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

Buildium

Where Software Can Help Managing maintenance efficiently takes the right tools. Purpose-built property management software can simplify the most time-consuming parts of the job. Instead, take the time to collect a vendors business license, proof of insurance, and other essential documents.

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How do property managers verify income?

MRI Software

Gathering Business Documentation: Request business licenses, contracts, or invoices that can provide additional proof of ongoing work and income. Using Third-Party Verification Services: Some property managers might use specialized services that verify self-employment income by analyzing financial data and business activity.

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Airbnb vs Multifamily Investing | Which is Better?

MRI Software

Multifamily investing requires a focus on tenant acquisition, lease agreements, and ongoing property maintenance to ensure steady cash flow. Investors often leverage multifamily property management software to streamline daily operations, simplify rent collection, and efficiently handle maintenance requests.

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7 Must-Know Trends in Single-Family Rentals for 2024

Propertyware

This preference for digital processes cuts across generations: Property managers and landlords will rely increasingly on property management software , smart home devices, and automation to streamline operations, enhance security, and deliver better services to their tenants.

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How to create a property management business plan: Step-by-step guide and free template

Buildium

Technology and Software Needs: Compile a list of the resources that you will need to complete your daily tasks. The compliance and risk management component of your business plan is meant to show how well youve identified any risks that stand in your way and should also provide a clear framework for how you intend to mitigate them.

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The tax cuts and jobs act is set to end—Here’s what it means for property managers in 2025

Buildium

For example, you could invest in a new company vehicle, office computers, or property management software like Buildium. Ultimately, your best bet is to consult a licensed tax or legal professional who can help you fortify your property management business against potential tax code changes.