Online Voting Systems Online voting systems can streamline the decision-making process, allowing board members to cast their votes electronically.
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